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Another factor in Deere's shrinking U.S. presence is that its biggest opportunities will be overseas: 60% of its current business is in North America, 40% in the rest of the world. Allen knows that ratio will change drastically. "Emerging markets hold the most potential," Buckingham Research Group analyst Joel Tiss says. "It makes no sense to open a new dealership in Dubuque, Iowa, anymore when they could put it in Santiago, Chile, where they can do 10 times the volume." Sales in South America are expected to rise as much...

Author: /time Magazine | Title: Deere's Harvest | 3/22/2010 | See Source »

...these films trailed Alice in Wonderland, whose $34.5 million made it the box-office champ for a third straight week. The fanciful collaboration of Tim Burton and Johnny Depp has earned $265 million in North America and an additional $300 million abroad to become the biggest worldwide hit since Avatar, which is still in the top 10 after 14 weeks. (See James Cameron's special effects...

Author: /time Magazine | Title: Box Office: Alice and Wimpy Kid Whip Jenni-Butt | 3/21/2010 | See Source »

...true under Calderón's more conservative National Action Party (PAN), which has ruled Mexico since 2000 and whose voter base resides in the country's more U.S.-friendly north. And then, perhaps most important, Mexico for the past decade has been waging an increasingly horrific war against its drug cartels, whose narcoinsurgency has afforded the government little time and energy to deal with coups in Central America or human-rights violations in Cuba...

Author: /time Magazine | Title: As Brazil Rises, Mexico Tries to Amp Up Its Own Clout | 3/20/2010 | See Source »

...agree or disagree. Restaurants didn't matter in the culture the way they do now. Ordinary Americans west of the Hudson and north of the Harlem didn't know, or care, what was going on in the culinary avant-garde. They were still stuck eating at Lum's. Now, thanks to all the things the ancient regime most loathes - the Food Network, Top Chef, Eater and other blogs, Tony Bourdain, Momofuku mania, Rachael Ray, celebrity-chef restaurants - America has become as turned on by food as any Ford-era gourmand. But they lack the one thing that the old guard...

Author: /time Magazine | Title: In Praise of the Endangered Restaurant Critic | 3/16/2010 | See Source »

...before Ratzinger became Pope in 2005, he issued a resounding call for reform in the church, saying, "How much filth there is in the church, and even among those ... in the priesthood" - widely believed to have been a reference to the abuse scandals affecting the church's standing in North America and other parts of the world. The church's reputation in Germany has taken a beating from the daily drip of new allegations. A poll published by the TNS Emnid Institute on Sunday found that 71% of Germans believe the abuse scandal has damaged the credibility of the Catholic...

Author: /time Magazine | Title: German Priests' Sex Abuse Scandalizes Church | 3/15/2010 | See Source »

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