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...that level of consumption, 100 to 150 million who have just started that journey, and the rest who are at the "bottom of the pyramid" or BOP, in Bijapurkar's shorthand. However, though its members earn less than a dollar a day, the BOP also forms a significant consumer base, says Bijapurkar, and businesses like microfinance have successfully tapped this segment. Indeed, Bijapurkar says, the vast majority of Indian consumers may have limitations but they also have huge potential: low education is matched by high exposure to what's available in the marketplace, thanks to the satellite TV and Internet...

Author: /time Magazine | Title: A Microcosm of How India Shops | 1/2/2008 | See Source »

While Al-Qaeda in Iraq is now surrounded by enemies and has seen its base of support dry up, there has been no corresponding decline in the fortunes of militias like the Mahdi Army. Sadr declared a cease-fire at the end of August after his militia took the blame for fighting in the holy city of Karbala. But it retains its ability to fight other militias in southern Iraq. It is also still active in Shi'ite neighborhoods of Baghdad, even though its leaders have held back from fighting American troops for control of the streets. In fact...

Author: /time Magazine | Title: Exit Al-Qaeda. Enter the Militias? | 1/1/2008 | See Source »

Thus, in contrast to AQI, the Mahdi Army enters 2008 with its military capability and its base of support largely intact. If the political or military dynamic changes in 2008, the militia's leadership could just as easily choose to once again unleash its fighters. By mid-summer the surge will be over, and U.S. troop strength will be back where it was in late 2006. So, if the cease-fire does end, the U.S. will not be fighting with the 30,000 reinforcements that contributed to the gains of 2007. It will also face an adversary with strong support...

Author: /time Magazine | Title: Exit Al-Qaeda. Enter the Militias? | 1/1/2008 | See Source »

...This is all good news for the Thompson campaign, which may find itself placing third because it upsets the party's base the least. While McCain spoke Thursday morning, Thompson did interviews with talk radio hosts who had gathered in Des Moines at the behest of the Federation for American Immigration Reform, a group that supports a crackdown on illegal immigration. His new position on the issue is a substantial shift from last year, when Thompson said in a Fox News interview that it was not realistic to expel the roughly 12 million illegal immigrants who are here...

Author: /time Magazine | Title: Republicans Battle for Iowa Bronze | 12/27/2007 | See Source »

...With this sort of folksy encouragement, Huckabee has bet that what he lacks in organization, he can make up for in enthusiasm, especially among the party's religious base. "Huckabee has a very active, passionate organization on the ground, but the campaign just isn't organized," said one veteran Iowa operative working for a rival Republican campaign. "He's got natural networks out there that are doing it themselves." These include some of the same networks that allowed Huckabee to place a surprise second in the August Ames straw poll: home schoolers, Bible study groups, and well-organized supporters...

Author: /time Magazine | Title: How Will Huckabee's Populism Play? | 12/26/2007 | See Source »

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