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...sparsely populated east. The project finally got the go-ahead from Iceland's Supreme Court in January, after four years of legal wrangling over the environmental impact assessment submitted by Landsvirkjun. Alcoa's Fjardaál smelting plant, for which ground was recently broken in Reydarfjördur, a port on the country's largest east-coast fjord, will be Landsvirkjun's principal electricity customer. Excess capacity generated by the Kárahnjúkar power plant will be passed on to the national grid. The whole enterprise, says Arnalds, is "not only to create jobs locally, but to create...

Author: /time Magazine | Title: The Price of Wealth | 8/8/2004 | See Source »

...imagine, but, despite all the great food, golden beaches and warm sunshine, even Greeks get the blues. And they have the music to match the mood: rembetika. A mix of Western and Eastern influences, rembetika first emerged from the bars and cafés of 1920s Piraeus, Athens' ancient port and onetime home to refugees from Turkey and other parts of Asia Minor. The style - with its gravel-voiced singers and the metallic twang of the bouzouki, a kind of Greek lute - became the sound of the urban underclass, with sharp, poignant lyrics about prison life, drugs and, during...

Author: /time Magazine | Title: Bouzouki Blues | 8/8/2004 | See Source »

...14th century, this tiny island won fame in the 1980s when its lovely pebbled beach, Halikiada, became a favorite haunt for nudists. Today even the most buttoned-down visitors get hooked on Agistri's idyllic, unspoiled beauty. The island is just a two-hour ferry ride from the port of Piraeus. A favorite place to stay is the Agistri Club Hotel, tel: (30-229) 709 1242. KOUFONISSIA Miss the boat and you may have to spend another couple of days in paradise. Small, rugged and surrounded by sea-lashed rocks, Ano and Kato Koufonissia are part of the Cyclades...

Author: /time Magazine | Title: Pieces of Paradise | 8/8/2004 | See Source »

...attacks in its 567-page report, the "United States became a nation transformed." From the shipyards of Seattle to the conventioneer-stuffed ballrooms of Boston, the scramble to prepare for the possibility of another attack offered a panorama last week of the country's metamorphosis. Police divers in the Port of Seattle combed the hulls of cruise ships for explosive devices. The Secret Service ordered that all food deliveries to Boston's Fleet Center, site of the Democratic National Convention, be tested for radioactive material. In Hennepin County, Minn., 2,500 government employees did a simulated evacuation of their...

Author: /time Magazine | Title: Halting the Next 9/11 | 8/2/2004 | See Source »

...recognize that counterfeit trafficking is part of a broader, organized-crime problem. In June, U.S. immigration and customs-enforcement agents busted 17 people for smuggling tens of millions of dollars' worth of bogus Louis Vuitton, Prada, Coach, Chanel, Christian Dior and Fendi merchandise in thirty 40-ft. containers through Port Elizabeth, N.J. According to the customs officials, 15 of the defendants are Chinese nationals who are part of two separate crime networks that use shell companies to import counterfeit luxury goods from China and distribute them through storefronts on Canal Street. Each organization paid undercover agents $50,000 a container...

Author: /time Magazine | Title: The Purse-Party Blues | 8/2/2004 | See Source »

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