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...sadly increasingly myopic (only in the ophthalmological sense) European, I had often asked myself how long it would be before the land of the free realized that having all its banknotes the same color and size was perhaps not the savviest concept. I know that change is not necessarily in the best interests of the inherently protective U.S. green-ink industry, but we all face sacrifices these days, especially when it comes to green issues. So, as you can imagine, a spring came into my step on this autumnal day when I read the news that your $5 bill will...

Author: /time Magazine | Title: Inbox | 10/18/2007 | See Source »

Like a lot of people, William Hill and Dick Wollack got caught up in the real estate frenzy. But you won't find them anywhere near a Las Vegas condo. Instead, their company, Premier Pacific Vineyards, has been snapping up land in prime wine-growing areas of California, Oregon and Washington since 2002. Hill and Wollack are developing vineyards that produce high-end grapes used in premium wines. The play? Bundle their vineyards into a real estate investment trust (REIT), and take it public...

Author: /time Magazine | Title: Fruit of the Vine | 10/18/2007 | See Source »

...years later for cost reasons, and then-Defense Secretary Dick Cheney, also citing cost, failed to kill it over objections from Congress - and the Marines. The V-22, built by Bell Helicopter and the Boeing Co., was deemed ideal for carrying troops because it can take off and land like a helicopter, then tilt its engines and rotors forward to fly like a turboprop airplane. After three fatal crashes, numerous delays and compromises that some inside the military believe endanger those on board, the 10 V-22s are finally based at al Asad air base in western Iraq (the Marines...

Author: /time Magazine | Title: Giving the Osprey More Firepower | 10/17/2007 | See Source »

...TIME that the most likely scenario now is Turkish air strikes against strongholds of the PKK in the Qandil mountains near the Iranian border, followed by mopping-up operations by special forces units from a base just inside the Iraq border, to be established after a "large-scale initial land offensive." He added that "as far as is possible, Turkish troops will not venture into heavily populated territory. This will be a surgical operation. Turkey's aim is not to invade Iraq...

Author: /time Magazine | Title: Bracing for a Turkish Strike in Iraq | 10/17/2007 | See Source »

...merely "safeguarding for the future," and that no challenged claim - as the British one is sure to be - can be acted on. But the claim points out the limits of the 1959 Antarctic Treaty, and a codicil adopted in 1991. It does an admirable job of protecting the land - banning nuclear material, declaring the Antarctic to be a "natural reserve, devoted to peace and science," and prohibiting any mining - but not the surrounding seas, which support a singular ecosystem ranging from krill to penguin, from seal to whale...

Author: /time Magazine | Title: The British Are Coming — to Antarctica | 10/17/2007 | See Source »

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