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...missile defense, and is making a concerted effort to restore Moscow's influence in some of the capitals that most perplex U.S. policy makers - Pyongyang, Havana and Belgrade. There's nothing ideological about this. It's just a pragmatic, calculating attempt to assert the national interests of a newly capitalist Russia on the global stage, playing Moscow's weaker hand to maximum advantage. And he'll prove quite a match for the next U.S. administration if its conception of foreign policy is limited to exporting democracy...

Author: /time Magazine | Title: There's More to Life than Democracy, Madeleine | 6/30/2000 | See Source »

...Grapes: A small, round fruit. Debate over whether to serve grapes in the dining halls was the biggest political controversy at Harvard since the '60s. Enjoy your brunch delicacy, capitalist...

Author: By The CRIMSON Staff, CRIMSON STAFF WRITER | Title: Harvardisms: Harvard for Beginners | 6/23/2000 | See Source »

...junior Joshua Newman, 20, scampered across campus this spring, he wasn't thinking too much about finals. He was more concerned with raising $10 million by the fall--and then giving it away. A native of (where else?) Palo Alto, Calif., Newman just happens to be a budding venture capitalist, one of the early-stage investors who fund high-tech ventures before they go public, in exchange for a potentially lucrative stake. His fledgling fund, Paradigm Blue, plans to give about $500,000 to promising dorm-room start-ups that can't possibly get a meeting with the cozy club...

Author: /time Magazine | Title: Testing Time for the VCs | 6/19/2000 | See Source »

...former venture capitalist then refocused the company on telecommunications with acquisitions worth more than $1 billion. Today Elektrim boasts more than 2.5 million subscribers through its voice, video, mobile and fixed-line telephone networks. Early last year Elektrim clashed with the German giant Deutsche Telekom over a controlling interest in wireless company PTC. Lundberg has apparently prevailed, but a lawsuit launched by Deutsche Telekom in Polish courts blocked further investments and forced her to take out a loan that increased PTC's debt load 55%. It took a last-minute $1.2 billion sale to Vivendi of a 49% share...

Author: /time Magazine | Title: Mrs. Big's Big Deals | 6/19/2000 | See Source »

Presiding over inter-Korean peace has multiple advantages for the Chinese: South Korea has become a major investor in China's newly capitalist economy, and Beijing is hoping that delivering a more pliant Pyongyang to the negotiating table - as China appears to have done - will cement its ties with Seoul. Besides transferring responsibility for the North Korean basket-case economy to Seoul, it also raises China's prestige as a responsible and powerful regional problem-solver. Beijing wouldn't be at all sad to see the departure of all those U.S. troops from its doorstep, and it would look...

Author: /time Magazine | Title: Who Wins, Who Loses as the Koreas Start Kissing | 6/16/2000 | See Source »

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