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...Many Dems are so loath to cede the high fiscal ground painstakingly won from the G.O.P. that they are willing to hit Wall Street with a new tax. But others have very parochial reasons to want to protect private equity. Senator John Kerry, for example, was opposed to a version of the bill that was floated this summer and only came out for this latest iteration with some fairly significant caveats. "We should do it in [a way that] avoids unintended consequence[s] and harm to other similarly structured partnerships in other fields," Kerry said. In Massachusetts the private equity...

Author: /time Magazine | Title: The Dems' Tax (and Spend) Dilemma | 11/15/2007 | See Source »

...wreck has its origins in the 1999 United Nations resolution that ended the Kosovo war. Under pressure from U.S. warplanes, Serbia's then President Slobodan Milosevic agreed to withdraw troops from Kosovo and cede control to the U.N., provided the province legally remained part of Serbia. But that condition has proved unacceptable to ethnic Albanians, who make up 90% of Kosovo's population. A subsequent U.N. plan to grant Kosovo full but "supervised" independence foundered on Russian threats of a veto in the U.N. Security Council. So last summer, the U.S., Russia and the European Union decided to give...

Author: /time Magazine | Title: Kosovo: Separation Anxiety | 10/4/2007 | See Source »

...Part of that inner-Orange rift could stem from Tymoshenko's previous agreement to cede the Speakership of the Verkhovna Rada, Ukraine's unicameral parliament, to Yushchenko's forces. Now, however, with former Speaker Volodymir Lytvyn's bloc having made it back into parliament, Tymoshenko might co-opt his tiny faction as a makeweight, and give him the speakership as a "balancing" force. However, with their dramatic neck-to-neck racing, Yanukovych still retains a chance to get ahead of Tymoshenko and finish first. In this case, though, "makeweights" of the Lytvyn block and the Communist party who is also...

Author: /time Magazine | Title: Ukraine Votes for Change | 10/1/2007 | See Source »

...back through an early presidential election. But now the specter of such an election arises instead from an unexpected corner: that of the ever-ambitious Tymoshenko feeling that she would surely carry it in the runoff. Fighting for the presidency - and restoring the functions it was forced to cede to the Rada in 2005 - might prove more alluring to her than holding a premiership stripped of control over key positions and issues...

Author: /time Magazine | Title: Ukraine Votes for Change | 10/1/2007 | See Source »

...pipe dream. But if Tata lures away even 10% of the 6.5 million Indians who buy motorbikes every year, not only will it have a hit on its hands, it also will have expanded India's car market by more than half. Competitors aren't willing to cede that kind of market share without a fight. Carlos Ghosn, head of Renault-Nissan, recently announced that his company was looking at building a $3,000 car in India. Fiat, General Motors, Honda, Hyundai, Maruti Udyog (the Indian division of Japanese manufacturer Suzuki), Toyota and Volkswagen are also working on low-cost...

Author: /time Magazine | Title: Autopian Vision | 9/27/2007 | See Source »

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