Related Articles: The Flight That Wasn’t
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BRIC Builders
6/25/2009 12:00:00 AMThe first summit of leaders from the world's biggest emerging markets ended with demands for a greater voice in the global financial system and a more diversified monetary system. But the inaugural formal gathering of the BRIC (Brazil, Russia, India, and China) nations had a symbolic weight far greater than its closing statements from the Russian city of Yekaterinburg last week. Brazilian Foreign Minister Celso Amorim spoke to Russian NEWSWEEK's Leonid Ragozin at the meeting about BRIC's goals, American unilateralism, Cuba,, and whether the U.S. dollar should remain the world's reserve currency. Excerpts:
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The Capitalist Manifesto: Greed Is Good
6/13/2009 12:00:00 AMA specter is haunting the world—the return of capitalism. Over the past six months, politicians, businessmen and pundits have been convinced that we are in the midst of a crisis of capitalism that will require a massive transformation and years of pain to fix. Nothing will ever be the same again. "Another ideological god has failed," the dean of financial commentators, Martin Wolf, wrote in the Financial Times. Companies will "fundamentally reset" the way they work, said the CEO of General Electric, Jeffrey Immelt. "Capitalism will be different," said Treasury Secretary Timothy Geithner.
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The InternationaList: June 8, 2008 issue
5/30/2009 12:00:00 AMTo understand how Dear Leader managed the turnaround, it's important to debunk a few myths. First, the North Koreans haven't been living in caves for the past two decades. Instead, with help from Beijing, Pyongyang has revamped its outdated infrastructure, including important mining facilities. Second, the North doesn't have to rely on the black market to support itself. True, Pyongyang has sold missiles to Iran, Syria and Pakistan, but annual revenue from such exports is only about $100 million, and other illicit activities like drug trafficking and counterfeiting add very little to that sum.
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AMERICA AND ITS IMAGE
Where Bush Was Right
12/31/2008 12:00:00 AM"Change" was the magic word of this year's campaign. In his speech to the Republican convention, John McCain—a 26-year Washington veteran—promised to change "almost everything" that the U.S. government does. Barack Obama, of course, put the word "change" into seemingly every campaign sign, TV ad, and sound bite.
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COVER STORY: INTERNATIONAL
What Bush Got Right
8/9/2008 12:00:00 AMCompared with the flutters and flurries of the near-daily polls in the presidential race, one set of numbers has stayed fixed for months, even years. President George W. Bush now enters his 23rd consecutive month with an approval rating under 40 percent. (It currently stands at 32 percent.) No matter what he does, or what happens in the world, the public seems to have decided that Bush has been a failure. As a result, both candidates are promising a change from the Bush presidency. Barack Obama, of course, promises a wholly different approach to the world. But even Bush's fellow Republican, John McCain, has on several issues suggested that he would depart from the administration's policies. McCain was last seen with the president at a fund-raiser more than two months ago at which no reporters or photographers were allowed.
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Let's Calm Down
10/19/2006 12:00:00 AM
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