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...Giovanni Agnelli, a wealthy Turinese landowner, who imported Henry Ford's assembly line. He chose Gianni, his grandson, as his business heir after Gianni's father was killed in a 1935 plane accident, just as Gianni would later anoint Elkann. With his aquiline features and elegant but easygoing manner, Elkann certainly evokes his grandpa, among the 20th century's most admired business leaders and the epitome of globetrotting savoir faire. Henry Kissinger, a longtime close Agnelli friend, says it's too early to try to measure Elkann up to his legendary forebear. But having known the grandson since...

Author: /time Magazine | Title: All In The Family | 6/25/2006 | See Source »

...when Iran finally does make its counteroffer, what follows is likely to be determined less by Washington than by the manner in which Russia, China and the EU countries respond. The Bush Administration had hoped the incentive package would bring the diplomatic process to a climax: either Iran would back down, or it would face sanctions. But if Iran's response generates sufficient interest among those countries in continuing the discussion, there could be even more frustration ahead for Washington...

Author: /time Magazine | Title: Waiting for Iran's Answer | 6/22/2006 | See Source »

...never happened before. As the world looked on, incredulous, a people armed principally with courage and determination (and a few filched guns) fought one of the most spectacular revolutions of modern times. Behind barricades, from rooftops and apartment windows, they harried their powerful oppressors in the classic revolutionary manner, and at week's end they had wrung from the most ruthless of modern despotisms a promise of the right to be free. Havana, Cuba Dec. 9, 1957 Actually, the top leadership of the running rebellion is so prosperous, conservative and respectable that amused Habaneros are calling it "the best-dressed...

Author: /time Magazine | Title: Hard Days | 6/18/2006 | See Source »

...Lilian Jessie Paul likes globombed. Sudip Banerjee, president of enterprise solutions at Wipro, prefers flattened, with a nod to Thomas Friedman, author of the globalization bible The World Is Flat. Says Banerjee: "The jobs will go to those who can do them best, in the most cost-effective manner. Geography is irrelevant." That's something Indians are starting to learn...

Author: /time Magazine | Title: India Inc.: In Search of the Next Bangalore | 6/18/2006 | See Source »

...city's new affluence manifests itself in subtle ways as well. Leo Fernandes, one of my old teachers, told me, "All the other teachers have bikes. Some even have cars. Only I still walk." Others spoke in a similar manner of a simpler life that was disappearing. I met neighbors, relatives and classmates, and each had done well in some way--one had his own house, another a car. But each also had some sorrow we could hardly have imagined. A Catholic friend's daughter had married a Hindu, and her family no longer spoke to her. A Hindu friend...

Author: /time Magazine | Title: My Lost World | 6/18/2006 | See Source »

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