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...another recent episode has become emblematic of both Berlusconi's grip on the press and the potential for new media to undermine his control. On Feb. 25, an Italian court dismissed the case against a lawyer who had been found guilty of taking bribes from Berlusconi. The court made no ruling on the evidence - it simply closed the case because the 10-year statute of limitations had expired. But when RAI's flagship channel reported the news during its lunchtime broadcast, the presenter announced that the lawyer had been "acquitted" of the charges. Until recently, the comment would have gone...

Author: /time Magazine | Title: New Media Shaking Up Italy's Media Landscape | 3/27/2010 | See Source »

...more than $1 billion. With 7,249 branded stores in China, Li Ning has surpassed Adidas to become the No. 2 sports-apparel company in the country. Unlike an Adidas or a Nike, 99% of Li Ning's revenue comes from within China. But this won't be the case for long. Li Ning has signed a deal with Champ Sports, where 67 of its retail outlets in the U.S. will start selling Li Ning products. Li Ning Co. is also testing the waters in Singapore with a new showroom and has collaborated with Dutch rapper...

Author: /time Magazine | Title: Can China's Big Shoe Brand Make Tracks in the U.S.? | 3/26/2010 | See Source »

...levy would raise is unclear. If the Germans use the U.S. plan - which calls for a tax of 0.15% on liabilities at about 50 banks and other financial institutions - Germany could raise as much as $12 billion a year. Would that be enough to protect banks in the case of another meltdown? Of course, proper government and regulatory scrutiny can guard against a repeat of the recent crisis. But in the event of a disaster on a similar scale, "you're never going to get a fund big enough to cover all that," says Simon Maughan, a banking analyst...

Author: /time Magazine | Title: In Europe, a Tax on Banks Gains Momentum | 3/26/2010 | See Source »

...case of the mountain gorilla is unique, in part because Virunga is a highly visible flagship park that has no trouble getting money or attention. At the same time, conservationists say it may provide a lesson: De Merode and his team essentially decided to do everything themselves, relying on the park rangers rather than the government to go after the rebels threatening the apes. Given that government troops sometimes trade with rebels or take part in the mineral and charcoal trades, they could actually be part of the problem...

Author: /time Magazine | Title: Is Chinese Economic Demand Killing Africa's Gorillas? | 3/26/2010 | See Source »

...saying, "It's obvious the New York Times has its mind made up. You have to ask why they didn't print a story earlier this month on the conviction of a Jewish rabbi in Brooklyn on eight counts of sex abuse." The official also referred to a libel case against Oprah Winfrey that involved sex-abuse allegations that was settled quietly on Wednesday. "But then why the front page for this story? They are targeting the Pope. There's a bloodlust for attacking the Catholic Church. We have to look at these cases one by one. There is plenty...

Author: /time Magazine | Title: After U.S. Abuse Revelation, the Vatican Fires Back | 3/25/2010 | See Source »

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