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...face-off between Blanque and Tyson highlights a sharp divergence in risk perceptions at the board session, which also included Moises Naim, formerly Venezuela's Trade and Industry Minister, who is editor of the Washington-based journal Foreign Policy; Fang Xinghai, the deputy chief executive of the Shanghai Stock Exchange; and Slawomir Sikora, president of Poland's Bank Handlowy w Warszawie--now part of Citigroup...

Author: /time Magazine | Title: Board of Economists: Growing, At Last | 11/14/2007 | See Source »

...much time, said Tyson and Naim. "Europe has a tsunami coming its way this year," warned Naim. He predicted that as the weak dollar undermines European companies, European countries will be paralyzed by a clash between businesses urging far greater flexibility and unions and other groups seeking protectionist barriers. "This is the clash we're going to see emerging powerfully in Europe in the next 24 months," Naim said...

Author: /time Magazine | Title: Board of Economists: Growing, At Last | 11/14/2007 | See Source »

...adjust the rate or let it float. The argument, made vociferously by the White House, is that the current exchange rate artificially cheapens China's exports, to the detriment of American jobs and the U.S. trade deficit. The trade gap with China is more than $100 billion. Naim called the current rate of $1 to 8.3 yuan "the world's most dangerous number." At issue, he said, is whether it will change in an orderly manner "or suddenly, surprisingly, and unleashing a wave of instability...

Author: /time Magazine | Title: Board of Economists: Growing, At Last | 11/14/2007 | See Source »

...Patrol in Shijaiyah, the toughest neighborhood in Gaza City, Lieut. Naim Ashraf Mushtaha, 31, an officer of the Hamas Executive Force, spots a man in civilian clothes carrying an M-16 assault rifle and walking through the street suqs in broad daylight. His officers quickly encircle the suspect and demand that he identify himself and turn over the weapon. The man turns out to be a member of one of the neighborhood's most powerful clans, and he refuses to give up his gun. "What's my name, boys?" he shouts to the gathering crowd of curious onlookers. "Mohassi Abbas...

Author: /time Magazine | Title: A Sort of Peace in Gaza | 8/2/2007 | See Source »

...promises to rule with Hizballah's agreement. The tipping point was the government's vote to proceed with the international tribunal over Hizballah's objections. "Our fear is that politicians will take advantage of the tribunal to get at us and others in Lebanon," Hizballah deputy secretary-general Naim Qassem told Time. The group is also wary of eventually being pressured by the government to disarm. It argues that as the guerrilla group that ended Israel's 22-year occupation of southern Lebanon in 2000, it needs to stay armed to defend against future Israeli attacks. Clearly, Hizballah is also...

Author: /time Magazine | Title: Standing His Ground | 3/1/2007 | See Source »

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