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...reach this year's target GDP growth of 5%. In this precarious situation, a spike in oil prices might well tip the country into recession. "Needless to say, if oil prices were to approach $50 per barrel and stay there, all bets would be off," wrote Goldman Sachs economist Sun Bae Kim in a recent report...

Author: /time Magazine | Title: Crude Awakenings | 9/6/2004 | See Source »

...sun was going down on the Christmas decorations in the Oval Office, and the President wanted a present. For five months in 2001, the education barons in Congress had been haggling over Bush's signature education-reform bill, No Child Left Behind. "I've asked you all to come down here to get something done," said Bush, careful to spread his eyes across all four visitors. This was not the moment to show his contempt for the impulse of lawmakers to stonewall and grandstand and leak as they pursue their narrow self-interests. This was a moment for ego massage...

Author: /time Magazine | Title: Inside The Mind Of George W. Bush | 9/6/2004 | See Source »

Tucked deep in a tangled warren of dusty alleyways, the golden dome of the Imam Ali shrine gleams in the afternoon sun. Its shining twin minarets reflect light on the ornately painted tiles that cover every surface not faced with gold. But the Old City ringing the glorious shrine, where millions of Shi'ite faithful come on pilgrimage, has been battered by three weeks of savage battle into a blasted warscape of empty, broken buildings. With the dramatic intervention last week of the Shi'ites' most revered leader, Grand Ayatullah Ali Husaini Sistani, 74, the domed shrine was saved...

Author: /time Magazine | Title: Among the Believers | 9/6/2004 | See Source »

...skills on all those films succeeds in bringing one of NASA's most unusual--and least known--spacecraft home safely. The ship is called Genesis, the helicopter pilot is Cliff Fleming, and together they may help NASA get its best-ever chance to examine a piece of the sun itself...

Author: /time Magazine | Title: Space: Here Comes the Sun | 9/6/2004 | See Source »

Genesis, a mission run by NASA'S Jet Propulsion Laboratory in Pasadena, Calif., was launched in August 2001 to solve a cosmic conundrum. Although the sun and the flood of particles it radiates make up 99% of all the matter in the solar system, earthlings have never been able to grab hold of much of that so-called solar wind, beyond a tiny bit collected by several of the Apollo missions. Earth's magnetic field causes the stream of hydrogen, helium and other elements the sun gives off to flow around our world like river water around a rock...

Author: /time Magazine | Title: Space: Here Comes the Sun | 9/6/2004 | See Source »

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