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When BMW was looking for a place to roll out its new top-of-the-range 7 Series model, one country immediately came to mind: Russia. Demand for luxury autos has been soaring there - BMW's Russian sales have quadrupled in the past five years and were up 54% last year alone. So the German automaker threw a splashy party in Moscow on July 8, unveiling its revamped model inside a 40-ft.-high (12 m) acrylic-and-steel hourglass that it erected on Red Square itself. The show "reflects the confidence that the BMW Group has in this country...

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

...Bill Clinton tells Charlie Rose that voting for Obama would require a "roll [of] the dice"--the first of a series of remarks that turn the Clinton-Obama contest into a two-on-one battle...

Author: /time Magazine | Title: The Road to Denver | 8/21/2008 | See Source »

...attack planes and missiles cannot handle and which have to be stopped with the immediacy of the push of a button by a future U.S. President. It's not quite a "death ray" but it's the closest existing technology can get to that fantasy weapon. Still, skeptics roll their eyes and say that the report's authors are like a bunch of junior high school boys who have seen all the James Bond movies and believe that if a weapon can be built, it must be built...

Author: /time Magazine | Title: Will the US Develop a Death Ray? | 8/21/2008 | See Source »

...Despite Zebari's confidence, the extent to which al-Maliki will manage to roll back the Bush Administration on the security deal remains unclear. Both Rice and Zebari say a final agreement is close, and each side seems eager to finalize the agreement before the current U.N. mandate for the presence of U.S. troops in Iraq expires at the end of 2008. Still, among the various parties to the talks, al-Maliki now appears to be the one controlling the clock...

Author: /time Magazine | Title: A Tougher al-Maliki Flexes His Muscle | 8/21/2008 | See Source »

...Nevertheless, he hasn't lost hope. "To roll back aggression takes time. But they should know that it is going to happen." Still, "Georgia on its own can't roll back Russian aggression. The real solution is to make sure that Russia can't get away with this. They are convinced that after a while the rest of the world will just forget what happened here. That can't happen...

Author: /time Magazine | Title: Interview: Georgia's President Keeps Firing | 8/20/2008 | See Source »

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