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...Hence, it is highly unlikely that Venezuela will ever be able to afford the loans and war material it receives from Russia, for even in the medium term, the junior member of this alliance is financially unsound and, increasingly, politically powerless. Despite the threatening sound of this partnership for U.S. interests, it is clear that these unlikely allies came together out of fear: Whereas the Kremlin fears diplomatic isolation, Chavez fears his end may be fast approaching. What we should all fear is what a populist like Chavez will do with Russian weaponry at a time when he is desperate...

Author: By Pierpaolo Barbieri | Title: The Axis of Guns and Oil | 10/15/2008 | See Source »

...cost of developing new, more fuel-efficient vehicles is driving companies together, observes another executive, who notes that GM has already collaborated with Ford on building new transmission and has worked with Chrysler and BMW in developing hybrid vehicles. Chrysler spokeswoman Lori McTavish said that Chrysler entered into a partnership with Nissan earlier this year to build trucks for the Japanese automaker. Last month, the company began building minivans with Volkswagen North America. VW is already marketing the Chrysler-built minivans with slick new ad campaign featuring Brooke Shields...

Author: /time Magazine | Title: How Likely is a GM-Chrysler Merger? | 10/13/2008 | See Source »

...interview after a panel about the partnership between government and business, former chairman of the Securities and Exchange Commission William H. Donaldson spoke about two regulations he viewed as absolutely necessary in the aftermath of the financial crisis: regulating the credit rating agencies—which he said didn’t pay enough attention to liquidity standards—and regulating exchanges of swaps and other derivatives, assets whose value is based on the value of other assets...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Harvard Business School Marks 100 Year Anniversary | 10/13/2008 | See Source »

...With The Partnership, Ellis has fashioned a taut and anecdote-rich narrative stretched over a sturdy frame of historical context. A longtime consultant to Goldman, he sometimes lets the book lapse into press-releasey hagiography. But for a job well done, Ellis deserves to take a victory lap around Wall Street. You'll surely recognize him; he'll be out there by himself...

Author: /time Magazine | Title: Business Books | 10/9/2008 | See Source »

...subsidiary, and 10% commercial-services exporter running emergency rooms in the Middle East and transplant and cancer programs in Europe. It looks to companies such as Siemens and General Electric as role models, since both do basic research but have to develop profitable products. UPMC has formed a joint partnership with GE, called Omnyx, to develop an information-technology-based digital pathology business. Each company is investing $20 million...

Author: /time Magazine | Title: Finding One Economic Bright Spot on Main Street | 10/9/2008 | See Source »

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