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...made the world more risk-averse in other ways as well. Fear of flying brought a drop in air travel, prompting multibillion-dollar bailouts and causing a slump in tourism. This year more struggling airlines are likely to go out of business. The drop in the Dow is another symptom of risk avoidance; we feel safer putting our money under the mattress than putting it in the stock market. Even the entertainment industry is taking no chances, which means more of the same on stage and screen: sequels to sequels to sequels, including the next installment of Harry Potter...

Author: /time Magazine | Title: 2002: The Year Ahead | 2/4/2002 | See Source »

...even among U.S. allies in the Arab world is that Sharon's policies are a far more serious obstacle to Middle East peace than any deceit on Arafat's part. Indeed, even moderate Arab regimes may be inclined to see any illegal arms procurement by the PA as a symptom of the breakdown of the peace process and Israel's escalating military actions...

Author: /time Magazine | Title: The Grim Brinkmanship of Bush vs. Arafat | 1/25/2002 | See Source »

Harvard’s deplorable practice is a symptom of a national trend. As institutions and companies have grown, they have hired other companies to provide ancillary services like cleaning and security. Harvard, in all its vastness, no longer wants the burden of managing and training a corps of custodians or security guards. Justifiably so; Harvard's primary mission is to educate, not to provide the cleanliness or security which undergird its academic pursuits...

Author: By Meredith B. Osborn, | Title: Inescapable Obligations | 1/7/2002 | See Source »

...reintroduce liquor ads during last Saturday's airing of "Saturday Night Live." Citing a deteriorating advertising market, Peacock Network execs are reversing a 50-year-old voluntary ban on television commercials hawking hard alcohol. NBC's choice, the moral authorities among us believe, is a terrible and inevitable symptom of our decaying societal fabric. "The decision by NBC to accept advertising for liquor is shockingly irresponsible and should be reversed immediately," says Dr. J. Edward Hill, chair-elect of the American Medical Association. "It is obvious the network is putting its desire for profit far above the health...

Author: /time Magazine | Title: Network Liquor Ads? Fine By Me | 12/18/2001 | See Source »

...administration underlined its anger Tuesday by freezing the assets of the largest Muslim charity in the U.S., accusing it of channeling funds to Hamas. But the tougher U.S. stance is being criticized by Washington's Arab allies, who see Palestinian terror attacks as a symptom of the failure of the peace process to resolve the problem of Israel's occupation of the West Bank and Gaza. Strong U.S. support for Israeli action against the PA without concomitant pressure on Sharon for a return to the peace process is perceived in the Arab world as one-sided. And, most...

Author: /time Magazine | Title: Better the Arafat You Know... | 12/5/2001 | See Source »

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