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...doing a lot of shaking of late. In mid-June a sizable quake off its north coast triggered a tsunami warning, a false alarm, fortunately, while far to the south, earthquakes of lesser power knocked stuff off shelves and seriously rattled the composure of those who felt the ground sway beneath them. That's because the earthquakes that concern Californians most are those that haven't happened--at least, not yet--along the state's fault-fractured western edge...

Author: /time Magazine | Title: A Fault Runs Through It | 6/27/2005 | See Source »

Furthering the social conservatism that marked the reign of John Paul II, Benedict XVI has shown his willingness to use his authority to sway Catholic voters on social issues. At a time when some liberals and moderates in the U.S. fear the growing strength of the evangelical right in American politics, the supremacy of the Pope in Catholic and Italian cultures serves as a noteworthy and comparable example of the power of religion to shape public life...

Author: By Nikhil G. Mathews, | Title: Benedict’s Boycott | 6/27/2005 | See Source »

...relations between the longtime comrades continued to deteriorate, the aging Chairman fell more and more under the sway of his wife Jiang Qing and her ultraleftist allies from Shanghai. At first Deng dismissed their growing influence as a passing phenomenon. "Young leading cadres have risen up by helicopter," he later scoffed. "They should really rise step by step." By 1966, however, the radicals had gained the upper hand and, with Mao's backing, plunged China into the frenzy of the Great Proletarian Cultural Revolution. Deng attempted to backpedal politically, apologizing at a public meeting in Peking for having taken...

Author: /time Magazine | Title: Deng Xiaoping: The Comeback Comrade | 6/21/2005 | See Source »

Under the tolerant gaze of the Reagan Administration, giant U.S. companies have been merging at an unprecedented rate. Now the White House wants to make it still easier for firms to consolidate. Officials last week unveiled a sweeping plan to overhaul antitrust laws that have held sway since the early part of the 20th century. "The Reagan crew is obviously determined to leave its mark on business policy," said James Maher, managing director of mergers and acquisitions at the First Boston investment-banking firm. "These ideas, if enacted, will fuel more fires in merger activity...

Author: /time Magazine | Title: Plans to Make Mergers Easier | 6/21/2005 | See Source »

...regional bank to its current size through a series of daring takeover moves, reportedly approached BankAmerica with an informal merger offer last March, but the bigger bank preferred to retain its independence. Privately, many West Coast financial analysts do not think First Interstate can offer enough money to sway BankAmerica's management and board...

Author: /time Magazine | Title: Takeover Tugs-of-War | 6/21/2005 | See Source »

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