Word: linke
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...fired from the mainland, 160 km away. Beijing fears the new systems would give the island a military edge, whereas Taiwan says the Aegis would merely even the score against the 300 mainland missiles aimed at it. Beijing is also worried that the radar could eventually allow Taiwan to link up with Washington's regional defense shield. "Of all the arms the U.S. could sell, Aegis is the worst," says China's chief arms negotiator, Sha Zukang. "We hate this idea...
...general elections. "There's a lot of propaganda here," says Massimiliano Valente, an expert in relations between Italy and the Holy See. "A minister can't deal with a sovereign state without following the diplomatic channels." Vatican officials have repeatedly quoted scientists claiming there is no link between electromagnetic transmissions and health problems. The officials point out that a special bilateral commission began negotiations on the problem more than a year ago. They also note that the transmitters fall well within the limits for electromagnetic emissions established by the European Union, and that Italy is the only E.U. country with...
...sniffing for deals in China's online market. AOL Time Warner, which publishes TIME, is said to be the furthest along. Sources say it has held intense negotiations with Beijing's politically well-connected Legend Computer about forming a joint venture that would then snap up Netease. Rumors link Microsoft with Sina. (Spokesmen for Microsoft and AOL deny there are any deals in the works.) Amid all the jockeying, Yahoo!'s plans seem the murkiest. International expansion may no longer be a major priority: many of Yahoo!'s most senior international executives have resigned, among them Savio Chow, managing director...
...This week, the Appeals Court judges took a different view, arguing that there is no direct causal link between the site's plea for "evidence" and the deaths of several doctors and clinic workers listed on the site, and cited the distinction between a direct threat and secondhand encouragement. If the site "merely encouraged unrelated terrorists," Judge Alex Kozinski wrote, "then their words are protected by the First Amendment...
...this gloom has you ready to cash in your stocks and put the money in a mattress, stop right there. The critical link between the stock market and the economy is this: the stock market always looks ahead. The barrage of poor earnings, layoffs and dismal headlines that has driven stocks to this low point is over. That's not to say there won't be more negative news; there almost certainly will be. But at some point the stock market will have anticipated the worst and begin to move higher, even in the face of recession-like conditions...