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...Europe's turn to run the world? The prevailing mood at this year's World Economic Forum meeting in Davos was that the U.S., once the home of irrational exuberance and dotcom mania, is just so 20th century. Yet the five members of TIME's Board of Economists, which convened in the Swiss ski resort, were less than unanimous. No one disputed that the U.S. economy is slowing and could even grind toward a recession, though most agreed that a recovery would come by late this year. The hottest debate was over Europe's ability to isolate itself from...
Before Russia's 1998 economic crisis, when the ruble collapsed, local oil moguls were certain of their ability to lure Western companies into developing the long-neglected fields. They know better now. "Russia has learned its lesson," says Glenn Waller, head of the Petroleum Advisory Forum, an association of Western energy majors invested in Russia. "It can't rely on old fields. It needs to develop new ones. And to do that it needs capital and expertise...
Source: Social Investment Forum...
...Surovy) has settled for suburban prosperity and forgetfulness. Shine (Jonathan Silverman), the son of a man who played with them, effects a reconciliation while pursuing Daniel's daughter (Alexa Fischer). Leight won a Tony for Side Man, also about musical lives. This play, now at Los Angeles' Mark Taper Forum, is slicker, more manipulative. It is saved by Spencer (of TV's West Wing), whose towering rage at the dying light is awesome and hilarious...
...member Duretti Fufa '02 told the group that "attending the forum would give us ideas for issues to discuss...