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...allow virtually unfettered foreign competition in some sectors of its domestic economy. "It's a tougher deal than even China got," says Jonathan Pincus, a Hanoi-based economist for the United Nations Development Programme (). For example, next April, Vietnam must allow foreign banks to set up their own branch offices in the country, without requiring them to partner with domestic lenders as banks wanting to enter China have been obligated to do. Vietnamese law now protects its state-dominated insurers by banning foreign insurance companies from selling to individuals, but that will change under the WTO. The stakes are high...

Author: /time Magazine | Title: Vietnam Trades Up | 11/13/2006 | See Source »

...Gore), but he then had the audacity to beat John Kerry and John Edwards. The mention of their defeat is usually when “the sad eyes” emerge—that look that fills you with the hopelessness of a Kerry-Edwards-less executive branch. Proposed response to phase two: stay still...

Author: By Vanessa J. Dube | Title: Hiding in the Conservative Closet | 11/8/2006 | See Source »

...else remains so loyal to the dark honesty of the blues with enough creativity to prevent it from getting old. There is an honesty to their songs, accentuated in their live performance, that seems to call out to everyone and no one at once.While the White Stripes branch out, and other blues-rock combos have fallen by the wayside, Auerbach and Carney make use of prodigious talent and a big helping of soul to render each plaintive song a new thrust deeper into a universal pain. Last Thursday, as Auerbach shook his shaggy mane and rolled his eyes into...

Author: By Henry M. Cowles, CRIMSON STAFF WRITER | Title: Southern Blues-Rock Duo Pounds the Avalon | 11/8/2006 | See Source »

...That familiar victor's olive branch did little to placate worried Republicans, who are preparing for life under a Democrat-led House, which will mean the loss of subpoena power and committee chairmanships that comes with defeat. G.O.P. strategists blamed the defeat on two factors: badly run races in the northeast and the wave of scandal that overtook the party. "The scandal seats clearly hurt us and our performance in the northeast was not good," said National Republican Campaign Committee spokesman Carl Forti. But he claimed some solace in races the party appeared likely to pull out in Connecticut...

Author: /time Magazine | Title: And Now, Madame Speaker | 11/8/2006 | See Source »

...such as tort reform and and limits to late-term abortions, probably wouldn't be put on the floor for votes if Democrats ran the House. And Mayhew's research does show that hearings and investigations increase dramatically with divided government, as one party seeks to embarrass the executive branch of the other. So expect to see lots of subpoenas flying from the offices of Democrats Henry Waxman and John Conyers, who would head the Government Reform and Judiciary committees, respectively...

Author: /time Magazine | Title: Will a Divided Congress Mean Gridlock? | 11/6/2006 | See Source »

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