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Although Egypt routinely wins the continent-wide African Nations Cup, it has not made it to the World Cup since 1990 (when it booked its passage with a win over Algeria). Being represented on the premier stage of the global game is no small feat for a country that is...

Author: /time Magazine | Title: Cairo Braces for a Soccer Bombshell | 11/18/2009 | See Source »

French President Nicolas Sarkozy has spent the past year hammering away at the excesses of American-style capitalism. In September, European Commission President Jose Manuel Barroso declared that workers' rights and "social cohesion" were top priorities on the Old Continent. And Italy's veteran Economy Minister, Giulio Tremonti, went out...

Author: /time Magazine | Title: Europeans Sour on American-Style Capitalism | 11/17/2009 | See Source »

Top-level meetings between China's leaders and their African counterparts have been occurring at the frequency of at least one every month. What is Beijing up to? When China declared 2006 to be the "Year of Africa," hosted 48 African nations at the annual 2006 China-Africa summit and...

Author: /time Magazine | Title: China Woos Africa — And Not Just For Its Resources | 11/16/2009 | See Source »

There are weaknesses to Beijing's great plan. For example, cheap Chinese goods flooding the continent sacrifice African jobs, sparking a backlash against the Chinese presence. Corruption is serious, institutions are weak and political risk in various African countries remains high, meaning the possibility of social and economic breakdown is...

Author: /time Magazine | Title: China Woos Africa — And Not Just For Its Resources | 11/16/2009 | See Source »

Although he left behind incensed colonials and an outraged, critical press after his tropical stories were published, it is undeniable that Asia unlocked some deep well of creativity in Maugham. Hastings makes the unimpeachable case that posterity will remember Maugham, first and foremost, for these undeluded, worldly-wise, sometimes shocking...

Author: /time Magazine | Title: The Drama Queen: William Somerset Maugham | 11/16/2009 | See Source »

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