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Paul Wolfowitz is used to getting his own way. As deputy defense secretary, Wolfowitz helped plan the U.S. invasion of Iraq; as a central figure in the Bush Administration's neoconservative camp, the former ambassador to Indonesia was one of the chief architects of the White House's ambitious and controversial plan to reshape the Middle East. When Wolfowitz took over as the president of the World Bank last year, he told TIME he would be "results driven...

Author: /time Magazine | Title: How Wolfowitz Is Struggling to Lead the World Bank | 9/20/2006 | See Source »

...Some background: one of the IMF's primary missions is to be an emergency lender to countries suffering from economic shocks, such as sudden currency devaluation. During the Asian crisis, the IMF loaned billions of dollars to countries including Thailand, Indonesia and South Korea, where years of excessive borrowing and frenzied investment by a financially overstretched private sector (abetted by errant government policies) led to sharp economic reversals. While IMF intervention helped put those countries on the road to recovery, it was not without controversy. For example, the IMF initially urged governments to cut spending, but quickly reversed itself when...

Author: /time Magazine | Title: Balancing Act | 9/18/2006 | See Source »

...typically heard off the coast of West Sumatra. But then the coast of West Sumatra is not, as a rule, home to people like Nanni Casalegno. The 62-year-old Italian quit his job and left his home in Turin in 1991, after finding his heaven on earth in Indonesia. In the 15 years since, the former insurance broker and his wife, Federica, have turned 0.9 km of pristine beach on the remote island of Cubadak into Paradiso Village - the best diving resort in the area, and a bucolic getaway for anyone seeking to escape the harried pace of urban...

Author: /time Magazine | Title: Paradiso Found | 9/16/2006 | See Source »

...from the West. The Ogaki Biennale (Oct. 6-15) hopes to redress this with Japan's first major showing of Asian media artists. Held in a castle, a shrine and other venues in a small city half an hour outside Nagoya, Ogaki will feature up-and-coming names from Indonesia, India, China, the Philippines and South Korea. According to co-curator and Singaporean art theorist Gunalan Nadarajan, the event will allow visitors to examine the "culturally different notions of art, media and technology." Alternatively, they can simply let themselves be charmed by the beguiling videos on display...

Author: /time Magazine | Title: Arts And Minds | 9/16/2006 | See Source »

...SENTENCED. Abdul Aziz, 31, Dwi Widiarto, 34, and Mohammad Cholili, 29, to eight to 18 years in prison for their roles in the October 2005 suicide bombings in Bali, Indonesia, which killed 20 people and injured over 100; in Denpasar. Aziz reportedly harbored Jemaah Islamiah plotter Nurdin Mohammed Top and designed websites for the terror organization, while Widiarto helped film the bombers' farewell tapes. Both received eight-year sentences. Cholili, a former mobile-phone vendor who assembled circuitry for the bombs, was sentenced to 18 years in jail...

Author: /time Magazine | Title: Milestones | 9/11/2006 | See Source »

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