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...doggedly pursued waste, fraud and mismanagement [and] has the reputation of being one of the best inspector generals that we have in this town. I can't think of any more tenacious and efficient guardian of the hard-earned tax dollars the American people have entrusted us to wisely invest." - Barack Obama...

Author: /time Magazine | Title: Stimulus Watchdog Earl Devaney | 2/24/2009 | See Source »

...Hanoi on its own can't change the course of global events, says Alex Warren-Rodriguez, economic policy advisor at the United Nations Development Program in Hanoi. Vietnam is too dependent upon what is happening in the U.S. and Europe. "Even if you reduce interest rates to stimulate investment, that's not going to happen because there is nothing to invest in," he says. "They can do very little to stimulate the economy...

Author: /time Magazine | Title: Corruption Undermines Vietnam's Stimulus Program | 2/23/2009 | See Source »

...Beijing. "At the end of the day, Hong Kong has no power over its foreign dealings," says Law Yuk-Kai of Hong Kong Human Rights Monitor. A Chinese Foreign Ministry spokesman told the Hong Kong-based South China Morning Post on Feb. 17 that Mugabe had the right to invest in Hong Kong real estate. "Hong Kong is a free port ... even Falun Gong practitioners can buy a property there," said the unnamed official. The connection between a marginalized religious sect and a tyrant in power for three decades may be tenuous, but, for Zimbabweans, half of whom face malnutrition...

Author: /time Magazine | Title: Mugabe's Home Away from Zimbabwe: Hong Kong? | 2/23/2009 | See Source »

...capitalist, who knows only how to Give the People What They Want, will act predictably. He will do the same for American and international education as he did for the meatpacking industry, the automobile industry, and the pharmaceutical industry. He will invest in research to produce a polished product, and then he will market that product to as large a group of people as possible, ignoring every natural or national boundary. Unpretentious and supremely practical, he will surely engage in the dirtiest of commercial habits: He will spy on his competitors to stay a few steps ahead, fire incompetent employees...

Author: By Kiran R. Pendri | Title: Futurology 1 | 2/22/2009 | See Source »

...German Foreign Minister's trip to Iraq came just a week after French President Nicolas Sarkozy visited Baghdad. "My coming here is to tell French companies: the time has come. Come and invest!" Sarkozy declared, explaining to his host, Iraqi Prime Minister Nouri al-Maliki, how French investment would be mutually beneficial. "We seek cooperation in the economic field, energy, rebuilding, and to help the police, security and Iraqi military forces, as well as restoring the international position of Iraq," Sarkozy promised. "We want to encourage all European countries to come. It is in Europe's interest to extend...

Author: /time Magazine | Title: Europeans Who Sat Out the Iraq War Now Line Up for Its Business | 2/20/2009 | See Source »

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