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...Indonesia has a new geological concern: a string of volcanoes threatening to erupt. Tens of thousands of residents living near Mount Talang on the island of Sumatra fled their homes after the mountain began spewing hot ash last Tuesday. Two days later, Mount Tangkuban Parahu, a 2,084-m peak only 16 km from Bandung, the country's third-largest city, grumbled to life, bringing to 11 the number of Indonesian volcanoes now being monitored for possible eruption...

Author: /time Magazine | Title: Shaken in Indonesia | 4/18/2005 | See Source »

French President Jacques Chirac sent TV ratings soaring last week during his appearance championing the yes vote for France's May 29 referendum on the European Union constitution. But he won few accolades for his performance. A peak audience of over 9 million prime-time viewers watched Chirac field questions from a carefully selected group of around 80 young people - an educational chat aimed at explaining the constitution and reversing the trend toward no. Chirac stressed that the constitution will protect Europe from "the ultraliberal current" of globalization rather than succumb to it as the no forces contend. He warned...

Author: /time Magazine | Title: Prime-Time Politics | 4/17/2005 | See Source »

...past two years, they could always lie abed wondering about a sudden crash of the dollar that might lead to international economic chaos. That grim scenario came a bit closer to reality last week as the U.S. currency skidded to its lowest level in a year. From a peak reached in late February, the value of the dollar has declined an average of 14% against major currencies and 24% against the British pound...

Author: /time Magazine | Title: A Delicate Dollar Balance | 4/12/2005 | See Source »

Once again South Africa was gripped by painful and potentially dangerous spasms of repression-unrest-repression, a cycle that has periodically haunted the country since the early '60s. With each peak of confrontation the state of affairs has worsened, while the essential issues have remained as unresolved as ever. Not since 1960, when 69 black protesters were killed by police at Sharpeville, had the government been forced to impose a state of emergency, a fact that caused concern not only in Pretoria, South Africa's capital, but in nations around the world...

Author: /time Magazine | Title: Black Rage, White Fist | 4/12/2005 | See Source »

OPEC's troubles and the world oil glut are especially hitting Saudi Arabia, the organization's biggest and richest producer. Saudi output has dropped from a peak of 10.3 million bbl. per day in 1981 to 2 million bbl. per day in June, its lowest level in 20 years. Britain, a relative newcomer to the ranks of big-time producers with its North Sea fields, is pumping more oil than Saudi Arabia...

Author: /time Magazine | Title: Twinkle, Twinkle, Fading Star | 4/12/2005 | See Source »

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