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...Even more crucially, despite the election of market-friendly President Nicolas Sarkozy, France’s relationship with financial markets is a troubled one–hence Kerviel’s heroic status. In 2006, a University of Maryland poll revealed that only 36 percent of French people believed that free-market capitalism was the best system of economic organization, compared to 74 percent in China. No wonder being called “Che Guevara” is a compliment in the Gallic press...

Author: By Pierpaolo Barbieri | Title: When It Hits the Fan | 2/12/2008 | See Source »

Pundits may well marvel that, for once, participants in Tuesday's D.C., Maryland and Virginia Democratic Potomac Primaries will be casting votes that "actually matter," but yesterday's results among Republicans show that even if a party's nomination is all sewn up, votes can still matter quite a lot. John McCain's losses in Kansas and Louisiana - and his narrow win in Washington State - suggest that, at the very least, the Republican Party will not be able to begin preparing for the general election as soon as leaders would like. At worst, Mike Huckabee's insistence on staying...

Author: /time Magazine | Title: Obama Sweeps, Huckabee Hangs On | 2/10/2008 | See Source »

...four more states are scheduled to cast their ballots, and while they will not be the deciding factors in what remains a virtual dead heat between him and Hillary Clinton, the contests could give Obama an extra boost heading into next week's important Potomac primaries of Virginia, Maryland and the District of Columbia. On a conference call with key Clinton donors on Thursday, the campaign's senior strategist Mark Penn admitted as much; "I think we'll have some bumps in the road, some difficult states in the next week...

Author: /time Magazine | Title: Obama's Weekend to Win | 2/8/2008 | See Source »

...considerably, Obama's aides say, that will play in favor of a candidate who is gaining strength against a far more established front runner. The next round of primaries in particular will be on friendly territory for Obama. He is expected, for instance, to sweep the Beltway cluster of Maryland, Virginia and the District of Columbia, which has a large number of upscale Democrats and African Americans...

Author: /time Magazine | Title: It's Not Over Yet | 2/7/2008 | See Source »

...Still, both campaigns believe the primary calendar over the next few weeks will be more friendly for Obama. He is expected to do well in this weekend's caucuses in Washington and Nebraska and sweep next Tuesday's Beltway cluster of Maryland, Virginia and the District of Columbia, which have a large number of upscale Democrats and African Americans. And he goes forward with a growing financial advantage, having raised $32 million in January - largely from small donors who can be tapped again - which was more than twice as much as Clinton's $13.5 million take. If anything, the Super...

Author: /time Magazine | Title: For the Dems, a Dead Heat Gets Hotter | 2/6/2008 | See Source »

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