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...tumbling down a division. With that kind of stability, building a brand in Asia and other foreign markets may not seem such a stretch, even for relatively small clubs. Despite losing money last season, Sheffield United bought China's Chengdu Five Bull football team (and duly renamed the side the Blades, to match the English club's moniker). Since then, United has opened a city-center bar and retail outlet at the stadium. Analysts are impressed. "If a club hasn't got a high profile or heaps of cash, building relationships in the local market is a cost-effective...

Author: /time Magazine | Title: The Goal Rush | 4/26/2007 | See Source »

...this unsettled, formative phase, the Africans worked side by side with white indentured servants whose physical hardships and treatment were largely similar to their own. Too much has been made of the fact that manumission, the formal emancipation from slavery, was open to the most resourceful of them, that a few of the manumitted prospered and that blacks and laboring whites interacted on intimate terms. This was typical of nearly all new multiethnic settlements in the Americas. The colony's élite remained committed to indentured white servitude as the backbone of the labor force until at least the middle...

Author: /time Magazine | Title: The Root of the Problem | 4/26/2007 | See Source »

...anyone's venture is special to him. And the England of James I and his predecessor, Elizabeth I, suffered from overpopulation and poverty. Pushing people into other lands could solve both problems and even have a side benefit. As the Rev. Richard Hakluyt, England's premier geographer, put it, "Valiant youths rusting [from] lack of employment" would flourish in America and produce goods and crops that would enrich their homeland. The notion was so prevalent that it inspired a blowhard character in the 1605 play Eastward Ho! to declare that all Virginia colonists had chamber pots of "pure gold...

Author: /time Magazine | Title: Jamestown: Inventing America | 4/26/2007 | See Source »

Smith was the only one, too, in Jamestown's first fragile years, with the ability to impose order and direction upon the bold but uneven and quarrelsome crowd that journeyed in leaking wooden boats to the far side of the world to claw out an English beachhead. "His mixture of great white father and avenging god superbly achieved what he wanted--a food supply," wrote Barbour. With the colony's survival hanging in the balance, "other questions were academic...

Author: /time Magazine | Title: Captain John Smith | 4/26/2007 | See Source »

...finest moments, Yeltsin showed a side of Russia that the West could believe in, a Russia that shared the West's values and interests. The irony is that Yeltsin's more enduring legacy may be that he delivered a weak nation to a successor who is fashioning once again a Russia that is a threat to the West...

Author: /time Magazine | Title: Boris Yeltsin | 4/26/2007 | See Source »

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