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...amid fears of political unrest in the wake of oil-rich Venezuela's recall referendum on President Hugo Chávez. The soaring price might not signal a return to the 1970s oil shocks, but it was enough to cause stock markets to tumble and prompt economic leaders to warn of the threat to global economic growth. Right on cue, here comes Saudi Arabia to save the day. Last week the kingdom said it was prepared to pump an extra 1.3 million bbl. a day to bridge the supply gap. Normally, even the hint of a production increase from...

Author: /time Magazine | Title: Bizwatch | 8/16/2004 | See Source »

Battling terrorism on the home front could forever be tangled up in politics, but what if it weren't? Suppose it were up to the antiterrorism pros alone to decide when to warn the public, what to say about the source of their intelligence and the actions the government is taking to neutralize the threat. Is there an obvious way to handle the sudden evidence that terrorists have plans to strike...

Author: /time Magazine | Title: Al-Qaeda In America: Disclosure: What Do You Tell People? | 8/16/2004 | See Source »

EXCLUSIVE The discovery of computer materials belonging to al-Qaeda operatives in Pakistan led American officials to warn of threats to specific facilities inside the U.S. Several hard drives and 51 computer discs recovered in Pakistan provide evidence that al-Qaeda has conducted extensive surveillance of U.S. targets. Surveillance reports found on the computers contain some 500 photographs of targeted buildings and discussions about how to hit them. A senior U.S. law-enforcement official gave TIME's Adam Zagorin a partial inventory of the material, including descriptions of potential attacks in the terrorists' words...

Author: /time Magazine | Title: Al-Qaeda In America: Inside Al-Qaeda's Files | 8/16/2004 | See Source »

...main task is to maintain peace as Afghanistan tries to hold its first presidential election on Oct. 9. Taliban rebels, bent on disrupting the process, have been attacking election workers for the past several months, and last week clashed with U.S. soldiers in the southern mountains. Security officials also warn of possible bombings in the capital, Kabul. "Without the peacekeepers, Afghanistan...

Author: /time Magazine | Title: Worldwatch | 8/15/2004 | See Source »

...signs some of the 460,000 people registered to play pétanque competitively are taking things a little too seriously. An annual Montpellier tournament scheduled for last month was canceled when too many visiting teams bowed out after receiving threats from hometown fans. "Bouligans" have been known to warn out-of-town rivals to lose deliberately - or else. "That, and unsportsman-like behavior by some fans during play, got to be too much," laments Philippe Gaffet, secretary general of the Paris section of the French Pétanque and Provençal Game Federation, the sport's governing body...

Author: /time Magazine | Title: Beware Of Bouligans | 8/9/2004 | See Source »

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