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...competition is heating up. Siemens now looks set to form a partnership with Rosatom, Russia's main nuclear-energy company and the world's second largest. The move will give the Russian firm new technological and engineering credibility, and mean another strong rival for Areva right in its own backyard. And China's push for nuclear plants is likely to presage competition from that country. "China wants the ability to build its own nuclear facilities in the future," says Nicolas Véron, a capital-markets and foreign-investment expert with Brussels think tank Bruegel. "A large part...

Author: /time Magazine | Title: Areva's Field of Dreams | 8/5/2009 | See Source »

...relatively pliable leader to negotiate a two-state agreement with Israel. But the prevailing view within Fatah is that Abbas has achieved precious little for his negotiation efforts and that this has been a prime factor in weakening Fatah in the face of the challenge by its more militant rival, Hamas. The Islamists trounced Fatah in the last democratic elections for the Palestinian parliament in 2006, and many fear that a candidate backed by Hamas would likely beat Abbas in presidential elections currently scheduled for early next year. Much of the Fatah rank and file and even many...

Author: /time Magazine | Title: Fatah Conference Aims to Boost Its Radical Credentials | 8/4/2009 | See Source »

...motorcycles affordable and the placid postwar years left many veterans bored and itching for adventure. A vet named Otto Friedli is credited with starting the club after breaking from one of the earliest postwar motorcycle clubs, the Pissed Off Bastards, in the wake of a bitter feud with a rival gang. "Hell's Angels" was a popular moniker for bomber squadrons in World Wars I and II, as well as the title of a 1930 Howard Hughes film about the Royal Flying Corps (the phrase lost its apostrophe over time). For years, the HAMC, as members refer to the group...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

...Rolling Stones.) Overseas, a multiyear turf war across Scandinavia involving the Hells Angels in the 1990s reportedly included attacks with machine guns, rocket launchers and grenades and cost close to a dozen lives. More recently, three bikers were killed during a massive brawl between the Hells Angels and the rival Mongols gang at a Nevada casino in 2002. In 2007, a woman was found severely beaten at the door of the group's fortified headquarters in New York City's East Village; heavily armed police raided the building with helicopters hovering overhead, but no charges were immediately filed...

Author: /time Magazine | Title: The Hells Angels | 8/3/2009 | See Source »

...cipher at his side, the high-born wife whose social ministrations at smoke-filled political sessions flattered her husband's supporters. Benigno's popularity soon challenged Ferdinand Marcos, who had been elected President in 1965. And so, when Marcos assumed dictatorial power in 1972, he threw his rival into jail. Corazon then became her husband's instrument, smuggling messages out of prison and raising funds for the opposition. But as long as he lived, she was merely an extension of Benigno Aquino...

Author: /time Magazine | Title: People Power's Philippine Saint: Corazon Aquino | 8/1/2009 | See Source »

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