Word: tanks
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...peace offensive gets off the ground, the Israeli and Palestinian belligerents may not notice. In just the last month, the ferocity of the conflict has taken on new dimensions. The catalyst for the current round of hostilities was the Feb. 14 bombing of an Israeli Merkava Mark 3 tank in the central Gaza Strip, which killed three Israeli soldiers. An Israeli official told Time the bomb contained the high-density plastic explosive C-4, large amounts of which the Israelis believe are being smuggled into Gaza through tunnels running under the Egyptian border. "It's frightening to think that...
...ground level of this ’50s-style diner is complete with red booths, a checkered floor and several television sets. Upstairs is a darker bar with loud, though not blaring, rock music and a jukebox. Patrons can order food and drinks on both floors. A big lobster tank immediately inside the front door indicates the type of food served here: classic New England pub grub. Any one of the 15 or so brews on tap (most are around $4.50) perfectly complements the greasy beer fries ($2.95). The casual establishment, which has been thriving for over 50 years...
...continued a grim downturn in the fortunes of the Israeli Defense Force in the West Bank and Gaza over the past week. Tuesday night's casualty count will be made more painful by the fact that it followed last Friday's loss of a heavily-armored Merkava-3 battle tank and three of its crewmen to a sophisticated roadside bomb in Gaza. On the same day, the commander of Israel's most feared unit on the West Bank died under the collapsing wall of a house being destroyed by his forces. The escalating body count underscores the new reality: that...
...post-war high of 5.6%. A survey by Koizumi's office finds that 65% of the population are feeling insecure and fearful of the future - higher than at any point since 1958. "Our wealth," says former Vice Minister of Finance Eisuke Sakakibara, now director of an economic think tank and professor at Keio University, "is slipping away...
...Stanley's chief economist for the Asia Pacific region. "Japan has not evolved into a postindustrial econ-omy. Its dominant role in manufacturing isn't sustainable, not with countries like China gradually taking over this role." According to a recent study by the Japan Research Institute, an economic think tank, if Japanese companies continue to shift production to China at the rate they are now, Japan's envied $48.96 billion trade surplus will slip away entirely and become a deficit within five years. "Japan has to move up the economic ladder, and shift trade from goods to services and intellectual...