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...city to another has, until now, been unthinkable in European soccer. But the dynamics of globalization of the game are now such that it's no longer wholly inconceivable, particularly in light of the emerging cartel spirit among the G-14. The political events of the past decade suggest that despite the optimism of globalization's cheerleaders, the process has hardly dissipated sectarian and ethnic political passions in historical trouble spots. But the dynamics of globalization in the game suggest it may become increasingly hard to sustain soccer as an outlet for them...

Author: /time Magazine | Title: Soccer's New Wars | 7/15/2004 | See Source »

...Upon the death of a leader, a nation is tempted to idealize his accomplishments. I suggest we take a more sober view and remember that although Americans-and indeed the rest of the world-owe Reagan a debt of gratitude for his leadership in the closing days of the cold war, we must also recall his gutting of an already modest social safety net, pillaging of the national Treasury through irresponsible deficit spending and setting the stage for the Taliban's rise to power through his Administration's shortsighted support of the Afghan mujahedin. Christopher J. Hughey Neuilly-sur-Seine...

Author: /time Magazine | Title: Letters | 7/12/2004 | See Source »

...decision, ahead of other factors such as quality of life and labor flexibility. So it's little surprise that Europe's governments are taking a hard look at how to fix their tax mess. As the debate takes off across Europe, three potent ideas are emerging that suggest it may be possible to make a difference without tipping even further into the red. Smarter Taxes One "old" E.U. country that likes to boast about its tax policies is Ireland, which has over the past 15 years pared back the basic rate for personal income tax to 20% from...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...harmonization sound like sour grapes. "We look at the German economy with a sense of envy, its advanced technology and its leading position as an exporter," Polish Prime Minister Marek Belka said in May. "Once we get closer to such a level it will be easier to discuss." Others suggest Germany should follow the East's lead. Branislav Durajka, tax chief of the Slovak Finance Ministry, says that since the flat tax was implemented, higher receipts from consumption and value-added tax have more than made up for a slight shortfall in personal income tax. "We could give some advice...

Author: /time Magazine | Title: Want Lower Taxes? Go East | 7/11/2004 | See Source »

...spokeswoman Sarah Clark, adding that female employees are fairly promoted and paid. Some Wal-Mart employees agree. Says Brenda Dobbins, 50, an hourly worker in Wilson: "I've had all sorts of opportunities here, and I've always been treated fairly." Yet changes to some of its employment practices suggest that Wal-Mart is responding to the criticism. In June the company adjusted pay for many jobs; later this year its electronic job-posting system will notify workers of desirable openings. It created a department to promote diversity. CEO H. Lee Scott Jr. has warned that executives will see their...

Author: /time Magazine | Title: Wal-Mart's Gender Gap | 7/5/2004 | See Source »

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