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Tight-fisted corporate execs have been the biggest brake on growth for several years, but they appear to be relaxing their grip. Tony Raimondo, CEO of Behlen Manufacturing in Columbus, Neb., estimates that war jitters were costing his metal-fabricating firm $2 million a month in lost orders--about 20% of his anticipated business. Raimondo expects spending to pick up now, as it did after Gulf I. Orders last week were twice what they were a year ago. Says Sung Won Sohn, chief economist at Wells Fargo: "When I visit our customers throughout California, they all tell me they need...

Author: /time Magazine | Title: Why the Bear Will Lose Its Bite | 4/21/2003 | See Source »

...officials expected him to lop off the south as lost in the war's first hours. Instead Iraq's newly titled Staff Field Marshal Saddam played to his limited strengths by deploying highly motivated loyalist paramilitaries to the towns and cities where they could help him keep his grip on power. Saddam carefully chose forces that could handle double duty, tying down coalition troops with a stubborn stream of skirmishes while compelling local populations to stay loyal...

Author: /time Magazine | Title: Inside The Strategy: 3 Flawed Assumptions | 4/7/2003 | See Source »

...understand why the Americans and the British wanted U.N. approval before doing away with Saddam Hussein. As the sole superpower and its closest ally, they shouldn't have felt the need to get approval to free the citizens of Iraq from Hussein's grip. ELIE SMITH Paris...

Author: /time Magazine | Title: Letters: Apr. 7, 2003 | 4/7/2003 | See Source »

...Less than two weeks ago, medical investigators thought they might be getting a grip on this puzzling killer. Doctors emerged from their labs to announce they had identified the likely pathogen that causes SARS: a mutation of the coronavirus that normally causes nothing more harmful than the common cold. Researchers averred that while the disease was contagious, it chiefly required close contact with an infected patient to be spread, most likely through respiratory droplets sprayed into the air by a cough or sneeze. Finally, quarantines were instituted in Singapore, Canada and, after much dithering, in Hong Kong, leading to predictions...

Author: /time Magazine | Title: Doing Battle with the Bug | 4/7/2003 | See Source »

...forces move to envelope Baghdad in a vise grip, a second battle for Baghdad rages off-camera, sometimes with equal ferocity: The struggle to determine by whom, and under what authority, Iraq will be governed once the coalition pulls the plug on Saddam Hussein's regime. Defense Secretary Don Rumsfeld is reportedly urging President Bush to install a "provisional government" of Iraqi exiles who "share the president's objectives for a free Iraq." The U.S. may not even wait for Saddam's ouster; Joint Chiefs of Staff Chairman General Richard Myers said Thursday that rather than fight street-by-street...

Author: /time Magazine | Title: In Washington, the Battle For Baghdad Heats Up | 4/4/2003 | See Source »

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