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...poverty. According to the World Bank, even nations in the hipc program - which was extended last week - pay on average more than 12% of their revenues each year to creditors from the developed world. Loan repayments often exceed spending on health care and education, and governments continue to sink deeper in debt simply by paying interest on their loans. Last week Bono was at Britain's Labour Party conference in Brighton, where Chancellor of the Exchequer Gordon Brown pledged $180 million a year to the cause for the next 10 years. Bono said that reducing Africa's burdens...

Author: /time Magazine | Title: Can Africa Get Out Of Debt? | 10/3/2004 | See Source »

Pictures indeed showed people in the water. But they were taken the day after SIEV 4 was intercepted, after it had begun to sink. Senior bureaucrats and military officers had differing ideas about exactly what had happened, but it gradually became clear to them that the first reports given to the government were inaccurate. Two inquiries have now established that military commanders told Reith before polling day that no children had, in fact, been thrown overboard. At the time, no one in the government moved to correct the record, and no inquiry was launched. Perhaps ministers believed that admitting they...

Author: /time Magazine | Title: Truth Overboard | 8/25/2004 | See Source »

...five years ago, when it launched its BlackBerry, a handheld gadget for writing and receiving secure e-mail. Before that Lazaridis tinkered with industrial displays and developed a fast way to read time codes on film. "We've always been innovative," he says. "Whatever we get involved in, we sink our teeth into." Today the very term BlackBerry is synonymous with wireless e-mail. More than 1 million people use the gizmo, led by a long list of the rich and famous that RIM says includes George W. Bush, Sarah Jessica Parker, George Clooney and the Beckhams. "We got into...

Author: /time Magazine | Title: The Tech Specialists | 8/23/2004 | See Source »

Deck trinkets for the gourmet crowd include a $1,700 ice cream maker and a giant rotisserie grill. This KitchenAid boasts a fridge, a sink...

Author: /time Magazine | Title: What's Cool In the Pool ... ... And Hot On the Deck | 8/16/2004 | See Source »

...mother and stepfather were in vaudeville, and because I was raised in that environment, I knew you didn't complain. You didn't pull rank, and you didn't have tantrums because it didn't get you anywhere. I knew it was a sink-or-swim situation...

Author: /time Magazine | Title: A Fair Lady | 8/16/2004 | See Source »

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