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...self-styled deal maker, Louisiana senator John Breaux. By comparison, poor Dick Gephardt and Tom Daschle seemed niggling and churlish in their Democratic response. Although you have to feel sorry for them: the faux library of a House office is no match for the live action drama from the chamber floor. It was all there: the dramedy of Sen. Hillary Rodham Clinton, the swagger of Secretary of State Colin Powell, the vanquished Joe Lieberman and the absent Supreme Court. Like a party where you know people hate each other, you kept wondering who would bump into whom...

Author: /time Magazine | Title: A Strong, and Presidential, Performance | 2/28/2001 | See Source »

...renegotiated loans to just under 10% for most individuals and even lower for first-time home buyers. But that may not be enough. The Greens, part of the governing coalition, are still dead set against the decree and have sworn to vote against it in the Chamber of Deputies unless it is amended yet again. Their vote is unlikely to keep the compromise from passing, but the split will look bad for a center-left alliance that is trying to present a unified front in anticipation of the spring elections. In an interview with the newspaper Corriere della Sera, Treasury...

Author: /time Magazine | Title: Debtors' Revenge | 2/26/2001 | See Source »

...Dispiriting. The Trazom Effect goes to work on the lazy, the ignorant, the passive. But I was there when the students of the Boston University School for the Arts Opera Programs and Chamber Orchestra performed "Le Nozze de Figaro." Putting together that magic four hours required brains, talent, and training - after all, apart from mastering the gaily demanding music, they had to learn Italian in order to sing the libretto...

Author: /time Magazine | Title: Turning Culture on Its Axis | 2/12/2001 | See Source »

Thursday afternoon, the Senate voted on the confirmation of John Ashcroft as U.S. attorney general. Despite a barrage of vocal opposition from liberal groups and several Democrat Senators, the chamber, split 50-50 between the two parties, was long expected to give the controversial nominee the nod. TIME congressional correspondent Douglas Waller, who's been keeping a close eye on the proceedings, explains what's what now that the votes are tallied...

Author: /time Magazine | Title: Ashcroft's Close-Call Nod Is a Warning Shot to Bush | 2/1/2001 | See Source »

...wall. AIA Insurance, an American insurance company, moved its China headquarters to Shanghai last year; Philips Electronics did the same in April; and HSBC Group, the banking complex, followed in May. Dozens of other companies plan to make the jump soon, according to a survey by the American Chamber of Commerce in Hong Kong. The Shanghai chamber says it is signing up more than 50 new members every month. Foreign investors have poured $27.7 billion into the city in the past 10 years, while Shanghai's gross domestic product has grown at an average of 10% a year, compared with...

Author: /time Magazine | Title: A Run For The Money | 1/22/2001 | See Source »

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