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...before his arrest in March 2003, faces charges of attempting to build a terrorist organization - which his lawyers dismissed - and tax fraud, rather than the more serious charge of membership of a terrorist organization, which would require stronger evidence. Mega Setback INDONESIA The Golkar party of former dictator Suharto won April's parliamentary election with 21.6% of the vote, according to official results. The result is a blow to President Megawati Sukarnoputri, whose ruling PDI-P party came in second with 18.5% of the votes, down from 33.7% in 1999. Megawati faces re-election in July, and trails her former...

Author: /time Magazine | Title: World Watch | 5/9/2004 | See Source »

...only setback to playing the cymbals is that it takes two hands. I can’t take notes. And I’m so nervous that I can’t fully absorb the experience. I could be missing some crucial togetherness and community that making a unified sound creates, unity that transcends the loneliness and competition of college. But I am not unified. I am a beat behind and I keep missing notes. A bass drum player arrives late and squeezes in next to me in the concert shell (technical term for the vague semi-circle...

Author: By Rachel E. Dry, | Title: Going out with a bang | 5/6/2004 | See Source »

Right now, investing in China is hotter than a pot of green tea. Sure, Morgan Stanley Capital International's China stock index suffered a 9% setback in mid-April, but it has still gone up 72% over the past 12 months. In January and February alone, some $320 million poured into U.S.-based mutual funds invested in China. The bullish case for China seems irresistible: a stable government, millions of aggressive entrepreneurs, plenty of cheap labor and 1.2 billion consumers eager to fulfill a lifetime of pent-up demand. But don't be blinded by hype. Here are the important...

Author: /time Magazine | Title: Money: Bullish on China? | 5/3/2004 | See Source »

...truce, however, could be a severe setback for the Bush Administration, which has been leaning on Pakistan to carry out a clean sweep of al-Qaeda and the Taliban from the tribal territory. Mohammed is a former Taliban commander who still swears loyalty to fugitive leader Mullah Omar and was earlier accused by the Pakistani government of giving shelter to al-Qaeda fighters, possibly including Osama bin Laden. In this area Pakistani troops last month mistakenly thought they had cornered bin Laden's deputy, Ayman al-Zawahiri...

Author: /time Magazine | Title: A Truce On Terror | 5/3/2004 | See Source »

...pointy letter-loving Harvard crowd, failure is the ultimate taboo. And in this case, this is not the same kind of failure as getting a “B” on paper that you worked on for days. This—more serious—academic setback can have dire consequences...

Author: By Alexandra C. Wood, CONTRIBUTING WRITER | Title: How do you fail out of Harvard? | 4/29/2004 | See Source »

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