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Chile, meanwhile, seems to be doing everything right. Though it is small (pop. 16 million), its GDP is $145 billion, one of Latin America's highest per capita, and is expected to grow more than 5% this year with little inflation (though recent labor and student protests indicate Chileans want a larger slice of that wealth). Its size precludes large-scale manufacturing, so it heavily promotes value-added industries for its myriad commodities, like copper and timber. Compańķa Sud Americana de Vapores, Latin America's largest maritime-transport concern, reflects how Chile has turned itself from a hemispheric...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

...family's origins, three generations ago, in Guangdong province in southern China. His first name and French accent reflect the European culture of his adopted home on the Indian Ocean island of Mauritius. His children are at college in Perth, Boston and, soon, London. And his $200 million-per-year business is a microcosm of globalization in action. It buys raw cotton from Asia and Africa, ships it to Mauritius, spins it into yarn and makes it into clothes designed in-house. Those are shipped to retailers in Europe, Asia and the U.S. "We have to import...

Author: /time Magazine | Title: The Highs and Lows of African Oil | 11/15/2007 | See Source »

Tuason, of the DMC, concurs: ā€œI would love to see us on pay-per-view events. WWF intros, with all the crazy fireworks and things...

Author: By Daniel J. Mandel, CRIMSON STAFF WRITER | Title: The All-Spin Zone | 11/14/2007 | See Source »

...This is the farthest thing from a college atmosphere that I think is possible Thereā€™s really not a college life per se,ā€ he said...

Author: By Victoria B. Kabak, CRIMSON STAFF WRITER | Title: Willey To Enter Council Race | 11/14/2007 | See Source »

...dust, but at root the dotcom millionaires of the late 1990s are not so very different from their mining ancestors. The metaphor of all wealth production is gambling, and Australians are among the most shamefully obsessed gamblers in the world. We have 20 times as many "pokies"--poker machines--per person as Americans. Our styles of wealth production enforce the belief that superiority is luck and only luck: no moral lessons apply. The Puritan impulse toward social responsibility that created the American system of educational, cultural and scientific philanthropy hardly exists in Australia...

Author: /time Magazine | Title: The Real Australia | 11/14/2007 | See Source »

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