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...growing debt; the small dip in the unemployment rate in recent months has masked the shrinking number of new jobs companies created. Sarkozy sends a terrible message to our European partners by refusing to undertake economic reform at home or to abide by the rules we expect all other euro-zone nations to respect. Sooner or later, Sarkozy will have to tighten the belt or pay heavy consequences...

Author: /time Magazine | Title: Nicolas Sarkozy: A Grand Entrance | 9/6/2007 | See Source »

...Finnish word for "door" - could even offer TV programs at some point. Vanjoki, who is in charge of marketing Ovi, says it will includes millions of songs from all 4 major record labels as well as from regional bands. Nokia has set a European price of 1 Euro for a tune, and of 10 Euros for a CD. It has not finalized U.K. pricing, but when I searched for Dexter Gordon CD's in a test drive, the screen showed ?8.00 for a CD and 80 pence for a single. (As a sign that Ovi well might deliver millions...

Author: /time Magazine | Title: Nokia to Take on Apple at its Own Game | 9/3/2007 | See Source »

...with that "two-million-euro-a-day" figure (which equals about $2.7 million a day) still buzzing in the ears of government officials, investors and ordinary Italians, Alitalia is making its next move to stave off collapse. On Sep. 7, Alitalia's board is expected to finalize the details of what it is billing as a "survival/transition" plan for 2008-2010. Cynics will liken it to the allotment of a few fire extinguishers for the Hindenburg. Union officials have said that the plan calls for the company to try raise up to 1.5 billion euros in capital, cut some...

Author: /time Magazine | Title: Desperation Grows At Ailing Alitalia | 8/31/2007 | See Source »

...equities he likes Serbia, Macedonia, Malaysia and the GCC (Gulf Cooperation Council) countries, and he is looking to other frontier markets, including Kazakhstan and Georgia. Pushed to home in on one idea, Leitner says his favorite trade is buying a short-dated Swedish krona call option against the euro. It's a way of playing the next Swedish central bank meeting, he explains...

Author: /time Magazine | Title: Hedge Fund Confidential | 8/2/2007 | See Source »

...Just the opposite - people are delighted," she says. Perhaps this is because Oviedo, unlike glamorous and popular Barcelona is happy to bask in a little international attention. Or it may be, as Ávila notes, because Oviedo's investment in the film so far amounts to "not a single euro...

Author: /time Magazine | Title: Woody Allen's Barcelona Problem | 7/31/2007 | See Source »

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