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That it's not a fully bespoke limo may turn off some customers, Newton says. "There is a risk of losing that exclusivity," he says. Perhaps. But some 1,200 potential buyers have already expressed "strong interest" in the Ghost, according to the company. About 85% of those people would be first-time customers, which indicates that the company is indeed mining new territory, since typically 37% of Rolls-Royce buyers already own one of the cars - or more...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

...costing jobs. Ma's policy team, though, argues closer ties will boost the economy overall because it makes it easier for executives to keep the most advanced parts of their businesses - the high-salary R&D and management divisions - at home. San says the government's vision is to turn Taiwan into an operations center for Chinese industry by supplying technical and manufacturing expertise. There are some early indications Ma's strategy might work. Sun Ta-wen, chairman of circuit-board-parts maker Taiflex Scientific in the southern city of Kaohsiung, had planned to shift more production to China...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Afghanistan: the Taliban and its allies are growing stronger, and they have killed 35 U.S. troops in the first three weeks of July - more than in any month since the U.S. invaded in October 2001. The Afghan government is salted with corruption, while its prisons are hellholes that turn citizens against their government. Pakistan remains a safe haven for launching attacks against U.S. and NATO troops in eastern Afghanistan, and despite the Obama Administration's strenuous efforts at persuasion, Islamabad shows little interest in extending its campaign against domestic extremism into a fight against the Afghan insurgency...

Author: /time Magazine | Title: Lowering Expectations for the War in Afghanistan | 7/24/2009 | See Source »

...grapple with the war he inherited, President Obama has made several important changes. He and Gates fired the top U.S. commander in Afghanistan in May, replacing him with General Stanley McChrystal, who is currently in the middle of a 60-day assessment of how to turn the Afghan war around. Obama is dispatching an additional 21,000 U.S. troops there this year, bringing the total to 68,000 by 2010. His commanders recently ordered 4,000 Marines into Helmand province to begin the long process of "clear, hold and build" - driving the Taliban out of its strongholds, staying there...

Author: /time Magazine | Title: Lowering Expectations for the War in Afghanistan | 7/24/2009 | See Source »

...Royal Courts of Justice. It's a far cry from the limestone and sandblasted glass interiors of the city's designer shops that are such a magnet to Russia's superrich. Yet here and in a neighboring courtroom, four prominent Russian oligarchs have been indulging in what may turn out to be the most expensive shopping spree of their lives. Never mind haute couture: it's English High Court justice - at some $16,500 per day, with top attorneys charging up to $1,250 per hour - that's proving the must-have purchase for wealthy Russians this season...

Author: /time Magazine | Title: Russian Oligarchs Seek English Justice | 7/24/2009 | See Source »

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