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...appetite overseas buyers are developing for U.S. assets could be easily spoiled, however. Asian investors are keenly aware of opportunities elsewhere. They are on the lookout for signs that Americans will not welcome foreign purchases of domestic companies-they remember the Congressional opposition to the bid by CNOOC, the Chinese oil giant, for U.S.-based Unocal. If barriers are raised against the acquisition of U.S. assets, then the dollar will be dumped on the foreign-exchange market and money will flow into currencies in countries where such investments will be welcome. And if foreigners turn away from dollar investments...

Author: /time Magazine | Title: Greenback Mountain | 7/19/2007 | See Source »

...TIME: In September you rebuffed Yahoo's offer to buy Facebook for nearly $1 billion. Before that, Viacom put up a $750 million bid. And about two months ago you clearly said Facebook would stay independent. Is that still the plan...

Author: /time Magazine | Title: The Future of Facebook | 7/17/2007 | See Source »

...Summer Olympics, held in Los Angeles during the worldwide Great Depression, could aptly be referred to as the hard-luck games. No other city even bid to host the Games, and fewer than half as many athletes took part in the Games as had participated in 1928. U.S. President Herbert Hoover didn't even attend the Games. That clearly didn't matter, however, to Alice Eileen Wearne, who ran the 100-m dash but did not earn a medal. Wearne went on to participate in the 1938 British Empire Games, which were held in her hometown of Sydney, finished third...

Author: /time Magazine | Title: Milestones Jul. 23, 2007 | 7/12/2007 | See Source »

...bid was dealt a setback by a committee from Taiwan's cabinet that voted to reject the referendum proposed by Chen's Democratic Progressive Party. But Chen has vowed to forge ahead and find a way to get it on the ballot. "I am sure that next year referendums on several issues will be held in tandem with the presidential election," he told the Washington Post last weekend...

Author: /time Magazine | Title: Taiwan's President Calls for Vote | 7/11/2007 | See Source »

...bid was dealt a setback by a committee from Taiwan's cabinet that voted to reject the referendum proposed by Chen's Democratic Progressive Party. But Chen has vowed to forge ahead and find a way to get it on the ballot. "I am sure that next year referendums on several issues will be held in tandem with the presidential election," he told the Washington Post last weekend...

Author: /time Magazine | Title: Taiwan's Independence: By Hook or By Crook? | 7/10/2007 | See Source »

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