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...dreams was as rude as it gets. As of April 15, the Shanghai Composite Index has slumped 46% from its Oct. 16 peak. The global credit crunch, the staggering U.S. economy, and China's efforts to tame inflation and cool unsustainably fast economic growth teamed up to quash investor enthusiasm for China stocks, Olympics or no Olympics. But might there still be a lingering chance that the Games will give China's economy a shot of adrenaline and lift stocks later this year? Many investors have heard of the "January effect." Is there an "Olympics effect...

Author: /time Magazine | Title: Fool's Gold | 4/17/2008 | See Source »

...then exploited online fund-raising in 2004. Four years later, the Democrats have widened that gap, using the Internet not only to raise cash but also to organize canvassers and plot get-out-the-vote efforts. Republicans say the Democrats' Web advantage is due to not just greater enthusiasm but also smarter strategies. "Everything Obama does is fundamentally about a people-powered democracy and apeople-powered campaign," says Mindy Finn, a Republican consultant who ran Mitt Romney's Internet operation. "McCain's message is different...

Author: /time Magazine | Title: Why Democrats Rule the Web | 4/17/2008 | See Source »

...Schonberger is certainly not alone in his enthusiasm. One of the standard obstacles any start-up Web site faces is establishing a steady readership, and Intern Memo seems to have its fair share of fans. In addition to its broad subscriber base, the Web site is forging partnerships with related sites as a means of expansion. Intern Memo recently joined forces with MonsterTRAK.com, a division of Monster.com geared toward college students and recent graduates seeking a career path. According to the Bressmans, this partnership has opened up new opportunities for their site...

Author: By Synne D. Chapman, CONTRIBUTING WRITER | Title: Get The Memo | 4/16/2008 | See Source »

Poverty and Piety Long periods at the negotiating table dampened Brown's early enthusiasm for the E.U., just as his growing feel for globalization shifted his focus further afield. But he adheres to one core priority that predates not only his time in government but his years as a brilliant academic - Brown entered university when he was just 16 and took a first-class degree - and as a rising Labour star...

Author: /time Magazine | Title: Gordon Brown in America | 4/16/2008 | See Source »

...downs, Berlusconi has remained a unique figure in the West, who plays by his own rules and often doesn't seem to suffer the consequences. Still, although the election result is a personal vindication for Berlusconi, there's little sign of the optimism and enthusiasm that he generated in 2001. Most polls show that voters on both sides of the political spectrum were generally disillusioned with Italy's political class, even though 80% of the electorate showed up at the polls. A Roman taxi driver, Filippo, who'd voted for Berlusconi, was listening to the radio, just as Veltroni...

Author: /time Magazine | Title: Berlusconi Rides Again | 4/14/2008 | See Source »

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