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...Israelis want to keep us poor and ignorant," says Amar Hamad, chairman of the Palestinian Industries Federation. "Businessmen were the last layer of society who believed that prosperity would bring peace with Israel. Now they don't believe that...

Author: /time Magazine | Title: The Devastation of Gaza: From Factories to Ice Cream | 1/28/2009 | See Source »

...Israeli Defense Forces (IDF) says it chose its targets carefully, to minimize destruction to surrounding property and human lives. And the IDF accuses Hamas of putting ordinary Gazans in harm's way by firing rockets at Israel from within crowded neighborhoods. But several businessmen interviewed by TIME insist that no militants were taking refugee inside the factories bombed by Israel. "They're targeting factories to make us dependent on the Israeli economy," claims Hamad...

Author: /time Magazine | Title: The Devastation of Gaza: From Factories to Ice Cream | 1/28/2009 | See Source »

...annual meetings to encompass more global issues. The collapse of the Bretton Woods fixed exchange system, which pegged the value of foreign currencies to the US dollar, and the Arab-Israeli War in 1973 introduced political and economic elements to the Davos discussions, and political leaders joined the European businessmen at the following meeting in January 1974. By 1976, membership in the forum was extended to the "1,000 leading companies of the world...

Author: /time Magazine | Title: The Davos Conference | 1/27/2009 | See Source »

...very lucky, and I haven't. I own my own company, so I've never had businessmen telling me what to do or getting worried if something doesn't sell. I've always had my own access to the public, because I started off making my clothes for a little shop and so I've always had people buying them. I could always sell a few, even if I couldn't sell a lot, and somehow my business grew because people happened to like it. I'm in a fortunate position...

Author: /time Magazine | Title: 10 Questions for Vivienne Westwood | 1/14/2009 | See Source »

...national pride, then opposition leader Silvio Berlusconi had railed against a complete takeover by the French-Dutch carrier last year. But this fall, after returning to the Prime Minister's office, Berlusconi was forced to face the reality that Alitalia's coffers were running dry. A consortium of Italian businessmen were encouraged to step in to salvage Alitalia in a deal that merged it with Italy's No. 2 carrier, Air One, But the implicit understanding was that a foreign partner would also have to be found...

Author: /time Magazine | Title: Why Air France-KLM Bought 25% of Alitalia | 1/12/2009 | See Source »

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