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...clear by now, but apparently it isn't: al-Qaeda is an idea, a way of thinking. Al-Qaeda thinks the world is divided between believers and nonbelievers, and the believers are divinely obliged to destroy the nonbelievers. It is a simple idea that has attracted tens of thousands of Muslims, but it is neither a political prescription nor the makings of an army. The Sunni Arabs who drifted into Iraq after the invasion and the Iraqis who embraced al-Qaeda were never an organization. They were never an army. They were never the main enemy. They numbered, what...

Author: /time Magazine | Title: Perpetuating the al-Qaeda-Iraq Myth | 6/2/2008 | See Source »

...director at Landsbanki, says Iceland's peculiar macroeconomic conditions pose the biggest challenge to maintaining investor confidence. With so few potential depositors at home, the nation's banks have little choice but to raise capital abroad. Furthermore, the size of Iceland's economy - the U.S. economy is roughly a thousand times larger - has always made it volatile, partially explaining its much-discussed $2.7 billion current-account deficit. "If my father decides to build a garage onto his house, it will almost show up in national accounts," she quips. So imagine the impact of constructing two large aluminum smelters from...

Author: /time Magazine | Title: Cracks in the Ice | 5/29/2008 | See Source »

...Dujiangyan - at least 600 students died. "It was built out of tofu," says Hu Yuefu, 44, of the building that toppled and killed his 15-year-old daughter. He holds local government officials and building contractors responsible. "I hope there is an investigation," Hu says. "Otherwise, there are a thousand parents who would beat them to death...

Author: /time Magazine | Title: Helping Hands | 5/22/2008 | See Source »

...least 600 students died. "It was built out of tofu," says Hu Yuefu, 44, of the building that collapsed and killed his 15-year-old daughter Huishans. He holds local government officials and building contractors responsible. "I hope there is an investigation," Hu says. "Otherwise, there are a thousand parents who would beat them to death...

Author: /time Magazine | Title: China: Roused by Disaster | 5/22/2008 | See Source »

...magnitude 7.9 quake and killed his 15-year-old daughter Huishan. He believes local government officials and the building contractors are responsible. As he speaks, a crowd gathers around to listen and offer their support. "I hope there is an investigation," Hu says. "Otherwise, there are a thousand parents who would beat them to death...

Author: /time Magazine | Title: China's Heaviest Toll: Schoolchildren | 5/16/2008 | See Source »

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