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...sliding, and higher interest rates are signaling a slowdown in real estate. So where can investors expect the best returns over the next 12 months and beyond? TIME brought together a diverse group of investment experts to probe the question, and their answers may surprise you. Bonds have fallen enough to be a bargain--at least until the recovery really takes off. But beach houses to rent for income are so five years ago. For more, you'll have to read on. Our panel met in early August and was moderated by TIME senior writer DANIEL KADLEC. The experts: Seymour...

Author: /time Magazine | Title: Board Of Money Managers: Investing in a Recovery | 9/15/2003 | See Source »

...Arab world freely acknowledge that over the past two years, America's standing across all strata of the Arab world, from the growing army of angry young men with no job prospects in their stagnant economies to the liberal middle class and intelligentsia enjoying the fruits of globalization, has fallen to an all-time low. And the effects of U.S. operations in Afghanistan and Iraq, and the ongoing violence between Israelis and Palestinians, are sustaining that downward spiral...

Author: /time Magazine | Title: Al-Qaeda Today: Not Winning, But Not Losing, Either | 9/10/2003 | See Source »

...sneaked across its borders, al-Qaeda can't claim victories there - most of the Iraqi resistance is entirely homegrown. Bin Laden's network has lost many key operatives and its sanctuaries, its structures and finances have been disrupted, and none of the Arab regimes it aims to topple have fallen. Still, the fact that the trend in the Arab and Muslim world over the past two years is to turn away from the U.S. rather than move closer to it has to be the single most important factor operating in al-Qaeda's favor. As long as a significant portion...

Author: /time Magazine | Title: Al-Qaeda Today: Not Winning, But Not Losing, Either | 9/10/2003 | See Source »

America's military has been shrinking for the past 35 years. Since the height of the Vietnam War in 1968, the number of American men and women in the Army, Navy, Air Force and Marine Corps has fallen, from 3.5 million to 1.4 million today. The active-duty Army, the service most needed for labor-intensive peacekeeping missions, has fallen from 1.6 million troops in 1968 to 480,000 today. All four services have been cut in strength, and leaders of both parties have overseen this decline. President Bush's father reduced the number of Army divisions from...

Author: /time Magazine | Title: Is The Army Stretched Too Thin? | 9/1/2003 | See Source »

...present his father with the last kite to fall: "I'd make a grand entrance, the prized trophy in my bloodied hands. Then the old warrior would walk up to the young one, embrace him, acknowledge his worthiness." Amir wins the battle and dispatches Hassan to capture the fallen kite. But Hassan is caught by a group of bullies who make him an offer: leave the kite or pay for it with his body. Bound by loyalty, Hassan chooses the kite. Amir stumbles upon the scene and watches mutely, too cowardly to stop them raping his best friend. "Looking back...

Author: /time Magazine | Title: Fear of Flying | 9/1/2003 | See Source »

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