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...That's certainly the logic behind many of the recent deals. "[Economic] liberalization made Indian companies a lot more competitive globally, especially when it comes to price," says Ranjit Pandit, a director at consultancy firm McKinsey & Company in Bombay. "The two things missing were customer access and certain advanced technologies." It's much faster to buy what you need than spend years building it up yourself. By purchasing Corus, for example, low-cost steel producer Tata Steel hopes to get access to technology to make more sophisticated products, as well as a European client base. By bidding for Daewoo, Videocon...

Author: /time Magazine | Title: India takes on the World | 11/20/2006 | See Source »

...admit it. (Last week, when he started a long answer to a question from David Frost on al-Jazeera about Iraq's being "pretty much of a disaster" with the apparent agreement, "It has," his spokesman said no admission was intended.) So now his speeches take strange turns of logic around the hardest questions and are populated with straw men bred for easy defeat. Aides say he is frustrated. With good reason: the man who said "what counts is what works" has rendered himself unpersuasive and ineffective. He is counting down the days, knowing a large part of his foreign...

Author: /time Magazine | Title: Running on Empty | 11/19/2006 | See Source »

...That logic may no longer apply. Crime is down, but the city's old dysfunctions have been joined by acute new economic pressures on Miami's middle class and retirees. Now that the city's jagged growth spurt is showing signs of sputtering, regular Miamians are taking stock of their new city: traffic jams, half-built high rises, struggling schools. And more than ever, they are voting with their flip-flops. They're leaving town...

Author: /time Magazine | Title: Letter From Miami: There's Trouble--Lots Of It--in Paradise | 11/19/2006 | See Source »

Friedman's masterpieces of essays, such as Capitalism and Freedom, advised Americans not to look to the state for either rights or responsibilities but to look to themselves for their strength, and then made his case with numbers. He took on Marxism and with potent logic proved that it did not work. He was perhaps the most impressive combination of mathematician, economist and caped crusader there has ever been...

Author: /time Magazine | Title: Milton Friedman, Freedom Fighter | 11/19/2006 | See Source »

...philosophy department’s secondary field program consists of six tracks, each of which will require six courses, according to Department Chair and Walter Beverly Pearson Professor of Modern Mathematics and Mathematical Logic Warren Goldfarb...

Author: By Peter R. Raymond, CRIMSON STAFF WRITER | Title: Nine Secondary Fields Approved | 11/17/2006 | See Source »

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