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...This is not to suggest that all emerging markets are attractive. There are major gas pockets in China stocks, which are trading on mainland bourses at levels reminiscent of the heady days of the dotcom bubble. Hong Kong's stock exchange, where many China companies are listed, is experiencing similar exuberance, having risen more than 40% since mid-August. Soaring markets like these are getting a lot of press. But don't make the mistake of assuming all emerging markets are overvalued just like they were 10 years ago, right before the last bubble popped. That would be like driving...

Author: /time Magazine | Title: Flying Too High? | 10/18/2007 | See Source »

...Lehman Brothers are only recruiting for one position, it would suggest that the other divisions are not doing well enough to take on other people,” Farmer said...

Author: By Adrienne C. Collatos, CONTRIBUTING WRITER | Title: Market Woes Upset Recruiting | 10/17/2007 | See Source »

...Given the range of political elements in play, some analysts suggest all sides should avoid drawing lines in the sand. "The U.S. should be careful not to overreact if Turkey does send forces into the Kurdish area, " writes Anthony Cordesman, of the Washington-based Center for Strategic and International Studies. "The U.S., Iraqi Kurds and the Iraqi government has every reason to protest, but selective anti-PKK operations have a quarter of a century of precedents; the Iraqi Kurds are partially to blame; and it is far from clear just how destabilizing such Turkish action will...

Author: /time Magazine | Title: Bracing for a Turkish Strike in Iraq | 10/17/2007 | See Source »

...statements hint at the serious limitations on what she - and those in the Bush Administration who support her efforts - can accomplish. Rice may insist that "Israelis and Palestinians are making their most serious effort in years to resolve the conflict," but dynamics on the ground continue to suggest otherwise...

Author: /time Magazine | Title: Rice's Peace Mission: Prospects Grim | 10/16/2007 | See Source »

...same time, Putin insisted after talks last week with French President Nicolas Sarkozy - the most energetic European supporter of the U.S. position - that there is no evidence to suggest Iran is trying to build a nuclear weapon. That assessment may put him at odds with Washington, but it is, in fact, consistent with the findings of the IAEA. The difference hinges over what defines a nuclear weapons program. Last week, French foreign minister Bernard Kouchner wrote to his European colleagues urging support for tougher sanctions. "Time is against us," Kouchner warned, "because each day Iran gets closer to mastering enrichment...

Author: /time Magazine | Title: The Point of Putin's Tehran Trip | 10/15/2007 | See Source »

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