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Maliki's own Dawa Party has close ties to Iran and has in the past deflected questions about Iran's support for the Shi'a militias, instead fingering Iraq's Sunni neighbors - Saudi Arabia, Kuwait and Jordan - for aiding terrorist groups. "We don't deny that Iran has an interest...

Author: /time Magazine | Title: Sunnis and Shi'a Divided on Iran | 2/12/2007 | See Source »

Though Royal began with a highly non-Socialist reminder of the parlous state of France's finances (public debt amounts to 64% of gross national product, or 18,000 euros per citizen), she followed that up with a long list of new and expensive programs that will hardly give France...

Author: /time Magazine | Title: S?gol?ne's New Tack: a Hard Left | 2/12/2007 | See Source »

That's easier said than done in a throbbing boomtown like Macau. In 2002 the Chinese government lifted a 40-year monopoly on casinos in Macau, prompting a gambling-and-tourism explosion that brought a record 22 million visitors to the territory last year. Fueled by punters from mainland China...

Author: /time Magazine | Title: In Search of Lil' Kim | 2/8/2007 | See Source »

Stifling regulations, absurd lawsuits and ambitious prosecutors are pushing companies to raise money overseas, the scolds in pinstripes warn, and unless the rules loosen up, within a decade New York City could slip behind London, Hong Kong or, yes, Dubai as a center of global finance. President George W. Bush...

Author: /time Magazine | Title: Law: Plugging the IPO Drain | 2/8/2007 | See Source »

But the law should be the hero of this tale. U.S. stock markets still attract more money and investors than any in the world, mostly because of a reputation for operating fairly. The strict rules "give companies the opportunity to tell investors, 'Look at the scrutiny we undergo. That's...

Author: /time Magazine | Title: Law: Plugging the IPO Drain | 2/8/2007 | See Source »

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