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...biggest banks may need the help. Some observers estimate they may be saddled with a total of up to $7 billion in bad debts. But Thuy says state-owned banks are in better financial shape than is commonly believed. Nonperforming loans have been cut from 20% to as low as 3%, he says. Industry experts say the real number is probably three times that, but admit Vietnam has made progress in reducing bad loans. "It's not a China-like situation," says Alain Cany, chief executive for HSBC in Vietnam. (Up to 50% of the loan portfolios of China...

Author: /time Magazine | Title: Open Season | 4/19/2007 | See Source »

...Eton and Oxford alumnus looks and sometimes sounds like an unreconstructed colonial nawab. He clasps his hands behind his head, exposing a pair of malachite cufflinks that glitter against gleaming white cuffs. "The secret to a good suit," he muses, "is using a heavy wool fabric. It keeps the shape much better...

Author: /time Magazine | Title: Stewart of Afghanistan | 4/19/2007 | See Source »

...expected retirement of 120 professors—39 in the humanities, 43 in the social sciences, 14 in the life sciences, 15 in the physical sciences, and 9 in the School of Engineering and Applied Sciences—will allow the FAS dean to further shape the distribution of the Faculty across the disciplines. But with Knowles scheduled to step down as interim dean in late June—and with President-elect Drew G. Faust yet to name Knowles’ successor—some professors have questioned whether the dean’s plan will proceed even after...

Author: By Carolyn F. Gaebler, CRIMSON STAFF WRITER | Title: Science Growth Hampers Fields | 4/18/2007 | See Source »

...creating, you should always have your eyes drifting. Nothing is unworthy of being looked at as a shape, a form, a possible part of a design." ?Christian Louboutin, French shoe designer

Author: /time Magazine | Title: Verbatim: Apr. 22, 2007 | 4/17/2007 | See Source »

...keep talking. The two have announced plans to meet next week, keeping a commitment both made to Rice when she met with them last month. The Secretary of State hopes that regular contact between the two men will develop sufficient trust to allow them to broach discussions over the shape of a two-state solution to the conflict. But there are no peace negotiations on the immediate agenda. Indeed, the most intense - if indirect - bargaining under way right now involves Hamas and Israel, over the list of the Palestinian prisoners Israel will be required to release in exchange...

Author: /time Magazine | Title: U.S. Hopes to Strengthen Abbas | 4/12/2007 | See Source »

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