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...concerted effort by banks to lower interest rates in Europe and Japan, for example, simply won't happen. "The fact is that the European Central Bank faces inflation risk and the Bank of Japan won't move either way," says Kenichi Kawasaki, Lehman Brothers' chief economist for Japan, last Thursday...

Author: /time Magazine | Title: G-7: Global Markets, Global Warming | 2/10/2008 | See Source »

...establishment in Maine: Governor John Baldacci endorsed her in December. And she won both of Maine's neighboring New England states, New Hampshire and Massachusetts. "Right now Senator Clinton has an advantage up in Maine but we're going to win some delegates up there," Plouffe told reporters Thursday on another conference call. Obama, who spurned a Clinton offer to hold a joint forum there this weekend, plans to visit the state Saturday and has had staff on the ground and ads running there for weeks...

Author: /time Magazine | Title: Obama's Weekend to Win | 2/8/2008 | See Source »

...those games offer quite the same spectacle if they were played in Beijing or New York? The hundreds of millions of fans who tune in to TV broadcasts of the English Premier League each week may soon find out. The world's richest and most popular soccer league announced Thursday that it's pursuing plans to play 10 competitive games abroad beginning in the 2010/11 season. The matches - staged over a single weekend, and involving all 20 of the League's teams playing in cities overseas who bid to host games - would add to the existing 38-game fixture list...

Author: /time Magazine | Title: Chelsea vs. Liverpool in Beijing? | 2/8/2008 | See Source »

...Ukraine's President Victor Yushchenko prepares to visit Moscow on Tuesday, Russia's energy giant Gazprom has delivered a nasty welcome for a leader not beloved by the Kremlin. Gazprom late Thursday issued an ultimatum over new Ukrainian gas debts arising from a price hike, warning that it had instructed its services to turn off gas supplies to Ukraine by noon on Monday - the day before Yuschenko flies in - unless it is paid $1.5 billion...

Author: /time Magazine | Title: A Gas Ultimatum for Ukraine | 2/8/2008 | See Source »

...pipeline. But Yushchenko has yet to issue a presidential decree on the matter, and he accuses Tymoshenko of provoking Gazprom's backlash and pursuing her own interests. "Politics are being thrown big way into the Ukrainian gas market, I'm afraid," he told 1+1 Ukrainian TV station Thursday. "These politics bring along corporate interests...

Author: /time Magazine | Title: A Gas Ultimatum for Ukraine | 2/8/2008 | See Source »

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