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...authorities began questioning a man they suspected of sending the e-mail from a cybercaf?, but political analysts are unsure whether he is suspected of being a member of a terrorist group or is just a prankster. As for Hasina, she questions the government's capacity to conduct a proper inquiry and is asking for an international probe into the bomb blasts. While they grope for clues, security experts agree that the attack, with its use of hand grenades instead of crude, homemade bombs, shows how brazen Bangladesh's terrorists have become. "A new threshold has been crossed," says former...

Author: /time Magazine | Title: A Democracy is Shaken | 8/30/2004 | See Source »

...first step on Bangladesh's road to recovery, says Hossain, is for the government to make public the records of all previous investigations into acts of terrorism and to ensure that the assassination attempt on Hasina is thoroughly probed. "If the government fails to hold a proper inquiry and take proper action, it should make way for a new [government]," says Hossain. But there is widespread consensus that the opposition must also do its part to heal the country's poisoned political culture. "The bitter fighting between the two parties has allowed the fundamentalists to grow in strength," says editor...

Author: /time Magazine | Title: A Democracy is Shaken | 8/30/2004 | See Source »

...rans on stages their nation once dominated, Athens 2004 felt like a poignant salute to a fading power. And for the Americans, these Olympics rarely escaped the shadow of Iraq. The much-feared terrorist attack thankfully didn't come, but American spectators couldn't stop wringing their hands over proper comportment in a world grown hostile toward the lone superpower. (Were they cheering too much? Too little? Should they leave the God Bless The USA fanny pack at the hotel?) It didn't help that a presumed ally, the Iraqi soccer team, swatted away suggestions that its surprising...

Author: /time Magazine | Title: Up, Up and Away | 8/29/2004 | See Source »

...these transactions. The question is: Did the banks demand the unusually aggressive deals because they knew how perilous the company's financial situation was? And if so, could those deals be construed as contributing to Parmalat's downfall? The banks' answer is, emphatically, no. They say the deals were proper, and that Parmalat's dire reality was hidden from them. But Enrico Bondi, the Italian turnaround expert who in December was appointed Parmalat's bankruptcy commissioner, alleges that the answer is yes - and this month he filed suit in Parma's court against the two banks, claiming that both transactions...

Author: /time Magazine | Title: First, Blame the Banks | 8/15/2004 | See Source »

...nation, amateur anatomists measure youths' bones to predict their future heights, and the tallest are reserved for provincial volleyball, basketball or handball squads. "Just name the sport," says Xu Guangshu, former principal of the Shichahai Sports School in Beijing, another Olympic cradle. "If you give us enough money for proper training, we can create Olympic stars. We have so many children to choose from...

Author: /time Magazine | Title: The Price of Gold | 8/9/2004 | See Source »

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