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...they'll invest in Indian papers. Supporters of the cap point out that many countries have restrictions on foreigners entering their newspaper market?why shouldn't India? Then there's the claim that without the cap, illicit money could enter the local industry. "Would you want funds that have terrorist linkages to enter the media?" asks M.J. Akbar, one of India's most respected journalists and editor in chief of the Asian Age newspaper. Critics don't think much of that argument. Many feel that the real reason the cap stays at 26% is that India's powerful newspaper barons...

Author: /time Magazine | Title: Fishing for the News | 9/19/2005 | See Source »

...time new refineries come online around 2010 global oil demand is projected to be 89 million bbl. a day, compared to 83.5 million now. Who's to say how much refining will be needed then? In the meantime, a secondary oil shock - be it another hurricane or a terrorist attack - could give all of us a nasty taste of what oil dependency really means. Just a few weeks ago, George W. Bush suggested Americans might need to think about how much oil they use. When this President starts talking about conservation, you know it's time to ditch...

Author: /time Magazine | Title: Refining the Problem | 9/18/2005 | See Source »

...decision that leads to the killing of innocents is something that we reject. We simply do not accept this kind of approach against Sunnis, against Shi'as, against Christians, against Jews. But I think there is a link between [al-Zarqawi] and the continued occupation of Iraq. [Terrorist violence] is perhaps the best excuse to continue the occupation. This is why it is so important to let the people of Iraq stand on their own feet. And they are perfectly capable of ensuring their own security...

Author: /time Magazine | Title: 10 Questions for Mahmoud Ahmadinedjad | 9/18/2005 | See Source »

...troops call it Route Barracuda, a patch of terrorist territory in the northern Iraqi town of Tall 'Afar, where thousands of U.S. and Iraqi forces have converged for the biggest battle in nearly a year. On this sweaty September afternoon, the neighborhood is living up to its name. A squad of U.S. commandos enters an abandoned house and clambers up to the roof. The 2-foot lip doesn't give much cover from the bullets raining down on them from insurgent gunmen firing from a building 200 yards to the north. Rounds flying at supersonic speed crack inches from...

Author: /time Magazine | Title: Chasing the Ghosts | 9/18/2005 | See Source »

...support of the Israeli pullout from Gaza. Louis Farrakhan of the Nation of Islam called Katrina judgment for the Iraq war. The Christian Civic Group of Maine noted that the hurricane struck just as New Orleans was planning a huge gay-rights festival. A Kuwaiti official said, "The Terrorist Katrina is One of the Soldiers of Allah." There was, in other words, broad agreement in some far-reaching quarters that Katrina represented God's punishment, just no consensus...

Author: /time Magazine | Title: Where Was God? | 9/15/2005 | See Source »

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