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...course, one key difference between the latest attacks and those of three years ago is the scale of the carnage: 20 confirmed deaths so far (excluding the bombers), not 202. But it's not just these lower numbers that have convinced visitors like Trish Davies to proceed with trips to Bali. Davies, who is visiting from Australia, expresses a mixture of defiance and resignation that reflects how inured many of us have become to the notion that terrorists can strike anytime, anywhere. Standing in front of the blasted remnants of the Raja restaurant in Kuta, the 39-year-old homemaker...

Author: /time Magazine | Title: On Terror's Trail | 10/10/2005 | See Source »

...rgen Schrempp in the '90s, aggressively pursued visions of international growth and diversification and financed them by tapping into the cash hoard Mercedes had built up over decades. In the process, the company, which once prided itself on its provincial roots in Baden-Württemberg, acquired a worldwide scale and presence in both cars and trucks--and bought some absolute dogs. That included a near bankrupt household appliance company (AEG), a teetering airplanemaker (Fokker) and a 37% stake in Japan's inept Mitsubishi Motors. Those and other investments drained management's attention and the company's account; Daimler's share...

Author: /time Magazine | Title: Autos: Can Mercedes Be a Star Again? | 10/9/2005 | See Source »

...Katrina has shown the world America's Achilles' heel: its inability to deliver a quick and coordinated response to a natural disaster [Sept. 19]. Could the U.S. cope effectively with a terrorist attack involving biological or nuclear weapons? More than ever, the U.S. needs big thinking on a big scale...

Author: /time Magazine | Title: Letters: Oct. 17, 2005 | 10/9/2005 | See Source »

...HORIZON: THE FIRST CANCER VACCINE A large-scale trial found Merck's experimental vaccine Gardasil 100% effective against two strains of human papillomavirus thought to cause 70% of all cervical cancers. If FDA approved, it may arrive...

Author: /time Magazine | Title: Doctor's Orders: Oct. 17, 2005 | 10/9/2005 | See Source »

Smart's woes are typical of the troubles afflicting the entire Mercedes group. The car's manufacturing costs are far too high, especially given its relatively small scale--last year the company sold just 150,000 of them. Smart's managers were overly ambitious in developing new models too quickly, according to company officials and analysts. Hayek long ago dropped out. But even before the original model he helped to inspire had established itself, Smart moved on to new territory: the model range was extended to a four-seater, a roadster and a planned...

Author: /time Magazine | Title: Autos: Small Wasn't Smart | 10/9/2005 | See Source »

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