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...steady growth. There's a long way to go. Around one-third of South Africans still live on $2 a day or less. At the same time, Manuel has also helped transform how the rich world views the poor one. Globalization has given new status to places like Brazil, China, India, Russia and South Africa, but the institutions that manage the global economy - the U.N., the World Bank, the International Monetary Fund - still reflect the world as it was at the end of World War II. Manuel was one of the first to point this out and has consistently championed...

Author: /time Magazine | Title: Trevor Manuel: The Veteran | 3/25/2009 | See Source »

...already has 14,000 orders for the new Camaro since unveiling the first concept car in 2006. Never export oriented, GM is preparing to sell the car in 20 countries such as China, Saudi Arabia and Brazil. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Detroit Tries Muscle: The Return of the Camaro | 3/21/2009 | See Source »

...informal grouping that has none of the bureaucratic trappings that can help ensure fine words are turned into concrete action. Reaching a consensus among the U.S, Japan and Europe in the old G7 cartel was hard enough; doing so in the G20, which includes China, India, Russia, Brazil and Mexico, is exponentially harder. It doesn't help that members' interests vary so sharply. China, for example, owns so much U.S. government debt that it's publicly worrying about American financial stability. Washington, by contrast, has thrown fiscal discipline to the wind as the Obama Administration seeks to spend...

Author: /time Magazine | Title: The G20's Chance Meeting | 3/19/2009 | See Source »

...feel besieged," a Vatican official says of the Pope. Many offices within the Holy See, according to this source, are now working "in great fear" of making further missteps (which have recently included controversies in Brazil and Austria). "The right hand doesn't know what the left hand is doing," he says. The good news on Tuesday, at least, was that Benedict's Alitalia flight lifted off on time. (See pictures of the Supreme Pontiff...

Author: /time Magazine | Title: A Besieged Pope Benedict Gets Some Love in Africa | 3/17/2009 | See Source »

...Venezuelan President Hugo Chavez. The Chavez gambit may have helped defeat the leftist candidate in Mexico's presidential election in 2006, but it didn't work in El Salvador on Sunday - chiefly because Funes successfully painted himself as an ally of the more moderate Latin left headed by Brazil's President Luiz Inácio Lula da Silva...

Author: /time Magazine | Title: El Salvador's Left Wins with the Ballot, Not the Bullet | 3/16/2009 | See Source »

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