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This surreal failure to face reality is not confined to Kathmandu's socialites. By common consent, Nepal's politicians have been misgoverning the country since 1989: they've squabbled over who should be Prime Minister (there have been 13 in 13 years) and have failed dismally to tackle the aching...

Author: /time Magazine | Title: Living On the Brink | 9/8/2003 | See Source »

As a perceptive commentary by Camp David veterans Robert Malley and Hussein Agha notes, none of the key participants - Ariel Sharon, Yasser Arafat and Mahmoud Abbas - saw the "roadmap" as a path to a solution; they saw it instead as a tactical challenge, brought on by diplomatic pressures, in their...

Author: /time Magazine | Title: The Only Way to Mideast Peace | 8/28/2003 | See Source »

Glickman isn't the only executive who will reap a windfall thanks to the Bush cut, which lowered the tax rate on dividends to 15% from a top marginal rate of 38.6%. Since May more than 200 firms have raised their payouts to shareholders, and--in a time of scrutiny...

Author: /time Magazine | Title: They're Getting Richer! | 8/18/2003 | See Source »

The economy is slowly recovering, making stock dividends more secure. And companies from Microsoft to Tiffany are initiating or boosting dividends to take advantage of new laws that apply the same tax rate to income from dividends and capital gains--just 15%, down from the previous top marginal rate of...

Author: /time Magazine | Title: Investing: Juicy Yields | 7/28/2003 | See Source »

German Chancellor Gerhard Schröder isn't the only one seeing his summer vacation plans implode. Arts enthusiasts from around the world arrived in France last week for the annual summer festival season, but were treated to an unwelcome drama, as half a dozen marquee events were canceled - including...

Author: /time Magazine | Title: Summer Held Hostage | 7/13/2003 | See Source »

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