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...Europe, so it's easy to move dirty cash through them. Try Eastern Europe. Try the Balkans. Try Africa. Try the Middle East and the gulf states. With 388 million of those €500 notes floating around, it's not by accident that they make up just over one-third of the total value of all euro notes. The ecb issues them in response to demand - businesses find high-denomination euro notes convenient. Sadly, so do thieves. The ecb argues that several E.U. countries had high-denomination banknotes before the euro arrived. Indeed they did. Not coincidentally, those countries (Belgium...

Author: /time Magazine | Title: The Criminal's Currency of Choice | 7/23/2006 | See Source »

...security on the agenda of the G-8. It's a crucial issue for all of us." Not every nation that looks at the new Russia does so drenched with suspicion. Germans still feel grateful to Russia for not trying to derail unification. The country depends on Moscow for one-third of its gas, and the proportion is rising. German banks and companies are a major source of foreign investment in Russia, Ukraine and Eastern Europe, where turmoil could be costly and disruptive. Not surprisingly, "we have a realistic partnership with Russia, with good cooperation on economic matters," says Ruprecht...

Author: /time Magazine | Title: Russia's New World Order | 7/2/2006 | See Source »

...charged with membership in terrorist organizations, affiliation with terrorist leadership and other violations. Israeli Interior Minister Ronnie Bar-On tells TIME that the arrests had been planned for weeks and that the ministers would not be used as bargaining tools to win Shalit's release. But with one-third of the Hamas-led Cabinet in jail and much of the rest of it hiding from the threat of assassination by Israeli air strikes, the moves effectively rendered the Hamas government impotent--a reality Palestinian Prime Minister Ismail Haniya acknowledged in a public appearance in Gaza City last Friday. "They...

Author: /time Magazine | Title: Search and Destroy in Gaza | 7/2/2006 | See Source »

...Well, I had a stupid income for what I do." ANGELINA JOLIE, actress, on why she gives one-third of her earnings to charity

Author: /time Magazine | Title: Verbatim | 6/26/2006 | See Source »

Americans are more socially isolated today than we were barely two decades ago. The latest evidence of that comes from a topflight team of sociologists who, after comparing national surveys in 1985 and 2004, report a one-third drop in the number of people with whom the average American can discuss "important matters...

Author: /time Magazine | Title: You Gotta Have Friends | 6/25/2006 | See Source »

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