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...Calabria, Rome and Milan - as well as in Belgium, France, Serbia and Montenegro, and Spain - that has so far netted more than 40 suspected 'Ndrangheta members and associates believed to be involved in the cocaine trade. But Italian officials worry that the clan has a lucrative new financial target in its sights. Earlier this month, a general contractor was chosen to build what will be the world's longest single-span suspension bridge to connect Calabria to Sicily. Antimob investigators say the criminal networks on both sides of the Strait of Messina are hungrily eyeing the j5.7 billion project...

Author: /time Magazine | Title: Death Comes To Locri | 10/23/2005 | See Source »

Time proved Millenbruch wrong. The early warnings about Bethlehem's pension liabilities turned out to be right on target. Bethlehem Steel eventually filed for bankruptcy, and the PBGC took over its pension plans--which were short $3.7 billion. The company, once America's second largest steelmaker, no longer exists. In the Top 50 pension deadbeats of 1990, the PBGC reported that the funds of Pan Am Corp., operator of what was once the premier global airline, had only one-third of the assets needed to pay its promised pensions. Pan Am does not exist today...

Author: /time Magazine | Title: The Broken Promise | 10/23/2005 | See Source »

...newspaper could have been the target in its own right. One of the most prestigious and respected papers in the Middle East, Al Hayat runs balanced, unsparing coverage on political developments in virtually every Arab country outside Saudi Arabia, and it has won a wide audience throughout the region, as well as among Arab exiles in Europe and the U.S. But these qualities have also earned Al Hayat many enemies in a part of the world with virtually no tradition of--or appreciation for--objective journalism. Under the editorship of Jihad al Khazen, the paper, based in London, has undertaken...

Author: /time Magazine | Title: NO RETURN ADDRESS | 10/20/2005 | See Source »

...Colbert Report—The ‘T’ in Report is silent, for some reason—stars Colbert as an arrogant, self-righteous, self-aggrandizing “journalist,” who hosts his own talk show. Colbert’s obvious target is Fox’s Bill O’Reilly in particular, and media talking heads in general...

Author: By Alex C. Britell and Jessica C. Coggins, CRIMSON STAFF WRITERSS | Title: TV Watch | 10/20/2005 | See Source »

...Reaffirming a ban on gays entering the priesthood would drive away some of the very few men willing to serve the church and live celibate lives. It is clear that the church is in desperate need of a housecleaning. But it would benefit no one to target gay men who are willing to give up living in an increasingly accepting society to serve in what is becoming an increasingly dysfunctional institution. Nicole Boehler Tübingen, Germany The Refinery Crunch Matthew Yeomans' essay "refining the Problem" [Sept. 26] argued that building more refineries may alleviate the oil shortage...

Author: /time Magazine | Title: Are We Making Hurricanes Worse? | 10/19/2005 | See Source »

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