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...further complicate matters, new companies are looking to muscle their way onto the tracks. Italian start-up Nuovo Trasporto Viaggiatori (NTV) is set to launch Europe's first privately operated high-speed service in Italy in 2011, in competition with Italy's former rail monopoly Trenitalia. Headed by Fiat and Ferrari CEO Luca Cordero di Montezemolo, NTV plans to establish a broad network of high-speed Italian services that dovetail with French routes run by SNCF, which owns...

Author: /time Magazine | Title: European Train Travel: Working on the Railroad | 5/28/2009 | See Source »

...Nokia will launch its app store, Ovi, this week. According to Reuters, the store "will appeal globally to some 50 million phone users." That customer base dwarfs the number of iPhones. (See the top ten applications...

Author: /time Magazine | Title: Nokia's Application Store Faces Apple Dominance | 5/26/2009 | See Source »

...border - something Beijing has never given any indication that it's prepared to do. The idea that Kim Jong Il's regime even cares if the nation's isolation "deepens" is dubious at best. As for the U.N., it met in emergency session just after the long-range missile launch in April and gently tightened sanctions that were already having no demonstrable effect on North Korea's behavior on key security issues. Will another "emergency session" really produce painful sanctions that could conceivably make a difference? That, after all, is presumably what Tokyo has in mind when it talks about...

Author: /time Magazine | Title: North Korean Nuke Test: What Good Is Diplomacy? | 5/25/2009 | See Source »

...Bush eventually overhauled his approach to the North entirely, and even after the launch of the long-range missile early last month, the Obama Administration was still dangling the possibility of eventual direct talks with the North - if Kim would first return to the multilateral six-party format in Beijing. On Korea, Obama heads the most openly dovish Administration in Washington since Jimmy Carter's. Yet the North's rhetoric since he was inaugurated has been vitriolic. It says it believes the U.S.'s "hostile policy toward the DPRK remains unchanged." (Read "North Korea Launch Poses Problem for Obama...

Author: /time Magazine | Title: North Korean Nuke Test: What Good Is Diplomacy? | 5/25/2009 | See Source »

...this febrile environment, the military is said to have stepped up its influence in Pyongyang. A group of North Korean exiles today circulated a report saying that after the missile launch last month, Kim visited a group of generals and assured them that by 2012 the North will achieve the status of a "nuclear state," one with the ability to fit a warhead on a long-range missile...

Author: /time Magazine | Title: North Korean Nuke Test: What Good Is Diplomacy? | 5/25/2009 | See Source »

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