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...elected Chile’s first female president in 2006, democracy in Latin America has reached a point where its implementation is no longer on everyone’s minds, making the system vulnerable to an increase in apathy and institutional distrust among citizens. “What I mean is not that I am a pessimist, but we have a lot of things to do to consolidate a powerful democracy and make citizens feel a part of this democracy,” Bachelet said. Bachelet was blunt about the difficulties Chile has experienced in implementing democracy but looked...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Chilean Leader Focuses On Democracy | 9/24/2008 | See Source »

...private equity firm, only to watch its stake shrink by half in value as financial stocks tanked. "The leadership [in Beijing] thinks they got taken and they are determined not to let it happen again," says a Hong Kong investment banker close to CIC. But that does not mean the Chinese aren't interested. CIC bought 9.9% of Morgan Stanley in December for $5.5 billion; last week Gao Xiqing, CIC's chief investment officer, was in New York for talks with Mack about expanding that stake. But buying 10% or more of the investment bank would have required...

Author: /time Magazine | Title: Japan to the Rescue of Ailing US Firms | 9/23/2008 | See Source »

...stay in touch with my class and keep people in touch with each other.” Other Marshal candidates said they saw the position as a way to express their gratitude to the College. “I would love to do this for my class, and, I mean, it’s really just giving back to this specific class and to Harvard,” said Brittany L. Lin ’09. “I love being a senior, and I loved being here for the past three years.” Margaret M. Wang...

Author: By Pooja Venkatraman, CONTRIBUTING WRITER | Title: Class Marshal Voting Begins for Seniors | 9/23/2008 | See Source »

...transform the way of thinking, to repair the system." Beijing-based China scholar Russell Leigh Moses isn't optimistic that will happen anytime soon. The problem is "not so much political or structural as psychological. The top leadership can't get over their anxiety that any structural reform will mean the end of one-party rule," Moses says. "They are more and more out of step with the public, and even though there's still room for them to maneuver on this, these events accumulate and the wiggle room gets narrower and narrower." At some point, saying sorry just...

Author: /time Magazine | Title: China's Poisoned-Milk Scandal: Is Sorry Enough? | 9/23/2008 | See Source »

...criticism he has drawn for a policy of "silent diplomacy" that was seen by many to appease Mugabe. But it could also be his final defeat. The ANC says it wants Mbeki to continue his work mediating the conflict. With his authority now undermined, that will be no mean feat. Mugabe may well see Mbeki's weakness as an opportunity to squirm out of a deal he never wanted in the first place...

Author: /time Magazine | Title: A Bitter End for South Africa's Mbeki | 9/22/2008 | See Source »

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