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During warfare, a sudden lull in hostilities can sometimes be mistaken for a truce. But in the battle between French President Jacques Chirac and his hyper-ambitious Finance Minister, Nicolas Sarkozy, don't bet on seeing a white flag. Last week France's worst-kept secret was confirmed by the news that Sarkozy will seek the presidency of Chirac's own Union for a Popular Movement (ump) party. The wildly popular Sarkozy, a shoo-in to grab the ump's leadership position in November, will try to use the party's mighty electoral machine to win the 2007 presidential election...

Author: /time Magazine | Title: Ready For The Showdown | 9/5/2004 | See Source »

...failed to predict the upset wins of Paul Keating in 1993 and Steve Bracks in 1999. And I.E.M. traders wrongly predicted in 2000 that Bush would win the popular vote as well as the presidency. In early July, Centrebet manager Gerard Daffy had several calls from people wanting to bet on the date of the election. He didn't open a book "for obvious reasons," he says. If he had, punters would have had another miss: "The date they were looking for was Sept...

Author: /time Magazine | Title: For a Winner, Follow the Money | 8/31/2004 | See Source »

...truth, the Games weren't anti-American; they were anti-Goliath. Just ask the British sprinters who beat the supposedly unbeatable U.S. by a hair in the men's 4 x 100-m relay. Was victory sweeter because it came at the expense of the Cousins? You bet it was. And that win changed everything for the British men; without it, they would have left the Athens track without a single medal. The medals table, especially the gold column, reflected global political and economic patterns that have been playing out for more than a decade. The main event was between...

Author: /time Magazine | Title: Up, Up and Away | 8/29/2004 | See Source »

...Candrea took her advice. He bet one player that he'd tattoo his arm if she tattooed a home run. He let star pitcher Jennie Finch spray glitter in her teammates' hair. But at the end he couldn't stop the tears. Carrying big bats on their shoulders and heavy feelings in their hearts, the U.S. women's softball team pounded Australia 5-1 at the Olympic Softball Stadium on Monday, clinching its third straight gold medal...

Author: /time Magazine | Title: Golden Girls | 8/24/2004 | See Source »

...poised to make winemaking more of a fiesta. "By September," Silva gushes, "we plan to offer a high-end hotel with a restaurant, polo games during tastings, Chilean rodeo and horseback riding" beneath the Andes. Casa Silva and many other Chilean wineries are partying because their high-stakes bet--a red-wine grape called Carmenere--is paying off. Brought to South America from France in the 1800s, Carmenere was rediscovered in Chile in the 1990s as a delicious compromise between the robust Cabernet Sauvignon and the softer Merlot--and a chance to market a signature Chilean wine. Casa Silva...

Author: /time Magazine | Title: The Global Life: Tierra del Vino | 8/23/2004 | See Source »

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