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...additional $1.5 billion in soft loans to the Bank of Lebanon to shore up the nation's currency. Saudi officials believe that the kingdom's support will far surpass the amount Iran provides Hizballah and will enable Lebanese Prime Minister Fouad Siniora to ride out the group's grab for influence. "You have to empower the Lebanese government so that it can reconstruct the country," says Nawaf Obaid, head of the Saudi National Security Assessment Project, which advises the Saudi government. "Iran and Hizballah will be the losers in the long...

Author: /time Magazine | Title: The Middle East War For Hearts and Minds | 8/27/2006 | See Source »

...college counselor at a public school in a hothouse ZIP code, and you wish you could grab the students, grab the parents by the shoulders and shake them. Twenty thousand dollars for a college consultant? They're paying for help getting into a school where the kid probably doesn't belong. Do they really think there are only 10 great colleges in the country? There are scores of them, hundreds even, honors colleges embedded inside public universities that offer an Ivy education at state-school prices; small liberal-arts colleges that exalt the undergraduate experience in a way that...

Author: /time Magazine | Title: Who Needs Harvard? | 8/21/2006 | See Source »

...Laffey is all adrenaline, the metabolic opposite of Chafee. And despite espousing the usual grab bag of social and economic conservative positions, he seems to most enjoy populist tirades against corporate special interests (especially the oil companies: he favors a robust alternative-energy plan for national-security reasons) and also against federal spending. "If you want big checks like the $150 million Chafee brought back from the $27 billion highway bill, vote for him. Rhode Island gets the short end of the stick when it comes to earmarks. I mean, the bridge to nowhere alone was $223 million," he says...

Author: /time Magazine | Title: Running Against the Big Shots | 8/19/2006 | See Source »

...urban areas, or within striking distance of major cities, that are home to many species of colorful birds. When you're done with meetings or can't face[an error occurred while processing this directive] another day of shopping, fit a long lens on your camera and go grab a glimpse of some of these feathered assets...

Author: /time Magazine | Title: Wing It | 8/16/2006 | See Source »

...soon vanish as sales flatten in 2009 at 111.1 million cameras, and then begin to sink in 2010. Things look even soggier through the revenue lens. Retail prices will plummet as they always have, especially as consumer-electronics powerhouses like Samsung, Panasonic and BenQ flex their distribution muscles to grab at market share from the other vendors ahead of them - Sony, Kodak, Olympus, Nikon, Fujifilm, HP and Casio - and from leader of the pack Canon. IDC sees an end to revenue growth for the foreseeable future, as the 10% growth in unit sales will translate into only a 2.2% boost...

Author: /time Magazine | Title: The Digital Camera Fights for Survival | 8/13/2006 | See Source »

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