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Recessions are supposed to be a good time for small companies to grab competitors' business and grow - but if Britain's small cap market is anything to go by, many of those firms are struggling. The Alternative Investment Market (AIM), the London Stock Exchange's junior market for dynamic and fast growing smaller firms, has been hammered over the past year. The main index of its shares has slumped by 50% since the same time last year, far more than the losses on the FTSE 100, an index of Britain's leading shares. In the opening quarter of 2009, AIM...

Author: /time Magazine | Title: London's Small-Stock-Market Blues | 5/12/2009 | See Source »

...exactly going to be stranded on the island à la Tom Hanks in Castaway? Oh no, my girlfriend is looking forward to it! She's coming out for the full six months and friends and family can drop in as they see fit. My aim is for other people to be ambassadors for the Barrier Reef...

Author: /time Magazine | Title: Ben Southall: The Best Job in the World | 5/8/2009 | See Source »

...Liberals in Russia fear the law may punish and silence new - and possibly more accurate - interpretations of the country's history and solidify the government's control of the past. But the real aim of the law may be to provide the Kremlin with another rhetorical tool with which to attack governments of former Soviet Republics and Eastern Bloc countries that have increasingly moved towards the West. The most recent example - which is still making waves in Russia - was the 2007 row in Estonia over the moving of the statue of a Red Army soldier from a central Tallinn square...

Author: /time Magazine | Title: Russia Moves to Ban Criticism of WWII Win | 5/8/2009 | See Source »

...might want to stay aggressive, because Starbucks won't go away quietly. The company is introducing a grande iced coffee for under $2 this summer, and the company has said it will lower prices on basic drinks in some markets. Starbucks has also just launched print ads taking direct aim at the quality of other coffee brands like McDonald's and Dunkin' Donuts. "Beware of a cheaper cup of coffee. It comes with a price," reads one ad. "If your coffee isn't perfect, we'll make it over," says another. "If it's still not perfect, make sure...

Author: /time Magazine | Title: Latte with Fries? McDonald's Takes Aim at Starbucks | 5/7/2009 | See Source »

...Instead of building empires abroad, Republicans should aim to balance their books at home. We should not only fight to conserve tax dollars but also work as aggressively to defend the environment. As Reagan once said, conservatives are supposed to conserve...

Author: /time Magazine | Title: How the Republicans Can Come Back | 5/7/2009 | See Source »

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