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...ARRESTED. KIM JONG HON, 43, South Korean businessman; following the seizure of freight containers holding 13 highly radioactive devices; on Sakhalin Island, Russia. Kim, president of South Korea's All Nations Co., was detained by Russian police for allegedly attempting to import undeclared items. The devices, according to Russian authorities, contained uranium 238, a metal used in the process of armor plating and the production of ammunition, although some experts say it could possibly be used to make dirty bombs. South Korean officials say the devices were to be used at a construction site...

Author: /time Magazine | Title: Milestones | 1/3/2005 | See Source »

...import of the vote [in favor of Ukrainian independence from the disintegrating U.S.S.R.] went beyond the imminent creation of the fifth most populous country in Europe?52 million people, slightly fewer than in France. More broadly, the ballot seems likely to trigger the final dissolution of the Soviet Union ... Even now [the Kremlin government] is only a shell that some diplomats assert fails the test for diplomatic recognition?it does not control the territory it claims. Last week the [Soviet] central bank ran out of cash ... [and] the government may be unable to pay its employees, including the more than...

Author: /time Magazine | Title: Letters | 1/3/2005 | See Source »

...critical step toward ending the Islamic regime's nuclear brinkmanship. Talks aimed at reaching a permanent understanding are scheduled to start in mid-December. The mullahs have agreed to freeze a variety of activities involving uranium enrichment and plutonium separation, which the West interprets as including the manufacture, import and testing of centrifuges. In return, Iran accepted various sweeteners, such as potential cooperation in economic, security and even nuclear matters that could one day reduce the country's isolation from the West...

Author: /time Magazine | Title: Iran: Still Defiant | 12/17/2004 | See Source »

...anniversary of the original release of Do They Know It's Christmas?, and Geldof's resurrection of the song--featuring contemporary stars like Robbie Williams and Chris Martin from Coldplay--came out in Europe last week and is a hit again (it's available in the U.S. as an import at music chain stores and as a download from bandaid20.com) Proceeds will again help starving Africans, especially those in Sudan's Darfur region, where fighting between rebels and government-backed militias has left 70,000 dead and more than 2 million homeless in what Washington calls genocide. The new version...

Author: /time Magazine | Title: Do They Know It's Simplistic | 12/17/2004 | See Source »

...unheard of! I needed the caffeine, or I wouldn't have bought it." Trina Chang, a Californian backpacking through Europe, says, "We were going to buy two oranges this morning, but they cost so much, we put them back. It's so expensive, it's so sad." More important, the cost of foreign goods in the U.S. is increasing. Consider: at import-foods shop A Southern Season in Chapel Hill, N.C., a pound of European Brie has shot from $6.99 to $8.29 in a year, and even at that price, the store makes less profit. "We try to educate...

Author: /time Magazine | Title: Wither The Dollar | 12/17/2004 | See Source »

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