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...Restraint like that is just like what Alan Greenspan (now making his way back to the U.S. from Switzerland) and the world?s central bankers are hoping for. Fearing panic - and that large dollar transactions could be lost in gaps in the infrastructure created by the World Trade Center disaster - the Federal Reserve requested Wednesday that central banks overseas limit the trading of dollars in the next few days while it copes with money supply issues. Indeed, dollar/yen trading Wednesday was limited and benign...

Author: /time Magazine | Title: Wall Street's Deathly Silence | 9/12/2001 | See Source »

...injured by a stone thrown at his parents' car as they drove to their home in the Shilo settlement. The baby died soon after, and Sharon was deeply affected by the tragedy. Still, though Sharon may sympathize with the settlers' plight, they chafe at what they consider his restraint. So do Likud activists, furious that their leader isn't taking a harder line. Sharon is doing his best to soothe his party rank and file, stopping in at their weddings and dinners. The army too wants the Prime Minister to do more; the generals would like Sharon officially to declare...

Author: /time Magazine | Title: The Pressure On Sharon | 9/10/2001 | See Source »

...back to normal any time soon. Right now it would take very little to trigger a return to the levels of fighting we saw a few weeks ago. Despite the peace process, there's still small arms fire every night. There's also the issue of how much restraint the Macedonian security forces will show after the disarmament is completed. The recent Human Rights Watch report on incidents last March showed how the police can be quite undisciplined in their approach...

Author: /time Magazine | Title: 'Progress and Pessimism as Macedonia Peace Plan Moves Forward' | 9/6/2001 | See Source »

...meantime, Bush says, Congress must exercise restraint on the 13 major spending bills being considered before the new fiscal year starts on Oct. 1. "Don't overspend," Bush cautioned Congress during a press conference near his Texas ranch last Friday. "One of my jobs as President is to make sure we keep fiscal sanity in the budget." But Democrats argue that it was Bush who started the insanity--with the same tax cut he is hailing as a cure-all. "He claimed we could afford his massive tax cut, a major defense buildup, more money for education, while paying down...

Author: /time Magazine | Title: Who Swiped The Surplus? | 9/3/2001 | See Source »

What would the U.S. do? Would it exercise "restraint," stay its hand, refuse to act lest it engage in a "cycle of violence"? Hardly. This hypothetical is not as hypothetical as it seems. Just three years ago, President Clinton ordered cruise-missile attacks on bases where Osama bin Laden, the terrorist believed to be behind the bombing of American embassies in Kenya and Tanzania (among other outrages), was said to be hiding. The obvious objective was to try to kill him. Or if that failed, to kill enough of those around him either to slow him down or deter...

Author: /time Magazine | Title: In Defense Of Assassination | 8/27/2001 | See Source »

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