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...soggy aftermath of Hurricane Katrina, during a year where there were more storms than official names, one might expect that coastal residents in the U.S. have fortified their homes; renegotiated their flood, wind and storm insurance; and squirreled away supplies for the six-month 2007 Atlanta hurricane season, which begins June...

Author: /time Magazine | Title: Poll: U.S. Unready for Hurricanes | 5/31/2007 | See Source »

...system that it's time for a change is still a major struggle. While the national coalition government in New Delhi says it is committed to reform as a way of helping farmers boost their incomes, its left-wing members are horrified by the prospect of a flood of organized retail outlets putting mom-and-pop stores out of business. Wal-Mart, which has tied up with Bharti to set up a chain of retail stores to take on Reliance, has drawn protests, including a demonstration last February in which a generic Wal-Mart executive was burned in effigy, even...

Author: /time Magazine | Title: Food Fight | 5/31/2007 | See Source »

...bulk of the strikes involved what are known as Distributed Denial of Service (DDOS) attacks, in which computers flood targeted websites with an overwhelming number of requests for information, bringing the sites' underlying networks of servers and routers to a standstill. The scope and coordination were staggering. At the peak of activity on May 10, hundreds of thousands of computers from around the world (likely tricked by malicious downloaded software) were bombarding Estonian targets with thousands of times the normal flow of data...

Author: /time Magazine | Title: Under Attack, Over the Net | 5/31/2007 | See Source »

That magic combination has attracted a flood of foreign money, including large sums from the U.S. and the U.K. But investment between the Baltic Sea nations has been crucial too, now comprising one quarter of the region's investment flows. And the financial superpower within the Baltic Sea is undoubtedly Sweden, accounting for 60% of that regional investment. Two years ago, for example, Sweden's fourth largest bank, Swedbank, completed a $2.6 billion takeover of the Hansabank Group, the Baltics' biggest bank, whose distinctive sea-green and orange Viking ship logo can be found from Tallinn to Vilnius. The marriage...

Author: /time Magazine | Title: Sea of Plenty | 5/31/2007 | See Source »

...public outrage at home. Right now, life has never looked better for most Vietnamese: the economy has grown by more than 7% a year over the past decade, second in Asia only to China's, and this year's entry into the World Trade Organization has touched off a flood of foreign investment. A 2006 Gallup International survey called Vietnam the world's most optimistic country for the fourth year in a row, with 94% of urban residents predicting life would improve in 2007. As long as the government keeps delivering healthy economic growth, says Carl Thayer, a political scientist...

Author: /time Magazine | Title: Vietnam's War on Dissent Goes Public | 5/28/2007 | See Source »

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