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...also likely to put Europe on a path of rising inflation. The decline in European inflation over the past 20 years has been the result of the dominant leadership of Germany's fiercely anti-inflationary central bank. Other European countries had to follow Germany's low-inflation policy or accept the destabilizing consequences and political embarrassment of currency devaluations in relation to the deutsche mark. With a single European Central Bank, Germany can no longer be the standard setter for Europe. The end of that leadership in monetary policy, and the associated rise of political influence over monetary affairs...

Author: /time Magazine | Title: Finance: The Euro Risk | 1/25/1999 | See Source »

When, as part of a contest between white power brokers, Watson is blamed for the catastrophic free fall of an elevator she inspected, the path to exoneration seems to lie in a thorough decoding of Fulton's mystic writings, particularly those on the "black box," a gravity-defying superelevator that represents liberation and transcendence...

Author: /time Magazine | Title: Books: The Promise of Verticality | 1/25/1999 | See Source »

...pursuing over the past few months the informal and formal mechanisms laid out in the FAS "Guidelines for Resolution of Faculty Grievances," Professor Nesson and I have been following the path that it was suggested to Professor Nesson we take by former Secretary of the University Michael Roberts, Provost Harvey Fineberg, and Vice President and General Counsel Anne Taylor. Indeed, in a letter of Sept. 17, 1998, John Fox, Secretary of the Faculty of Arts and Sciences, writing on behalf of Dean Knowles, also directed me to the "Guidelines." Surely Dean Knowles will want to investigate promptly the identity...

Author: NO WRITER ATTRIBUTED | Title: Officials Misrepresent Facts In Berkowitz Tenure Fight | 1/13/1999 | See Source »

Osama bin Laden: Wadih el-Hage [an alleged Bin Laden associate who is being held in custody in New York City on charges stemming from the attacks on the embassies] was one of our brothers whom God was kind enough to steer to the path of relief work for Afghan refugees. I still remember him, though I have not seen him or heard from him for many years. He has nothing to do with the U.S. allegations. As for Mohamed Rashed al-'Owhali [another suspect in the bombings], we were informed that he is a Saudi from the province...

Author: /time Magazine | Title: Osama bin Laden: Conversation With Terror | 1/11/1999 | See Source »

When it comes to TV depictions of Mob life, we know we can count on the fact that men will get whacked, women will wear unflattering housecoats and someone at some point will say "prosciutt'." What we don't expect is to follow a wiseguy's path through psychotherapy. Debuting on Jan. 10, this wryly conceived weekly drama focuses on Anthony Soprano (James Gandolfini), a suburban dad and Mafioso whose general malaise and thorny mommy issues send him to the couch. While refraining from slapping the comedy on too thick, creator David Chase has made Soprano's inward search surprisingly...

Author: /time Magazine | Title: Television: The Sopranos | 1/11/1999 | See Source »

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