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...family wanted him to concentrate on politics. Indeed, the sale provides the Prime Minister with a vast war chest should he decide to campaign for a third term. But the motivation could also be commercial: an offer too good to refuse at a time when Thailand's telecom sector is being deregulated and will become more competitive...

Author: /time Magazine | Title: Big Deal, Rough Edges | 2/6/2006 | See Source »

...from side to side, Mittal's onslaught gave many Europeans a high-profile reason to reflect on how globalization is transforming the way their economies work and shifting the balance of power not just from West to East and rich to once-poor, but from government regulation to private-sector free enterprise. "The state's ability to prevent this takeover is extremely limited," conceded Patrick Ollier, president of the French parliament's economic affairs committee...

Author: /time Magazine | Title: Nerves Of Steel | 2/5/2006 | See Source »

...finance as if they had degrees from the best graduate schools in the U.S. (which of course many have). The best Indians, by contrast - and this was before the news broke of Lakshmi Mittal's audacious bid for Europe's steel giant Arcelor - were business leaders from the private sector, already building brands (as very few Chinese firms yet have done) with a global reputation. This speaks to a significant difference in the Chinese and Indian economies. Mittal may have spurred protectionist talk from some European politicians, but at least his bid for Arcelor cannot be dismissed on the grounds...

Author: /time Magazine | Title: Down from the Mountain | 2/4/2006 | See Source »

...addition to his proposal to increase federal funds for science research, Bush also advocated making the research and development tax credit permanent to spur innovation in the private sector...

Author: By Lois E. Beckett, CRIMSON STAFF WRITER | Title: Bush Promises Boost for Science | 2/1/2006 | See Source »

...question is now before the Indian courts, which have received moving written testimony from Etienne Le Guilcher, 66. In 1961, he was proud to serve as a mechanic on the then newly commissioned Clemenceau. But after 18 years in various navy engine rooms and another 22 as a private-sector heating technician, Le Guilcher is gravely ill with asbestosis. "We think it's completely illegal to send this boat to a foreign country," he tells Time, his conversation punctuated by hacking coughs. "If we don't want to poison France, why should we poison another country?" The Indian Supreme Court...

Author: /time Magazine | Title: Troubled Waters | 1/22/2006 | See Source »

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