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...news: across a big swath of the globe, the sea is still rising, eroding what for low-lying places was already a slim margin of safety. Making the problem even worse is the loss of what Florida International University coastal expert Stephen Leatherman calls "living landforms," which would otherwise buffer that rise. Consider the wetlands that are an integral part of all river deltas, he says. Plants trap sediment from floodwaters flowing downriver, and the more they trap, the higher these wetlands grow. The problem is, people don't much like floods, so they build levees, which keep sediments from...

Author: /time Magazine | Title: Where the Waters Are Rising | 4/18/2005 | See Source »

That deal also looks promising to Signal Chairman Forrest Shumway. Both he and Hennessy confidently predict that the merged company will become a much tougher competitor around the globe. "I think that when you're competing in the international market, size is a very important factor because some of the European and Asian combines are very, very large," says Shumway. "Mergers that you know couldn't have been approved several years ago are now being approved because I think the Government has realized that if you're going to compete with some of these foreign Goliaths, you can't have...

Author: /time Magazine | Title: Bigger Yes, But Better? | 4/18/2005 | See Source »

...second time in four months, Prime Minister Yasuhiro Nakasone appeared on Japanese national television last week to address his country's most pressing issue: a $44 billion trade surplus that is stirring increasing resentment around the globe. Announcing a package of measures designed to lower trade barriers, Nakasone pledged to make Japan the freest market in the world. Said he: "I personally will hold myself responsible that enough will be done to satisfy international complaints that Japan is unfair in the trade area. We have taken very bold steps. We have done our best...

Author: /time Magazine | Title: Promises, Promises | 4/18/2005 | See Source »

Some reporters accused Ueberroth of running for higher office and began referring to him as "Senator." Charged Boston Globe Sportswriter Peter Gammons: "Maybe there wouldn't have been a strike if Ueberroth hadn't encouraged players to believe that he'd step in on their side." But when the strike was settled, a more typical opinion was voiced by a New York Post headline: IT'S PETER THE GREAT...

Author: /time Magazine | Title: Baseball: A Win for the Fans | 4/18/2005 | See Source »

...muster key support from the 11-strong bloc of U.S. Cardinals after his remarks about the scandal. Most of the American Cardinals know very well that the sex abuse crisis was fortunately exposed-not caused!-by the American media (most notably the Pulitzer Prize winning team at the Boston Globe). Still, Rivera could always hope for at least one American vote...

Author: /time Magazine | Title: Vatican Diary: A New Papacy Begins | 4/16/2005 | See Source »

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