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...carve out a Muslim state in the southern Philippines. President Arroyo also announced that the army had overrun four Abu Sayyaf camps on the island of Jolo. SOUTH KOREA Border Battle At least four South Korean soldiers were killed and 19 injured when a North Korean naval vessel sank a South Korean military speedboat on patrol in the Yellow Sea. North Korean officials said that shots were fired only defensively, and both sides claimed that the battle - the worst in three years - took place in their respective territorial waters. AUSTRALIA Mass Breakout More than 30 asylum seekers went...

Author: /time Magazine | Title: World Watch | 6/30/2002 | See Source »

...there is less demand for American stocks and bonds, the value of the dollar is weighed down. And the appetite for U.S. assets has clearly slowed. In 2000, according to the U.S. Department of Commerce, foreigners invested $281 billion in the U.S. In 2001, however, the level of investment sank to $149 billion. While the strong dollar has allowed the U.S. to max out its national credit card with purchases overseas, the currency imbalance is starting to cause pain in the U.S. "There are signs that the U.S. economy is struggling hard because of the strong dollar," says Harmen Lehment...

Author: /time Magazine | Title: Flying Higher | 6/9/2002 | See Source »

...want to debate Yasin should engage him, not just smear him. When Yasin and I spoke right after the controversy began, he told me that none of those who were leading the charge against him had taken the trouble to contact him. Yet the level of argument against him sank to a low not worthy of the Harvard community, especially the misleading attacks regarding the HIS fundraiser...

Author: By Vasugi V. Ganeshananthan, | Title: Listening to Zayed | 6/6/2002 | See Source »

...want to debate Yasin should engage him, not just smear him. When Yasin and I spoke right after the controversy began, he told me that none of those who were leading the charge against him had taken the trouble to contact him. Yet the level of argument against him sank to a low not worthy of the Harvard community, especially the misleading attacks regarding the HIS fundraiser...

Author: By Vasugi V. Ganeshananthan, | Title: Listening to Zayed | 6/5/2002 | See Source »

...York City who describes herself as an "off-and-on" customer of Lands' End for the past 15 years. Marietta Caiarelli, 59, a nurse from St. Louis, Mo., says she hopes the Lands' End quality and service she has come to depend on don't suffer. "My heart sank when I heard the news," she says. "I thought, It will never be the same again...

Author: /time Magazine | Title: Recharging Sears | 5/27/2002 | See Source »

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