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...inflation. So-called core inflation gauges have accelerated in a climate of sharply rising energy prices. Determined to avoid the mistakes of the 1970s, central banks have been quick to tighten in response. This changes the rules of engagement for investors, who are now being denied access to the cheap funds they were putting to work chasing higher-yielding investments in emerging markets or subprime corporate debt. Indeed, stocks and bonds in emerging markets, which soared when money was plentiful, now stand to lose the most - and not just because global liquidity is returning to normal. There is also...

Author: /time Magazine | Title: Risk Adjusted | 7/23/2006 | See Source »

...novels than Hammer did that afternoon with Charlotte. He sold his movie rights to the English director-producer Victor Saville. "I always thought that Saville would have the sense to do what was right," Spillane told Collins. "He never did." The result was four '50s big-screen adaptations: three cheap little dogs (I, the Jury, The Long Night and My Gun Is Quick) and one large, strange, rabid animal (Kiss Me Deadly...

Author: /time Magazine | Title: The Prince of Pulp | 7/22/2006 | See Source »

...today it's Brussels - and its Quartier Dansaert - that's à la mode. At 74 Rue Antoine Dansaert is Stijl - the shop that began the revolution, tel: (32-2) 512 0313. Until 10 years ago, cheap rents and the store's not-so-cheap Flemish clothes were probably the only reason to linger in this neglected part of town that stretches from the Bourse down to the canal district. Today Stijl has made room on its racks for the froufrou frocks and Art Nouveau fabrics of Brussels designers Sofie D'Hoore and Cathy Pill, while the shops next door have...

Author: /time Magazine | Title: Capital Of Cool | 7/18/2006 | See Source »

...cheap shot seen round the world--French star Zinédine Zidane head-butted Marco Materazzi of Italy in the last minutes of the World Cup final. (Zidane says Materazzi insulted his mom and sister.) Most sports ban head-butting, but there have been extraordinary examples...

Author: /time Magazine | Title: Hotheaded | 7/18/2006 | See Source »

...It’s pretty cheap, free if you know people,†he said. “And what else is there to do on a weekday night...

Author: By Nicholas K. Tabor, CRIMSON STAFF WRITER | Title: Russian Tennis Royalty Holds Court | 7/14/2006 | See Source »

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