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...owned oil company Sinopec, warned last week that profits in the second half of this year will decline significantly. If other companies feel a similar pinch, as Simpfendorfer fears, that could crimp one of the main drivers of China's current economic boom?spending by companies to build and equip new factories and other businesses. While the economy is still growing at an impressive clip, says Morgan Stanley's Xie, the trend toward deceleration "is pretty clear...

Author: /time Magazine | Title: Peril at the Pumps | 8/29/2005 | See Source »

...somewhat more daunting ordeal of death-dealing tripod machines rising from the ground and massacring innocent bystanders. Apparently, the tripods were buried by malevolent aliens centuries earlier, and have now been activated by the evil extraterrestials. Cruise’s character appears to possess no special powers that equip him to survive an alien attack, other than being able to unload shipyard cargo very fast and having the skills of an excellent auto mechanic. (There’s a V-8 engine sitting near his kitchen table.) I’m guessing his character was product placement...

Author: By Joshua P. Rogers, CRIMSON STAFF WRITER | Title: Intergalatic Conflict Strikes Home | 7/8/2005 | See Source »

...really worry that if another natural disaster strikes we will not have learned anything from the past. Although people realize that we live in a very unstable region, we still leave things to God and haven't put any effort into preparing ourselves for another disaster. We have to equip ourselves in terms of attitude, regulations and management, such that when a natural disaster happens, we're more prepared. If something happens and we're still caught unprepared, that would be very, very...

Author: /time Magazine | Title: Interview | 6/25/2005 | See Source »

Passenger cabins are also becoming safer. Under FAA orders, all U.S. airlines will equip their fleets with more fire-retardant seat cushions over the next two years. By next spring the aircraft will have improved fire extinguishers and smoke detectors, and by year's end they will get emergency floor markings designed to enable passengers to escape dark, smoke-filled planes. Still more improvements are on the way. The FAA plans this week to require airlines to carry medical kits for any doctors on board to use in emergencies...

Author: /time Magazine | Title: Is There Cause for Fear of Flying? | 6/21/2005 | See Source »

...that? How do you make Europe relevant and meaningful? The European project was originally about war and peace. Now it's about jobs and growth, for most people. What we have to do is reinvent the idea of Europe. We have to show how our combined economic strength equips us to come to terms with globalization and benefit from it. We've got to reinterpret Europe in terms of the shifts that are taking place in the global economy. We've got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with...

Author: /time Magazine | Title: "We Have To Reinvent The Idea Of Europe" | 6/19/2005 | See Source »

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