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Nonetheless, more Arab businesses are breaking out of the bazaar, using know-how gained from negotiating the Middle East or simply leveraging the financial power provided by the current oil-revenue bonanza to conquer markets far from home. Whether they sell traditional carpets and inlaid furniture or deal in mega real estate developments and cell-phone services, Arabs are moving their wares across the Middle East and throughout the world. "There is no escaping it," says Egyptian Minister of Trade and Industry Rachid Mohammed Rachid, a former Unilever executive and a leading Arab voice for globalization. "We have to make...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

...really want us to be friends and conquer the business world together," MICHAEL JACKSON once told former porn producer F. Marc Schaffel's answering machine. But Schaffel is suing the pop star for $1.6 million in debts allegedly accrued while he managed Jackson's finances. The singer's lawyer says Schaffel is just another associate who took advantage of Jackson's "almost childlike" nature. As the trial unfolds, details of the star's unusual fiscal choices are emerging...

Author: /time Magazine | Title: People | 7/10/2006 | See Source »

...Heilongjiang University in Harbin. "Some say the relationship has peaked, but I think it's more like a couple in love: they've decided to marry and now what's left is to learn to live together on a day-to-day basis." Even so, love may not conquer all. China is Russia's biggest customer for military equipment, but Moscow still has enough concern about China's intentions that it won't sell Beijing its best stuff. China wanted a new 4,100-km oil pipeline to go from Siberia directly into its territory, to ensure control over supplies...

Author: /time Magazine | Title: Russia's New World Order | 7/2/2006 | See Source »

From that day forward, T.R. became a fierce champion of what he called the "strenuous life," a self-imposed struggle to live with vigor and determination. He boxed and pulled at weight machines, and his chest expanded along with his capacity to breathe. To conquer his fragility he began, wrote a friend, "constantly forcing himself to do the difficult and even dangerous thing." Years later, T.R. wrote in his autobiography that his life changed forever because he set fearlessness before him "as an ideal" that by dogged practice he achieved. Advised that he had a bad heart and shouldn...

Author: /time Magazine | Title: The Self-Made Man | 6/25/2006 | See Source »

...Scientists like Heather Chapman, program leader at the Cooperative Research Centre for Water Quality & Treatment, would love to conquer the "yuck" factor that dominates the recycled-drinking-water debate worldwide. She insists the feared health risks of chemicals in water-from fertility problems to cancers-have been overstated and the effectiveness of modern processes for removing contaminants undersold. "The treatment processes are very, very efficient," Chapman says. "Nothing is completely risk free, but the risk of these things is so tiny compared with the risks that we are exposed to daily, like getting in a car." She says scientists need...

Author: /time Magazine | Title: Not a Drop to Drink? | 5/29/2006 | See Source »

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