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...loss to explain what had. How can the power demands of a not unusually hot day somehow bring a huge chunk of the northeastern electrical grid crashing down? The blame cascaded as fast as the blackout. On the ground some Americans blamed Canada for its origin; Canadians returned the favor. Ottawa officials first suggested that it was a lightning strike at a plant in upstate New York, except that it was a lovely sunny day in Niagara Falls, and there were no reports of lightning anywhere. In the end, the two governments announced a joint task force to investigate...

Author: /time Magazine | Title: Blackout '03: Lights Out | 8/25/2003 | See Source »

...hoped) share-price appreciation, have been around for years, although the investment style was eclipsed during the late 1990s mania for growth funds. Old Guard favorites: American Funds Washington Mutual Investors Fund, T. Rowe Price Equity Income and Dodge & Cox Stock Fund. Morningstar analyst Dan Culloton recommends that investors favor funds that have reasonable fees, track records and proven, experienced managers. --By Barbara Kiviat

Author: /time Magazine | Title: Money: Cashing In On The Dividend-Tax Cut | 8/25/2003 | See Source »

...fear of the fallout, Seoul's favored unification formula is a glacial process of investment and economic exchanges that slowly develop the North's economy, leading to peace, then a common constitution and parliament, and ultimately formal unification. Even if the Kim regime suddenly collapses, the think tankers favor installing an interim government in Pyongyang until the North can catch up economically...

Author: /time Magazine | Title: Reunification | 8/25/2003 | See Source »

...opponents during the country's "Dirty War" two decades ago. Human rights groups claim that about 1,000 officials - implicated in the murder of as many as 30,000 people during the military dictatorship between 1976 and 1983 - could be prosecuted as a result. With President Nestor Kirchner in favor of sweeping away the protection, only the Supreme Court could stand in the way of future convictions. Safe and Sand MALI Fourteen hostages were freed after being held for up to six months in the Sahara desert by Muslim extremists. The nine Germans, four Swiss, and one Dutch national were...

Author: /time Magazine | Title: World Watch | 8/24/2003 | See Source »

These questions are currently smoldering in the U.S. Senate, the U.S. House having stampeded through a bill last May that seemed aimed more at currying favor with the timber industry than at establishing a broadly acceptable framework for action. Fearful that thinning might become Orwellspeak for logging, environmental groups have taken the position that cutting down small trees is appropriate only as a protective measure in the forested strips that abut human settlements. Uncomfortably wedged in the middle are Covington and his allies, who see thinning, undertaken responsibly, as perhaps our last chance to restore ecological health to an increasingly...

Author: /time Magazine | Title: Fireproofing The Forests | 8/18/2003 | See Source »

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