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...hungry for economic growth. Back in 1994, for example, Estonia became one of the world's first regimes with a flat tax on corporate and personal income. These young democracies also benefited from advantages shared by the region as a whole, including enviable political stability, social cohesion and a sound regulatory environment. Equally key, they boasted high levels of education and innovation, giving rise to outfits like the Internet telephone company Skype, which was founded by a Dane and a Swede and was based on computer code written by Estonians. Established multinationals, meanwhile, such as Finland's Nokia and Sweden...

Author: /time Magazine | Title: Sea of Plenty | 5/31/2007 | See Source »

...experience, vision and brains, they will persuade former Vice President Gore to throw his hat into the ring. President George W. Bush's disastrous terms have shown us all how hazardous it is to pick a President with very little relevant experience. Good intentions, handsome hairstyles and slick sound bites don't help much when the chips are down...

Author: /time Magazine | Title: Inbox: Jun. 11, 2007 | 5/31/2007 | See Source »

...course, if caramel and raisin don't sound like torchworthy qualities for wine, that's because J.W. Lees isn't a wine. It's a beer, one of about two dozen on Gramercy Tavern's new vintage-beer list...

Author: /time Magazine | Title: The New Brew | 5/31/2007 | See Source »

...film opens inside Bauby's head, going in and out of focus like his consciousness; we get the same blurry vision, varying sound levels and blinking camera. Bauby feels the natural anger and humiliation; on the voiceover narration he observes, "I'm 42 years old and I'm being washed like a big baby." In a hand mirror he catches sight of himself and his drooping mouth: "I look like I came out of formaldehyde." But Bauby is a fighter, who has the best (and most gorgeous) trainers to help him connect and communicate with the world he was once...

Author: /time Magazine | Title: Handicapping the Palme d'Or | 5/26/2007 | See Source »

...Reygadas sets Silent Light's agenda in the first moments. The film opens with a time-lapse shot of night sky, stars, dawn slowly breaking, finally full daylight, as the? sound track comes alive with loud crickets, braying, mooing and breathy, muffled screams. Brilliant sunshine bathes the family's kitchen as they take morning prayer in a silence broken only by the loud ticking of the clock. Esther raises her eyes, Johan says, "Amen," and the children dive wordlessly into their cereal. After the meal, Esther leaves to shepherd the kids on errands, returning briefly to tell Johan to take...

Author: /time Magazine | Title: Handicapping the Palme d'Or | 5/26/2007 | See Source »

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