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Traveling at perhaps 20km a second, the giant mass of iron and nickel crosses western Australia in under a minute and dives into the atmosphere, its path traced by the hiss and crackle of electrophonic noise, echoed by thunderous sonic booms as the air slows it through the sound barrier. Around it an envelope of ionized gas produces an incandescent fireball, brilliant as the sun, hot enough to vaporize the metal until what's left - as massive as a battleship and some 50m across - drives itself at more than 20,000 km an hour into the desert floor...

Author: /time Magazine | Title: Cosmic Dreaming | 7/29/2004 | See Source »

...system) on the back windows. And there aren't many changes inside--two new gauges on the dash and a fun little display that shows when power transfers between the electric motor and the gasoline engine. A novel feature: a 110-volt socket up front--thanks to the supercharged nickel-metal-hydride battery pack tucked under the cargo area--into which, Ford rep Corey Holter says, I can plug "a laptop, a cell phone or a blender"--a cool feature for those margarita tailgate parties...

Author: /time Magazine | Title: Test Drive: Ford Escape: A Smooth Ride | 5/24/2004 | See Source »

...time high in April and foreign-currency reserves are the largest ever at $37 billion. The economy is growing at its fastest rate since 2000, fueled in part by China's soaring demand for commodities?the 17,000-island archipelago is rich in oil, natural gas, gold, copper, nickel, coal, palm oil and rubber. Global confidence in Indonesia's prospects has also improved somewhat. In March, the country successfully raised $1 billion in its first international sovereign-bond issue since the 1997 Asian crisis...

Author: /time Magazine | Title: Will Megawati Be Ousted? | 4/26/2004 | See Source »

...with help from the top, Chalabi got his share of the money. In October 2002, at a meeting of President Bush's top aides, according to a former senior National Security Council official familiar with the session, Vice President Dick Cheney pushed forcefully for the payout, saying, "We are nickel-and-diming the I.N.C. when they are providing critical intelligence" on Iraq's WMD. Oversight of Chalabi's information operation was shifted from the skeptics at State to the Pentagon, where his champions included Defense Secretary Donald Rumsfeld and Deputy Secretary Paul Wolfowitz...

Author: /time Magazine | Title: Chalabi's Fall From Grace | 4/26/2004 | See Source »

...book Nickel and Dimed, Barbara Ehrenreich went undercover to do a series of low-wage jobs on the theory that the best way to write about life at $6 an hour is to live it. If only Ehrenreich had pitched the idea to TLC. Instead, the network produced the more capitalist-friendly job-switch series Now Who's Boss? (Mondays, 10 p.m. E.T.), in which CEOs do drudge work at their own companies, critiqued by their employees. For Tisch, flipping omelets and checking in customers was not just educational but good advertising as well. "We're not as large...

Author: /time Magazine | Title: Television: Reality TV Goes To Work | 3/8/2004 | See Source »

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