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...INDICATORS Piping In New Money Oil giants Royal Dutch/Shell and Total agreed to a joint venture with Saudi Aramco to exploit natural-gas reserves in Saudi Arabia, the first such exploration involving outside firms in about 25 years...

Author: /time Magazine | Title: Biz Watch | 7/20/2003 | See Source »

...been planned long ago as an Iraq victory rally during which America would honor its British ally by awarding Prime Minister Tony Blair the congressional gold medal. But Thursday, despite Bush's ringing praise and Blair's passionate, poetic salute to America before a joint session of congress, neither sounded triumphalist. The medal ceremony was postponed to a later date, and Blair and Bush spent the afternoon firing back at Iraq war skeptics and vowing to press on until they prevail - and are vindicated. The Blair line that got most media attention in his own country was his rationalization...

Author: /time Magazine | Title: Tony Blair Wants More | 7/18/2003 | See Source »

...third of teenagers will find summer jobs this year, the worst showing since 1965, according to Northeastern University's Center for Labor Market Studies. With unemployment so prevalent, high school kids are facing more competition from college students and adult workers for those spots at the fast-food joint. Here's an update on some of the traditional--and less traditional--ways high schoolers make money in the summer. --By Maggie Shnayerson...

Author: /time Magazine | Title: No Room At The Mcdonald's | 7/14/2003 | See Source »

...failed to materialize. Where were the car chases, fight scenes, stunts, gun battles and helicopter crashes? There were none. Throughout the movie's entire 119 minutes, none of the five main characters even held a gun. When a lunatic actually pulled a pistol in the station house, the whole joint?of cops, mind you?practically cleared out in a panic...

Author: /time Magazine | Title: Crime Fighters Unbound | 7/14/2003 | See Source »

...While maintaining close ties to al-Qaeda, the Taliban have also forged a deepening alliance with Afghan warlord Gulbuddin Hekmatyar and his fundamentalist, vehemently anti-Western Hizb-i-Islami party, which remains potent in eastern Afghanistan. Afghan government officials, including President Hamid Karzai, and members of the U.S.-led Joint Coalition Task Force have downplayed recent attacks. Karzai tells Time that the Taliban are not regrouping: "Any internal danger is from terrorism and from al-Qaeda organizing from outside." Coalition spokesman Colonel Rodney Davis agrees: "The coalition has degraded what was a formidable force." True enough. But the Taliban have...

Author: /time Magazine | Title: Undefeated | 7/14/2003 | See Source »

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