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Delay Takes Its Toll Made in Germany " no longer appears to be a label of engineering excellence. Last week, German Transport Minister Manfred Stolpe canceled the government's €5.4 billion contract for a high-tech motorway toll scheme for trucks after the system operator, Toll Collect, failed to solve technical problems with the trucks' onboard GPS units. The decision to abandon the ill-fated venture - it was scheduled to start in August 2003 before being postponed - is an embarrassment for the top players behind it. Deutsche Telekom and DaimlerChrysler had banked on the system as a possible export. Since...

Author: /time Magazine | Title: Biz Watch | 2/22/2004 | See Source »

...status of forces" agreement reached with the new Iraqi government, which would have the legal authority to ask them to leave. Uncertainty over the makeup of such a government puts a question mark over the terms on which U.S. forces would remain in Iraq. More immediately, however, the toll of U.S. and Iraqi casualties continues to escalate sharply. January had the second-highest casualty total since the fall of Baghdad last year, and February's death toll reached 237 last weekend. The brazen daylight raid by insurgents on a police station and two other facilities in Fallujah last Saturday graphically...

Author: /time Magazine | Title: Iraq: Anybody Got a Plan? | 2/18/2004 | See Source »

...death toll from last Friday's subway bombing could have been much higher but for the heroics of the train's driver, Vladimir Gorelov, who slammed on the brakes and contacted engineers to shut the power off so that people could get out of the train without risking electrocution. Some 500 people escaped. Despite the darkness, fire and the acrid smoke, witnesses said passengers were remarkably calm...

Author: /time Magazine | Title: Terror on the Subway | 2/16/2004 | See Source »

...recent advertising downturn clearly has taken its toll. Ad pages at Forbes magazine fell 49% between 2000 and last year. In an interview with TIME, Kip Forbes, the third eldest of the siblings (there are four brothers and a sister), dismissed speculation that the flagship might be listing. He conceded that revenue for Forbes Inc. was down in 2003 from the previous year but said there was "no connection" between the Faberge egg sale and the tough business climate that has depressed revenue at all business publications, from the Wall Street Journal to TIME's sister publication Fortune. Without elaborating...

Author: /time Magazine | Title: To Russia For Cash | 2/16/2004 | See Source »

...America has a stroke; every three minutes, someone dies of one. That translates into 700,000 strokes and 165,000 deaths each year, making ischemia (the technical term for the most common type of stroke) the nation's No. 3 killer. Even among survivors, strokes can exact a terrible toll: aftereffects range from difficulty walking, speaking and carrying out the everyday activities of life to depression and paralysis...

Author: /time Magazine | Title: Health: Stroke Of Luck | 2/16/2004 | See Source »

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