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...grew at all is not only a sign that marketers have money. It is a sign that competitors are willing to bid against one another to get the best results. A bidding system makes the buyer take a risk that by paying top dollar he can get a reasonable return. When millions of customers are willing to participate in that system to create demand for their products, the economy may be crippled but it is not by any means dead...

Author: /time Magazine | Title: Google: The Economy in a Tea Cup | 4/17/2009 | See Source »

...While mortgage losses show faint signs of moderating, banks still have a lot of credit-card ugliness to work through. At JPMorgan Chase, card services was by far the worst-performing division, with a loss of $547 million. When Whitney asked CEO Jamie Dimon if the business would return to profitability this year, his answer was a succinct "No." At Citi, "credit-card losses seem to be breaking their historical correlation with unemployment," CFO Kelly said. That is, credit-card losses normally rise with the unemployment rate. Now they're rising faster...

Author: /time Magazine | Title: Citigroup's Surprising Profit: Is It for Real? | 4/17/2009 | See Source »

...Sondhi's "yellow shirts," as PAD members are known because of the color of their attire, are a movement of royalists, big businessmen and urban middle class Thais who are opposed to the return of former Prime Minister Thaksin Shinawatra. Thaksin was ousted in a 2006 coup, convicted of conflict of interest charges by Thai courts last year and is now living in self-imposed exile. Sondhi's firebrand speeches full of demagoguery rallied crowds of supporters in prolonged, occasionally violent, protests last year against Thaksin, but he has been accused by critics of stoking hatred against rural people...

Author: /time Magazine | Title: Thai Hopes for Healing Fade After Protest Leader Shot | 4/17/2009 | See Source »

...grievances: They are calling for the current government of Prime Minister Abhisit Vejjajiva to resign and for new elections. They are also demanding an end to what they see as interference in politics by the military, courts and the king's Privy Council, an amnesty for Thaksin, and his return as Prime Minister...

Author: /time Magazine | Title: Thai Hopes for Healing Fade After Protest Leader Shot | 4/17/2009 | See Source »

...Stalin of mass collaboration with the Nazi German invaders, the entire Crimean Tatar population was loaded onto trains and deported to Central Asia over a period of just three days in May 1944. Almost half would die over the following year. Twenty years since they first began to return, there are over 250,000 Tatars in Crimea, around 13% of the population. (See pictures of Europeans marking the defeat of Nazi Germany...

Author: /time Magazine | Title: For Crimea's Tatars, a Home That's Still Less than Welcoming | 4/16/2009 | See Source »

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