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...times are changing, state funds are tight and the Louvre has an ambitious director named Henri Loyrette, who has given himself the mission of pulling the venerable institution into a new era. Tapping rich people around the globe for funding is just one of the changes Loyrette has brought about since he took over as director in 2001. Armed with a vision of the Louvre as a beacon of culture that is both accessible and global, he has set in motion a dramatic opening up to the outside world. So far, that includes signing a controversial deal to create...

Author: /time Magazine | Title: Le Louvre Inc. | 7/16/2008 | See Source »

...kinetic energy as he delivered a pep talk to the President in a holding room. "This is the most important moment of your life!" he barked at Bush. "You're gonna be great!" Later, Bush told aides that he found McCain's intensity off-putting. "McCain was wound up tight all the time on the campaign trail," says a Bush aide. "That's just not how the President is. He thought it was over...

Author: /time Magazine | Title: Frenemies: The McCain-Bush Dance | 7/16/2008 | See Source »

Until this time, Selassie had kept Ethiopia's cultural life on a tight rein. Live music was entirely the domain of the state bands, members of which could end up in jail for leaving barracks to play a nightclub. Importing or pressing records was also a state monopoly. "Up until the late 60s, it was impossible to have your own band," says Falceto. "But even the emperor at some point thought it was better to let these youngsters go ahead." The effect was startling. The state bands added guitars and keyboards and started dressing sharp. Ahmed and scores of other...

Author: /time Magazine | Title: Ethiopia: Another Nation Under a Groove | 7/15/2008 | See Source »

...announced at the company's annual meeting in June. GM plans to raise another $4 billion to $7 billion by selling off assets like its Hummer brand. That is all part of the company's realization that it will be difficult to raise cash from external sources because of tight credit markets...

Author: /time Magazine | Title: General Motors' Garage Sale | 7/15/2008 | See Source »

...friendly matches to a private sponsor, the team now plays as many games in Europe as in Brazil. And top players such as Kaka, Ronaldo and Ronaldinho have recently put club before country, giving supporters little opportunity to see their national heroes up close. As a result, the historically tight bond between the ordinary fans in the stands and their idols on the pitch has snapped. "There's no link between the fans and the players any more," says Kfouri. "We want our team back. That's what this debate is about...

Author: /time Magazine | Title: Brazil Wants Its Soccer Team Back | 7/15/2008 | See Source »

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