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TIME EUROPE
FEBRUARY 21, 2000 VOL. 155 NO. 7


Cover S P E C I A L   R E P O R T

The Decline and Fall of Lloyd's of London

Renowned insurance institution Lloyd's of London stands accused of perpetrating a massive and deliberate swindle which has destroyed the finances and lives of investors on both sides of the Atlantic. Now, as Lloyd's and some of its ruined Names prepare to square off in a British court, the flurry of accusations and recriminations continues


Always a Risky Business: From marine insurer to market powerhouse--the evolution of Lloyd's
Counterpoint: The Lloyd's Perspective
The Personal Dimension: A tale of two cousins



E U R O P E

No. Ireland: No Farewell to Arms
Britain resumes control of Northern Ireland's government following the I.R.A.'s refusal to surrender its weapons

Austria: The Right Way?
Austria's Freedom Party faces the challenges of government

Chechnya: Landscape of Horror
Russian troops may have "pacified" Grozny, but the war isn't close to over

Russia: Ivan the Ill
Post-Soviet trauma is to blame for the soaring number of Russians in a sad state of mental health

B U S I N E S S

New Targets

In the wake of Vodafone's hostile takeover of Mannesmann, other European companies look ripe for the picking


On the Scent

Fragrance houses are chasing a greater share of a saturated marketplace


T H E  A R T S

Television: Nowhere to Hide
Voyeuristic programs draw a growing audience--and fire from critics

Books: The Age of Enlightenment
The Sun in the Church reveals the role of churches in computing the modern calendar




A F R I C A

Congo: A Bitter Struggle
Vicious conflict has brought death and misery to the Democratic Republic of Congo

M I D D L E   E A S T

Israel: Searching for Peace
After a week of turmoil in Lebanon, Israel's talks with Syria have stalled. Can Barak salvage them?

E N V I R O N M E N T

Thailand: Nothing to Trumpet About
Starving in the villages, unwelcome in the cities, Thailand's hard-working national symbol, the elephant, has no place to call home

M E D I A

Revamped and Ready to Rumble
A redesigned version of the Wall Street Journal Europe ups the ante in the growing battle for the Continent's business readers

Naughty and Nice
Erotic magazines get a feminine boost

D E P A R T M E N T S

To Our Readers


World Watch



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