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...unhappy, but offers them enough reason to keep the process going, Copenhagen achieved that much. Credit should go to President Obama, who arrived in Copenhagen with the negotiations in shambles and forced through what may have been the only deal within reach. For that, of course, he will also get the blame. Outside the Bella Center as delegates departed, a small group of protesters against the deal carried photos of Obama, with the words "climate shame" across his forehead. That may not be how many had expected the summit to conclude, but it may have been the only ending that...

Author: /time Magazine | Title: Obama's Climate Compromise Leaves a Bitter Aftertaste | 12/20/2009 | See Source »

...escaped the attention of top officials. Medvedev has called the practice "shameful" and expressed support for measures aimed at easing prosecution of such crimes. "The seizure schemes are conducted very professionally, that is a fact," he told Russian senators on Nov. 5. "Sometimes it's simply impossible to get to the bottom of them. But that doesn't mean that our law enforcement authorities shouldn't be trying." The issue was even raised during a live call-in TV show with Prime Minister Vladimir Putin earlier this month. Responding to a question about how the government planned to tackle reiderstvo...

Author: /time Magazine | Title: The Danger of Doing Business in Russia | 12/19/2009 | See Source »

...verdict mentions only "unidentified persons" as Markelov's co-conspirators and does not include any reference to the Hermitage subsidiaries being stolen. But the company says Markelov was likely just a bit player and notes the $230 million has yet to be returned to the Russian treasury. To get to the bottom of who was responsible for Magnitsky's death, "one needs to find out who got the stolen $230 million," says Browder, whose fund was once the largest foreign investor in Russia and who has been barred entry to the country since Russia deemed him a threat to national...

Author: /time Magazine | Title: The Danger of Doing Business in Russia | 12/19/2009 | See Source »

...hugely popular President Luiz Inácio Lula da Silva, has become a hemispheric counterweight to the U.S. And it loves to play tit-for-tat with Washington. Because Washington still insists Brazilians secure a visa before entering the U.S., Brasilia makes Americans pay for a "reciprocal" permit to get into Brazil; after the U.S. started thumb-printing foreigners in immigration lines after 9/11, Brazil obliged Americans to do the same. Those are understandable counterjabs. But while no one is suggesting that the Brazilian justice system has been keeping Sean from his father as payback for Elián, Americans...

Author: /time Magazine | Title: The Goldman Controversy: Memories of Elián González | 12/19/2009 | See Source »

Brazil may get some "reciprocal" satisfaction from tweaking Americans every now and then (and deservedly so). But this protracted travesty is a reminder that Brazil is no more immune from ugly double standards than America is - even when it comes to a bond as sacred as father...

Author: /time Magazine | Title: The Goldman Controversy: Memories of Elián González | 12/19/2009 | See Source »

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