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Dates: during 2000-2009
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...along, but with nearly 90% of its exports going to the U.S., the country really had little choice. And Fernández's party delayed implementation, which allowed a pipeline of infrastructure projects to go to favored contractors without the fuss of open bidding required by the new accord. That includes the subway contract, which went to Diandino Peña, who is Fernández's biggest financial supporter. "Transparency is an evil word here," says Kevin P. Manning, president of the local American Chamber of Commerce. Fernández has likened the subway to Paris' Eiffel Tower, which also faced opposition...

Author: /time Magazine | Title: Emerging Markets: Tropical Paradox | 4/16/2006 | See Source »

...likely to be on the front lines of a full-blown sectarian conflict. What they have to say won't necessarily bolster hopes that Iraq can avoid all-out civil war indefinitely. But few militia members interviewed by TIME believe that they are fighting one now. Their assessments largely accord with those of U.S. military intelligence: that while rival death squads roam unchecked, for now civil war is in no one's interest but al-Zarqawi's. Militants on both sides say U.S. forces remain a bigger enemy than their countrymen. "The elements for civil war are all there," says...

Author: /time Magazine | Title: Can Iraq's Militias Be Tamed? | 4/2/2006 | See Source »

...suggesting that Mexico may need to renegotiate NAFTA, especially with regard to U.S. agriculture subsidies, a prospect that alarms the Bush Administration. In a recent stump speech, L?pez called unabated Mexican migration "proof of the Mexican economic failure" in the NAFTA era, and he called for a "new cooperation accord with the U.S." to address Mexico?s development...

Author: /time Magazine | Title: Bush in Mexico: Whatever Happened to NAFTA? | 3/30/2006 | See Source »

...L?pez hasn?t yet made clear what that "cooperation accord" would entail. But his likely victory points up an undeniable reality: whether or not NAFTA is really to blame for continued rampant illegal immigration into the U.S., it certainly hasn't delivered on its promises to help curtail it. To destitute farmers in Oaxaca, that is reason enough to renegotiate at least parts of it. And if the U.S. is really serious about reducing illegal immigration, it might eventually be reason enough for Bush...

Author: /time Magazine | Title: Bush in Mexico: Whatever Happened to NAFTA? | 3/30/2006 | See Source »

...Kyoto accord on climate change did nothing to slow growth in China and India because as developing countries they are not required under the protocol to make cuts in carbon emissions--and that is not likely to change after the agreement expires in 2012. Both countries are desperate for energy to fuel the economic expansion that is pulling their citizens out of poverty, and despite bold investments in renewables, much of that energy will have to come from coal, the only traditional energy source they have in abundance. Barbara Finamore, director of the Natural Resources Defense Council's China Clean...

Author: /time Magazine | Title: Global Warming: The Impact of Asia's Giants | 3/26/2006 | See Source »

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