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...increasingly vulnerable to its embrace. Lying between Asia and the rich markets of the United States, Australia and New Zealand, the islands are perfectly placed for transpacific smuggling. They're eager to attract tourists and investors, but their undersized police forces and outdated drug laws are easy to exploit. The Philippines, Guam, Palau and the Marianas have long been pit stops for drug traffickers, and police have warned for years that South Pacific states are also at risk. Transnational crime syndicates "are highly sophisticated and mobile," says Superintendent Larry Reid, acting national crime manager for the New Zealand police. "Their...

Author: /time Magazine | Title: Ice: From Gang to Bust | 6/21/2004 | See Source »

...increasingly vulnerable to its embrace. Lying between Asia and the rich markets of North America, Australia and New Zealand, the islands are perfectly placed for trans-Pacific smuggling. They're eager to attract tourists and investors, and their undersized police forces and outdated drug laws are easy to exploit. The Philippines, Guam, Palau and the Marianas have long been pit stops for drug and people traffickers, and police have warned for years that South Pacific states are also at risk. Transnational crime syndicates "are highly sophisticated and mobile," says Superintendent Larry Reid, acting national crime manager for the New Zealand...

Author: /time Magazine | Title: Ice: From Gang to Bust | 6/15/2004 | See Source »

...decisive and trustworthy. But Bush’s excellent campaign staff—including spin maestro Karl Rove and the likable Texas twang of Karen Hughes—is another big Bush asset. The president’s own Texas-tinted brain trust has already demonstrated its willingness to exploit the tragedy of September 11, 2001 in the campaign’s first round of ads, which prominently feature footage of the World Trade Center’s rubble. Bush may well manage to scare enough Americans into voting for him using these gut-wrenching images...

Author: By The Crimson Staff, | Title: Beating Bush | 6/9/2004 | See Source »

...probably wouldn't mind. After all, Gore's political activism is Fox's free advertising. In fact, both sides are doing their best to exploit the movie and each other and at the same time trying to keep as much distance from each other as possible. "We think it's fantastic," says Jim Gianopulos, chairman of Fox Filmed Entertainment. "But it's still a movie. [The environmentalists] came to us early on, and we welcomed their interest. But this is a movie, not a political agenda." Nevertheless, Fox screened the movie early for Gore, and Emmerich says he plans...

Author: /time Magazine | Title: Environment: Hollywood's Global Warming | 5/24/2004 | See Source »

...bonds, stocks, cash and property - they use much more aggressive investment strategies, like short selling, where an investor seeks to benefit from declining market prices; derivatives, where an investor uses instruments derived from the price of an underlying financial asset; and arbitrage, where an investor tries to exploit price differentials between markets. Flat stock markets have meant dwindling returns for institutional investors, who have been forced to seek other ways to plug the shortfalls in their portfolios. In addition to Railpen pledging $1.1 billion to hedge funds, earlier this year British Telecommunications' pension fund said it planned to invest...

Author: /time Magazine | Title: Should You Join The Hedge Fund Circus? | 5/23/2004 | See Source »

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