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...thriving liquor-smuggling operation in the city. One of his special skills was relabeling cheap French red vins de table as upmarket brands. Customs knew just what he was up to: it oversaw the whole scam and took a cut. "No one got caught," says Zheng. His gang would transport Hennessy or Bordeaux from Hong Kong to the border at Lo Wu, whisk them through the state-run duty free store, and wheel half of the consignment straight into the city without paying the mandatory 180% duty. Other gangs run cigarettes into Shenzhen, or, in the reverse direction, everything from...

Author: /time Magazine | Title: Crossing The Line | 5/7/2001 | See Source »

...have to be repaid if the project fails. That kind of cushion, critics charge, guarantees the A380 a soft landing. Boeing gets indirect handouts through its lucrative U.S. defense contracts. Last March, for example, the Air Force floated a plan to encourage private carriers to buy a Boeing transport plane. The bottom line, however, is that Airbus gets more government help, which often translates into deeper discounts for its customers. "We would like the playing field more even," says Randolph Baseler, a vice president of marketing at Boeing. "But we're focused on figuring out how to produce airplanes...

Author: /time Magazine | Title: Bigger vs. Faster | 5/7/2001 | See Source »

...clear even before the FAA study that the air transport system lives every day on the edge of chaotic delays. It's economics 101: Supply cannot meet demand. And common sense 202: Why should everyone have a constitutional right to fly into LaGuardia...

Author: /time Magazine | Title: What the FAA Needs Is a Domineering, Jet-Propelled Coach | 5/1/2001 | See Source »

...Certainly coal has some positives. It is plentiful, accessible and cheaper to transport than gas or oil. Despite those benefits, coal was orphaned by the Clinton Administration as a sooty legacy of the Industrial Revolution, responsible for everything from acid rain to increasing incidence of asthma. And because of the high costs of pollution controls on coal-fired plants, utilities have turned to cleaner-burning natural gas for 90% of new plants. But by Cheney's estimate, the country will need at least 1,300 new electric-power plants over the next 20 years. And coal, which already generates more...

Author: /time Magazine | Title: Dick Cheney Gets Coal-Fired | 5/1/2001 | See Source »

...stylish transport includes radio, air conditioning, more comfortable seating and large-panel windows. (Though temperatures hovered in the mid-70s yesterday, the driver did not turn on the air conditioning system.) Students may also enjoy somewhat greater carrying capacity-especially important during peak traffic hours around...

Author: By Stanley P. Chang, CONTRIBUTING WRITER | Title: Snazzy Shuttle Temporarily Transports Quadlings | 5/1/2001 | See Source »

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