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...international interest worries some guardians of Asian culture. True, a handful of newly rich Chinese businessmen have invested in contemporary art, while members of the Indian diaspora snap up artwork with local themes to decorate their overseas homes. Nevertheless, it is foreigners - particularly European, American, Japanese and Singaporean collectors - who are driving the modern Asian art boom. The result has been a massive flight of contemporary art from the region. Exacerbating the trend is a dearth of quality modern-art museums in India, China and Vietnam. In August, the central Chinese city of Dujiangyan announced it was lavishing some...

Author: /time Magazine | Title: The Color Of Money | 11/1/2007 | See Source »

That can hardly be said of Tunisia's business executives, who are busily promoting their country as an ideal launching pad for foreign investors seeking a cheap, well-located route into Europe's markets. Fifteen Tunisian businessmen flew to Washington in October to pump that message to Congressmen and executives, and a group of U.S. businessmen is slated to arrive in Tunis this month to scout for opportunities. At Eurocast, the aircraft-parts maker, engineering manager Bakir says revenues should jump from $5 million to $7 million next year, as more Western companies sign contracts. To him, the possibilities...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...Sudan literally has to build a nation from dust and rubble. It has yet to implement a system of income taxes and trade duties to regulate the economy. Still, Juba's potential is radiating beyond its borders, and a bustling cross-country trade is under way, as newly certified businessmen from Kenya and Uganda flood in, eyeing the oil riches and selling everything from eggs to cellphones. If the entrepreneurs are hearing war drums, they are not letting alarm get in the way of a lucrative deal...

Author: /time Magazine | Title: Where Sudan Is Booming | 10/31/2007 | See Source »

That mistrust provides fertile ground for the Kaczynski brothers' conspiracy-minded brand of politics. Founded in 2001, PIS promised to rid Poland of what it calls the uklad, a supposed cabal of former communist officials and businessmen who they claim have controlled the country since 1989. Radek Sikorski, a former PIS member and Defense Minister, says the Kaczynskis were elected in 2005 because "they reflected the public mood of disgust with the previous regime." They are clearly at pains to project a simple, clean-living image. Jaroslaw, the Prime Minister, lives with his mother and a cat and does...

Author: /time Magazine | Title: Relative Values: The Kaczynski Brothers | 10/11/2007 | See Source »

...Many of these people are businessmen or bankers," says Karen Keb Acevedo, editor-in-chief of Hobby Farms. "They start on weekends, wanting a better quality of life." The hot spots, she says, are in areas that are one to three hours outside of big cities on both coasts and throughout the Southeast...

Author: /time Magazine | Title: Back Home on the Hobby Farm | 10/11/2007 | See Source »

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