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...list is Oleg Deripaska, head of investment firm Basic Element, which has interests in the aluminum, energy and financial-services sectors among others, and recently received a $4.5-billion infusion from the state.) "Once they found themselves in trouble they started this sort of SOS signal, calling on Putin's door, 'Give us the money,' " he says. Lebedev says he is not receiving any government cash, and that the crisis and the bailouts are only widening the chasm between the "first tier" of people who own (and run) Russia and everyone else. "The first tier, this is where the crisis...

Author: /time Magazine | Title: Alexander Lebedev: Rich Advice | 7/27/2009 | See Source »

...Keep quiet: Berlusconi could have insisted from the get-go that his personal life is, well, personal. Yes, his wife accused him of frequenting "underage females" just before she filed for divorce in April. But by keeping absolutely mum, Berlusconi could signal that he won't be drawn into the tabloid frenzy. Then he has to hope that the story fades away. (See Berlusconi's worst gaffes...

Author: /time Magazine | Title: The Berlusconi Tapes: 5 Ways to Evade the Scandal | 7/22/2009 | See Source »

...deeply concerned," says Jana Mittermaier, who heads the Brussels office of anti-corruption group Transparency International. She says Bulgaria has long been saddled with a non-functioning judiciary and a lack of political will to fight corruption. "We hope that the new government will be able to take the signal from Brussels to radically change the system," she adds. "It needs to start cleaning things up so that serious sentences can be enforced against corruption and organized crime."(Read "Europe Tries to Break Its Russian Gas Habit...

Author: /time Magazine | Title: Could the E.U. Lose Bulgaria to Russia? | 7/22/2009 | See Source »

When the Polaroid film factory in the Dutch town of Enschede shut down in June 2008, it seemed to signal the end for one of the most ingenious and iconic innovations of the 20th century. Almost 60 years after American inventor Edwin H. Land sold the first Model 95 of his new instant-picture camera in Boston in November 1948, the troubled Polaroid Corp. halted its cassette-film production for good. Demand was still relatively high - the plant churned out 30 million cassettes in 2007 and 24 million in the first half of 2008 - but the plant...

Author: /time Magazine | Title: After Polaroid, Keeping Instant Photography Alive | 7/21/2009 | See Source »

...White House has also condemned the killing, calling it "especially shocking" that it happened a week after President Barack Obama met with activists, including those from Memorial, in Moscow. "Such a heinous crime sends a chilling signal to Russian civil society and the international community, and illustrates the tragic deterioration of security and the rule of law in the North Caucasus over the last several months," said White House National Security Council spokesman Mike Hammer in a statement. (See pictures of Obama in Russia...

Author: /time Magazine | Title: Killings of Russia's Human-Rights Activists Continue | 7/16/2009 | See Source »

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