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...national and personal background may contribute to his fondness for bright lines staunchly defended. Nigeria is a country where boundless enthusiasm and resources coexist with harsh factionalism, not the least between Muslims in its north and Christians in its south. Akinola, born into the Yoruba tribe, itself divided by the two faiths, was shaped in a crucible of the religious strife that has by now taken thousands of lives on both sides. That experience, combined with his naturally combative and entrepreneurial nature, made him a fearless herald of Christ. Starting when he became a bishop in 1989, Akinola developed Nigeria...

Author: /time Magazine | Title: At the Center of a Schism | 2/8/2007 | See Source »

...Beijing may have good reason to apply the brakes. In frothy markets, investors tend to form unrealistic expectations about companies' prospects because they buy into an ill-founded theme, whether it be consumer demand for tulip bulbs or, in this case, the notion that China's economic growth is boundless. David Webb, an independent investor based in Hong Kong, says that's what's happening with many China stocks. "Once you get past the hubbub, the fundamentals behind these prices just aren't there," Webb says...

Author: /time Magazine | Title: Taming China's Dragon Market | 2/1/2007 | See Source »

Beijing may have good reason to apply the brakes. In frothy markets, investors tend to form unrealistic expectations. They buy into an ill-founded theme, whether it's about future demand for tulip bulbs or, in this case, the notion that China's economic growth is boundless. David Webb, an independent investor based in Hong Kong, says that this is what's happening with many China stocks. "Once you get past the hubbub, the fundamentals behind these prices just aren't there," he notes...

Author: /time Magazine | Title: China: China Braces For A Bubble | 2/1/2007 | See Source »

...currently unfolding in Somalia will be awfully familiar. Back before the Berlin Wall fell, localized power struggles all over the continent often turned into full-scale regional wars when the protagonists cast themselves, or were cast - however improbably - as torch-bearers for Washington or Moscow. Such association would bring boundless diplomatic and financial support, not to mention boatloads of weapons and other military assistance, enabling local strongmen to wage self-serving wars for years on end. There's no Cold War any longer, of course, but in the case of Somalia, the "Global War on Terror" may be having...

Author: /time Magazine | Title: A Dark Deja Vu in Somalia | 12/27/2006 | See Source »

...Lilliputians always enjoy snaring a Gulliver, so many in the world will have a sense of glee that American power is not boundless. They should contain their pleasure. In one of the best books of 2005, Michael Mandelbaum of Johns Hopkins University made "the case for Goliath," arguing that a nation that usually behaves tolerably well could provide a network of security beneficial to all. In the past 50 years, the U.S. has taken the lead on everything from rebuilding Europe after World War II to saving the Asian economies from their own excesses in the 1990s...

Author: /time Magazine | Title: A Superpower Made Ordinary | 12/16/2006 | See Source »

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