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...breaking away from his father's Calcutta-based steel business and building his own firm, buying up steel plants in countries ranging from Algeria to Kazakhstan, Ukraine and the U.S. His timing was brilliant: worldwide demand for steel has been soaring because of massive demand from China and other fast-growing economies, and with it so has Mittal's net worth. By 2005, his personal fortune was estimated to be $25 billion - more than twice the size of Luxembourg's annual budget. Before the takeover, Mittal Steel was based in the Netherlands (as a result of the merger, the headquarters...

Author: /time Magazine | Title: A Man Of Mettle | 12/16/2006 | See Source »

...Keane—“Somewhere Only We Know.” I think this song was on my list last year but it still makes my heart beat fast...

Author: By The crimson arts staff , CRIMSON STAFF WRITER | Title: Celebrity Lists | 12/14/2006 | See Source »

...groups.) The videos are surprisingly interactive, working on language development, number concepts, problem solving and more. Just remember this: since the Grow-With-Me system is, in essence, a second DVD-player remote, make sure it?s out of reach during movie night, or else your kid might accidentally fast forward through all of the best scenes...

Author: /time Magazine | Title: Zizzle Zoundz and Other Toys | 12/13/2006 | See Source »

...Clinton came into San Antonio for a last-minute rally after internal polls showed Rodriguez was closing fast. "It all happened so quickly, we started to smell it," Hernandez said. Bonilla had 48.6% of the vote in the Nov. 7 election, which pitted the incumbent against six Democrats and an independent. Rodriguez was second with just 20%. Yet Rodriguez beat Bonilla by 10% in Tuesday's runoff. "I was stunned by the margin of defeat," said Royal Masset, a longtime Republican consultant and analyst, "A lot of us thought there was no way Henry could lose...

Author: /time Magazine | Title: How the G.O.P. Got Blindsided in Texas | 12/13/2006 | See Source »

...While the once innovative industry is struggling to find a new direction, the state's schools have moved into the fast lane of educational reform. "The collapse of the auto industry, which also exploded the notion embedded in the DNA here that you can make a good living despite being a high school dropout, created a perfect storm for convincing everyone we needed to make changes," says Michael Flanagan, Michigan's superintendent of public instruction. For three months last fall a task force of state education officials, school superintendents, college deans and a Ford Motor Company executive pored over scholarly...

Author: /time Magazine | Title: Building a New Student in Michigan | 12/12/2006 | See Source »

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