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...leftist soulmate - is perhaps Latin America's most acclaimed capitalist leader. Capitalism's excesses get deservedly excoriated for causing today's global catastrophe. But even Venezuela, which helps prop up Cuba's economy with cut-rate oil, has made it clear in recent elections that it's not the socialist hotbed that its left-wing President Hugo Chávez dreams of. Yes, the hypocritical drill among Latin leaders is that they censure Washington publicly but Havana privately. Still, most of them believe Cuba is as out of step with the rest of the Americas...

Author: /time Magazine | Title: After 50 Years of Castro's Cuba, Will the Cold War End? | 12/30/2008 | See Source »

...debating the bill today, more than a week later than intended. The reform would have overturned a 1906 law that sets aside Sunday for rest and allowed shops in France's largest cities to open as they wished. But it faced fierce opposition from both the left and right. Socialist legislators have already filed over 4,000 amendments to the draft law, while members of Sarkozy's own ruling conservative majority have used a mix of religious and familial concerns to oppose it. With the number of right-wing dissenters growing ever larger, Sarkozy was forced to cave and save...

Author: /time Magazine | Title: Sunday Shopping? France Says Non | 12/17/2008 | See Source »

...number of exceptions to Sunday closing rules per year from the current five to 10, not counting the period prior to Christmas. Even then, however, city councils must approve local extension of Sunday openings, a green light that may prove hard to obtain after the nation-wide romp the Socialists enjoyed in municipal elections last spring. "Don't bother voting this text, because it won't be applied," warned Socialist Party leader and mayor of Lille Martine Aubry. "We'll be as ferocious in battling this project as we were the initial...

Author: /time Magazine | Title: Sunday Shopping? France Says Non | 12/17/2008 | See Source »

...What we saw in Greece is not beyond what could happen here in France," warned former Socialist prime minister Laurent Fabius last Friday of the increasingly raucous student protests that closed about 100 French high schools last week. "When you have the economic depression and social despair we're facing, all it takes is a spark." (Read TIME's Top 10 news stories of the year...

Author: /time Magazine | Title: Could Greece's Riots Spread to France? | 12/15/2008 | See Source »

...Chinese leadership's annual work meeting on economic policy concluded Wednesday with a note of triumph. The country's steady growth has "demonstrated the overall national strength China had built over the past three decades, proved the correctness of socialism with Chinese characteristics and justified the advantage of a socialist institution in pooling various forces to realize big feats," the state-run Xinhua news service declared. See Top 10 Best Business Deals...

Author: /time Magazine | Title: China's Exports Unexpectedly Fall | 12/11/2008 | See Source »

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