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...toward Russia has never really been as good as it has been toward China and India and Brazil. There's always been this kind of residual fear over Russia," says Roland Nash, head of research at Renaissance Capital, a Moscow-based investment bank. Still, he adds, "Eventually what will drive people back into the market is the fact that there are cheap assets here." BMW, Enel, L'Oréal and all the other foreign companies continuing to crowd into Russia wouldn't disagree...

Author: /time Magazine | Title: Risky Business in Russia | 8/21/2008 | See Source »

...reclaim the lunch-pail wing of the Democratic Party simply by treating Hillary Clinton like a monarch at the convention. These voters are not hers to deliver; Obama has to earn them back on his own with a convention that reaches out to those hardworking Americans who don't drive a Prius, don't listen to npr, don't buy syrah-and assure them that it is still very much their Democratic Party...

Author: /time Magazine | Title: Can Obama Be a Working-Class Hero? | 8/21/2008 | See Source »

...spreading from Kansas to Kenya, friends and relatives from African slums to Washington and Wall Street, and intellectual influences ranging from Alexander Hamilton to Malcolm X. Four of the faces of Obama pose various threats to his hopes for victory. The fifth is the one his campaign intends to drive home, from the convention in Denver right to Election...

Author: /time Magazine | Title: The Five Faces of Barack Obama | 8/21/2008 | See Source »

...specific strategy to refocus the military on Afghanistan. He backs a single-payer health-care system. But it wasn't some 10-point plan that turned Obama into a politician who fills arenas while others speak in school cafeterias. He knows that detailed policies tend to drive people apart rather than bring them together. People arrived to hear him out of fervor or mere curiosity, and they stayed for the sense of possibility. They heard rhetoric like this, from his speech claiming victory after his epic nomination battle: "If we are willing to work for it and fight...

Author: /time Magazine | Title: The Five Faces of Barack Obama | 8/21/2008 | See Source »

...Bryant, who hit a deep three to start the second half, the U.S. came out of the locker room smoking. Carmelo Anthony followed with another three, Bryant then scored on a drive after a diving save on a ball headed out of bounds by LeBron James, before Jason Kidd drove the length of the floor for a lay up. Just two and half minutes had gone by and suddenly it was 64-43. The game was effectively over. "Our biggest strength is our depth," Bryant said after the game, asked if the U.S. was concerned by how competitive the first...

Author: /time Magazine | Title: The Redeem Team Keeps on Rolling | 8/20/2008 | See Source »

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