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...peace process in Northern Ireland "includes the acceptance of past mistakes and of the hurt and pain we have caused to others." The I.R.A.'s Unionist opponents complained that the apology did not go far enough. They suggested that it was intended to fend off British government sanctions against Sinn Fein, the I.R.A.'s political wing. The British government welcomed the I.R.A.'s acknowledgment of the pain it had caused so many people. ITALY Anti-Semitism Vandals desecrated more than 30 Jewish graves in a nighttime rampage through a Rome cemetery. The vandals smashed headstones and tore off marble Star...

Author: /time Magazine | Title: World Watch | 7/21/2002 | See Source »

...higher for short-term securities than in the U.S. The euro last week broke through the psychologically important barrier of 94?, its highest level since March 2001. But that's still way off the $1.17 the currency fetched when it was launched in January, 1999. Hans-Werner Sinn, chief of the German IFO economic think tank, said last week that he foresaw the euro reaching parity with the dollar by year's end. "The euro will continue to climb and without difficulties can reach a dollar," Sinn told Reuters news agency. Stephen S. Roach, an economist for Morgan Stanley, said...

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

...Israel since Prime Minister Ariel Sharon's recent incursions into the West Bank. Israeli helicopter gunships opened fire with machine guns on the nearby West Bank town of Jenin and tanks rolled into surrounding neighborhoods. Tanks also destroyed much of Palestinian President Yasser Arafat's headquarters. NORTHERN IRELAND A Sinn Fein Mayor Elected in Belfast Against Loyalist protests, votes from nonsectarian Alliance Party councilors sealed the election win of Sinn Fein's Alex Maskey as lord mayor of Belfast - the first time the political wing of the I.R.A. has gained control of the city's council. The vote came after...

Author: /time Magazine | Title: World Watch | 6/9/2002 | See Source »

...voters to win a second term. His Fianna F?il party rode a strong economic performance to secure the most seats in Dáil Eireann, Ireland's House of Representatives. But wealth and bad weather bred apathy: turnout fell sharply. Attention also focused on seats won by members of Sinn Féin, the political wing of the I.R.A. Their election could help seal the organization's shift from violence into mainstream Irish politics. MIDDLE EAST Election Talk Under pressure from all sides to broaden political representation, Palestinian leader Yasser Arafat announced plans to hold parliamentary and presidential elections within...

Author: /time Magazine | Title: World Watch | 5/19/2002 | See Source »

...Belfast and elsewhere after it named the I.R.A. as part of a global terror network based in Colombia. The report, compiled after a nine-month investigation, accused the I.R.A. of training Colombian guerrillas alongside Iranians, Cubans and possibly Basque separatists. Refusing an invitation to appear before the Committee, Sinn Fein leader Gerry Adams said he was satisfied with the I.R.A.'s denial that it had sent anyone to train rebel groups in Colombia. "Irish Republicans pose no threat to U.S. national-security interests in Colombia," he added...

Author: /time Magazine | Title: World Watch | 4/29/2002 | See Source »

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