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...other side of the Euphrates, east of Najaf, the 7th Cavalry ran into an even bigger fight. This time the main attack came during a swirling dust storm that made thermal night sights useless. Iraqi irregulars swarmed around the U.S. forces. The Americans were ordered to stay put and shoot at anything that moved. By midnight it was over. Two U.S. tanks were lost, blasted from behind--their most vulnerable spot--by antiaircraft guns mounted on pickups. Because of the M1's unique armor, no one on either tank was injured. And one of the tanks is recoverable...

Author: /time Magazine | Title: With The Troops: We Are Slaughtering Them | 4/7/2003 | See Source »

...year after Gulf War I, U.S. stocks rose almost 25%. But this year, Gulf War II, the SARS virus in Asia, terror fears and an already weak global economy are creating a perfectly awful storm that may not dissipate even after the shooting stops in Baghdad and the masks come off in Hong Kong. Here's a look at a few of the players who are thriving or diving right now. WINNERS IMPERIAL TOBACCO: The leading British cigarette firm is a safe haven in uncertain times because of its huge cash flow - almost one-tenth of its total $13 billion...

Author: /time Magazine | Title: Tale of The Tape | 4/6/2003 | See Source »

...more than anything else. If we're not true to our principles, we're not serving our national interest." He bridles at the way some lampoon him, as if he believes that, with U.S. intervention, Jeffersonian democracy will pop up in the Middle East like mushrooms after a storm. But he explicitly links the growth of democracy to America's interests. "The tendency toward successful representative self-government," he told TIME, "works for the benefit of the United States and the world...

Author: /time Magazine | Title: First Stop, Iraq | 3/31/2003 | See Source »

...Defense--gathered in the Oval Office on Wednesday afternoon, Feb. 27, 1991, they agreed that their military and political objectives in the Persian Gulf had been met. Saddam's forces, which had invaded Kuwait seven months before, had been routed. General Norman Schwarzkopf, commander in chief of Operation Desert Storm, concurred in the judgment. Bush had a clear goal for the war: it was not to topple Saddam, much less to march on Baghdad, but to drive the Iraqi army out of Kuwait. The President had assembled a grand coalition, including armies from many Arab states, behind that...

Author: /time Magazine | Title: First Stop, Iraq | 3/31/2003 | See Source »

...what I know,'" preferring to believe his own misguided assessment. When, as the Allies ripped through Iraq, a general finally told Saddam that his army was being destroyed, he replied coldly, "That is your opinion." But he proved right in one crucial calculation: if he could ride out the storm, he could rebound...

Author: /time Magazine | Title: Inside Saddam's Head | 3/31/2003 | See Source »

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