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...Israeli army may have lost its aura of invincibility along the way. And for that, Prime Minister Ehud Olmert and his top generals could pay dearly. The once decisive Prime Minister looked dithery last week after twice postponing a major ground offensive. With Israeli tanks revving their engines and more than 20,000 troops advancing into Lebanon, Olmert had good reason to be cautious about a long-lasting ground invasion. By Saturday, the war had cost 131 Israeli lives, 91 of them soldiers. And a major thrust 14 miles north to the Litani river--as envisioned by Halutz...

Author: /time Magazine | Title: Israel and the Bombs | 8/14/2006 | See Source »

...made it successful can also work against it. As the city prospered, wages went up, along with a host of other expenses. According to Chinese government statistics, the average annual salary in Shenzhen has surged by about 40% since 2000 to more than $4,000 last year. That's twice the average wage in other major cities like Chongqing. Higher costs are undercutting the profit margins of labor-intensive industries that have been the backbone of Shenzhen's economy. Greg Gong, CEO of Taiwan-based Further Tech, opened a factory in Shenzhen three years ago to make consumer-electronics gear...

Author: /time Magazine | Title: The Birth and Rebirth of Shenzhen | 8/14/2006 | See Source »

...buying Japan's venerable Yashica Camera Co. and its Contax brand. And Toshiba all but stepped away in 2004. How, then, are other digital-camera vendors going to eke out a living? It won't be easy: two weeks ago, Kodak reported a $282 million second-quarter loss, almost twice that for the same period last year. Low industry-wide profit margins mean that competing on price will be difficult. Consumers can already buy a decent camera for as little as $80. Although iSuppli, a California-based research firm, says the cost of producing a camera will continue to decline...

Author: /time Magazine | Title: The Digital Camera Fights for Survival | 8/13/2006 | See Source »

...number of radicalized young men." Polls bear out that conclusion. In a survey for Britain's Channel 4 this year, no less than 22% of Muslims agreed with the proposition that the subway bombings were justified because of "British support for the war on terror." Those under 24 were twice as likely to excuse the attacks as those over 45. A recent Pew study found that 15% of British Muslims identify themselves with fundamentalists. And among those British Muslims surveyed, a remarkable 81%--a percentage higher than that for Muslims not just in France and Germany but also in Egypt...

Author: /time Magazine | Title: Such Lovely Lads | 8/13/2006 | See Source »

...which still airs Saturday Night Live. And finally you would not expect that network to debut a second show about a sketch-comedy series. (Tina Fey's comedy within a comedy, 30 Rock, debuts in October.) But when you're in fourth place, you'll try anything--twice--and NBC and producers insist that Studio 60 is about not SNL but a fictional lame sketch show. Studio 60 is from West Wing producers Aaron Sorkin and Thomas Schlamme, and the show's style is West Coast Wing: the same banter, high-pressure setting and speechiness. But Hollywood-insider stories...

Author: /time Magazine | Title: What's Unavoidable, Unmissable and Uncovered This Fall | 8/13/2006 | See Source »

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