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...shot on Interpol's Wanted list, where it was placed by Algerian authorities seeking to prosecute Khalifa for alleged crimes linked to the rise and fall of his €1 billion empire. When Algeria issued an arrest warrant last month for its only home-grown international business titan, it marked the most recent slide in Khalifa's long-plummeting fortunes. Once considered a hero and source of hope for Algerian youths, Khalifa is now sought by police for suspected criminal mismanagement and money laundering at the Khalifa Group, his banking, transport, television and construction conglomerate, which went belly...

Author: /time Magazine | Title: Crash And Burn | 9/14/2003 | See Source »

...kind of anti-American rage is by no means universal among Iraqis, officials fear that the rising militancy of those opposed to the U.S. may be dissuading them from assisting U.S. troops, sharing intelligence on the whereabouts of Saddam's loyalists and collaborating in the rebuilding effort. According to Titan, the company that manages the translators for the U.S. military, at least a dozen translators have been killed in the past month by anti-American militants. Other translators hired by U.S. troops say they lie about their jobs for fear of reprisal. When Aymen, 36, an interpreter...

Author: /time Magazine | Title: The War's New Front | 8/18/2003 | See Source »

...first edition, Poor Richard predicts "the inexorable death" of his rival almanac writer Titan Leeds, giving the exact day and hour. It was a prank borrowed from Jonathan Swift. Leeds fell into the trap, and in his own almanac for 1734 (written after the date of his predicted death) called Franklin a "conceited scribbler" who had "manifested himself a fool and a liar." Poor Richard responded that all of these defamatory protestations indicated that the real Leeds must indeed be dead and his new almanac a hoax by someone else. "Mr. Leeds was too well bred...

Author: /time Magazine | Title: Citizen Ben's 7 Great Virtues | 7/7/2003 | See Source »

Nissan's strategy, championed by turnaround CEO Carlos Ghosn, exemplifies the latest transplant wave: a direct assault on Detroit's most profitable models. The Titan was designed by a California-based team of mostly Americans, who Nissan thought could best understand the U.S. truck crowd's preferences. About 85% of the Titan's components come from U.S. suppliers. And it will be built in the pickup-loving South, which Nissan hopes will add credibility. Says Ghosn (pronounced Goan): "The market is sensitive to the fact that this product is assembled...

Author: /time Magazine | Title: Motor Trends: Why The Most Profitable Cars Made in the U.S.A. are Japanese and German | 5/19/2003 | See Source »

...each of its F-Series pickups, providing one of its fattest margins for a high-volume vehicle. The North American market for pickups is about 3 million a year. And while Ford will launch a redesigned F-150 this summer, Ghosn is confident that Nissan's investment in the Titan (whose platform will be used by other vehicles) will pay off. "Each time competitors enter a segment, profits have a tendency to go down," he acknowledges. "But the truck segment will remain one of the most profitable...

Author: /time Magazine | Title: Motor Trends: Why The Most Profitable Cars Made in the U.S.A. are Japanese and German | 5/19/2003 | See Source »

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