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This new Web browser, with its unprecedented ability to bring multimedia and interactivity to the Web, will prompt a "new generation" of Web pages--especially if Sun ever gets around to developing a Windows 95 version...

Author: By Eugene Koh, | Title: ON TECHNOLOGY | 4/5/1995 | See Source »

...presidential palace, which she ended when National Security Adviser Anthony Lake agreed to look into the matter. On January 25, the CIA provided the State Department with what White House spokesman Mike McCurry now calls "new information"--information about Alpirez that was at the very least potent enough to prompt the CIA to begin an internal investigation. (The CIA station chief in Guatemala was recalled to Washington around the time the inquiry began.) Concurrently, Harbury was told that the U.S. was "doing everything we could to encourage the Guatemalan military authorities to investigate," according to McCurry. According to the Washington...

Author: /time Magazine | Title: THE END OF THE VIGIL | 4/3/1995 | See Source »

...absurd to keep the same retirement age as when life expectancy was 10 to 15 years lower," says economist Friedman--still active as a senior research fellow at Stanford's Hoover Institution at the age of 82. It is also very expensive to prompt people to retire at what now seems to be an early age and collect pensions rather than pay taxes that might finance others' pensions for a vital five years or so. The counterargument, voiced by International United Mine Workers of America president Richard Trumka, among others, is that many blue-collar jobs are too physically demanding...

Author: /time Magazine | Title: SOCIAL INSECURITY | 3/20/1995 | See Source »

...economy was already rebounding after a 30-month recession. Using the account No. 88888 also had a special advantage, one that Leeson had probably learned about in his old back-office job in London when he made sure cash flowed into the right accounts. Both Osaka and Singapore demand prompt margin payments on contracts-that is, the difference between what the contracts were sold for and their value at the close of each trading session. Since the account was technically Barings' property, it appears that the company automatically made some of the payments. "It was a free bet," says...

Author: /time Magazine | Title: Nicholas Leeson: GOING FOR BROKE | 3/13/1995 | See Source »

Technology's new challenge, ideally at least, is to re-empower voters and revitalize democracy through more direct popular representation. Pitfalls do abound. The same technology able to identify and link citizens and political institutions will also necessarily facilitate nationwide identification systems and increased governmental surveillance. This will undoubtedly prompt a second neo-Orwellian howl to accompany an elitist shudder over entrusting the people -- the booboisie as a 21st century cybermob. But overall, the favorable balance that should result is compelling...

Author: /time Magazine | Title: VIRTUAL WASHINGTON | 3/1/1995 | See Source »

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