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...crisis we haven't seen since the 1930s, which had the potential of pulling into that vortex the financial institutions and markets of the core economies," says Kenneth Courtis of Deutsche Bank Group in Tokyo. "The hole was so big, you couldn't see the bottom." But the ho-hum reaction of world markets to Brazil's currency collapse shows, says Courtis, "that the emerging-markets crisis at least in this virulent first phase is over." That means the story of 1999 will be written by the core economies--North America, Japan and Europe--and these should keep global growth...

Author: /time Magazine | Title: So Far, So Good | 2/22/1999 | See Source »

...delirious state of glossolalia, faintly reminiscent of Eddie Vedder in the early and earnest "Jeremy" days. "I'm a Believer" began with an innocent guitar/bass duet and ended with each band member convulsing in his own private seizure, screaming, "I'm a believer, I'm a believer." "Hum" ended the set as a mildly regretful meditation on modern music: "In my mouth is a hurricane/I'm bored, I use Novocain.../Hum along and regret it." After a string of mediocre opening acts, one featuring a miffed Charles-in-Charge playing loungey guitar rip-offs, the wild-eyed sincerity...

Author: By Jessica A. Nordell, | Title: Divine Retribution | 2/19/1999 | See Source »

...hum, another massive merger in the Internet biz. Last week At Home picked up Excite; today Yahoo throws free home page service GeoCities into its shopping basket. The latest deal makes Yahoo much bigger, second only in reach to the mighty America Online. Quite a feat if you consider that no one's browser comes preloaded with a Yahoo home page. And what a validation for GeoCities, a company that seemed absurd as recently as last year -- will anyone ever make money on free web sites...

Author: /time Magazine | Title: Yahoo-GeoCities: Bigger Is Better | 1/28/1999 | See Source »

...they chose--all 13 of them getting an hour-plus in front of the cameras--they surely weren't concerned about repetition. Already, the 60,000 official pages, the hundreds of unofficial ones, plus nonstop Geraldo and MSNBC, have seeped into the public consciousness like elevator music. We can hum along with "We were never really alone." "There is absolutely no sex of any kind." "It depends on what the meaning of the word...

Author: /time Magazine | Title: The Boredom of Proof | 1/25/1999 | See Source »

...brother, can you spare an additional $120 billion over the next five years? Despite these lean budgetary times, that's been the military's refrain of late, voiced again Tuesday by Pentagon spokesman Kenneth Bacon. It's a tune that may be hard for some pols and citizens to hum during this period of relative peace, but the Pentagon isn't likely to stop singing it soon...

Author: /time Magazine | Title: The Pentagon Wants More Money | 12/8/1998 | See Source »

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