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...handful of foreign investors have been willing to take their chances. Foreign direct investment increased by 35% in 2005 to $253 million, according to the ADB, putting Afghanistan on par with a country like Sri Lanka. Besides Coca-Cola, multinational firms such as DHL, Standard Chartered Bank, the Hyatt hotel group, Toyota and Alcatel have also set up Afghan operations. In hope of convincing more to take the plunge, the ministry of commerce is reassessing tax laws, and groups like Afghanistan Investment Support Agency are helping to build industrial parks to encourage manufacturing. A steady rise in consumer spending should...

Author: /time Magazine | Title: Capitalism Comes to Afghanistan | 12/4/2006 | See Source »

...emerging as the frontrunners of this year’s six-way race, the largest in recent memory. The two tickets have differentiated themselves most on defining the UC’s relationship to University Hall and how best to advocate for students.Throughout the campaign, Petersen has stressed direct advocacy to the administration on behalf of students—highlighting his close relationships with administrators and faculty. In contrast, Hadfield has touted a less bureaucratic approach to UC decision-making, frequently criticizing the council’s current emphasis on position papers and an over-reliance on the administration. Petersen...

Author: By Alexandra Hiatt and Rachel B Nolan, CONTRIBUTING WRITERSS | Title: Hadfield, Petersen Lead In UC Race | 12/4/2006 | See Source »

...What Bush may have been able to glean from al-Hakim, however, was some sense of how Tehran views developments in Iraq. Having spent many years living in Iran, al-Hakim is plugged into the political and religious currents in the Islamic Republic. Bush has dismissed direct talks with Iran, but it would be a smart idea to listen to Tehran's proxies...

Author: /time Magazine | Title: Will Meeting a Top Shi'ite Leader Help Bush in Iraq? | 12/4/2006 | See Source »

...fortunate, I'd love to make a second part to this story. Eric Roth and I made a pact. If I directed The Good Shepherd, he would write a second movie, about where all the characters ended up. The last movie I direct, I would totally write myself...

Author: /time Magazine | Title: Robert DeNiro in the Director's Chair | 12/3/2006 | See Source »

...Ruckus, a California-based start-up with 57 employees, came up with a better idea: refine wireless networking so that you can more efficiently fling high-speed access around your home without having to snake wires around doorways and under desks. Ruckus routers use hardware and software that direct signals around obstacles, so that wireless works smoothly even in a large home, and even for video, for which stability and speed are vital...

Author: /time Magazine | Title: SELINA LO: The Wizards of Wireless | 12/3/2006 | See Source »

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