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...York, Pyongyang made a rare apology. In a Korean-language broadcast to the world, the North expressed its "deep regret" for the submarine incident, promised to keep such things from happening again and sweetly offered to "work with others for durable peace and stability on the Korean peninsula." The North Koreans also dropped their demand for the sub in return for the remains of their dead. A day later the North agreed to sit down with the U.S. and South Korea to talk about starting four-power (North, South, U.S. and China) negotiations on a formal peace settlement...

Author: /time Magazine | Title: SORRY FOR THE INTRUSION | 10/20/2005 | See Source »

...rhetoric seems strident, it's only because the situation in St. Bernard Parish is so desperate. Unlike in New Orleans, which is turning on the lights and water spigots, the 67,000 people who live on the peninsula to the east--mostly white and middle-class homeowners--have nothing at all to go back to. Katrina's tidal surge, with waves of up to 25 ft., was so strong, it moved houses--their concrete foundations still attached--down streets. The parish president, who lost his home like everyone else did, figures there is just one habitable house left...

Author: /time Magazine | Title: The Rebuilding: Starting from Scratch | 10/9/2005 | See Source »

...even dream" that it would dismantle its nuclear programs before receiving a new plant. But for the first time since the U.S. accused North Korea of breaking a 1994 accord freezing its nuclear weapons program three years ago, there is some hope that the standoff on the Korean peninsula can be resolved. "We have an agreement," Hill told reporters later that day. "It wasn't easy, but I think important things don't come easily, and I think it's a very important agreement...

Author: /time Magazine | Title: How to Keep Talking | 9/26/2005 | See Source »

...easily found), and the well-preserved 12th century Norman castle, above, is a must-see. But it's the downward views that truly give the hillside hamlet an otherworldly aura. Look south and you'll see Sicily's rugged interior; up north there's the San Vito lo Capo peninsula; to the east, there's the road to Palermo; and to the west, the Trapani coastline and the Egadi islands beyond. And if your binoculars are strong enough, you may even spot your favorite America's Cup team slicing through the Med's blue waters...

Author: /time Magazine | Title: A Race With A View | 9/25/2005 | See Source »

Amparo Moraleda IBM'S EUROSTAR IBM couldn't keep Moraleda, 41, holed up in the Iberian Peninsula. After she led IBM Spain to 7% revenue growth last year, handily outpacing her counterparts in the rest of Western Europe, the company added Israel, Greece and Turkey to her portfolio. (She already had Portugal.) Moraleda was managing a small Spanish IBM subsidiary when ex-chairman Louis Gerstner picked her as his top assistant for international operations. Her ascent has turned the mother of two into a role model in Spain, where women still struggle for acceptance in the boardroom. --By Jane Walker/Madrid...

Author: /time Magazine | Title: People to Watch in International Business | 9/18/2005 | See Source »

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