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...basis of the road map adopted by the U.S. and other powers in 2003; and it was accepted, finally, by Israel's old warrior Ariel Sharon, although he ultimately lost faith in negotiations and adopted a policy of unilateral "disengagement" from the Palestinians. As Sharon's heir and successor, Israel's Prime Minister Ehud Olmert also knows that one day a Palestinian state will come. The belief is nearly universal. "We know we can't wind this up with guns and tanks," Israel's Deputy Prime Minister Shimon Peres told TIME. "The final solution has to be done diplomatically...

Author: /time Magazine | Title: Six Keys to Peace | 7/23/2006 | See Source »

...the fine-dining experience you might expect an Agnelli would prefer. The anointed heir to Italy's greatest industrial fortune is settling into his chair at Vittoria, a homespun Torino trattoria where plates clank every time the nearby kitchen door swings open. But for John Elkann, the 30-year-old who is vice chairman of both Fiat and IFIL, the Agnelli family's $7.7 billion holding company, it is the perfect setting for a power lunch. "You know why I really like this place?" he asks, lowering his voice and widening his eyes. "Because it's fast...

Author: /time Magazine | Title: All In The Family | 7/16/2006 | See Source »

...frustration with the free-market, pro-American policies commonly pursued in the region in the 1990s, when much was promised and little was accomplished in terms of raising living standards. The leader of this turn toward populism is Venezuelan President Hugo Chávez, who has cast himself as the heir to Fidel Castro, using his country's oil bonanza to purchase political influence all over the continent. But in recent months, the Chávez movement has run up against opposition from forces that view it as wrongheaded, militaristic and undemocratic. In Mexico's election, as in Peru's last month...

Author: /time Magazine | Title: The Good Neighbor Strategy | 7/9/2006 | See Source »

...Igor Sechin, Putin's deputy chief of staff. Gazprom, the state company that controls almost 90% of Russian gas production, is similarly tied in to the Kremlin. Its chair of the board is Dmitri Medvedev, the First Deputy Prime Minister, who is widely seen as a possible Putin heir. After its brush with Ukraine, Gazprom is now pushing hard to acquire gas distribution and marketing companies in other countries; last week it acquired the industrial and commercial client base of Britain's privately-owned Pennine Natural Gas. The next sector ripe for state consolidation may be the pipeline business. According...

Author: /time Magazine | Title: Crude Power | 7/2/2006 | See Source »

...life. He believed in people developing the capabilities they're most suited for." In the Agnelli bloodline, that often means entrepreneurialism. Fiat was founded in 1899 by Giovanni Agnelli, a wealthy Turinese landowner, who imported Henry Ford's assembly line. He chose Gianni, his grandson, as his business heir after Gianni's father was killed in a 1935 plane accident, just as Gianni would later anoint Elkann. With his aquiline features and elegant but easygoing manner, Elkann certainly evokes his grandpa, among the 20th century's most admired business leaders and the epitome of globetrotting savoir faire. Henry Kissinger...

Author: /time Magazine | Title: All In The Family | 6/25/2006 | See Source »

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