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...bloodbath at Beslan came scarcely a week after twin suicide-bombings brought down two Russian airliners and a third wrought havoc outside a Moscow subway station, leaving more than 100 dead. The latest wave of attacks appeared calculated to mock President Putin's claim that he had defeated the Chechen separatist insurgency, and that the situation in the rebel region had was returning to normal following the election of Moscow's handpicked candidate as president of the region, in a poll widely criticized by observers. Indeed, the election was necessitated by the fact that Moscow's previous pick to lead...

Author: /time Magazine | Title: Hostage Bloodbath Highlights Putin's Chechen Failure | 9/4/2004 | See Source »

...Group (SMFG), Japan's second- and third-largest banks, respectively. They are vying to merge with UFJ Holdings, the sickest and smallest of the country's Big Four banks, in a bidding war that highlights the degree to which government reform and revived economic vibrancy have unleashed a fresh wave of market competition in this traditionally moribund industry. Many observers say the tussle may even be a harbinger of a rough-and-tumble style of capitalism that could spread across Japan's rebounding economy...

Author: /time Magazine | Title: Wedding Crasher | 8/30/2004 | See Source »

...PHUKET, THAILAND: It might not rate a mention on the world surfing circuit, but Surin beach's smallish swells generate plenty of enthusiasm among novice wave riders. Local outfit, Saltwater Dreaming, tel: (66-76) 270 549, offers a two-hour lesson with board rental for $12, covering board-riding basics and tips on safety and reading sea conditions. The best waves occur from April to October...

Author: /time Magazine | Title: Board Meetings | 8/30/2004 | See Source »

...PHILIPPINES: The classic surfing scene in Francis Ford Coppola's Apocalypse Now was filmed at this little seaside town. Possibly as a result, it is now home to a small but fanatical community of around 50 surfers. Recommended is Sabang beach with its easy-to-manage left and right wave breaks. Inquire at the beachside Bay's Inn resort, tel: (63-42) 410 0643, about lessons and board rental. October to February see surfing conditions at their prime...

Author: /time Magazine | Title: Board Meetings | 8/30/2004 | See Source »

...Freedom Center, which has its grand opening this week, is part of a wave of more than 20 new museums dedicated to African-American history that are now in development around the country. They include the U.S. National Slavery Museum in Fredericksburg, Va., the International African American Museum in Charleston, S.C., the National Museum of African American History and Culture in Washington and the Reginald F. Lewis Museum of Maryland African History and Culture in Baltimore, Md. Add to those the numerous locales from the 20th century civil rights movement, like the Montgomery, Ala., bus stop where Rosa Parks...

Author: /time Magazine | Title: Slavery Under Glass | 8/30/2004 | See Source »

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