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Vincent Cheng bristles at the suggestion that ethnicity played a part in his becoming chairman of Hongkong & Shanghai Banking Corp. last month. "I don't see myself as different from my Indian or British colleagues," he says. But Cheng--the former anticolonial student leader who is the first Chinese to head the once colonial bastion--has long defied expectations. After being detained in the early 1970s while protesting for better treatment of Hong Kong's poor, he became an in-house adviser to the colony's British Governor in the late 1980s. Now he will have to prove...

Author: /time Magazine | Title: China's New Banker | 6/20/2005 | See Source »

...around, not having to worry about elections." Twice, Mandelson had to resign from Blair's government because of perceptions that he traded favors and influence with major Labour Party donors, although he was formally cleared in 2001 of using improper influence to obtain a British passport for the wealthy Indian businessman Srichand Hinduja. Yet Mandelson's pro-European views are long-established and sincere, according to people who know him well. Denis MacShane, recently sacked as Britain's Europe Minister, says: "Peter is a staunch, convinced European. He wants a successful Europe; he wants a social model, but one that...

Author: /time Magazine | Title: The Commish | 6/19/2005 | See Source »

Bihar is one of the sorriest places on earth. The eastern Indian state is the poorest and most illiterate in the subcontinent. Extortion and gang wars are rife, thousands of people die in floods every few years, and NASA recently discovered a cloud of smog over Bihar five times as dense as that over Los Angeles. It's not a place where you'll find many tourists, and certainly not somewhere you'd expect a center of scholarly excellence...

Author: /time Magazine | Title: Shelf Life | 6/13/2005 | See Source »

...main event starts next month at Lord's, venue for the first of five Tests. McGrath needs one wicket to take his tally in Tests to 500, a mark reached by only three other bowlers. If he can manage 21 wickets for the series, he'll pass the West Indian Courtney Walsh as the game's most prolific fast bowler. Though vanity is frowned upon in Australian cricket, there's no point McGrath claiming that these milestones are unimportant to him. During a televised awards ceremony earlier in the year, it emerged that he's able to recall, in detail...

Author: /time Magazine | Title: Legend of Lord?s | 6/13/2005 | See Source »

...could scarcely be higher. The toll of the 9/11 attacks would probably pale alongside a successful attack on a nuclear plant near a major metropolitan area. A recent study by Edwin Lyman, a physicist with the Union of Concerned Scientists, estimates that if terrorists triggered a meltdown at the Indian Point nuclear power plant, 35 miles north of New York City, as many as 44,000 people could die from radiation poisoning within a year, and as many as 518,000 could perish eventually from cancers spawned by the attack. Millions of people in the greater New York area would...

Author: /time Magazine | Title: Are These Towers Safe? | 6/12/2005 | See Source »

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