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Melco Crown ripped out slot machines and low-end gaming tables and expanded its VIP casino. But more importantly, Ho outmaneuvered his competitors by coming up with an unusual arrangement to ensure a steady flow of big fish. Macau casinos attract most of their wealthy clientele by working with junket...

Author: /time Magazine | Title: Chip off the Old Block | 9/4/2008 | See Source »

One veteran E.U. official said the Brussels summit underlined how weak the E.U. is. "It is like the chorus in a Greek tragedy," says Pierre Defraigne, the European Commission's former deputy director-general for trade. "The lesson to be drawn from this is that the E.U. needs its own...

Author: /time Magazine | Title: EU Talks Tough on Russia | 9/1/2008 | See Source »

...earned a reputation as "Sarah Barracuda" -- also her nickname as a feisty point guard on her high school basketball team -- for taking on entrenched bureaucrats. After running a strong race for lieutenant governor as an unknown in 2002, she made her mark on Alaska politics as a commissioner of a state oil and gas commission, when she tried to expose GOP officials with improper ties to the industry, and eventually resigned in 2004 after her complaints were ignored...

Author: /time Magazine | Title: Why McCain Picked Palin | 8/29/2008 | See Source »

...Then from there I was appointed an oil and gas commissioner in the state of Alaska, on the Alaska oil and gas conservation commission, had decided that there were changes, positive changes, that had to be ushered into our state government, decided to run for governor and did so, was successful, and here...

Author: /time Magazine | Title: Transcript: TIME's interview with Sarah Palin | 8/29/2008 | See Source »

The candidate is, more than anything else, a born fighter. John Sidney McCain III grew up in the considerable shadow of the first two John Sidney McCains, both four-star admirals who were small of stature but large of presence, both true believers in the military code of Duty, Honor...

Author: /time Magazine | Title: Understanding John McCain | 8/28/2008 | See Source »

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