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...course, the highly unusual free loan arrangement leaves open the possibility that Beckham is simply going to Milan to keep in shape through the European winter by training with a top club, and keeping his England prospects alive. (He spent last year's MLS off-season training with England's Arsenal.) But Milan is hyping the arrival of its new recruit, and suggests it could buy out the remainder of Beckham's contract with L.A. The chance of that happening, however, if highly improbable, given the money required and Beckham's own declining play. Galaxy coach Bruce Arena opposes even...

Author: /time Magazine | Title: Extend It Like Beckham: From LA to Milan | 10/23/2008 | See Source »

...owners' plan is to revert to the original Mambo recipe of humor, social commentary and art, while stirring in a fistful of contemporary spices. Co-owner Angus Kingsmill told TIME: "We believe Mambo has massive global potential. It would take almost a perfect storm to stop us." In the shape of the meltdown on financial markets, something like that storm is rattling the windows of businesses across the world. Preparing for Mambo's November relaunch, Kingsmill concedes that securing capital has been hard lately. "But we're still growing Mambo against all the economic trends...

Author: /time Magazine | Title: Born-Again Mambo | 10/23/2008 | See Source »

...analysis is this. After World War II, the U.S. built an international system that protected those who signed up to its values, and that provided the means for contesting Soviet communism. Now, with the end of the Cold War, and in the messy world that has taken shape in its aftermath, it is time for America to show leadership again. In his set-piece speech on foreign policy in Chicago in April 2007, for example, Barack Obama identified no less than five ways in which the U.S. should lead the world. But John McCain made the point with greatest clarity...

Author: /time Magazine | Title: America: The Lost Leader | 10/23/2008 | See Source »

...modernity. Now it does not. There are, we have learned, many ways of being modern, and they do not all follow the path blazed by the U.S. This isn't just because in China - or in Russia, for that matter - the social and economic attributes of modernity have taken shape without the trappings of democracy, American style, though that is important. The same phenomenon is also evident in countries that are recognizably democracies. I have written before in TIME about a village in Crete that I have been visiting for more than 30 years. In the mid-1970s, there...

Author: /time Magazine | Title: America: The Lost Leader | 10/23/2008 | See Source »

...world has changed; one that does not argue that simply because America was founded on a great idea 232 years ago, it has a moral superiority over everyone else today - is an America to which others would listen. We will soon know if such an America is taking shape...

Author: /time Magazine | Title: America: The Lost Leader | 10/23/2008 | See Source »

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