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...then complain about an incredible shrinking Europe? Clearly, Asia's economies are growing more quickly than those in Europe and the U.S. Great - Europe, too, benefits from this development. Europe is the biggest foreign investor in Asia and the biggest importer of Asian goods. This has contributed to some 400 million Asians escaping from poverty. Contrary to Professor Mahbubani's assertion, Europe is indeed "looking towards Asia...
...billionaire investor has taken control of 10 casino properties in the past three months and is currently vying for three more. He grabbed control of nine Tropicana Entertainment casinos, including the Tropicana in Atlantic City, acquired the partly built Fontainebleau megacasino in Las Vegas and is currently in a contentious bidding war with Donald Trump for control of three Trump-branded casinos in Atlantic City. (Read TIME's cover story on casinos in Las Vegas...
Still, many investors and analysts are eyeing Icahn's move closely. Some wonder if his move into the sector is a sign to start putting investment chips back on the table and roll the dice on companies with big exposure to the U.S. gaming market. "[Carl Icahn] has always been a very astute investor," concurs Clyde Barrow, a casino expert and professor at the University of Massachusetts at Dartmouth. "There's a lot of upside potential, and if you're investing for the long term, now is the time to buy." (See pictures of hard times in Las Vegas...
...Buffett who steals the show, as shots of the billionaire investor singing and swaying à la Axl Rose from a spotlight-illuminated stage are juxtaposed throughout the 2-min. 24-sec. video. His grand finale comes in the final 30 seconds when he stretches out his tattoo-laden arm to an unseen audience and croons into the mike, "You bring out the best in me / You can always turn to me ... / We're always true to you / We'll do it all for you ..." (See 10 big recession surprises...
...date, in fact, the only thing crystal clear is the market's verdict on Google's stand. And however noble Google's anti-censorship stand may be, one of its large institutional investors (who did not want to be identified publicly) no doubt speaks for many when he says, "There are still a lot of us who can't believe they are going to be out of the Chinese search market; that they've effectively made this choice." But out is what the world's dominant search company will apparently be. "I guess," says the investor, "we just...