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This gathering of the living and the dead and the vows of vengeance have become a weekly ritual for Iranian families since the conflict with neighboring Iraq began to reap its harvest of victims, estimated at between 100,000 and 200,000. The graves at Behesht-e Zahra are tightly packed, sometimes no more than 6 in. apart, and they are advancing rapidly in tree-lined squares toward the perimeter of the 1.5-sq.-mi. cemetery. Aluminum-and-glass display cases contain photographs of the dead, many of them teenagers, along with family heirlooms. Most also bear a picture...

Author: /time Magazine | Title: Iran: War and Hardship in a Stern Land | 6/21/2005 | See Source »

...fastest-growing investment vehicle for individuals is the mutual fund, which pools clients' money into huge stock portfolios. By buying shares in a fund, an individual can leave the stock picking to experts and still have a chance to reap big profits. October sales of mutual funds that invest primarily in U.S. stocks were $2 billion, up 50% from the same month a year...

Author: /time Magazine | Title: Bubbly Times for Bulls | 6/21/2005 | See Source »

...judges and soft-hearted juries for twisting legal concepts of negligence into novel shapes to justify excessive damage awards to people who claim personal injury (a tort in legal parlance). Avaricious lawyers, they argue, seek outrageously high damages for clients who have flimsy cases, so that the lawyers can reap huge contingency fees (if the case fails the plaintiff's attorney earns nothing, but if it succeeds he commonly takes one-third and, on occasion, as much as 50% of the award). Says Edward Levy, general manager of the Association of California Insurance Companies: "Lawyers are out to make...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

...DIED. MAXIM MICHALIK, 2, Canadian-born schoolboy; after being shot during an eight-hour siege of an international school; in Siem Reap, Cambodia. Chea Sokhom, 23, a former driver for a South Korean restaurant owner, and three accomplices entered the school and took about 30 schoolchildren and teachers hostage. Cambodian police delivered $30,000 in ransom and a van per the four's demands, but they were overpowered by police and arrested before they could drive away. Police reported that Sokhom wanted to take revenge on his former employer, who he said had slapped him, by kidnapping...

Author: /time Magazine | Title: Milestones | 6/20/2005 | See Source »

...attracted $8.4 billion in "present or planned" new investment. "We have a renaissance here," says Bruce Berman, spokesman for Boston's Save the Harbor/Save the Bay, the group that spearheaded the waterfront revitalization. "It has transformed the city and put us in a very competitive position." Hong Kong could reap similar rewards. A Designing Hong Kong Harbour study predicts that a vibrant Victoria Harbour with restaurants, cultural venues and marinas would create an estimated 50,000 jobs...

Author: /time Magazine | Title: How to Lose a Harbor | 4/25/2005 | See Source »

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