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...June 28, Jacqui Smith, 44, Britain's freshly appointed Home Secretary, and the first woman ever to hold the post, arrived at her new quarters to find three battered red ministerial boxes on her desk. Their contents - essential reading to help her master her complex new brief - kept her busy until late in the evening. Then she returned to her London home and went to bed - to be woken a few hours later by the news that there had been an attempted car-bomb attack in the capital. Less than 12 hours after she'd taken office, Britain was facing...

Author: /time Magazine | Title: Calm at the Center | 7/5/2007 | See Source »

...Bonds deserves a little respect. Steroids or not, he may be the best pure hitter in baseball history. "Does Bonds carry the freight for all the sins of his generation?" asks noted baseball historian--and current Boston Red Sox adviser--Bill James. No, he says, "he can't ... Bonds is our home-run champion. We should respect and honor him, just like we did Henry Aaron...

Author: /time Magazine | Title: Should You Root for Barry Bonds? | 7/5/2007 | See Source »

...entry-level jobs. More than half of Generation Y's new graduates move back to their parents' homes after collecting their degrees, and that cushion of support gives them the time to pick the job they really want. Taking time off to travel used to be a résumé red flag; today it's a learning experience. And entrepreneurship now functions as a safety net for this generation. They grew up on the Internet, and they know how to launch a viable online business. Facebook, for example, began in a college dorm room...

Author: /time Magazine | Title: What Gen Y Really Wants | 7/5/2007 | See Source »

...some ways symbolic of the resurgent German economy. For more than a decade, exorbitant labor costs, unbending union rules and an addiction to red tape--not to mention the high price of unification with East Germany--put Germany into an economic straitjacket. BMW went through its own rough patch in the 1990s after the disastrous acquisition of Britain's Rover Group, but its fortunes have changed markedly since it ditched Rover in 2000. Production has increased steadily, and profits are buoyant. Pretax earnings last year rose 25%, to $5.5 billion, despite the soaring cost of raw materials and the strong...

Author: /time Magazine | Title: BMW Drives Germany | 7/5/2007 | See Source »

Pakistan's very future seems to be on the line at Lal Masjid (the Red Mosque), in the capital city of Islamabad. For months students and teachers at the mosque's madrasahs, or seminaries, have been taking the law into their own hands, launching vigilante raids on video and music shops for promoting "un-Islamic behavior." Twice they abducted women--including six Chinese masseuses--for alleged prostitution...

Author: /time Magazine | Title: Postcard From Islamabad | 7/5/2007 | See Source »

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