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...cars. The whole thing happened very quickly." The driver, identified as Rassan Abu Tir, 22, was shot and wounded by an armed civilian, but kept on driving until he was killed by shots from a Border Police officer. His bulldozer careened to a halt within sight of the King David hotel...

Author: /time Magazine | Title: Terror Rampage Near Obama's Hotel | 7/22/2008 | See Source »

...million travelers, 200,000 over the now normal 12% to 15% growth rate. (Some 710,000 tourists showed up last year.) The state's tourism director, Don Dickey, says, ''This will be the party year.'' Already, as the state swings into summer, the party is on. The most spectacular sight in central Alaska is massive 20,320-ft. Denali, or Mount McKinley. Unfortunately, Denali is 200 miles away from the nearest cruiseship landing point. Customary transportation to Denali National Park in the Alaska range is by bus. Correctly figuring that most affluent U.S. tourists would rather take hookworm medicine than...

Author: /time Magazine | Title: IN ALASKA, THE PARTY IS ON A light-struck wilderness awes new visitors | 7/21/2008 | See Source »

...young woman sporting blond hair, a short skirt, knee high socks and high heels. A pair of gentleman, who could only have been sumo wrestlers, also shared a train with me once. Judging from the amused reactions of those seated around me, I decided that this was an unusual sight...

Author: By Kerry A. Goodenow | Title: The Tokyo Underground | 7/20/2008 | See Source »

...mortgage losses continued to mount and the credit-crisis snowball rolled on, private equity, with some SWF support, took on the role of recapitalizing regional banks. Yet there's still no end to the crisis in sight. On July 11, U.S. regulators shut down IndyMac Bank, the second-largest largest financial institution to close in U.S. history. If current estimates are right and more losses are coming - Goldman Sachs says U.S. and European banks may need another $200 billion - where's the money going to come from to keep the financial system functioning...

Author: /time Magazine | Title: Investing: That Sinking Feeling | 7/17/2008 | See Source »

...while cleaner skies will be a welcome sight for the Olympic hosts, Beijing's residents won't have long to enjoy it. The restrictions will be kept in place for the Sept. 6-17 Paralympics, then end on Sept. 20. "The measures are only a short-term fix," says Wen Bo, China director for the NGO Pacific Environment. "I think the current Beijing government couldn't have the time and energy to think of long-term solutions for fixing air pollution...

Author: /time Magazine | Title: Beijing Orders Pollution to Vanish | 7/14/2008 | See Source »

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