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...alive, everyone wanted a piece of Diana. Photographers chased after her smile, newspapers hung on her words, her fans bought anything that would get them that little bit closer to the fairy tale. And when she died, the outpouring of grief was accompanied by the urge to spend - as if millions of mourners thought that if they could only collect enough commemorative plates, or read enough biographies, maybe together they could hold on to the woman they had lost too soon...

Author: /time Magazine | Title: The Princess of Sales | 6/14/2007 | See Source »

...value of Diana?s memory is not just that it persuades people to spend - but also that it motivates them to give. A glamorous princess holding the hand of a dying stranger, comforting a sick child - those were the moments that made Diana an international symbol of caring. For charities that work in her name, that's the kind of publicity money can?t buy. The Diana, Princess of Wales Memorial Fund was set up in 1997 with the donations that came flooding in after her death. Since then it has handed out $150 million in grants to more than...

Author: /time Magazine | Title: The Princess of Sales | 6/14/2007 | See Source »

...Wilmington, Del., ING Direct projects a Silicon Valleyesque energy and idealism that come straight from the top. Consider the Orange Code, a manifesto of sorts penned by Kuhlmann and chief operating officer Jim Kelly, which includes lines like "We aren't conquerors. We are pioneers." Kuhlmann rants about spend-happy Americans and the companies that feed their addiction by selling them credit cards--"the opium of consumerism." When the rest of the banking industry lobbied for a new bankruptcy law in 2005 to make it easier for lenders to go after people struggling to pay their bills, Kuhlmann held...

Author: /time Magazine | Title: ING Direct's Man on a Mission | 6/14/2007 | See Source »

...enough. Great-power competition isn't a historical artifact. The next President will spend countless hours managing China's rising influence in Asia, which threatens to marginalize the U.S. and our close ally, Japan. And he or she will have real problems with Russia, which although domestically weak throws its weight around overseas, jockeying for clout in the former Soviet Union and using its gas exports to bully Western Europe. Dealing with Moscow and Beijing will require strategic judgment, not humanitarian action. And if Democratic candidates avoid it, they risk confirming the stereotype that Democrats see foreign policy as social...

Author: /time Magazine | Title: America's Foreign Policy Trap | 6/14/2007 | See Source »

...response, the U.S. is stepping up its efforts to thwart the growing potency of IEDs. The Pentagon has formed a task force, the Joint IED Defeat Organization (JIEDDO). Its more than 500 workers include "red teams," who spend their days trying to think like insurgents, hoping to stay ahead of them. JIEDDO has spent more than $5 billion in the past three years and has a $4 billion budget for the current year. The Pentagon says its spending yields tangible results. "Three years ago, practically every IED incident created some kind of casualty," says Brigadier General Anthony Tata, JIEDDO...

Author: /time Magazine | Title: The Enemy's New Tools in Iraq | 6/14/2007 | See Source »

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