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...ally of Serbia, Russia cannot turn down Belgrade's pleas of help, particularly at a time when Putin is promoting an image of himself as a strident defender of Russia and its allies against the designs of NATO. In the year of Russia's parliamentary and Presidential elections - however token those may be - Putin wants Russians to feel proud of Moscow's growing readiness to challenge the U.S. and bully the EU, which is increasingly dependent on Russian fuel supplies...

Author: /time Magazine | Title: Will Russia Block Kosovo Independence? | 5/23/2007 | See Source »

...There is little sign that things will change. On May 18, in advance of the talks in Washington, China announced a token increase in the range in which it will allow the RMB to trade against the dollar. Beijing also raised interest rates and increased the amount of capital banks need to keep in reserve - both moves intended to slow China's breakneck economy. On Monday, Beijing also announced it was taking a 10 percent stake in the Blackstone Group, the big U.S. private equity firm that is about to go public on the New York Stock exchange, indicating that...

Author: /time Magazine | Title: Time to Get Real on China-U.S. Trade | 5/21/2007 | See Source »

...dismantled the fragile freedoms Yeltsin had inaugurated. But the point was not his choice of successor as much as the method of succession, forgoing fair and transparent elections, simply announcing his resignation and appointment of Putin as his successor on New Year's Eve in 2000, followed by a token, predetermined vote. By then, of course, Yeltsin's priorities were less lofty: safety and immunity for himself and his family and inner circle, and the protection of their assets...

Author: /time Magazine | Title: A Glimpse of Free Speech in Yeltsin Farewell | 4/25/2007 | See Source »

...Moscow. In addition to the President, its members are Vice President Gennadi Yanayev and Prime Minister Pavlov, both hidebound bureaucrats; Foreign Minister Alexander Bessmertnykh, a professional diplomat with little political clout; Interior Minister Boris Pugo, Defense Minister Dmitri Yazov and KGB chief Vladimir Kryuchkov, all hard-liners; and two token moderates, former Interior Minister Vadim Bakatin and Yevgeni Primakov, a Gorbachev adviser...

Author: /time Magazine | Title: Boris Yeltsin: Russia's Maverick | 4/23/2007 | See Source »

...Louis Dumas on an airplane in 1984. As the story goes, Birkin was rummaging through her basket-weave purse when it fell apart. Dumas assisted her in collecting the dropped items, they struck up a conversation, and?voilą!?shortly thereafter Dumas had the Birkin bag created as a token of friendship...

Author: /time Magazine | Title: In the Bag | 4/17/2007 | See Source »

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