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...next 18 to 24 months." There's still a lot of catching up to do. Productivity remains below the E.U. average, as does the average monthly wage of $650. "We're just halfway," says Prime Minister Andrus Ansip, whose aim is for Estonia to become one of the five wealthiest E.U. nations on a per-capita basis in the next 15 years. He heads a different party from that of Economics Minister Savisaar and doesn't see why anybody should take issue with the current policies. "When the economy is growing so fast it's very difficult to complain...

Author: /time Magazine | Title: Getting It Right | 9/28/2006 | See Source »

...sprawling slums that surround São Paolo. "Now the law of the periferia is being visited on the middle classes." Lula came to power in 2002, promising to reduce a gap between rich and poor that sees 45% of national income going to 10% of the wealthiest households. His government has delivered programs such as the Zero Hunger initiative, which aims to put food on the poorest familes' tables. Since 2002, Brazil has posted low inflation, rising gdp and a strengthening currency. But in the slums, signs of progress prove as elusive as the rats that dart between...

Author: /time Magazine | Title: The Grim Rules Of Gangland | 9/24/2006 | See Source »

...Moeling, obviously, is not your average voter. And Shays' district, which comprises some of the wealthiest suburbs of New York City, is not your average congressional district. But Moeling's question-how do we restore some balance to American politics?-is at the heart of the 2006 congressional election. The most likely answer is that the moderate wing of the Republican Party, especially in New England, will have to be eviscerated. This election may provide a historic completion to the sordid business of ideological realignment that began with the decimation of the Democratic Party in the South. The stability provided...

Author: /time Magazine | Title: The Middle Is a Bad Place to Be | 9/10/2006 | See Source »

Where was his impact the greatest? Start with the economy. When Roosevelt first came to the presidency, after the assassination of William McKinley, the U.S. was emerging as one of the world's wealthiest nations. It was first in the world in its output of timber, steel, coal, iron. Since 1860 the population had doubled, exports had tripled. But that bounding growth had brought with it all the upheavals of an industrial age--poverty, child labor, dreadful factory conditions. Year after year, workers faced off against bosses with their fists clenched...

Author: /time Magazine | Title: The Making of America — Theodore Roosevelt | 6/25/2006 | See Source »

...BookExpo cocktail party. But his publisher is parading its high-price debut novelist, having feted him at the New York restaurant Oceana earlier this month. His historical thriller features Sigmund Freud on his sole visit to the U.S. in 1909, and a diabolical killer who is attacking Manhattan's wealthiest heiresses. "A bold page-turner," says Matthew Pearl, author of The Dante Club, "with a driving plot." A big Pennsylvania bookseller told PW, "there's no question that this will be the fall's big book...

Author: /time Magazine | Title: Publishing's Next Page Turners | 6/2/2006 | See Source »

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