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...issue of North Korea gave Bush an early opportunity to show off his foreign-policy mettle and break from his predecessor's strategy. The neocons had long suspected Pyongyang of cheating on a landmark 1994 deal to freeze its nuclear program. Yet Clinton had sent Secretary of State Madeleine Albright to Pyongyang in October 2000 and considered making his own visit. Vice President Dick Cheney summed up the Bush Administration's more muscular approach: "We don't negotiate with evil; we defeat...

Author: /time Magazine | Title: Under a Mushroom Cloud | 9/4/2008 | See Source »

...military action by Washington, the U.S. eventually found itself with little choice but to talk seriously to Pyongyang. The appointment of Condoleezza Rice as Secretary of State in the second Bush term and Christopher Hill as the chief U.S. negotiator brought in a team that was intent on a deal and willing and able to push the neocons to the side to get an agreement...

Author: /time Magazine | Title: Under a Mushroom Cloud | 9/4/2008 | See Source »

Business in Asia is played very much like ice hockey. The big guys - state-backed behemoths, massive conglomerates and supertycoons - almost always pin smaller enterprises against the glass to score the plum deal. So it seemed for Lawrence Ho, CEO of NASDAQ-listed casino operator Melco Crown Entertainment. Less than a year ago, the giants of the gaming industry - Vegas legends Steve Wynn and Sheldon Adelson, chairman of Las Vegas Sands - had shoved the little-known Ho to the edge of Asia's casino market. But his rivals should have taken note of how Ho, a recreational hockey player, likes...

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

...Russia partnership agreement intended to ease commerce and economic cooperation. "Yesterday was a strong demonstration of European unity in the face of Russian transgression of core international values," Miliband told TIME. "There was not only strong support for Georgia but a profound reassessment of the right way to deal with Russia. Europeans are committed to territorial integrity and rule-based governance, and these principles have been violated by Russia...

Author: /time Magazine | Title: Russia: In Search Of Unity | 9/4/2008 | See Source »

Shop around. Different carriers have different areas of expertise, and they price coverage accordingly. If you're a diabetic, you'll probably get a better rate at John Hancock than Genworth; if you've had a stroke, you'll probably get a better deal at MedAmerica than John Hancock. So get bids from at least three carriers, and see if long-term-care insurance makes sense for you. The cost of care is only going to get higher...

Author: /time Magazine | Title: Thinking Long Term | 9/4/2008 | See Source »

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