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But despite the gruesome executions that sometimes happen when ransoms aren't paid, African officials have urged Western governments not to encourage hostage taking by rewarding it. Last September, Algerian President Abellaziz Bouteflika asked the United Nations to adopt an international ban on paying ransoms, which he called "the biggest...

Author: /time Magazine | Title: Terror Threat in N. Africa: Kidnapping Foreigners | 2/6/2010 | See Source »

"If companies can't sell stock or bonds as easily as investors would like to buy them, the cost of capital will go up," says James Ellman, president of the money-management firm Seacliff Capital. "That hurts companies' ability to expand, buy equipment and create jobs. GDP grows slower." (See...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

A total of 350,000 cars will be exported from India this year, 30% more than were exported in 2008. As factory output grows, India's economy as a whole will get a boost, says Abdul Majeed, who heads the auto practice at PricewaterhouseCoopers in Chennai. Currently, the auto sector...

Author: /time Magazine | Title: Will Your Next Car be Made in India? | 12/22/2009 | See Source »

In the short term, though, Grant Govertsen, a partner and analyst with Union Gaming Group, says the "pool grows bigger, but it won't grow enough to maintain footing for all the properties. You'll see a hit at some of the other properties." Nevertheless, Govertsen also believes visitor growth...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

For starters, it’s a world divided starkly between good and evil, with very little of the cultural relativism that most liberals hold as a core tenet. “I do not believe that we will have the will, the determination, the staying power, to complete this...

Author: By Jessica A. Sequeira | Title: The Moral Imagination | 12/18/2009 | See Source »

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