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...line waiting for London launches. So business leaders in both London and Moscow have been watching recent developments with dismay. "Russian big business can only wish that the whole thing is over and done with as soon as possible," says Mikhail Kozhokin, the vice president of VTB-24, a major Russian state- controlled bank. "Nobody wants any disruptions. Not just in business - Britain is the favorite country where many top Russian businessmen send their children to school, buy real estate, settle their families and look forward to enjoying retirement...

Author: /time Magazine | Title: Stranger Than Fiction | 7/19/2007 | See Source »

...estate boom of the first years of this millennium. It kept us spending through the tough years that followed the stock market's collapse, and it allowed the Bush Administration to finance big budget deficits without strain. Easy money also helped enable the rise of private equity as a major economic force...

Author: /time Magazine | Title: The End of Easy Money | 7/19/2007 | See Source »

...does not have a center," he says. "Al-Qaeda operates in Pakistan; al-Qaeda operates in Afghanistan. It has distributed networks and affiliates in Algeria. It has ties, awkward as they are, to Hamas. We are talking about a network, which is international in character, which will be a major threat whether we win or lose in Iraq...

Author: /time Magazine | Title: How to Leave Iraq | 7/19/2007 | See Source »

...through the ranks: Broadway debut at 20 in the World War II musical Over Here!, the lead role in the Broadway Grease at 21, TV fame as sexy Vinnie Barbarino on Welcome Back, Kotter at 22. Then the Fever struck. Travolta radiated old-time star quality in his first major film role; he had the strut, the moves and the blinding white suit to be a disco dreamboat. Six months after Saturday Night Fever, which had a boffo domestic box office of $94 million, came Grease, which earned twice that...

Author: /time Magazine | Title: Travolta's Latest Comeback | 7/18/2007 | See Source »

...sounded very inspiring. In a major speech last night out of the White House, U.S. President George W. Bush called for a revival of peace talks between Israelis and Palestinians, and proposed that Israel and some Arab states hold a regional peace conference this fall. "The international community must rise to the moment," he said. "The world can do more to build the conditions for peace." All this from an Administration that was once wary of repeating the patterns of previous presidencies by devoting time and prestige to solving a conflict that refused to be solved...

Author: /time Magazine | Title: Can Bush's Mideast Peace Talks Work? | 7/17/2007 | See Source »

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