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...with transportation costs continuing to plummet and markets becoming freer, there are many more places for companies to set up shop, and traditional advantages such as cheap labor or a lack of tariffs mean less and less in many industries. Multinationals are increasingly opening major operations in second- and third-tier cities - GlaxoSmithKline in Posnan, Poland, Google in Belo Horizonte, Brazil - places that plenty of people have never even heard of. "Companies are adopting an all-shore strategy," says Dennis Donovan, principal of Wadley Donovan Gutshaw Consulting, which helps companies decide where to locate...

Author: /time Magazine | Title: The Changing Face of Globalization | 11/16/2007 | See Source »

...massive amounts of focus and money on one sector since so many factors have to align for economic development to work. "Is Singapore really where the top scientists in the world want to be working?" asks Carana Corp.'s Tugendhat. "Just because you build a great campus doesn't mean they're going to come...

Author: /time Magazine | Title: The Changing Face of Globalization | 11/16/2007 | See Source »

...highest presidential salary among the Ivies—he surely deserves a break. Not that he didn’t deserve the compensation, of course; garbage collectors also make a pretty nice living. And don’t forget that a world without Yalies would also mean that President Bush would take a permanent vacation to the ranch. Cheney might also call in sick—there’s probably a good chance this happens on any given day. Maybe someone could even fix that whole Iraq thing...

Author: By The Crimson Staff | Title: Mistakes Were Made | 11/16/2007 | See Source »

...innocence allows Huckabee to continue to access a part of the media important to Republican hopefuls. Charisma's editor, J. Lee Grady, was slightly amused that anyone would think Copeland would be a burden on Huckabee. "Number one," he says, "Just because Grassley's investigating Copeland doesn't mean Huckabee thinks he's guilty. And number two, Huckabee is courting so many different camps, he's gonna go wherever he's welcomed." Neither are Huckabee's presidential rivals likely to press him on the matter: there is no point annoying religious conservatives...

Author: /time Magazine | Title: Huckabee Stands By a Televangelist | 11/15/2007 | See Source »

...What do you mean by this concept of invincibility," asked an onlooker from the audience, made up mainly of film students with a smattering of meditation devotees. "An invincible Germany is a Germany that's invincible," replied a Delphic Schiffgens, who was dressed in a long white robe and gold crown. "Adolf Hitler wanted that too!," shouted out one man. "Yes," countered Schiffgens. "But unfortunately he didn't succeed." At that the crowd began shouting epithets at the speaker: "You are a charlatan! This is bad theater!" Lynch, who does not speak German, looked on in incomprehension...

Author: /time Magazine | Title: Why David Lynch Should Learn German | 11/15/2007 | See Source »

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