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...lawsuit that has strained relations between the U.S. and the Saudi royal family is about to strain them even further. Not long ago, 3,000 relatives of Sept. 11 victims filed a $1 trillion lawsuit against members of the Saudi royal family and others, alleging that they helped finance the 9/11 attacks. Sources tell TIME that 50 new defendants are about to be added to the list of 100 already named. Prime among them is likely to be Saudi Minister of the Interior Prince Naif. Another likely target is the Saudi American Bank (SAMBA), the kingdom's second largest financial...
...were prepared when Congressman Saxby Chambliss agreed to Rove's call to challenge Georgia incumbent Max Cleland, a war veteran and conservative Democrat who had voted with the President on his $1.3 trillion tax cut. Chambliss had demands beyond the buckets of money Rove promised: "I also need the President to come to Georgia twice," Chambliss said. Rove looked at him, perplexed. "Can he only come to the state two times?" "No, Karl, I mean twice a month," Chambliss said. It was an outsize request, but Bush almost lived up to it. He visited Georgia six times--including two stops...
Republicans want to make permanent last year's $1.35 trillion tax cuts, which are scheduled to expire in 2010. In the Senate, some members will push to cut capital-gains taxes, eliminate the estate tax and completely overhaul the tax code. In the House, Republicans want a package that would allow small investors to write off as much as $9,000 in stock-market losses instead of the current $3,000. Who cares about the budget deficit...
...skittish about such perceptions. The White House desperately wants to jump-start the economy in case a conflict with Iraq sends shudders through the global economy. Administration officials say they plan to use their Senate majority early in the new year to make elements of the President's $1.35 trillion tax-cut package permanent, push through an industry-friendly prescription-drug benefit for seniors and pass an economic-stimulus package...
...least the next best thing. The Earth Simulator, the most powerful supercomputer ever built, was designed for a single purpose: to create a virtual twin of our home planet. Before the Earth Simulator arrived, the fastest computer in the world was an American military machine that can perform 7.2 trillion calculations per second. The Earth Simulator runs at more than 35 trillion calculations per second, almost five times faster. In fact, it's as powerful as the next 12 fastest supercomputers in the world put together. Located at a vast, newly built facility in Yokohama, the Earth Simulator...