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...conclusion of your story assessing whether the U.S. can win the war in Iraq noted that in the short term the country might end up like Afghanistan, plagued by insurgents and with a weak government dependent on U.S. protection. That assessment was accurate. Because it is almost impossible to cobble together a representative government in a country that includes so many different groups with varying objectives, the U.S. should focus on establishing local governing councils in each city. In this way we could cut down on strife in several of these urban centers, promote commercial and industrial growth and minimize...

Author: /time Magazine | Title: Letters | 10/25/2004 | See Source »

...young blade who has found himself in over his head pushing for a ruthless syndicate. Joe’s mood swings—guardedly tender one moment, ambitious another, and occasionally terrified—are earnest and comprehensible, and Fredricks does a commendable job portraying the complexities of a weak personality under stress. Slightly less can be said of the female lead, Joe’s love interest. Though Liesje A. Hodgson ’08 is dealt a pretty bum hand in the character of Darlene, the shy, not-so-bright, doe-eyed Midwestern girl who winds...

Author: By Patrick D. Blanchfield, ON THEATER | Title: Theater Review: Venturing into the Underworld | 10/25/2004 | See Source »

...size-fits-all monetary policy, with the European Central Bank setting the same interest rates for all. "In the short term, monetary policy is driving economies apart, not bringing them together," says London-based economist Mike Taylor of Merrill Lynch. A recovery is under way, but it's weak. The Organization for Economic Cooperation and Development (O.E.C.D.) predicts that Euroland's economy will grow 2% this year, up from .4% growth in 2003 but well below the 3.4% expected for Britain and the 4%-plus predicted for the U.S. and Japan...

Author: /time Magazine | Title: Economy: Carrying Its Weight | 10/25/2004 | See Source »

...widespread the practice is in Europe, but price pressure on insurers after the scandal could lead to lower profit margins. It's a reminder that global business means global regulation, too Bargain Hunting Europe's supermarket chains have plenty of trouble in store: a mixed bag of weak consumer spending, pressure from no-frills grocers and domestic price wars have hit retailers at the checkout. After warning that it was headed for its first loss in its 135-year history, British grocer J Sainsbury pledged to cut prices. With rival Tesco's substantial buying power allowing it to keep costs...

Author: /time Magazine | Title: Bizwatch | 10/24/2004 | See Source »

...They have their weak points and they have their strong points, and life is difficult for all of them...

Author: /time Magazine | Title: Bizwatch | 10/24/2004 | See Source »

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