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...something goes wrong," says Corin Segal, an aerospace scientist at the University of Florida. NASA sponsors Segal's research into developing a launch system that would allow for horizontal takeoffs. He estimates that technology could be 15, even 20 years away. In the meantime, if NASA wants more giant leaps, it may have to start with a small step back...

Author: /time Magazine | Title: A Return to Apollo? | 9/2/2003 | See Source »

...sting from the piece of shrapnel entering his left thigh almost before he heard the blast itself. "Glass was flying in all directions," he says, his body still shaking from the adrenaline charge, 15 minutes later. By the time he thought to duck, it was all over. A giant black cloud was rising from the site of the explosion, just 100 yards away, half a dozen cars were ablaze, and people around him were screaming at each other to run. "Everybody was shouting at the same time,? Jabbar says. ?There was complete confusion...

Author: /time Magazine | Title: 'No Iraqis Are Safe' | 9/2/2003 | See Source »

Sept. 11 forced military minds to take another look at their assumptions. No longer were the chief threats to the U.S. other states with giant armies. Now the enemy was stateless organizations with secret, unseen soldiers living in lawless lands overseas or possibly even living right at home among us. Tanks and submarines weren't much use in either theater. It was a new kind of war, Bush said. Within a few months, the Bush team developed a novel strategy that held that the U.S. could no longer wait to be attacked but would have to root out terrorists wherever...

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

...time: "It shouldn't have taken so long to figure out you don't get qualified investor leads by advertising on Yahoo's astrology page." Maybe there's hope for Furby yet. - By STEVE ZWICK New WorldCom Order A U.S. court-appointed monitor announced an overhaul of bankrupt telecom giant WorldCom's corporate governance, as Oklahoma filed criminal charges against the company - now known as MCI - and six former executives, for giving false information to investors...

Author: /time Magazine | Title: Biz Watch | 8/31/2003 | See Source »

...president of the Rhine-Westphalia Institute for Economic Research (RWI). "The bad days may be gone but we're not in heaven yet." How do economists explain the incipient turnaround? The euro has weakened from its recent highs against the dollar, aiding big exporters like steelmaker ThyssenKrupp and electronics giant Siemens. The U.S. economy is picking up, boosting demand for imports from Europe. Interest rates are the lowest in a half-century, helping businesses finance investment. And there's even some credit due to Chancellor Gerhard Schröder - a leader who has seen precious little of that recently. Schr...

Author: /time Magazine | Title: Is Germany Finally Bouncing Back? | 8/31/2003 | See Source »

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