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...Worth raising a glass to, right? But all last week's election in Brazil got from Wall Street was a Bronx cheer. The Brazilian currency, the real, continued a slide that, apart from a brief rally after an International Monetary Fund (IMF) rescue package last August, has gone on all year. In the markets, interest rates on Brazilian bonds (a proxy for the extent to which Wall Street regards investment in Brazil as a risk) are running more than 20 percentage points above comparable U.S. securities...

Author: /time Magazine | Title: Brazil's Election Something to Celebrate | 10/14/2002 | See Source »

...taste of our own medicine, I wonder who's the doctor, and what's the prescription. TIME: Why do you live in France? Malkovich: Because I love it here. People assume it's because of something I don't like about America. But that's not it. Life is brief. I spent 35 years in America and as far as I know, I only have one life. I've never had a bad day here. TIME: What do mean when you say you're frightened by the ugliness around us? Malkovich: I mean intellectual corruption, religious teachings, and more than...

Author: /time Magazine | Title: Crossover Artist | 10/13/2002 | See Source »

...around the corner from a five-star hotel is one of the city's cacophonous street markets. For most Turks, Istanbul will always be the capital. The port city boasts Turkey's best arts, culture and entertainment. Since the 1980s, tourism has been booming - it quickly rebounded from a brief slump after Sept. 11 - and the country's rapid economic liberalization has multiplied the options for visitors. Deluxe accommodation ranges from meticulously renovated Ottoman mansions to modern luxury hotels. A classy evening meal can be enjoyed at the renovated Maiden's Tower, which dates from the 6th century, or Changa...

Author: /time Magazine | Title: What's Old Is New Again | 10/13/2002 | See Source »

Pinocchio's Family Tree Since Carlo Collodi first brought his puppet to life in The Adventures of Pinocchio, in 1883, there has been no shortage of fresh interpretations. Disney's animated classic is the most renowned, but the piny protagonist has launched a thousand remakes. A brief history...

Author: /time Magazine | Title: A Tale Of Two Pinocchios | 10/13/2002 | See Source »

Pinocchio's Family Tree Since Carlo Collodi first brought his puppet to life in The Adventures of Pinocchio, in 1883, there has been no shortage of fresh interpretations. Disney's animated classic is the most renowned, but the piny protagonist has launched a thousand remakes. A brief history...

Author: /time Magazine | Title: A Tale Of Two Pinocchios | 10/13/2002 | See Source »

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