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...ship at sea. That all changed when an Iranian-supplied C802 missile slammed into the deck and killed four soldiers. "This was a huge intelligence failure," says a senior intelligence official of the C802, which is around 20 feet long, difficult to conceal,and requires time to launch...

Author: /time Magazine | Title: Behind Hizballah's War Machine | 7/20/2006 | See Source »

...shorter range rocket fire and prevent worse-case scenarios such as a long-range missile strike on Tel Aviv. Planes and drones buzz above Lebanon all hours of the day and night, trying to destroy as many rockets and launchers as possible, or at the very least keep launch teams far from the border. Roads, bridges, and gas stations have been bombed to limit mobility. Southern towns such as Tyre and Sidon are being pounded, their populations forced to either flee or risk death. Suspect vehicles, particularly trucks, are being attacked. On Monday, the IAF destroyed two trailers full...

Author: /time Magazine | Title: Behind Hizballah's War Machine | 7/20/2006 | See Source »

...battles are a possible indication of just how difficult and costly ground fighting would be. There are now whispers in the intelligence and political communities that Israel may not be able to rely solely on the military option, that it may indeed have to heed the international community and launch a diplomatic front in this campaign. But at this point, what Israel will do next is as unclear as just how far Hizballah's threat reaches...

Author: /time Magazine | Title: Behind Hizballah's War Machine | 7/20/2006 | See Source »

...Back! Gentlemen, start your windmills Rock-opera fans, rejoice: in September, the Who will launch its first world tour in more than 20 years. (Tickets go on sale this week.) In October, the legends release their first album--tentatively titled Who 2--since...

Author: /time Magazine | Title: Talking Points: Jul. 24, 2006 | 7/18/2006 | See Source »

...Washington-based trade group, the Silver Institute, believes that Barclays' launch of a new ETF called SLV played a key role in a recent run-up on that shiny metal. "Prior to the offering, Barclays placed 1.5 million ounces of silver with a custodian," reported the organization's Silver News update. "Anticipation of the ETF and other factors pushed silver to a 23-year high in mid-April." Morningstar analyst Sonya Morris explains that the silver market is "tighter" than other commodities and that "there was real concern Barclays' buying some huge stash to support their ETF was going...

Author: /time Magazine | Title: Global Investing: Market Movers | 7/16/2006 | See Source »

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