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Such polar-opposite viewpoints about the country's prospects have been typical for Russia ever since its economy began to rebound - along with oil prices - after the currency crisis of 1998. While some have viewed Russia as a fabulous investment opportunity, many have been put off by the taint of corruption and political risk. To assuage such fears, then President Vladimir Putin sat down with about 30 CEOs of Western companies on the fringes of a World Economic Forum meeting in St. Petersburg in June 2007 and gave a concise rationale for why they shouldn't worry. The Kremlin...

Author: /time Magazine | Title: Risky Business in Russia | 8/21/2008 | See Source »

...slowdown in British consumer spending is echoed in Ireland and Spain, although consumers are holding up a bit better in France. In Germany, economists have been waiting for a decade for a consumer-led rebound - and they're still waiting, even though the economy had fared well until recently. Crucially, employment remains buoyant in most countries other than Spain, and so far, despite some job cuts - especially at banks - the overall jobless level remains stable. For example, a regular survey of job opportunities posted online throughout Europe showed no change overall in June; indeed, there was a sharp increase...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

...this makeshift team was going to be a handful. The Turks abused the German outside backs all night, often getting into deep positions behind them. Lahm got taken to the cleaners on Turkey's first goal, when Sabri Sarioglu went around him in a drive that ended with a rebound shot from Ugur Boral. His awkward, sweeping attempt fooled Jens Lehmann, and the German keeper fumbled it into...

Author: /time Magazine | Title: Euro 2008: The Final Countdown | 6/28/2008 | See Source »

...heard from, but Germany never figured to contain him for an entire game. Sure enough, in the 40th minute he came screaming down the left channel and fired a shot that Jens Lehmann could only parry, and Nuno Gomes was there to scored Portugal's first after snatching the rebound...

Author: /time Magazine | Title: Euro 2008: And Then There Were Four | 6/23/2008 | See Source »

...League. We weren’t ready to explode.”When the Crimson returned to the East Coast, it went right into the Ancient Eight schedule and dropped two one-run games to Princeton. Despite the early hole, Harvard remained optimistic that it could rebound and dominate the rest of the Lou Gehrig Division. “There’s no finger pointing on the ball club,” head coach Joe Walsh said after the series with the Tigers. “I think we feel that we can put it together...

Author: By Jake I. Fisher, CRIMSON STAFF WRITER | Title: Harvard Can’t Recover From Historic Early Lows | 6/3/2008 | See Source »

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