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...million per year. "I think he has been really great," Nike chairman Phil Knight told the Sports Business Journal this week. "When his career is over, you'll look back on these indiscretions as a minor blip, but the media is making a big deal out of it right now." Woods' sexcapades and subsequent absence from the Tour might not hurt Nike's $650 million golf business as much as you think. Golf accounts for less than 4% of Nike's revenues. And according to Matt Powell, an analyst at SportsOneSource, a market-research firm, Woods-branded Nike apparel...

Author: /time Magazine | Title: Tiger Woods' Sponsors: Will Any Stick by Him? | 12/16/2009 | See Source »

...original pirates of the Caribbean were liars, cheats and thieves. But they could be trusted to pour a glass of rum the right way. Unlike many modern imbibers - who debase the sugarcane-based spirit with Coke, coconut cream or fruit juice - the bloodthirsty seafarers enjoyed their hooch neat. (Edward "Blackbeard" Teach was the exception; he took his grog with a pinch of gunpowder.) Now artisan rum producers from Antigua to Venezuela are persuading sophisticated sippers to dump the mixers and drink like Captain Kidd once more. These master distillers specialize in dark, aged rums that are big on nose...

Author: /time Magazine | Title: A Rum Time in the Caribbean | 12/16/2009 | See Source »

...were "completely determined to succeed". He knows better than most how elusive peace in Cyprus can be. Carter was responsible for the United States backing a 12-point Cyprus peace plan in 1978, which failed to produce results. Thirty years on, perhaps this time they'll finally get it right - if a missing corpse doesn't come between them...

Author: /time Magazine | Title: Missing Corpse Clouds Cyprus Peace Process | 12/16/2009 | See Source »

...Such suspicions have boosted support for far-right politicians like the Netherlands' Geert Wilders, whose Freedom Party won 11% of the Dutch vote in June's European elections with an anti-Islam platform. The OSI report says the chilling political climate has alienated Muslims, often making them feel unwanted. Several European countries are tightening their immigration laws, imposing citizenship tests and setting strict rules on wearing headscarves and burqas. Last week, reacting to the Swiss minaret vote, French President Nicolas Sarkozy called on religious practitioners to avoid "ostentation" and "provocation" so as not to upset others...

Author: /time Magazine | Title: Study: European Muslims Feel Shut Out | 12/16/2009 | See Source »

...better integrated in the U.K. than in other parts of the E.U.: an average 78% of Muslims identified themselves as British, compared with 49% of Muslims who consider themselves French and just 23% who feel German. (See more about European politics in "The March to the Far Right...

Author: /time Magazine | Title: Study: European Muslims Feel Shut Out | 12/16/2009 | See Source »

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