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...Russia stable and well-off. But they also believe that the economic crisis might bring opportunities for a political rapprochement. Some hope that the recession might just make the Russian leadership a little more humble or at least trigger reforms that would make it easier for the E.U. to strengthen trade and investment links...

Author: /time Magazine | Title: Europe and Russia's Continental Rift | 7/13/2009 | See Source »

...When President John F. Kennedy put McNamara in the Pentagon, he gave him two orders: strengthen civilian control of the military and make the nation's armed forces work better. McNamara, educated at the University of California, Berkeley and the Harvard Graduate School of Business, tilted power away from the uniformed Joint Chiefs, who had held sway during the Truman and Eisenhower administrations, and toward his own team of brainy young civilian experts. McNamara's "whiz kids" engaged in the kind of "qualitative analysis" he had used to turn Ford around and which he believed would lead to a better...

Author: /time Magazine | Title: Robert McNamara Dies: No Escape from Vietnam | 7/6/2009 | See Source »

...risk could be reduced if U.S. consumer demand for Japanese products began to strengthen, or if the government introduced additional stimulus spending. Due to budget constraints, says Shirakawa, the latter is unlikely. Japan currently spends 4% of GDP, an unusually high ratio for a developed country, to service its burgeoning debt. But a pickup in consumption is possible, he says. The savings rate in the U.S. has increased in the past few months, and consumers may be feeling more confident that they can now spend a little more. That could provide some relief to Japan's battered export sector; Japanese...

Author: /time Magazine | Title: Japan's Economic Green Shoots Could Wither Fast | 7/1/2009 | See Source »

...important, Sands has been beefing up the management ranks by hiring experienced bankers from troubled competitors. Since August 2007, StanChart has brought in about 100 senior executives from the likes of Bear Stearns, Lehman Brothers, Citigroup, UBS and others. "I think there are opportunities for us to significantly strengthen our franchise," says Sands. Analysts believe StanChart's nuts-and-bolts approach will continue to serve it well. "They are taking on less risk but making more money," says Daniel Tabbush, banking analyst with CLSA in Bangkok. Isn't that what banking is all about...

Author: /time Magazine | Title: Position Player | 6/29/2009 | See Source »

...power - was a reflection of the region's new upper- and middle-class fear. But the Honduran coup seems more troubling because it feels more archaic. And that gives Chávez and company even more political fuel for their rhetorical assaults on Washington, which they can use to strengthen not only their regional sway but also their domestic power, which currently faces serious challenges as their economies struggle...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

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