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...five to 10 years. We can take it, because we don't have [shareholders] coming to us every quarter asking for results. We have an important social mission there. Our [guiding principle] is to produce products for the majority of people. Hopefully, [we will help] the standard of life in Russia rise. In China we have only two stores, but we have lots of land to construct on, so I think we'll be rather big there in five to 10 years. Are the products at IKEA the same everywhere? There are 10,000 products in our range...

Author: /time Magazine | Title: Furniture for Everyone | 1/23/2005 | See Source »

...five to 10 years. We can take it, because we don't have [shareholders] coming to us every quarter asking for results. We have an important social mission there. Our [guiding principle] is to produce products for the majority of people. Hopefully, [we will help] the standard of life in Russia rise. In China we have only two stores, but we have lots of land to construct on, so I think we'll be rather big there in five to 10 years...

Author: /time Magazine | Title: Furniture for Everyone | 1/23/2005 | See Source »

...ring and Goebbels he would have attracted little notice. The widespread popularity of Che, Castro, Lenin, CCCP or Marx t-shirts, and the frequent usage of the Soviet five-pointed star or the crossed hammer and sickle, are only the most obvious examples of the curious double standard between our views on Nazism and Soviet Communism. Harvard’s own beloved “Mathergrad,” in addition to the appearance of the Soviet flag and the playing of the Soviet national anthem at last year’s Primal Scream, is merely the nearest example...

Author: By Mark A. Adomanis, | Title: Why Not the Hammer and Sickle? | 1/21/2005 | See Source »

...ACQUIRED. KOREA FIRST BANK, the country's eighth-largest lender, by British bank Standard Chartered after a fierce bidding war with rival HSBC Holdings; for $3.3 billion; in Seoul. The deal represents the biggest-ever foreign investment in South Korea's financial sector...

Author: /time Magazine | Title: Milestones | 1/16/2005 | See Source »

...worked in the past; both Beijing and Washington have provided "aid" at critical junctures, and Seoul paid Pyongyang at least $500 million to agree to a summit meeting in 2000. "They want people to come back and implore them" to rejoin talks, says a Western diplomat. "That's standard operating procedure." How much incentive do they need? Says the diplomat: "The giving can be endless." Despite hopeful speculation, a resumption of talks may depend on cold, hard cash...

Author: /time Magazine | Title: Talk Isn't Cheap | 1/16/2005 | See Source »

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