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...among workers and customers; a boost in campus recruiting; a chance to identify and understand new markets and opportunities. The result is an outpouring of corporate-based community service: donations of time, often in the form of forgone vacations, and of company technology and know-how, which enable the poorest of the poor to improve their productivity and break free of poverty...

Author: /time Magazine | Title: A Global Coalition of Good | 9/6/2007 | See Source »

...Then there's the economy, one of the poorest in the world. After 30 years of self-imposed isolation and ruinous quasi-socialist policies, the junta reversed course in the early 1990s, privatizing businesses, welcoming foreign trade and investment, and seeking international aid. But the West began to impose debilitating sanctions, and the threat of boycotts kept most international companies away. The World Bank and the International Monetary Fund were prevented from helping. Around the same time the Burmese discovered a treasure trove of natural gas, worth hundreds of billions of dollars, sitting offshore. The net result? A Burmese regime...

Author: /time Magazine | Title: From Bad to Worse | 8/30/2007 | See Source »

...been working herself sick, and her superiors ordered her to relax during her annual retreat in the Himalayan foothills. On the ride out, she reported, Christ spoke to her. He called her to abandon teaching and work instead in "the slums" of the city, dealing directly with "the poorest of the poor" - the sick, the dying, beggars and street children. "Come, Come, carry Me into the holes of the poor," he told her. "Come be My light." The goal was to be both material and evangelistic - as Kolodiejchuk puts it, "to help them live their lives with dignity...

Author: /time Magazine | Title: Mother Teresa's Crisis of Faith | 8/23/2007 | See Source »

...wildly audacious - an unfunded, single-handed crusade (Teresa stipulated that she and her nuns would share their beneficiaries' poverty and started out alone) to provide individualized service to the poorest in a poor city made desperate by riots. The local Archbishop, Ferdinand Périer, was initially skeptical. But her letters to him, preserved, illustrate two linked characteristics - extreme tenacity and a profound personal bond to Christ. When Périer hesitated, Teresa, while calling herself a "little nothing," bombarded him with notes suggesting that he refer the question to an escalating list of authorities - the local apostolic delegation...

Author: /time Magazine | Title: Mother Teresa's Crisis of Faith | 8/23/2007 | See Source »

...July 23, Beijing made its boldest investment play yet. The China Development Bank (CDB), a huge, state-owned institution that until recently has focused on making large, subsidized loans for infrastructure projects, typically in the country's poorest regions, is plunging into the middle of a takeover fight for one of Europe's biggest and most venerable banks. Teaming up with Singapore's state-owned investment vehicle, Temasek--which will put up an initial $1.9 billion--CDB will fork over $3 billion for a stake in Barclays, the British bank locked in a struggle with a consortium led by Royal...

Author: /time Magazine | Title: Enter the Dragon | 8/2/2007 | See Source »

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