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...market reforms in the first place. Brazil, for example, last year elected former labor leader Luiz Inácio Lula da Silva as President. In Peru, antiglobalization riots (most often prompted by complaints over industry privatization) have become common. And the "Bolivarian Revolution" of left-wing Venezuelan President Hugo Chávez has brought double-digit economic contraction to that country. As a result, Mesa's support in Bolivia will be fragile at best - especially since he pledged to maintain economic-austerity policies. "Goni was completely linked to foreign interests and foreign capital against Bolivia's interests," said Jaime Solares...

Author: /time Magazine | Title: Now That Goni Is Gone | 10/19/2003 | See Source »

...them steamed vegetables (€20), carrot juice (€8) and roast shrimp with Thai herbs (€28). The food is always dependable, never risky or flashy or attention-getting. The brothers aren't looking to win awards for creative gastronomy. "Every meal starts when a man asks a woman, 'Chérie, where do you want to eat tonight?'" says Jean-Louis. "Our cuisine is designed for women." Which means portions that are small bordering on skimpy; no sauces - too fattening; no "plat du jour" - too complicated; and never, ever two garnishes - an inexplicable personal obsession of Jean-Louis...

Author: /time Magazine | Title: The Brothers Who Ate Paris | 9/7/2003 | See Source »

...been breaking down the empire piece by piece. Out went the cluster of Internet ventures that never lived up to their hype, the book and magazine publishers for which Messier overpaid, and the water utility that was once the company's core. Even its 18th century French manse, Château de Méry-sur-Oise, about 50 km northwest of Paris, is on the block. Last week came the blockbuster spin-off, as Fourtou woke the company from Messier's Technicolor dream of becoming a major player in Hollywood. After an epic four-month auction among many...

Author: /time Magazine | Title: Deal Ahoy! | 9/7/2003 | See Source »

...Pinault that went for $5.3 million. A week earlier, a Degas statue of a 14-year-old dancer from his collection fetched $10.3 million. A week later, Christie's in London raised €1.3 million from an unprecedented clearance sale of vintage wine from his legendary Bordeaux vineyard, Château Latour, including bottles dating back to 1863. And those are just the auctions. On the same day the wine went under the hammer, Artémis - the Pinault family's holding company - issued j520 million in bonds that it said was to be used to refinance existing bank debt...

Author: /time Magazine | Title: Pinault's Big Sale | 6/8/2003 | See Source »

...owns it. Best Post-Festival Conspiracy Theory: The gay-Mafia rumor. Though Lars Von Trier's Dogville was deemed front-runner for the Palme d'Or, Gus Van Sant's Elephant took the prize. So the festival did end with the an openly homosexual French director (jury president Patrice Chéreau) presenting the award to an openly homosexual American director (Van Sant). But Chéreau was just one of nine jury members, all with their own wills and constituencies. If Dogville had won, theorists might have seen sinister connections between its star, Nicole Kidman, and jury member...

Author: /time Magazine | Title: It's a Lovely Day in Cannes And Life Is Rotten | 6/1/2003 | See Source »

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