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...business venture, the expansion into Continental Europe by British retailer Marks & Spencer, which accelerated in the mid-1990s, was an expensive failure. In 2001, the company shut down or sold its stores in Belgium, France and Germany after incurring losses of $186 million. But the ultimate cost, it now turns out, is likely to be far, far higher - not for the firm itself, but for the British Treasury and governments across the European Union. The reason: Marks & Spencer is on the verge of setting a precedent in European tax law, one that directly challenges national tax policies in many...

Author: /time Magazine | Title: Taking The Taxman To Court | 4/10/2005 | See Source »

...magnificent birds, with their eight-foot wingspan, striking white heads and piercing yellow eyes, are recognized worldwide as an American national emblem. But in the mid-1990s they were nearly wiped out in the lower 48 American states by chemical pesticides like DDT. While many U.S. populations have recovered, the majority of the world's 100,000 bald eagles still live in Alaska and B.C., says Canadian biologist Richard Cannings. And while the B.C. eagle population is thriving, large-scale poaching in the province threatens American bird populations, because eagles from throughout the western U.S. migrate to B.C. each winter...

Author: /time Magazine | Title: Where Eagles Die | 4/3/2005 | See Source »

...they blasted the concrete bunker in which he was hiding, killing him in the process. That final gesture of defiance has transformed Maskhadov's reputation. For years, many former comrades disdained him as a weak political leader who, after a victorious war of secession against Russia in the mid-1990s, allowed thugs and religious fanatics to take over Chechnya. Radical guerrillas scorned him for his desire to negotiate with the Russians. Many ordinary Chechens reviled him as the cause of their misery. Now, Maskhadov has become a martyr for Islam and his beleaguered nation, and his death could lead...

Author: /time Magazine | Title: Making a Martyr | 3/13/2005 | See Source »

When the gurus at venerable staplermaker Swingline woke up to a sharp business reality in 2001--market share had declined from 65% in the mid-1990s to 60% by the end of the decade--they opted for a measured and scientific response: research. For three years, they plumbed the psyches of stapler users, surveying 2,867 people online and sending four-person teams into the offices of 54 individually selected companies to see how their products were used. "We noticed the nuances of their stapling habits. We saw where they kept their staples and their removers," said Jacklyn Gyoerkoe, marketing...

Author: /time Magazine | Title: The Stapler Wars | 3/6/2005 | See Source »

...What she knows and hasn't said is that the PIJ is controlled by Iran. While it's important, essential, to get the Syrians to shut down the PIJ office in Damascus, it's also important to be clear about what the source of the problem is. From the mid-1990s, Iran has been determined to use PIJ terrorist operation to disrupt the Israeli-Palestinian peace process, and there is a very clear of pattern of PIJ activities during the intifada. Whenever [the region] calmed down, it was the PIJ that launched terrorist attacks, because the Iranians have a very...

Author: /time Magazine | Title: Interview: Martin Indyk | 3/3/2005 | See Source »

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