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...conflict was sparked by Pentagon decisions on the Joint Strike Fighter (JSF), a state-of-the-art aircraft being built by a consortium of nations led by the U.S. and Britain. Britain has invested $2 billion in the plane's development. But the Department of Defense has refused to allow the British access to the most sophisticated technologies on the JSF, and further insulted the British when it unilaterally decided that it would no longer need an engine for the plane that was to be built in part by Britain's Rolls-Royce. In response, Paul Drayson, Britain's Minister...

Author: /time Magazine | Title: Strains in the Alliance | 4/3/2006 | See Source »

...Harvey Nichols caters to the top 3% of the population, and that 3% are very well-traveled," says Wan. "If my Dolce & Gabbana in India has to be more expensive because of import duties, how can I do any business? You just can't." For now, other emerging markets strike him as a better bet: Harvey Nichols recently opened in Hong Kong and has also set up shop in Dubai and Turkey. "India may not be ready yet, but I can start to see that it's coming. I don't know whether it's in one, two or three...

Author: /time Magazine | Title: India's Lust for Luxe | 4/3/2006 | See Source »

...Franciscans are prepared - at least psychologically - for the next big earthquake they know will someday hit their city. But how ready is the rest of the country for the other disasters - natural and manmade - waiting to strike? Not very, according to a survey by TIME's Amanda Bower...

Author: /time Magazine | Title: How Disaster-Ready Are We? | 4/3/2006 | See Source »

...while scattering seven hits and not walking a batter. Haviland was forced to contend with the passing thunderstorms, which halted action for 44 minutes between the fifth and sixth innings. But he did not skip a beat in the final frames, continuing to spot his fastball low in the strike zone and tantalize with his curve. “It’s always nice not to have to use your bullpen before Sunday,” said Haviland, who also racked up seven strikeouts. “Especially with the seven-inning game, the guy starting that, you have...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: No Fooling Around for Crimson | 4/2/2006 | See Source »

...have to spend it." And, despite the burgeoning confidence of business and consumers, Germany's underlying economic problems are still there. The pension system is going bust, state spending on social programs is out of control, and seasonally adjusted unemployment is rising, last month topping 11.4%. Public sector strikes, the first in 14 years, have sparked demonstrations in 11 of 16 states. Last week, IG Metall, Germany's biggest engineering union, staged its own "warning strike," the first in a series aimed at winning a 5% increase in wages. The walkouts expose a yawning gap between workers' expectations and employers...

Author: /time Magazine | Title: Land of Smiles | 4/1/2006 | See Source »

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