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...Archbishop of Canterbury, said he hoped the campaign would not become "a competition about who can most effectively frighten voters." But Howard's appeals to popular anger are designed to capitalize on Labour's most acute vulnerability: low turnout. The British Elections Study ( BES), a highly respected academic probe of voter behavior, has just completed face-to-face interviews with some 3,000 people. Using the same methodology that correctly predicted the 2001 turnout at 59%, it's pegging a drop to 53% this time as disaffected Labour voters stay home - while droves of motivated Tories follow Howard...

Author: /time Magazine | Title: Whistling In the Dark? | 4/3/2005 | See Source »

...exactly. The panel clears Annan of any role in securing contracts for Cotecna. But it also spotlights his lax oversight of the corrupt program and makes a strong "adverse finding" that faults him for failing to investigate his son's dealings thoroughly. Annan asked for an in-house probe, which dismissed the issues within a day. An independent inquiry, the report said, would have made it unlikely that Cotecna's contract would have been renewed through...

Author: /time Magazine | Title: The Volcker Report: Fooled for Oil | 4/3/2005 | See Source »

...improve people's lives. "Laos has a track record of poorly-managed projects that create more poverty than they solve," says Aviva Imhof, campaign director of International Rivers Network, which is based in Berkeley, California. Imhof has tracked the project for a decade and, together with the Canada-based Probe International, led a global campaign to have it halted. "Laos is repeatedly being rewarded for its failure," says Probe's policy director Grainne Ryder...

Author: /time Magazine | Title: Options Under Water | 3/28/2005 | See Source »

...Bank of Italy governor Antonio Fazio on the defensive. The attraction for foreigners: Italy's banking sector is highly fragmented and not very competitive, according to Credit Suisse First Boston, meaning that greater efficiencies - and profits - can be wrung out of them. Lucky Break? Frankfurt prosecutors called off a probe into six Citigroup traders accused of manipulating the European government bond market last August, although a change to Germany's law made since could now make such trades illegal. Financial watchdogs elsewhere in Europe are still investigating...

Author: /time Magazine | Title: Bizwatch | 3/27/2005 | See Source »

KORUSEC finds itself in the spotlight just as tax-exempt groups are coming under new scrutiny. The Senate Finance Committee last week opened a probe into the charities set up by lobbyist Jack Abramoff, who is already under investigation on separate matters by another committee and the Justice Department. One issue is whether Abramoff improperly used nonprofits to pay for overseas trips to places other than South Korea for DeLay and House Administration Committee chairman Robert...

Author: /time Magazine | Title: Charity, D.C. Style | 3/20/2005 | See Source »

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