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...Singapore; he also doubled his Vegas space by adding the Palazzo to his Venetian hotel. In a short time, he has accumulated a debt-to-earnings ratio of 6.8 to 1 in the U.S. Then the loans stopped coming, and his stock price sank from $144 to $1.42 in March. (It now hovers at about $12.) That's his crane parked between the Venetian and the Palazzo resort, atop the St. Regis condominium, on which work has been halted for the foreseeable future. (Read TIME's 2004 cover story "The Strip Is Back...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

TIME sat down with Sudan's President Hassan Omar al-Bashir in Khartoum two weeks ago. In March, the International Criminal Court (ICC) indicted Bashir for war crimes and crimes against humanity for his role in the conflict in Darfur, where at least 200,000 people have died since...

Author: /time Magazine | Title: Omar al-Bashir Q&A: 'In Any War, Mistakes Happen on the Ground' | 8/14/2009 | See Source »

...Adjusted for inflation, the S&P 500 is down 65% since then. We've been through the worst 10-year period of stock returns on the S&P in the history of American equities. But I think we saw the bottom of the secular bear market [at the March lows]. My view is that the money is coming back...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

...bottom in March, does that mean better times are ahead? Just because we made the bottom of a secular bear market doesn't mean we're in a new bull market. The history is that when you make the bottom of a secular bear market, in almost every situation, there has been a huge rally followed by a long period of churning back and forth in a big, broad trading range, anywhere from three to - in the case of Japan - 18 to 20 years. As for the rally, the usual rebound rally after one of these things is 71% over...

Author: /time Magazine | Title: Why an Investment Guru Is Bullish on Recovery | 8/13/2009 | See Source »

Sudan's President, Omar Hassan al-Bashir, reckons that being on the run is easy. In March, the International Criminal Court (ICC) indicted al-Bashir for war crimes and crimes against humanity for his role in the conflict in Darfur, where at least 200,000 people have died since 2003 in a campaign that the Bush Administration described as government-sponsored genocide. The ICC indictments, the first to be handed down against a sitting head of state, obligate the world's nations to arrest al-Bashir on sight. And yet, he points out, he has attended summits and meetings...

Author: /time Magazine | Title: Omar al-Bashir: Sudan's Wanted Man | 8/13/2009 | See Source »

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