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...million she picked up as sole heiress to her mother's fortune. Even so, Athina, the last direct descendant of the legendary Greek shipping tycoon Aristotle Onassis, had reason to expect more last weekend. She grew up believing she would inherit the remainder of her family's fortune - in excess of $1 billion - and assume a hereditary role at the helm of the Alexander S. Onassis Foundation, an organization managing corporate and charitable operations. But that birthday gift did not materialize. As a family insider predicted two weeks before her birthday, "Athina's 21st birthday will come and go without...

Author: /time Magazine | Title: A Billionaire's Battle | 1/28/2006 | See Source »

Development can also be hampered by an excess of investor enthusiasm in world financial markets, the president warned...

Author: By Nicholas M. Ciarelli and Javier C. Hernandez, CRIMSON STAFF WRITERSS | Title: Summers Warns of Crisis Without Adjustments in Global Economy | 1/23/2006 | See Source »

...sharing of power... I put that hand on the Bible, and I meant it when I said I'm going to uphold the Constitution. I also mean it when I'm going to protect the American people.? But he still has the burn marks, he suggests, from an earlier excess of scruple. ?At one point in time the government got accused of not connecting the dots.? He recalled the debates over intelligence failures after 9/11. ?And all of a sudden, we start connecting the dots through the Patriot Act and the NSA decision, and we're being criticized...

Author: /time Magazine | Title: What's in a Name? | 1/12/2006 | See Source »

Some of the world's most creative and productive individuals simply refuse to subject their brains to excess data streams. When a New York Times reporter interviewed several recent winners of MacArthur "genius" grants, a striking number said they kept cell phones and iPods off or away when in transit so that they could use the downtime for thinking. Personal-finance guru Suze Orman, despite an exhausting array of media and entrepreneurial commitments, utterly refuses to check messages, answer her phone or allow anything else to come between her and whatever she's working on. "I do one thing...

Author: /time Magazine | Title: Staying Sharp: Help! I've Lost My Focus | 1/10/2006 | See Source »

...energy importer, and Italy saw their flows reduced by more than a third and, with U.S. backing, pressed Moscow to reach a stabilizing agreement with Ukraine. At a time when thre is reduced oil production in Iraq, and Norway is already pumping oil at full power, there was no excess capacity from which Europe could benefit. Clearly, the pressure was on. Not surprisingly, the involved parties swiftly reached an agreement—featuring gradual price increases and the involvement of third-party dealers—to save Muscovite face. Several lessons and comparisons can be drawn following this New Year?...

Author: By Pierpaolo Barbieri | Title: From Russia With Cold | 1/9/2006 | See Source »

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