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...Alexei Polikarpov, head of the Dyuna Nesting Doll Co., also based in the Nizhny Novgorod region, shares Korotkov's dim view of the government plan. "Realistically, I'm not sure that the funds will reach all of the factories," he says. But even if they do, not all of the country's handicrafts are produced in the small factories that dot rural Russia. In Sergiyev Posad, the historic home of the nesting doll, many people still paint dolls in their living rooms and kitchens. While the government says it aims to save a traditional Russian art form, the artisans...

Author: /time Magazine | Title: Trying Times for Russia's Nesting Dolls | 7/5/2009 | See Source »

...Sunday, members of the KPU maintained that the elections will be held as scheduled on July 8, with a second round in September if no candidate reaches the requirements needed to declare an immediate winner - a 50% national threshold and at least 20% in 17 of the country's 35 provinces. A delay in the elections is unlikely given the tens of millions of dollars that have been spent preparing for the event. Logistics in the sprawling archipelago are daunting, with some voters having to walk miles to reach the nearest polling station. (Watch a video about a destructive...

Author: /time Magazine | Title: As Indonesia's Election Day Nears, Complaints of Fraud Grow Louder | 7/5/2009 | See Source »

...Porsche turned to the German government for help, but was rebuffed. Wiedeking has been negotiating with the Gulf state of Qatar over a cash infusion, but has so far failed to reach any deal. Piech sees the crisis as an opportunity to turn the tables and for VW to take control of Porsche, rather than the other way around. He's offered to buy Porsche's auto operations - but in a manner that provoked a furious response. Last weekend, the usually press-shy Wolfgang Porsche fired off an angry statement to the media accusing his cousin of issuing an ultimatum...

Author: /time Magazine | Title: Why VW and Porsche are On a Collision Course | 7/2/2009 | See Source »

...Corrales says that coups are an "unacceptable" way for opponents to confront ambitious presidencies. But to keep her presidency relevant, Fernández, 56, will have to moderate her own political reach. Although Kirchner's Buenos Aires congressional slate lost to the more conservative opposition party, Union-Pro, he still gets a seat in the Chamber of Deputies because of proportional-voting rules. But Union-Pro leader and billionaire businessman Francisco de Narváez told the Buenos Aires daily La Nación that Kirchner "needs to step aside and let his wife be the nation's President...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

...That's one reason veterans' groups remain on their guard. While they call France's official acknowledgment of responsibility for the consequences of nuclear testing a major breakthrough, they warn that the number of victims will reach into the tens of thousands or more. Because of that, they say Morin's initial compensation fund of $14 million will probably have to be increased to nearly $100 million. Those groups also argue that the commission to hear radiation claims - which will be composed of a judge and eight doctors - should also include veteran representatives. "The past has shown us that experts...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

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