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...from anyone to cast a shadow over the famous Maine lobster. But even this fabled treat failed to work as a sweetener on Russian President Vladimir Putin. On the way to Kennebunkport, where President George W. Bush's family were receiving "friend Vladimir" earlier his month, Putin had been particularly fretting about the prospective deployment in Europe of the U.S. Anti-Ballistic Missile system (ABM), a shield against missiles that rogue countries, Iran in particular, may be able to launch in future. In addition to ABM, which Putin considers a threat to Russia, NATO failed to ratify the Conventional Forces...

Author: /time Magazine | Title: Why Putin Pulled Out of a Key Treaty | 7/14/2007 | See Source »

...VALLEY OF THE SHADOW OF DEFEAT There was a certain purity to John Kerry's failure in 2004: when it came to religious voters, as the saying goes, he never missed an opportunity to miss an opportunity...

Author: /time Magazine | Title: How the Democrats Got Religion | 7/12/2007 | See Source »

Indeed, the deadly bombing and the threat of further attacks has cast a shadow over an otherwise successful year for UNIFIL. From 2,000 armed observers last summer, UNIFIL today stands at some 13,500 troops drawn from 30 nations, including European heavyweights such as France, Italy and Spain. It even includes a naval component to prevent arms being smuggled into Lebanon by sea. UNIFIL's mandate is to assist the Lebanese army in securing Lebanon's volatile southern frontier in accordance with U.N. Resolution 1701, which helped end last summer's 34-day war. "The mission has been...

Author: /time Magazine | Title: Peacekeeping with Hizballah's Help | 7/11/2007 | See Source »

...well into the 21st century, yet roughly half the world's people live in makeshift homes in squatter settlements and work in shadow economies. In many countries, more than 80% of all homes and businesses are unregistered; in the Philippines, the figure is 65% and in Tanzania, 90%. More than one-third of the developing world's GDP is generated in the underground economy, a figure that has increased steadily over the past decade...

Author: /time Magazine | Title: Giving the Poor Their Rights | 7/5/2007 | See Source »

...visits to 29 agencies and the financial equivalent of 27 times the monthly minimum wage. A recent study by the Inter-American Development Bank in 12 Latin American countries found that only 8% of all enterprises are legally registered and that close to 23 million businesses operate in the shadow economy. The proprietors of these businesses cannot get loans, enforce contracts or expand beyond a personal network of familiar customers and partners...

Author: /time Magazine | Title: Giving the Poor Their Rights | 7/5/2007 | See Source »

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