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...certainly isn't. Hong Kong's economy, though recently more vibrant, has for more than five years left locals with less cash to risk on the ponies. Wong's main customer base is aging, and the club has struggled to attract young replacements. Chan Man-kam, a 29-year-old computer-software salesman, was once a racetrack regular. But lately, he says he prefers meeting with friends at a bar where he can watch his beloved Manchester United football club on a big-screen TV. "Horse racing is boring for our generation," he says...
...disarmament talks with neighboring countries and the U.S. makes the North an increasingly worrisome misfit in the international arena, and there are signs that Kim is facing unprecedented challenges at home. He recently purged his brother-in-law, Jang Song Taek, for trying to set up his own power base in the military, according to South Korean intelligence testimony to Seoul lawmakers last week. Jang may have been an obstacle to Kim's plans to some day hand power over to one of his three sons, according to the testimony. Kim himself inherited power from his father, Kim Il Sung...
...generation. As co-managing directors at Reliance Industries, Anil handled finance while Mukesh oversaw strategic projects. The pair found a safe vent for sibling rivalry by creating distinct fiefdoms among Reliance's smaller subsidiaries. Under Mukesh, Reliance entered the highly competitive mobile-phone market and quickly garnered a subscriber base of more than 7 million, becoming the country's largest wireless carrier. Anil directed the group's push into power generation. Investors, both in India and abroad, were impressed by the conglomerate's results. "Reliance's performance spoke for itself," says Martis. In the six months from April to September...
...robbery and assault, though the charges were later reversed. Genial but wooden tongued, more fluent in Russian than Ukrainian, Yanukovych is reminiscent of a Soviet-era party boss, an image aided by his almost 2 m, 109-kg frame. That style goes down well in his conservative home base in the Donbass, Ukraine's industrial powerhouse, where the Russian-leaning (and -speaking) population tends to view his rival, Viktor Yushchenko, as a pawn of the West. After what his official biography calls his "youthful indiscretions," Yanukovych worked as an engineer, a factory manager and the Governor of Donetsk before President...
...that reveals whether the party will try to resurrect itself by turning to the center or by stoking the anti-Bush anger of its left. Two leading contenders are emerging. Howard Dean is being urged to run by liberal activists convinced he is the best chance for channeling the base's ire into a national message. But the more centrist group believes that Dean is the last person the party needs. Iowa Governor Tom Vilsack was calling labor leaders and others last week, asking them to hold off backing Dean for a few more days as Vilsack decides whether...