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...public pronouncement serves a purpose. "You think about this stuff all the time when you're in the business, but there's this time in December or January when you put it on paper," says Bob Doll, BlackRock's chief investment officer of global equities, another strategist known for his annual predictions. "It gives you something to point back to and say, What did I get right and wrong and what did I learn from...

Author: /time Magazine | Title: 2010 Financial Forecasts: A 50% Chance of Being Right | 12/21/2009 | See Source »

...opportunity to voice their disproval of the proposed deal. And many took full advantage of that opportunity. The summit's final negotiating session dragged on for more than 30 straight hours, concluding on Saturday afternoon with the parties agreeing simply to "take note" of what had become known as the Copenhagen Accord. Although the refusal of several nations to endorse the deal meant it fell short of formal approval, according to the U.N. the outcome was enough for aspects of the agreement to become operational. "It may not be everything we hoped for, but this decision of the Conference...

Author: /time Magazine | Title: Obama's Climate Compromise Leaves a Bitter Aftertaste | 12/20/2009 | See Source »

Politics have unraveled the Fonseka-Rajapaksa alliance. In his interview with TIME, Fonseka repeated charges, first published in a Sri Lankan newspaper, the Sunday Leader, that Gotabaya Rajapaksa had given orders that top LTTE commanders not be allowed to surrender. "This is well known to all those who were there in the field," Fonseka said. "[The Defenwe Secretary] was supposed to have said, 'Whether anybody comes with white flags or no, finish off everybody.' I was the Army Commander, they never passed that message to me, never even consulted me. I only came to know this after two days after...

Author: /time Magazine | Title: The Conquerors of the Tigers Now Battle for the Spoils | 12/20/2009 | See Source »

...attempt to retain custody of his late wife's son. (She died in childbirth earlier this year.) But there is still a sense that the already slow legal system is being swayed, in part, by money and influence. Sean's stepfather's family, the Lins e Silvas, is well known in Brazilian legal circles and they have so far used the system skillfully to retain custody of the child. (Can Rio's crime problem be solved before the Olympics...

Author: /time Magazine | Title: The Battle for Sean Goldman: The View from Brazil | 12/19/2009 | See Source »

...unbelievable and surreal that they are not giving custody of the boy to the biological father," read one typical comment. "This is only happening because the stepfather - the one with the least right to the child in question - is a rich and well-known lawyer. This story disgusts me because it is representative of thousands of other equally unjust [tales], where power speaks louder than ethics and justice...

Author: /time Magazine | Title: The Battle for Sean Goldman: The View from Brazil | 12/19/2009 | See Source »

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