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...markets all over the world that businesses have missed. One study found that the poorest two-thirds of the world's population has some $5 trillion in purchasing power. A key reason market forces are slow to make an impact in developing countries is that we don't spend enough time studying the needs of those markets. I should know: I saw it happen at Microsoft. For many years, Microsoft has used corporate philanthropy to bring technology to people who can't get it otherwise, donating more than $3 billion in cash and software to try to bridge the digital...

Author: /time Magazine | Title: Making Capitalism More Creative | 7/31/2008 | See Source »

...there's one thing the Irish vote taught Brussels, it's that the E.U. has to work harder at getting its message out. Lobbyists expressed chagrin that they spend their days concentrating so hard on wooing the E.U.'s élites that they forgot to tell Europe's citizens why Brussels' work was important. Younger staff and stagiaires - many of whom hadn't been around for the Dutch and French votes in 2005 - were indignant that Brussels' industry went unrecognized: "I see my boss, every day - you can't believe how hard she works!" says Cécile Astuguevieille...

Author: /time Magazine | Title: EU: Vision Limited | 7/30/2008 | See Source »

...party has been trounced in recent by-elections, and voters blame him for the country's sputtering economy. So as Gordon Brown and his family spend their summer vacation at a beachside town on England's east coast this week, you might understand why Britain's Prime Minister hasn't ventured further. Amid whispers that colleagues are plotting to replace him, staying within earshot of Westminster (and taking along his Downing Street staff) is a good idea. And for the price of an ice cream, or the hire of a deck chair in the Suffolk resort of Southwold, he might...

Author: /time Magazine | Title: Reading Into Leaders' Vacation Spots | 7/30/2008 | See Source »

...famously flipped burgers with President Bush at the Commander in Chief's oceanfront retreat in Kennebunkport, Maine last summer (Sarkozy didn't stay with Bush but based himself in Wolfeboro, New Hampshire). And what of Sarko's "buddy," the Democratic nominee Barack Obama? He's going to spend a week in his native Hawaii come mid-August, though is still planning to hold a fund raiser during the trip. But at least Obama will have some downtime: his Republican rival John McCain hasn't even announced whether he's going to take any vacation...

Author: /time Magazine | Title: Reading Into Leaders' Vacation Spots | 7/30/2008 | See Source »

...would be conducive to better communication. “That’s also my style,” Frenk said. “I believe in dialogue, in listening so that I can understand better the challenges and needs of faculty and students.”Frenk, who spends most of his time in Mexico City when not traveling, said that he will be coming to Boston every month starting September to immerse himself in the community at the School of Public Health and familiarize himself with the issues facing faculty and students.Additionally, Frenk said that he hopes...

Author: By Paras D. Bhayani and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Former Mexican Health Minister To Lead Harvard School of Public Health | 7/29/2008 | See Source »

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