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That's not a drain the BBC can tolerate. The BBC derives 78.5% of its $8.5 billion in income from an annual $275 license fee payable by any household equipped to receive TV. In return, the BBC is obliged to cater to all ages and socioeconomic groups. "In a world of fragmentation, a world of more choice, of a revolution in how people are accessing content, one of our big, big challenges is to hold that reach," Byford says...

Author: /time Magazine | Title: BBC's Blues | 11/15/2007 | See Source »

...dictator. The mystery deepened when Musharraf declared a state of emergency and began a massive crackdown on democratic institutions--and Bhutto responded with only mild criticism, refusing to rule out a power-sharing arrangement with him. Some said her motivation was pure self-interest: she was that desperate to return to power. Others bought Bhutto's explanation that a deal with Musharraf would allow Pakistan a smooth transition to democracy. And conspiracy theorists concluded that she had agreed to join him only at the insistence of their matchmaker, the Bush Administration...

Author: /time Magazine | Title: Analyzing the Bhutto vs. Musharraf Showdown | 11/15/2007 | See Source »

...General Ashfaq Kyani, is deeply loyal to Musharraf--but the Western diplomat is quick to point out that Kyani once worked with Bhutto as her military secretary and that he was involved in the early stages of negotiating her deal with his boss. Bhutto must know that she cannot return to power without the endorsement of the military, the country's most powerful and enduring institution. Pakistani Realpolitik dictates that she may have to rebound from Musharraf into a relationship with another general...

Author: /time Magazine | Title: Analyzing the Bhutto vs. Musharraf Showdown | 11/15/2007 | See Source »

...directly online. Assam Co. also opened the popular Camellia chain in Kolkata (formerly Calcutta) this year, and Soongachi Industries has launched Infinitea, a hip, upmarket tea bar in Bangalore that sells more than 70 brews. Soongachi's Rishi Saria, 30, gave up a software-engineering job in Bangalore to return to Darjeeling and take on marketing for the family company. His cousin Gaurav Saria now heads Infinitea. "Our generation is focusing on improving our quality, product mix and positioning," says Rishi...

Author: /time Magazine | Title: India Brews a Stronger Cup | 11/15/2007 | See Source »

Prosperity adherents believe the right thoughts and speech, along with giving to the church, will prompt divine repayment in this life, with a return as high as $100 on each dollar handed up. On a small scale, Prosperity's positive thinking has sometimes energized the march of the poor into the middle class, but many Christians find it theologically and ethically perverse. Prosperity dominates American religious TV, and millions of adherents send millions of dollars to preachers they have never met. For Grassley, this might be fine if the ministers put all the money back into their mission work...

Author: /time Magazine | Title: Going After the Money Ministries | 11/15/2007 | See Source »

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