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...part because of Johnson Sirleaf's reputation for incorruptibility. "President [Johnson] Sirleaf has worked tirelessly and with integrity to begin the difficult reconstruction of Liberia, which is fortunate to have her strong leadership," says Joseph C. Bell, a partner with the Washington law firm Hogan & Hartson who played a key role in ISLP's assistance to Liberia. ISLP has been involved in a dozen projects there--including drafting palm-oil concessions and upgrading the shipping industry's legal regime--which is making all contracts public, though not all are easily accessible. Imperfect as that development is, it's a significantly...

Author: /time Magazine | Title: Stretching a Contract | 8/3/2009 | See Source »

...officials freely admit can't be won on the battlefield - and this despite the growing cost in blood and treasure and an awareness of the limited patience of the U.S. public for another open-ended counterinsurgency war. And this at the same time as some of the key diplomats tasked with handling the conflict are speaking openly of the need to integrate most of those fighting for the Taliban into Afghanistan's political order. (See TIME's photos of the new Marine offensive in Afghanistan...

Author: /time Magazine | Title: Does the U.S. Have an Exit Strategy in Afghanistan? | 8/3/2009 | See Source »

...have you seen the competition's numbers? The markets certainly like the look of the German firm: its stock price surged 5% the day the latest figures were released. "Even in a particularly difficult phase in the international automotive markets we were able to gain share in key markets. This has further improved our position on our way to the top," said Winterkorn in a statement announcing the results. (See pictures of the most important cars of all time...

Author: /time Magazine | Title: Why Volkswagen Is Powering Through the Recession | 7/31/2009 | See Source »

...this crisis. Toyota has been hit hard by falling sales in the U.S. and is closing a manufacturing plant in California, the first closure ever for the world's largest car maker. VW, meantime, is using the downturn to refocus its American efforts. It knows the U.S. market is key to any manufacturer with global ambitions and plans to boost sales there with what VW officials call their "Toyota killer" - a new mid-sized car specifically designed for the U.S. and meant to compete head-to-head with the popular Toyota Camry. The car will be produced...

Author: /time Magazine | Title: Why Volkswagen Is Powering Through the Recession | 7/31/2009 | See Source »

...President circulated the column to his senior staff, Emanuel recalls, declaring, "This is required reading." And that night at his prime-time news conference, Obama repeated Pearlstein's argument. Top aides say he spends at least two hours a day in meetings and on the phone with key members of Congress, particularly those on the Senate Finance Committee - some of whom hear from the President almost daily. His message to them usually boils down to two words: Keep moving. (Read "Congress Seems Sure to Miss Deadline...

Author: /time Magazine | Title: Can Obama Close the Deal on Health Care? | 7/30/2009 | See Source »

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