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...most urgent business was in Beijing, where Bush met with Hu Jintao, his Chinese counterpart, and Russian Prime Minister Vladimir Putin - both veto-wielding members of the U.N. Security Council. With world capitals swirling with rumors that Israel might bomb Iran to prevent it from getting a nuclear weapon, Bush intended to press China and Russia for stiffer economic sanctions against Tehran, which has consistently refused to suspend its uranium-enrichment program. To Bush, time is critical; not only is his term running out, but the world's ability to keep Iran from nukes through diplomacy is also fading...

Author: /time Magazine | Title: The Moment | 8/8/2008 | See Source »

...largest parties - who rule by way of a fragile coalition government - have decided to unite to oust the deeply unpopular ex-army chief. The Pakistan People's Party (PPP) led by Benazir Bhutto's widower, Asif Ali Zardari and the Pakistan Muslim League-N (PML-N) of former prime minister Nawaz Sharif also appear to have broken their months-long deadlock over the fate of the judges that Musharraf sacked last November...

Author: /time Magazine | Title: Musharraf in the Crosshairs | 8/7/2008 | See Source »

Hunger is a political issue in Ethiopia. Famine helped bring down the regime of Emperor Haile Selassie I in 1974 and the 1984-5 famine, in which one million people died, fatally undermined the Derg regime of Haile Miriam Mengistu, who was eventually overthrown in 1991. Prime Minister Meles Zenawi was leader of the rebel movement that toppled Mengistu. He spoke to TIME's Africa bureau chief Alex Perry about Ethiopia's latest food emergency and the value of aid at his offices in Addis Ababa...

Author: /time Magazine | Title: Meles Zenawi Q and A | 8/6/2008 | See Source »

...Underlying it all is a feeling on Clinton's part that Obama has never shown proper regard for a campaign she believes was as historic an achievement as his. True, Obama has asked Clinton to give a prime-time speech on the second night of the convention later this month. But as the odds that she will be Obama's running mate have faded, there are signs that Clinton's backers could demand one last show of respect before Obama claims the nomination in Denver. Clinton has been giving tacit encouragement to suggestions that her name be placed in nomination...

Author: /time Magazine | Title: Have the Clintons Gotten Over It? | 8/6/2008 | See Source »

...investors - entrepreneurs such as the Americans Malcolm Glazer (who owns Manchester United), Tom Hicks and George Gillet (who jointly own Liverpool) and Randy Lerner (Aston Villa); and billionaire prestige investors such as the Russian oligarch Roman Abramovich, who has invested more than $1 billion in Chelsea, and former Thai Prime Minister Thaksin Shinawatra, who last year acquired Manchester City. Chelsea, with its 42,000-seat stadium, might be considered an underperforming asset from a strictly business point of view; its revenues in the years since Abramovich took over are far lower than what he has invested. But owning the club...

Author: /time Magazine | Title: Soccer's Billion-Dollar Players | 8/3/2008 | See Source »

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