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Meanwhile, in the far-flung islands of the archipelago, Indonesians are starting to thumb their noses at Jakarta. Squatters invade mines and plantations, nobody pays taxes, smuggling is rampant, and murders go unpunished. Since February, some Dayak tribesmen in central Kalimantan have kept the heads they cut off Madurese migrants as trophies of magic power. Indonesia has more than 1.2 million refugees from ethnic violence. Says sociologist Paulus Wirutomo: "There's a hate being kept alive in our culture. We have to get rid of this." Wahid tried but failed. And Megawati...

Author: /time Magazine | Title: Fire Over Indonesia | 8/6/2001 | See Source »

...Nevermind box set debacle appears destined to overshadow any public discussion of its anniversary. "Our Band Could Be Your Life" offers a timely reminder that Cobain and company were merely a key regiment in the motley alt-rock army. With no beacon of commercial viability in sight, that far-flung herd of musicians, label heads, college radio DJs and `zine writers slowly but steadily introduced a new kind of rock `n' roll to people who, in Azerrad's words, "would seek out the little radio stations to the left of the dial that didn't have such great reception...

Author: /time Magazine | Title: The Bands that Made Nirvana | 7/31/2001 | See Source »

...wings in Brazil could set off a chain reaction that results in a tornado in Texas. The interdependent world of Italian finance works in much the same way. Early this month, the automaker Fiat - admittedly, a rather large butterfly - joined in a hostile bid for Montedison, a conglomerate whose far-flung holdings include Italy's largest private-sector electric company. Such transactions would hardly seem to be the stuff of high drama. Yet that one move called into question the power of the élite investment bank Mediobanca - which owns 15% of Montedison - and started Italian investors buzzing about...

Author: /time Magazine | Title: The End of The Affair | 7/23/2001 | See Source »

...flexing his expense account in Seoul as associate of The Carlyle Group, a global investment firm that has among its advisers James Baker III. He couldn't believe his good fortune?and couldn't resist sharing news of it 10 days after his arrival with a small circle of far-flung friends. Wrote the giddy 24-year-old in an e-mail: "I know I was a stud in NYC but I pretty much get about, on average, five to eight phone numbers a night and at least three hot chicks that say they want to go home with...

Author: /time Magazine | Title: Starting Time | 6/4/2001 | See Source »

...into businesses that are growing faster on average than aircraft manufacturing, which is subject to severe cycles. In the past five years, Boeing (2000 sales: $51.3 billion) has purchased McDonnell Douglas (F-15s) and the satellite division of Hughes Electronics and Rockwell International's space and defense units. These far-flung companies--Rockwell and Hughes are in California, MDD in St. Louis, Mo.--will compete for capital and talent with the eponymous aircraft division. "This is about nimbleness and flexibility. It's about being organized to operate in a changing and expanding business environment," Condit says...

Author: /time Magazine | Title: Boeing, Boeing, Gone | 4/2/2001 | See Source »

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