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...grew at a 0.7% rate in the second quarter, the weakest in eight years. Yet beyond Argentina lurk at least three more insults that could make things worse. In the Middle East, OPEC is flexing its muscles again. Last week it vowed to cut oil production 4% to prop prices. In Europe, the single-currency system called the euro may be fighting for its survival if stagflation continues to cripple the region. And in Asia, Japan's new Prime Minister is struggling to carrying out his ambitious reform to revive economic growth. Failure will deepen Japan's coma and take...

Author: /time Magazine | Title: Recovery At Risk | 8/1/2001 | See Source »

...pretending to prop up Pisa's leaning tower b) the Washington Monument never lets her do this in public c) she thought, "To my daughter Jenna, this tower isn't leaning...

Author: /time Magazine | Title: News Quiz Jul. 30, 2001 | 7/30/2001 | See Source »

...said the Commerce Department, pleasantly surprising forecasters who expected a small drop. It's a volatile measure (just look at April's precipitous 5.5 percent fall) but it offers some hope for the depressed manufacturing sector as well as a sign that those rate cuts may be helping prop up consumer borrowing on finance-heavy items like cars...

Author: /time Magazine | Title: Will Greenspan Show a Little Optimism? | 6/26/2001 | See Source »

...Fitness for much of the past decade. Wachner and a group of investors bought Warnaco's Speedo swimwear division in 1990 and took it public two years later as Authentic Fitness, only to bring it back to the corporate fold in 1999--a bit of financial gymnastics that helped prop up Wachner's bank account but ultimately loaded Warnaco's balance sheet with an extra $600 million in debt...

Author: /time Magazine | Title: Linda Wachner: Washed Up At Warnaco? | 6/25/2001 | See Source »

...black man convicted of rape and murder in Owensboro, Ky. - but to the 20,000 mostly white Owensboro citizens who filled the streets, a "Roman holiday" that repulsed readers nationwide. The Bureau of Prisons knows this lesson well, having barred demonstrators from carrying frying pans or any other prop that might too gauchely convey that they are happy a killer is about...

Author: /time Magazine | Title: The Season Finale of "McVeigh" | 6/9/2001 | See Source »

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