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...Live Nation's recently launched ticketing company from cutting in on Ticketmaster's turf. Live Nation dumped its ticketing contract with Ticketmaster in January after signing a 10-year contract to license ticketing software from Europe's CTS Eventim to run its own ticketing business. The move took a toll on Ticketmaster, which saw its profits dive 78% in the first quarter, partly due to the lost Live Nation business...

Author: /time Magazine | Title: Ticketmaster, Live Nation: Obama's Antitrust Test | 6/10/2009 | See Source »

...consortium. The move was designed to improve amenities for the thousands of Hindus who come to Kashmir each year to worship at a local cave-shrine. More than 60 people were killed in the protests that followed that policy. Incidents like these take both a personal and an economic toll: Hundreds of Indian and foreign tourists were driven out of the Valley this week, and tour operators say that many bookings for tours and weddings - a big business in this scenic spot - have been cancelled. "More or less, three thousand marriages have been postponed or cancelled over the past...

Author: /time Magazine | Title: A Violent Crime Resurrects Kashmir's Call for Freedom | 6/10/2009 | See Source »

Outmatched in frontal combat, the militants have taken a cue from Iraqi counterparts in making IEDs, or improvised explosive devices, their weapon of choice. While their use has declined in Iraq, IEDs are now taking a deadlier toll on coalition forces in Afghanistan. The latest NATO figures show that the use of roadside bombs is up 80% so far this year, making them the primary killer of U.S. and international troops. In 2008, 172 troops died from a record 3,276 IEDs, a 45% jump from the year before, according to the Joint IED Defeat Organization, a Pentagon agency. This...

Author: /time Magazine | Title: Roadside Bombs: An Iraqi Tactic on the Upsurge in Afghanistan | 6/9/2009 | See Source »

...SHELTER FROM THE STORM With winds gusting at 70 m.p.h. (about 115 kph), Cyclone Aila tore through parts of coastal Bangladesh and eastern India on May 26, killing roughly 200 people and forcing 500,000 to seek refuge in shelters and on rooftops to escape rising floodwaters. The death toll is expected to increase as rescue workers gain access to more isolated areas. Low-lying Bangladesh is regularly gutted by cyclones in the spring and fall, which precede and follow its monsoon season. Aila also hit Sundarbans, a mangrove forest on the India-Bangladesh border that shelters endangered royal Bengal...

Author: /time Magazine | Title: The World | 6/8/2009 | See Source »

...that brought Hizballah worldwide infamy came the following year: the 1983 suicide bombing of a U.S. Marine barracks in Beirut, which killed 241 American servicemen - the largest single-day death toll for the Marine Corps since Iwo Jima. The eventual U.S. pullout from Beirut in 1984 was seen as Hizballah's first "victory" -strengthening their credibility within Lebanon as an organization that could truly bring about change...

Author: /time Magazine | Title: Hizballah | 6/8/2009 | See Source »

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