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...heard tales of Japan's looming economic Armageddon before. But Washington is worried that the fallout from Japan's malaise could hamper a nascent U.S. recovery. Worse, there's no quick-fix option. The world's second-largest economy, Japan labors under the globe's highest level of public debt--140% of GDP. Across the nation, bankruptcies and unemployment are soaring. Practically everything else--stock values, consumer prices, confidence--is in free fall. The biggest crisis of all is the yen. With the Bank of Japan printing money to offset a liquidity crisis, the currency is sliding fast...

Author: /time Magazine | Title: Time For Hardball? | 2/18/2002 | See Source »

Johnson's next battle was obtaining information about the suspect from creditors. Some companies, such as Discover and Gateway, gave Johnson everything on the fraudulent applications. Others, including Zales and American Express, told him next to nothing. "Giving customers some information would hamper our security efforts," says AmEx spokesperson Judy Tenzer. "We consider an investigation a law-enforcement issue," says Maria Mendler, of Zales' lending arm, Citibank...

Author: /time Magazine | Title: Identity Thieves | 2/11/2002 | See Source »

...with religious ties. "It's not like it was a big secret," the source said. "We knew there was a connection with Hamas." An official close to the current investigation claims the FBI forestalled an attempt five years ago to freeze the charity's funds for fear it would hamper a criminal case. But on Sept. 5, Treasury and FBI agents raided the Elashi family's computer firm in Richardson, InfoCom, and froze $56,000 in assets while subpoenaing records from company clients--including the Holy Land Foundation...

Author: /time Magazine | Title: The Cash Trail: Does Hamas Get Texas Money? | 12/17/2001 | See Source »

Ashcroft is not budging. His office told Congress it would continue to withhold the names of detainees, saying to do otherwise would compromise their privacy and potentially hamper the investigation. But it is also possible that Justice officials are as confused as everyone else about a definitive list. On Nov. 1 the department reported that from Sept. 11 to that date, 1,147 people had been detained nationwide. But at a briefing a few days later, Ashcroft spokeswoman Mindy Tucker said that senior department officials were not happy with the way the totals were being calculated. For one thing...

Author: /time Magazine | Title: Homeland Security: The Roundup: Why Hide The Numbers? | 12/3/2001 | See Source »

...onset of winter may also hamper U.S. efforts to use helicopters in strikes and to deploy special forces - freezing rain reportedly played a role in bringing down the helicopter that crashed in Afghanistan last Saturday, and the weather last week restricted U.S. efforts to insert more commandos on the ground...

Author: /time Magazine | Title: Afghanistan Situation Report: Week 5 | 11/6/2001 | See Source »

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