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...crime is one. of most inhuman character, in which the kidnappers are attempting to capitalize one of the dearest human emotions--the love of parents for their children."--Rome Giornale d'Italia...

Author: /time Magazine | Title: CRIME: A Hard Case | 3/18/2005 | See Source »

...fall-winter 2005-06 season, Spy can be spotted in a variety of incarnations, each signaling its exclusivity with a different twist on conspicuous expense, like rich purple velvet lined in tulle and trimmed with pearls. And they're selling well. At Fendi's flagship boutique in Rome, the Spy waiting list is growing. Lagerfeld is laying on the luxury, too. "Last season, we had a material that cost j100 a meter," he says. And this was not even for one of Chanel's haute couture collections; it was for ready-to-wear. Lagerfeld is playing both ends...

Author: /time Magazine | Title: If You've Got It, Flaunt It | 3/6/2005 | See Source »

Power Games When Electricité de France, the world's largest power provider, snapped up a stake in Italy's energy firm Edison in 2001, it got a nasty shock: Rome capped EDF's voting rights in Edison at a measly 2%. Their claim: the French market wasn't open to competition. (EDF owns 18% of Italenergia, a holding company with a 62% stake in Edison.) But last...

Author: /time Magazine | Title: Bizwatch | 2/28/2005 | See Source »

...state-owned utility ENEL, agreed to develop joint projects in France and Europe, including those in the nuclear sector. An end to the static? One Italian exec familiar with the negotiations dismisses the plan as little more than a p.r. move, and says it's too early for Rome to consider lifting the cap. And onerous put options may yet force EDF to exit Italy. But Italian utilities might want to buy a piece of Italenergia and that "could get the French off the hook," says the exec. Still, if that eases pressure to reform, consumers may lose; Fabrizio...

Author: /time Magazine | Title: Bizwatch | 2/28/2005 | See Source »

DIED. ULI DERICKSON, 60, flight attendant for T.W.A. whose courage and calm determination saved lives when Lebanese gunmen hijacked Flight 847 en route from Athens to Rome on June 14, 1985, and held the plane in Beirut for 17 days, killing one; of cancer; in Tucson, Ariz. Taking charge, Derickson soothed a gunman by singing a German ballad he requested, intervened to stop the beatings of passengers and used her Shell credit card to pay $5,500 for the plane's refueling...

Author: /time Magazine | Title: Milestones Mar. 7, 2005 | 2/27/2005 | See Source »

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