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Rumsfeld's allies say he has not surrendered to the military and its congressional allies. They insist he is transforming the military, albeit slowly, and stress that the military must not view Afghanistan as a template for all future conflicts. "One size," warns Army General Tommy Franks, who is running the war, "will...

Author: /time Magazine | Title: The Lessons Of Afghanistan | 2/18/2002 | See Source »

Hungary continues to insist the effort is benign. Kinga Gal, a senior official helping to oversee the program, says Budapest's main concern is illegal immigration from poorer neighbors once Hungary joins the E.U., as is expected by 2004. Providing a leg-up to ethnic Hungarians in countries outside an expanded E.U., she says, might dissuade them from rushing the border in years ahead. But analysts point out that Hungary may also be using the law as a way of importing cheap labor to make up for a shortage of skilled workers...

Author: /time Magazine | Title: The Empire Strikes Back | 2/18/2002 | See Source »

...fact, not a feel-good piece. Rather, McNally has constructed a provocative play about the pain of living in a world where the greatest joy is derived from that which is not real. Though art may be transcendant, it cannot alone fulfill one’s existence: Those who insist on escaping the grittiness of life come eventually to recognize the agonizing depth of the divide...

Author: By Sara K. Zelle, CONTRIBUTING WRITER | Title: When Opera Met Reality: Terrence McNally's The Lisbon Traviata | 2/15/2002 | See Source »

...Military action against Iraq is not imminent, administration officials insist. But at the same time, they are strongly hinting that it may be inevitable. Even the administration's arch dove, Secretary of State Colin Powell told a Senate Budget Committee hearing this week that the President was committed to achieving a "regime change" in Baghdad, and that direct military action was among the options under consideration. The administration's more bellicose tone is designed to set the stage for Vice President Dick Cheney's tour of the Middle East and Gulf region in mid-March to rally support for action...

Author: /time Magazine | Title: Selling War Against Saddam | 2/13/2002 | See Source »

...financial markets while his superiors remain clueless for months. When he can no longer hide the losses, the trader disappears. At this point the stories diverge. Unlike Leeson, who fled from his Singapore base to Borneo and then to Frankfurt, Rusnak never left town and, his lawyers insist, was not a fugitive. The other difference: seven years ago, Leeson's losses of $1.3 billion from dodgy derivatives deals were large enough to bankrupt his employer, Barings Bank; it was taken over by the Dutch group ING. Allied Irish, in contrast, can take Rusnak's $750 million hit - that's less...

Author: /time Magazine | Title: Déjà vu on the trading floor | 2/11/2002 | See Source »

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