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...charge of the country's economy, the financial team slipped badly when it miscalculated how significantly the prospect of capital controls would rattle foreign investors. Nor has the aftermath of the stock market's plunge on Dec. 19 been fully digested-especially now that eight blasts have been thrown into the volatile mix. "The true effects of the crash were minimized by the holidays, which dried up [trading] volume," says Andrew Stotz, head of Thailand research at Citicorp Securities Thailand. "Now the question in January is: Will foreigners double down or reduce? I think they will reduce...

Author: /time Magazine | Title: The Trouble with Thailand | 1/4/2007 | See Source »

...strategy they should select for the war in Iraq, these young men may live only slightly longer than their fire. When a President declares war, he should have the courage to fight it. Bush's cowardly refusal to reinstate the draft and put more boots on the ground has thrown Iraq into a civil war. I pray Gates has the courage to admit defeat and bring our troops home. Helen Tackett Fullerton, California...

Author: /time Magazine | Title: Game Plans for Gates | 1/2/2007 | See Source »

...strategy they should select for the war in Iraq, these young men may live only slightly longer than their fire. When a President declares war, he should have the courage to fight it. Bush's cowardly refusal to reinstate the draft and put more boots on the ground has thrown Iraq into a civil war. I pray Gates has the courage to admit defeat and bring our troops home. HELEN TACKETT Fullerton, Calif...

Author: /time Magazine | Title: Letters: Dec. 25, 2006 | 12/17/2006 | See Source »

...Kinshasa, capital of the Congo, commented on rumors that King Albert II had fled to the former Belgian colony. A crowd waved Flemish flags behind the live reporter at the Flemish Parliament. The ring road around the capital, Brussels, was blocked, NATO headquarters on red alert, and police controls thrown up along the border between Flemish-speaking and French-speaking regions. A parade of prominent politicians and public figures opined on the grave development, and there was even a report of julbilation among Catalans keen to separate their region from Spain...

Author: /time Magazine | Title: Belgium's "War of the Worlds" | 12/15/2006 | See Source »

Investors have thrown money at them. They amassed a $1.2 billion bankroll, including $500 million through a debt sale and the remainder via 32 investors ranging from fellow entrepreneurs like Internet billionaire Mark Cuban and carpet kingpin Julian Saul to hedge funds and financial firms, including Wellington Management and Fidelity Investments. Declares Harvey: "We now have the ability to buy a company for a billion dollars...

Author: /time Magazine | Title: Play It Again, Boys | 12/10/2006 | See Source »

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