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...reshaping of the landscape," says Hassan Heikal, CEO of EFG-Hermes Holding SAE, a Cairo investment bank, over cocktails at the Four Seasons First Residence--itself the product of a partnership among a local investor, a Saudi prince and a Canadian hotel mogul. "There is a new breed of CEOs who are willing to go outside their own borders and take risks. I'm very bullish on the Middle East for the next 10 to 20 years." With that, Heikal, considered the whiz kid of Egyptian high finance, was off to dinner with another of Cairo's leading young CEOs...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

...Fermin celebrated the arrival of prized jamón ibérico products to the U.S. for the first time. The plum-colored ham, considered by some to be the finest in the world, wasn't the only cured meat taking center stage at the show, though. La Quercia Rossa Heirloom Breed Culaccia dry-cured ham was both salty and sweet, Principe's truffled ham was luxurious, and S. Wallace Edwards offered American- style serrano with paper-thin slices of its WigWam...

Author: /time Magazine | Title: Food: A Taste of the Future | 7/16/2006 | See Source »

...eventually returns home with Misha, Viktor and the penguin soon have to flee from a Kiev mafia boss turned parliamentarian. Their escape route involves a yacht trip to Argentina with a Bosnian-Serb family wanted as war criminals. Luckily for Misha, Argentina boasts islands inhabited by birds of his breed. After stints in Ukraine and Chechnya, what more could a tuckered-out penguin ask for? Flightless birds aren't the only characters in Kurkov's absurdly realistic landscape. In his 2004 novel, The President's Last Love, Russian President Vladimir Putin duly steps down when his second term expires...

Author: /time Magazine | Title: March of the Penguin | 6/25/2006 | See Source »

...what does Khamenei want? In Tehran, speculation about the cleric's ambitions and the future of his partnership with Ahmadinejad is a parlor game of government insiders. Though Khomeini's doctrine of velayet-e faqih grants Khamenei divine right to rule, Khamenei is a breed apart from most Shi'ite mullahs, who still abide by premodern strictures. "He wears a watch," says an intimate, to illustrate how Khamenei differs from his fellow clerics. He hikes in jeans in Tehran's Alborz Mountains and plays the tar, a traditional Iranian stringed instrument. On religious issues, Khamenei is a conservative...

Author: /time Magazine | Title: Iran's Power in the Shadows | 6/25/2006 | See Source »

...most nuanced mind of Roosevelt's day, was exactly right when he called him "pure act." Roosevelt entered the White House after three decades during which Congress had consistently had the upper hand over the President. He lost no time in making it plain that he was a different breed. The "imperial presidencies" that followed his, from those of Franklin Roosevelt to Lyndon Johnson to George W. Bush, all owe something to his example. When Congress did nothing to curb the power of the trusts--huge monopolistic corporations--Roosevelt simply directed his Justice Department to start bringing suits. When Congress...

Author: /time Magazine | Title: The Making of America — Theodore Roosevelt | 6/25/2006 | See Source »

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