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...Peter Gumbel neatly portrayed events leading to the collapse of the Soviet Union and the end of the Cold War. Key to this was the role of Mikhail Gorbachev at the helm of Soviet affairs. One wonders why a man of Gorbachev's stature fails perhaps to garner as much critical acclaim as his contemporaries in the West. It probably has to do with his complicated ideological position, as both the leader and the reformer of the Marxist Soviet state. Eclecticism was the hallmark of his thinking and politics. Today the world needs more leaders who bridge differences rather than...

Author: /time Magazine | Title: Inbox | 7/16/2009 | See Source »

...Globovisión flap actually offers useful lessons in how the U.S. and Venezuela, the standard bearer of the Latin left, can bridge their Caribbean-size divide and help thaw the hemisphere's cold-war air. Clinton gave Globovisión an interview in no small part because the network has been on the receiving end of what it complains are the autocratic tactics of Chávez, who critics say has undermined Venezuela's democratic institutions even though he's been democratically elected three times since taking power a decade ago. This month his government is set to revoke...

Author: /time Magazine | Title: The Honduran Crisis: Making Chums of Chávez and Obama? | 7/16/2009 | See Source »

During these dog days of summer, the nation's department stores are still cold. According to the retail-sales statistics released by the Commerce Department on July 14, June department store sales dipped 1.3% compared to sales in May of this year, and were down 9.4% compared with June of 2008. So to prop up sales before the back-to-school season, one major player is asking Santa, of all people, for some help...

Author: /time Magazine | Title: Kmart's Christmas in July: Inspiration or Desperation? | 7/15/2009 | See Source »

...wishful thinking to believe that Medvedev can ever really be his own man, much less that he can put aside the suspicion of decades and forge a real partnership with the U.S. But it's worth a try. For this truth hasn't changed since the end of the Cold War: when Russia and the U.S. don't get along, the rest of the world has every right to feel uneasy. With reporting by Massimo Calabresi / Washington

Author: /time Magazine | Title: The Challenge That Awaits Obama in Moscow | 7/13/2009 | See Source »

...prices rocketed, so did the country's self-confidence. Not content with presiding over the economic boom, then President (now Prime Minister) Vladimir Putin vowed to restore his country's great power status. Talk about a partnership with the West gave way to belligerent statements about a new Cold War. In the summer of 2008, Russian tanks trundled into Georgia. In early 2009, a dispute with neighboring Ukraine led Russia to cut off gas flows, leaving people in some European Union countries freezing and factories idle...

Author: /time Magazine | Title: Europe and Russia's Continental Rift | 7/13/2009 | See Source »

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