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That's right: there's a company for every five residents in quaint little Zug and the compact canton that surrounds it. These companies' executives are no doubt impressed by the same attractions that lure tourists in summer and winter alike: the town's spectacular lakeside setting with the Alps towering in the distance. But there are also good business reasons to set up shop in Zug. It offers some of the lowest tax rates available in any stable democracy. And its laws protecting residents' financial privacy are among the strictest on the planet...

Author: /time Magazine | Title: Business Class: Low Tax, High Life | 11/13/2007 | See Source »

...still possible, this summer, to see some hope in Somalia. The country was in dire need of some. The Ethiopian army, which invaded last December, had killed thousands of Somalis and lost thousands of its own in some of the fiercest fighting that the capital, Mogadishu, had seen in 16 years of civil war. There was also an acute and mounting humanitarian crisis, as hundreds of thousands of refugees fled the capital for makeshift camps in the desert. But an August lull in the fighting allowed Ethiopian Prime Minister Meles Zenawi to claim violence was ending. And Washington, which sent...

Author: /time Magazine | Title: Somalia's War Flares Up Again | 11/12/2007 | See Source »

...home to al-Qaeda-funded Islamist radicals since the early 1990s. The Ethiopians invaded to topple the Union of Islamic Courts (U.I.C.), which had ruled Mogadishu for six months and whose leader declared a jihad on Ethiopian troops then operating inside Somalia. According to insurgents I spoke to this summer in Mogadishu, U.S. intervention alongside Ethiopian forces - U.S. warplanes carried out at least two strikes on suspected Islamists in the south of the country in January, and a warship unleashed an artillery barrage on another group in the north of the country in June - radicalized the Somali insurgency further...

Author: /time Magazine | Title: Somalia's War Flares Up Again | 11/12/2007 | See Source »

...soon as Ann and Don Bender marked the 4th of July by planting a field of more than 3,500 flags - one for each of the American troops killed in Iraq- the elements began to take a toll. The baking sun and sudden storms of a Great Plains summer left the little flagsticks warped and broken and the fabric bleached and torn...

Author: /time Magazine | Title: Veterans' Day Vandals Touch a Nerve | 11/11/2007 | See Source »

...This summer, President Bush criticized the language in an earlier version of the bill, H.R. 3222—which would have set a 20 percent cap—as “artificial” and “arbitrary,” according to the Chronicle...

Author: By Aditi Balakrishna, CRIMSON STAFF WRITER | Title: Scientists Confront Funding Shortages | 11/9/2007 | See Source »

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