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...some time, but state and local officials were able to paper over their problems by depleting rainy-day funds--surpluses built during boom years--and tapping other onetime sources of cash to keep the budget in balance without encroaching on the everyday lives of most people. But that tactic has been exhausted. Already, many states have broken a trend of tax cuts that began in 1994--raising taxes by an aggregate $9.1 billion last year...

Author: /time Magazine | Title: How To Balance A Budget | 12/9/2002 | See Source »

...guaranteed rate of return--the newcomers say they can't make the necessary investments until they have built up a critical mass of customers. Wayne Huyard, chief operating officer of MCI, which is part of WorldCom, currently enmeshed in bankruptcy proceedings, says the Bells' claims are "absolutely a scare tactic. We don't want to ride a competitor's networks any longer than necessary. But they realize that forcing a premature migration to our own networks will kill competition. It's classic monopolistic maneuvering...

Author: /time Magazine | Title: Telecom: Thrown for a Loop | 12/9/2002 | See Source »

Smith defended his tactic...

Author: By Alexander J. Blenkinsopp, CRIMSON STAFF WRITER | Title: Council Hopefuls Face Off in Debate | 12/9/2002 | See Source »

...PAKISTAN: Den of terror In Pakistan, al-Qaeda is thriving. Its tactic has been to contract out its terror work to local hirelings?and there are a multitude. Police are investigating links between Osama bin Laden's network and a spate of anti-Western attacks this past year: the kidnapping and murder of American journalist Daniel Pearl, bomb attacks in Karachi on the U.S. consulate and on a bus full of French submarine technicians and massacres of Christians. President Pervez Musharraf pledged full cooperation to the U.S. in its search for al-Qaeda. But those orders are not always trickling...

Author: /time Magazine | Title: Will They Strike Again? | 11/25/2002 | See Source »

...Africa--charged with hunting terrorists in the region. The armed version of the Predator had proved itself in the war in Afghanistan last year, but the attack in Yemen marked the first known use of the drone to kill a terrorist leader outside an acknowledged field of combat--a tactic human-rights advocates liken to assassination. The strike owed its success to a tip from Yemeni authorities on the whereabouts of al-Harethi, and U.S. officials say Yemen gave its permission for the strike. But the action infuriated opponents of the government, who called it a violation of sovereignty. There...

Author: /time Magazine | Title: They Didn't Know What Hit Them | 11/18/2002 | See Source »

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