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...according to U.S. Army officials, small groups of between four and a dozen terrorists from the camps cross the border amid the flow of civilian traffic. Once inside Afghanistan, the Americans say, the terrorists are assisted by abettors who provide money, pass on information about U.S. troop movements and safeguard supplies. Loaded with equipment and intelligence, the al-Qaeda forces then move out to harass American troops. Since the U.S. forces cannot cross into Pakistan, they can only try to catch the terrorists after they re-enter Afghanistan...

Author: /time Magazine | Title: INSIDE THE JIHAD: How Al-Qaeda Got Back On The Attack | 10/28/2002 | See Source »

...What is it about the proposed plan that its opponents find so objectionable? First, it aims to compel Japanese banks to assess the quality of their loans more rigorously and boost the percentage of total capital they must keep on hand to safeguard against potential delinquencies. Second, the plan seeks to tighten capital accounting rules: banks today are booking the expected income from deferred tax assets as up to 40% of their core capital, but Takenaka wants to force them to lower that amount to 10%. Either of these measures would force many banks into violation of their mandated...

Author: /time Magazine | Title: Last Stand | 10/28/2002 | See Source »

...neighbors, presuppose one’s own moral superiority. This is the idea of American “exceptionalism;” it holds that the United States is different from other nations, that its democratic values and its military and political strength give it a special responsibility to safeguard the freedom and security of people everywhere. And if America must act alone, so be it. Few things sound less egalitarian, and that is why unilateralism rubs...

Author: By Jason L. Steorts, | Title: In Defense of Unilateralism | 9/23/2002 | See Source »

...maximum international consent for a war the Administration appears to believe is inevitable. The Administration has been mindful of the danger of getting bogged down in a lengthy new round of arms inspections that both delay the march to war and, key Administration officials insist, are a fundamentally inadequate safeguard against Saddam's weapons of mass destruction ambitions. So even as Secretary of State Colin Powell continues to arm-wrestle his counterparts at the UN, Washington's war plans continue to unfold - from seeking a congressional green light for action to stepped up U.S.-British bombing of Iraqi air defense...

Author: /time Magazine | Title: How Bush Hopes to Pin Saddam | 9/18/2002 | See Source »

...shares on the New York Stock Exchange. But when Porsche chief executive Wendelin Wiedeking saw the tough new Sarbanes-Oxley Act that President Bush signed into law this summer on the heels of the Enron and WorldCom scandals, he had a fit. The new law, which seeks to safeguard against fraudulent accounting, requires CEOs and CFOs to vouch for the accuracy of their company's books under oath. That "makes no sense," Wiedeking said last month. A company spokesman explains that hundreds of employees are involved in finalizing Porsche's accounts and that under German law the management board...

Author: /time Magazine | Title: Tough Act To Follow | 9/15/2002 | See Source »

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