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...eight countries posted gains during the year after the Olympics. (The big loser was Germany, where stocks fell 26%, while South Korea gained less than 1%). "Hopefully at some point this year, there will be an upswing in the [China] markets," said Paul Cavey, a China analyst with Macquarie Research. "What's needed is only a turn in sentiment." But that's dependent upon factors such as an easing of China's inflation rate, not on China's success in track and field events. "It is a mistake to try to tie China's stock-market performance to the Olympics...

Author: /time Magazine | Title: Fool's Gold | 4/17/2008 | See Source »

...world is catching up fast, and global growth prospects are huge, especially for so-called premium vodkas. "There was no way that an ambitious company like Pernod Ricard could pass up an opportunity to acquire Absolut, even though it has cost them dear," says senior drinks company analyst Jeremy Cunnington of Euromonitor International...

Author: /time Magazine | Title: Stiff Drink | 4/17/2008 | See Source »

...just a few months after they'd taken control of Cuba, Fidel Castro and his younger brother Raul met at a Houston hotel for a showdown. Fidel was touring the U.S. to win support for his revolution; but Raul, according to the book After Fidel by former CIA analyst Brian Latell, insisted they ditch the gringos and accelerate plans to make Cuba a communist island. The argument got so loud and heated in their suite that aides in adjoining rooms couldn't sleep. The next morning, however, the brothers emerged as chummy as ever - and went on, of course...

Author: /time Magazine | Title: Castro Family Values: Fidel vs. Raul | 4/17/2008 | See Source »

...share power. They remember 2005, when Kibaki dismissed many members of his Cabinet - including Odinga - because it was riven by internal strife. The political deal has brought many of those same faces back to power. "What we are seeing is not a new situation," says Barasa Tiberius, a senior analyst at the Institute of Policy Analysis and Research. "We are seeing history repeating itself. How can they stick together now if they differed on the way forward last time...

Author: /time Magazine | Title: Can Kenyan Power-Share Plan Work? | 4/14/2008 | See Source »

...praised Professor William Schneider, who taught Penn polling and now works as a CNN senior political analyst, and also said he greatly enjoyed his introductory economics class...

Author: By Peter F. Zhu, CONTRIBUTING WRITER | Title: Grads Lead the Clinton Camp | 4/11/2008 | See Source »

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