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...industries. In 2002, India received $4.7 billion in foreign direct investment?a fraction of the $52.7 billion that foreigners poured into China. "The government is not moving fast enough on reforms?especially on the divestiture front," says Mark Mobius, a mutual-fund manager for American investment company Franklin Templeton...

Author: /time Magazine | Title: Shaky Footing | 1/4/2004 | See Source »

...news that Saddam Hussein had survived by being buried alive. Like a pharaoh in his tomb, he had surrounded himself with symbols of his lost power--two AK-47s, a pistol, $750,000 in $100 bills. The Butcher of Baghdad was nestled underground with pictures of Ben Franklin. The hunt for Saddam that began with a hellfire of bombs eight months ago ended without a shot being fired. It was soldiers from the Raider Brigade of the Army's 4th Infantry Division who dug him out of the 8ft.-deep spider hole; the palace monster of monuments and torture chambers...

Author: /time Magazine | Title: Saddam's Capture | 12/22/2003 | See Source »

...Franklin and Winston: An Intimate Portrait of an Epic Friendship (Random House; 490 pages), Jon Meacham, the No. 2 editor at Newsweek, has written a handsomely Plutarchan study that weaves together the lives, characters and fates of Franklin Roosevelt and Winston Churchill in the years of their wartime partnership. Most of the anecdotes have been told a thousand times, but Meacham manages to align the two giants in a way that makes the stories seem fresh, the two men, seen so close together, casting interesting lights upon each other...

Author: /time Magazine | Title: Books: Great Men | 12/22/2003 | See Source »

Ohio authorities are clearly hoping to avoid the leaks and red herrings that marred the investigation of last year's deadly shooting spree in the Washington area. The Franklin County sheriff's office has released no details about the weapon, suspect profiles or even the reasons for believing all the incidents are connected, fearing that doing so would hinder the search. No note has been found near the shootings--at least nothing has been announced--leaving people in the area struggling to figure out motives and methods. Helena Young, 26, has to drive along 270 several times...

Author: /time Magazine | Title: Driving in the Line of Fire | 12/15/2003 | See Source »

...drivers along 270 these days are also playing the odds. Franklin County police closed a four-mile stretch of the highway Saturday night to take measurements of the area, seeing how long it takes to drive from one point to another. The ATF assisted with laser sights. So far, police have made no arrests. An FBI profiler is working 14-hour days trying to pin down a suspect or suspects; police brought in the agent whose psychological sketch helped capture Thomas Lee Dillon, who pleaded guilty a decade ago to five sniper killings in southeastern Ohio. Franklin County's civilians...

Author: /time Magazine | Title: Driving in the Line of Fire | 12/15/2003 | See Source »

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