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Dates: during 2000-2009
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Since then, however, two high-profile business scandals have given Westerners further pause for thought. In July, Putin - who has apparently lost none of his influence since shifting from President to Prime Minister in May - leveled accusations of price gouging and tax evasion at one of the nation's biggest steelmakers, Mechel, sending its New York-listed stock plummeting. With memories of Yukos' fate still fresh, investors didn't stop there: Putin's comments wiped tens of billions of dollars off Russia's stock market in a matter of days. The Mechel furore came on top of an ugly, months...

Author: /time Magazine | Title: Risky Business in Russia | 8/21/2008 | See Source »

...able to buy a one-bedroom condo, but that would have been pushing it," says Kovack. Instead, he and Katz live in a 2,300-sq.-ft. (about 215 sq m) three-bedroom row house with stainless-steel appliances and a deck out back. They split the mortgage, the tax break, the cost of upkeep--and the pride of being homeowners a few years out of college...

Author: /time Magazine | Title: Should You Become a Co-Ho? | 8/21/2008 | See Source »

...seem to be treating alternative energy policy as somewhat less important than, say, passing resolutions to establish National Substitute Teacher Recognition Week (May 5-9). Eight times this year, the Senate has failed to pass legislation that would extend tax credits that encourage the development of the wind and solar industry, legislation that will expire at the end of December. (McCain, it should be noted, missed all eight of those votes - a record that doesn't jibe well with his campaign promises to pursue an aggressive alternative energy program along with offshore drilling.) Without those tax credits, the renewable energy...

Author: /time Magazine | Title: Putting US Energy in the Wrong Place | 8/20/2008 | See Source »

...that way, and suddenly alternatives don't seem like a far-off solution based on science fiction, but a resource that exists today, if it can be tapped - just like offshore oil. That's a job for government, whether it means building the lines directly or using tax credits to support private industry. This is the debate we should be having this election season - not an empty argument over offshore drilling or properly inflated tires...

Author: /time Magazine | Title: Putting US Energy in the Wrong Place | 8/20/2008 | See Source »

...There is also a more populist tinge to Obama's message, as he tries to draw a clearer and more detailed distinction between his policies and McCain's, particularly on taxes. McCain, he says, is promoting "$300 billion worth of tax breaks for the same folks who've been getting tax breaks under George Bush." And he told the crowd that a top McCain economic adviser (a reference to comments by former Senator Phil Gramm) "is calling you whiners. ...This guy obviously doesn't pump his own gas. He obviously doesn't do his own shopping. He's obviously...

Author: /time Magazine | Title: Obama Sharpens the Message | 8/19/2008 | See Source »

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