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...That was just the opening act of a contentious political drama still playing out on the floor of the Diet, one that may prove the most important showdown of Koizumi's career. The fate of Takenaka and his banking plans has become a critical test of the underwhelming Koizumi era. If Koizumi enacts the package without sacrificing all of its major planks, the path toward sweeping economic reform may have finally begun. If, however, the formidable phalanx of Koizumi's opponents blocks the proposals?or waters them down to the point of irrelevance?then the Prime Minister's credibility...

Author: /time Magazine | Title: Last Stand | 10/28/2002 | See Source »

...Wellstone's tragedy may help the Democrats keep Minnesota, but what twists of fate create, they can also spirit away. It was Carnahan's unprecedented posthumous victory, along with Jim Jeffords' unexpected party switch, that gave the Democrats their microscopic hold on the Senate in the first place and allowed Tom Daschle to stall, water down and occasionally even block key parts of George W. Bush's agenda. But that margin will be tough to maintain. The Democrats' first problem is Carnahan. Sensing that she is vulnerable, Republicans made her one of their top targets, and they have poured millions...

Author: /time Magazine | Title: Death on the Campaign Trail | 10/28/2002 | See Source »

...offered to support the governing Popular Party in Madrid. The demands were immediately rejected by the government. IRAQ Let Our People Go In a rare display of defiance, hundreds of Baghdadis protested outside the offices of the secret police and the Ministry of Information, demanding to know the fate of missing relatives. This followed the surprise decision by Saddam Hussein to free tens of thousands of political prisoners and common criminals. ISRAEL Try, Try Again U.S. Assistant Secretary of State William Burns arrived in Jerusalem to promote a new peace plan aimed at ending the two-year Palestinian uprising...

Author: /time Magazine | Title: World Watch | 10/27/2002 | See Source »

Self-interest dictates that each should confess. But if both act on their self-interest, the prisoners’ fate is worse than if they had acted with each other’s interest in mind...

Author: By William B. Higgins, CONTRIBUTING WRITER | Title: Philosopher Attacks Self-Interest | 10/25/2002 | See Source »

Whatever his thinking, fate has called Bush’s bluff, and the administration’s reaction shows that its recklessness does have limits. Bush and company do not want war with North Korea. In their current struggle to escape their rhetorical straightjacket, they betray their intent to frighten the public into a war with Iraq that they realize may not be necessary. Although the North Korean threat differs from Iraq in the details, it is certainly of comparable magnitude. Bush cannot pretend that a preemptive strike is necessary in one case of while admitting the possibility of patient...

Author: By Blake Jennelle, | Title: When Sabers Rattle Too Loudly | 10/23/2002 | See Source »

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