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...question is what sort of an impact the banking sector's problems and the cascading margin calls on stock-market investors will have on the Russian economy as a whole. In such volatile times, it's particularly hazardous to make any predictions. But Russia experts say that, for the moment at least, they don't expect the troubles to blow up into a huge national economic crisis like the one of a decade ago, when the ruble collapsed and the economy contracted sharply. If anything, there will be a welcome cooling off in the economy, which has been...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

...Russia has always been a risky place to do business, but that hasn't prevented a huge flow of international investments into the economy this decade. The question now is whether the country's latest bout of economic instability will frighten away, possibly for years to come, the foreign capital the country needs to thrive. No, answers Marc Lhermitte, a partner at Ernst & Young, which in September published a survey of the attractiveness of leading cities. Moscow scored high on the list; Chinese investors ranked the Russian capital just behind Paris, for example. Despite all the recent economic and geopolitical...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

During his 14 years as president and chief executive of the National Environmental Trust, Philip Clapp fought for legislation to combat global warming. He even once called into question Vice President Al Gore's commitment to the environment because of the White House's "failure to provide any leadership on the clean-air standards and on climate changes." Prior to his time with the Trust, Clapp worked on the U.S. House Budget Committee's environmental task force, where he tried, to no avail, to get the U.S. to ratify the Kyoto treaty. It has since been adopted by most developed...

Author: /time Magazine | Title: Milestones | 9/25/2008 | See Source »

...View tends to get tossed into the category of "soft" media. But that raises the question, When The View gives an increasingly press-shy candidate his toughest interview in a while, when it and David Letterman prod the scars of the Democratic primary in interviews with Clinton, when pundits debate the fairness of Us Weekly covers and when Saturday Night Live crystallizes the discussion of sexism and vice-presidential choices, what's so soft about them...

Author: /time Magazine | Title: Lessons from The View | 9/25/2008 | See Source »

...Fight Club” must take note: “Choke” lacks the cinematic intensity, bombastic performances, and thematic density of that film. With its half-baked plotlines and tepid, almost inconsequential digressions into subplots, “Choke” raises the question of whether the novel even merited movie treatment. The film’s unusual twist does little more than further muddle the message of what was already a quiet flop.Victor’s search for familial identity and his choking scheme clearly complement his sex addiction and the Freudian construct of the return...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Choke | 9/25/2008 | See Source »

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