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...boat, on a training voyage with students from Uwajima Fisheries High School in southwest Japan. "I saw something come up, and I thought it was a whale," crew member Hideo Okayama said. "All I heard was someone screaming, 'Danger! Danger!'" For the next few minutes, the Americans?unable to render assistance because of 2-m waves washing over the sub's deck 15 km south of Hawaii's Diamond Head?watched helplessly as Okayama and 25 shipmates, coated in diesel fuel, struggled into a trio of lifeboats. Nine other people are believed to have died...

Author: /time Magazine | Title: Driving Blind | 2/26/2001 | See Source »

...Then a miracle happened. Italy's efforts to join the euro led to a steep drop in interest rates. By April 1998 the market average for new loans had fallen below 8.3%. Tomaso, a lawyer, noticed that this appeared to render his Banca di Roma loan illegal under a 1996 anti-usury act. The law prohibits creditors from charging more than one-and-a-half times current rates. Tomaso went to the bank and asked to renegotiate; he first was turned down, and then the bank offered a deal with a hefty refinancing fee. But the Longos kept pushing...

Author: /time Magazine | Title: Debtors' Revenge | 2/26/2001 | See Source »

...remarkable ability to inhabit imaginatively other places and times, to render the feel of manufacturing ink sticks in the 1920s or running from the invading Japanese in the 1930s, LuLing's closing words are, the author says, a close transcription of something her own mother, late in life, said to her. "That's exactly what a child wants to hear," Tan says, "and what I as an adult needed to hear from my mother...

Author: /time Magazine | Title: Books: The Joys And Sorrows Of Amy Tan | 2/19/2001 | See Source »

...deep silence that makes African leaders and societies want to deny the problem, the corruption and incompetence that render them helpless is something the West cannot fix. But the fact that they are poor is not. The wealthy world must help with its zeal and its cash if southern Africa is ever to be freed of the AIDS plague...

Author: /time Magazine | Title: Death Stalks A Continent | 2/12/2001 | See Source »

...warned that poverty begets poor health conditions, which in turn render economic growth much more difficult in underdeveloped countries...

Author: By S. CHARTEY Quarcoo, CONTRIBUTING WRITER | Title: Sachs Speaks on AIDS | 2/7/2001 | See Source »

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