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...seems well on its way. While most of the electronics industry, including Sony, suffered sagging growth and profits in recent years, LG's market presence surged. Revenues jumped 18% last year, to $17 billion, and net profits rose 33%, to $556 million. LG has the electronics world bracketed. At the commodity end, low-cost plants in China make the firm a power in developing markets. At the big-bucks, high-tech end, LG's home in broadband-rich South Korea has fostered a focus at LG on design and function that fits perfectly into the emerging digital home. Last year...

Author: /time Magazine | Title: Getting Religion | 6/21/2004 | See Source »

...gunned down and another received a threat from a court usher. In a brazen act of intimidation, six former Red Berets, sporting their unit's snarling wolf insignia, sat in the courtroom while a colleague tried to testify. Last week, some 50 men wearing T shirts featuring a red rose, Lukovic's trademark tattoo, came to the courtroom to watch their ex-leader make his statement. When he appears again in court next month, he could derail the trial altogether. Prosecutors were not able to interview him in preparing their indictment and now run the risk of being wrong-footed...

Author: /time Magazine | Title: Disorder in the Court | 6/20/2004 | See Source »

...Yukos affair was heading for the worst possible end - bankruptcy. But Thursday afternoon, Vladimir Putin told journalists he had no interest in seeing Yukos go bankrupt, and in less than two hours Yukos shares jumped by 35% and the market finished 10% up in record trading. Yukos' share price rose again Friday by almost 4%. Putin was careful to stress that he was expressing his own feelings and the courts were, of course, independent. The market, however, clearly feels that the President gets what he wants. Despite this brief burst of optimism, Yukos may still be doomed. Its founder Mikhail...

Author: /time Magazine | Title: The Market Mover | 6/20/2004 | See Source »

...asked if the President who led us into Iraq knows how to lead us out. Bush did not lead me into Iraq; he dragged me, kicking and screaming, along with millions of others who could foresee the catastrophe this ill-advised action would produce. CHARLIE ROSE Boulder, Colo...

Author: /time Magazine | Title: Letters: Jun. 14, 2004 | 6/14/2004 | See Source »

...Four years after Reagan left office, the enduring popularity of his ideas obliged Clinton to back away from his 1993 stimulus spending package in favor of a budget more agreeable to the bond markets. When Clinton's proposed health plan started looking like a return to Big Government, voters rose up to produce the '94 Republican sweep of Congress. By May of that year, only 2% of Americans were telling pollsters they had "a lot" of confidence that the Federal Government could tackle a problem and solve it. Two percent...

Author: /time Magazine | Title: How His Legacy Lives On: Ronald Wilson Reagan (1911-2004) | 6/14/2004 | See Source »

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