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...Berezovsky, the former oil and media magnate who prospered during Yelstin's rule but fled Russia facing accusations of fraud after Putin took charge. For most of that decade, between five and 10 businessmen (most notably Berezovsky, Mikhail Fridman, Mikhail Khodorkovsky, Vladimir Potanin and Vladimir Gusinsky) ruled Russia. Their power reached its height at Yeltsin's re-election as President in 1996 - the same oligarchs who financed Yeltsin's campaign went on to buy lucrative state assets at knock-down prices. When he took power in 2000, Putin immediately set out to rein in the oligarchs, offering them a straightforward...

Author: /time Magazine | Title: Alexander Lebedev: Rich Advice | 7/27/2009 | See Source »

...Four Weddings and a Funeral. It's closer to the high-IQ ranting in plays by John Osborne and TV dramas by Dennis Potter. Put all these witty, rancid voices together and you hear the wail of a depleted nation that has lost nearly every imperial perquisite but the power to call other people idiots, and the skill to carry it off with salacious style...

Author: /time Magazine | Title: In the Loop: Stinging Strangelovean Satire | 7/26/2009 | See Source »

...Focusing on the symbolic power of money, the study's authors, Xinyue Zhou of Sun Yat-Sen University, Kathleen Vohs of the University of Minnesota and Roy Baumeister of Florida State University, started with a simple hypothesis: reminders of money can alter how people experience social interactions - especially social acceptance and rejection. (See 10 things to buy during the recession...

Author: /time Magazine | Title: Why Counting Money Can Make You Happier | 7/25/2009 | See Source »

...have an uncomfortable choice with Sergeant Crowley. Either he didn't know what disorderly conduct is or he decided to show Gates who's boss the only way he knew how - by whipping out his handcuffs and abusing his power to arrest. Police make the latter choice in this country every day, knowing the charges are going to have to be dropped. (See TIME's 10 Questions for Henry Louis Gates...

Author: /time Magazine | Title: Viewpoint: The Stupidity of the Gates Arrest | 7/25/2009 | See Source »

...reference to the presidential amnesty. "The Chief Justice has already said that it's a pending matter. It's very significant. If he's going to take it up, it is naturally going to ruffle feathers, to put it lightly." Zardari is already burdened by unpopularity, public anger at power cuts and prices, and the challenges of taming Islamist militancy. If the Supreme Court continues to flex its muscles and revisits the president's old corruption cases, he could find himself in even more trouble than Musharraf seems...

Author: /time Magazine | Title: Pakistan's Activist Judges Target Musharraf | 7/25/2009 | See Source »

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