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...developing world, it has become increasingly isolated because of its method for doing so. It is the only country to utilize "monetized food aid," a method by which grain is shipped from America to charities in the developing world, who then sell the grain in the local market and invest the proceeds for its own programs...

Author: /time Magazine | Title: CARE Turns Down U.S. Food Aid | 8/15/2007 | See Source »

...preparation for the straw poll, the Romney campaign shelled out an undisclosed amount that was still hundreds of thousands more than any other campaign spent. He was also, until recently, the only candidate to invest in television advertising throughout the state. And although he continues to lag behind former New York Mayor Rudy Giuliani, former Tennessee Senator and actor Fred Thompson, and Arizona Senator John McCain in national polls, the decision by all three of those leading candidates to skip the straw-poll left Romney unchallenged for the position of front-runner...

Author: /time Magazine | Title: What Iowa's Straw Poll Tells the G.O.P. | 8/11/2007 | See Source »

...that Dwight Eisenhower understood when he started the federal highway system during the cold war. The healthier a locale is before a disaster (or terrorist attack), the healthier it will be afterward. As we learned the hard way in New Orleans, the opposite is also true. But if we invest in strong levees, roads and rails, then even inevitable calamities will have fewer consequences. We will be able to move people out of harm's way, get help to victims and go to work. Solid infrastructure, in other words, can be the ultimate force multiplier. [This article contains a complex...

Author: /time Magazine | Title: We've Come Undone | 8/9/2007 | See Source »

...Beijing, having $1.4 trillion to invest is a nice problem but a complicated one nonetheless. "It's the classic elephant-in-the-room syndrome," says a Western banker who advises the State Investment Co. "Where does he sit? Anywhere he wants, sure. But he's got to be very careful that he doesn't squash anything when he does." The mere whiff of a rumor that, say, Beijing may shift part of its foreign-exchange holdings from dollars into euros has rattled world currency markets several times in the past year...

Author: /time Magazine | Title: Enter the Dragon | 8/2/2007 | See Source »

...Bulgarian medics held by Libya for the past eight years on trumped-up charges of having willfully infected nearly 440 Libyan children with HIV. In the diplomatic razzle-dazzle that secured their freedom, Sarkozy also managed to leave French companies ideally placed in the race for opportunities to invest in Libya's oil-rich economy. Resolution of the Bulgarian stand-off also removed the last major hurdle for full normalization of diplomatic ties between Libya and the European Union. And the U.S. also wants in on the act: Last month, Washington named its new ambassador to Tripoli, and plans...

Author: /time Magazine | Title: Has Libya Really Reformed? | 8/2/2007 | See Source »

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