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...rising from $680 million in 2002 to $9.2 billion in the first nine months of 2007, placing it as one of the top-three diversified mining and metals firms in the world. The industry has become blast-furnace hot: witness BHP Billiton's hostile $147.4 billion bid for iron-ore-rich Rio Tinto Group...

Author: /time Magazine | Title: Brazil's Behemoth | 2/21/2008 | See Source »

...theatrical installation called "Sharmanka" (Russian for hurdy-gurdy), Bersudsky began sculpting in Leningrad in the late 1960s. There, out of sight of the authorities, he poured his sarcasm and frustration at the Soviet Union's dead hand on artistic and cultural freedom into giant, busy works built of scrap iron and wooden carvings such as the precarious Pisa Tower - a collection of Jewish figures struggling frantically to keep their balance - or Noah's Ark, a warped bestiary sailing forever in search of dry land...

Author: /time Magazine | Title: Machine Age | 2/20/2008 | See Source »

...Emerging from far outside the ranks of the Tory Establishment and claiming only four years' experience in a minor Cabinet post (as Education Secretary in the early 1970s), Thatcher was virtually untutored in the art of governing, untested under fire. But in four years' time she earned the nickname "Iron Lady," as a tough, gritty leader who seemed to relish a good scrap. Her personality, in a sense, became government policy. "The resolute approach," Tories labeled it. By the time she called new elections last month, Thatcher dominated the national stage as no other Prime Minister had done since Churchill...

Author: /time Magazine | Title: Thatcher Triumphant | 2/18/2008 | See Source »

Harvard men wishing to pump iron have fewer places to do so, thanks to a recent policy implemented by the Harvard Recreation Department. Following a campaign by a contingent of undergraduate women (including a number of whom are involved in the Harvard College Women’s Center or are members of religious groups such as the Harvard Islamic Society (HIS)), the Quadrangle Recreational Athletic Center (QRAC) will now hold women-only hours for six hours a week. The change in policy shows a readiness to put minority interests ahead of the entire community, even when it creates a disparity...

Author: By Lucy M. Caldwell | Title: No Boys Allowed | 2/15/2008 | See Source »

...inevitable restoration of the family bloodline - come apart so? Bill's shivving Barack in South Carolina looked bad, but wasn't it a clever play to the cheap seats that would attract more votes than it would lose? Hillary's tears in New Hampshire rusted the iron lady a little, but wasn't that just a brilliantly tactical softening of her image at the precise moment it was called for? Maybe. But maybe she just got tired and cried. And maybe Bill just said something dumb. And if the Clinton campaign crashes and burns, maybe she was just another politician...

Author: /time Magazine | Title: Elections Are Not that Complicated | 2/15/2008 | See Source »

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