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...coalitions contesting Sunday's election have at least some semblance of sectarian diversity. Even the most homogeneous of the big blocs pretend to be more diverse than they really are. For example, the Shi'ite Islamist bloc, the Iraqi National Alliance, which critics suspect would like to spin off oil-rich Shi'ite southern Iraq into an autonomous region, includes one Sunni party from Anbar province. When asked, many average Iraqis say sectarian violence was something forced on them by outsiders, a bad dream from which they've now awoken. (See pictures of Iraq's revival...

Author: /time Magazine | Title: Sectarian Tensions Remain as Iraq Prepares to Vote | 3/5/2010 | See Source »

Until recently, however, marine scientists dismissed the idea of rogue waves as little more than a sailors' fantasy, with reason - there was little evidence to back it up. But in 1995, an oil rig in the North Sea recorded an 84-ft.-high (25.6 m) wave that appeared out of nowhere, and in 2000, a British oceanographic vessel recorded a 95-ft.-high (29 m) wave off the coast of Scotland. In 2004, scientists from the European Space Agency (ESA), as part of the MaxWave project, used satellite data to show that freak waves higher than 10 stories were rare...

Author: /time Magazine | Title: Cruise-Ship Disaster: How Do 'Rogue Waves' Work? | 3/4/2010 | See Source »

...health and safety. One report by a nongovernmental organization said that Iran's power industry is close to ruin because of $5 billion in unpaid government debts. A spokesman for the electricity industry syndicate claimed that up to 900,000 workers wholly reliant on Iran's energy and oil ministries were on the brink of unemployment and that numerous companies had already gone bankrupt. (See the top 10 symbols of protest...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

...claimed that current growth stood at 6.9%. Significantly, the newspaper World of Industry, not a government organ but one that caters to economists and technocrats, pointed out that the following day, Ahmadinejad's figure corresponded with one from two years ago, when Iran was enjoying a period of record oil prices...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

Five years ago, Ahmadinejad was elected as a problem solver, an engineer who would clear away old obstacles to a functioning and just economy. An initial flood of oil-fueled liquidity and openhanded lending at the beginning of the Ahmadinejad era has given way to a stagnant property market and tight limits on bank lending in an effort to rein in prices. Ahmadinejad also dissolved economic-planning organizations and dismissed officials with economic expertise. Managers in Iran's near paralyzed manufacturing sector now face the immediate problem of how to fill the gaps in their end-of-year accounts under...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

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