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...vastly different landscape, where Old Economy companies, values and business fundamentals like real revenues and profits have reasserted themselves, and where risk and euphoria have been displaced by disillusionment, caution and blame. "It was an expensive lesson," says Bernd Hardes, a venture capitalist who co-founded ECONA AG in Berlin. Says Elserino Piol, president of Italy's Pino Venture Partners: "We've come to the end of the pioneer cycle." Venture capitalists are at the heart of that change. Before the markets turned south, such folks had a clear, highly lucrative exit route from almost any dotcom in which they...

Author: /time Magazine | Title: Nothing Ventured | 3/19/2001 | See Source »

...officers have you shot today?" Danilov's campaign is successful. The Germans, upset by anything that helps the Russian morale, and needing a morale boost themselves since their officers are being picked off one-by-one by bullets that seem to come from nowhere, send their prize sniper from Berlin, Major Koenig (Ed Harris) to get Vassily. It is not clear how Major Koenig knows perfect Russian (or in this case English), but understanding his enemies is just all in a day's work for him. Koenig is always one step ahead of Vassily, and in scene after nail-biting...

Author: By Sarah E. Kramer, CRIMSON STAFF WRITER | Title: No 'Enemy' of Mine | 3/16/2001 | See Source »

...wasn't supposed to be this way. The Cold War was supposed to have ended 11 years ago. The fall of the Berlin Wall and the subsequent collapse of European communism convinced us of the arrival of a "New World Order"--which promised to create a world where the United States and Russia could achieve unparalleled levels of cooperation and where arms races would give way to capitalist competition. However, the events of the past few weeks have made it suddenly feel a lot more like 1971 than...

Author: By Nader R. Hasan, | Title: Cold War Nostalgia | 3/7/2001 | See Source »

...Atlantic Alliance. Yawn. Or perhaps a ritual bow is the more appropriate response. It's a Great Worthy, one of those things politicians shower with clichés about D-day and the Berlin Airlift before shifting their speeches to the interesting stuff. We heard it last week when George W. Bush met Tony Blair for the first time to wave the torch of the Anglo-American "special relationship." Said Bush: "This is a chance for me to tell the Prime Minister how dedicated my administration will be to an alliance that has made a huge difference in the world...

Author: /time Magazine | Title: What Kind of Allies? | 3/5/2001 | See Source »

...Restaurants specializing in alternative meats are beginning to crop up across Europe. Le Carnivore in the French city of Nantes regularly serves up such delights as kangaroo brochette, ostrich tartare and bison steak. Wooloomooloo, an Australian restaurant in Berlin, has cleared beef off its menu and now features kangaroo, ostrich and crocodile. For the truly adventurous, the Springbok Café in Chiswick, west London, has been doing what owner Peter Gottgens calls a "roaring trade" in blesbok, impala, kudu, warthog and zebra. Since wild game roams freely and eats natural vegetation, Gottgens calls it "the ultimate organic meat-real organic...

Author: /time Magazine | Title: Life Without Beef | 2/26/2001 | See Source »

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