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Today, the word oligarch is bandied about in the media, but it is a misnomer. The oligarchy is no longer detached from, or in opposition to, the state. It is an extension of it. Many of the very rich people who once ran Russia still run it - but they have been brought to heel by a vastly more powerful Kremlin. Their wealth is "granted" to them by a Kremlin that demands loyalty and is prepared to use all means available to enforce it. They serve the Czar (or President, or Prime Minister) at his pleasure. They understand very well that...

Author: /time Magazine | Title: Alexander Lebedev: Rich Advice | 7/27/2009 | See Source »

...Welcome to Chaiwan "What do you think of Chaiwan?" Christine Chen, an anchor on Taiwan's ETTV news network, asked me during a June visit to Taipei. The term Chaiwan, she said, was the talk of Taipei. Turns out that the word, meant to connote the growing economic ties between China and Taiwan, was supposedly coined by the South Korean press. The Seoul Economic Daily, a Korean business newspaper, recently ran a series of articles under the banner: "The Chaiwan Storm Is Coming." One noted that "the combination of China's capital and Taiwan's high technology ... warns...

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

...didn’t get to talk to any players, though I tried desperately to get a word in with Gary Matthews, Jr.—since his dad played for a long time with the Braves...

Author: By Dixon McPhillips | Title: A FAN FOR SALE PART 2: Angels Aren't Just in the Outfield | 7/27/2009 | See Source »

...child policy is such a cornerstone of contemporary China that when word got out late last week that Shanghai was encouraging some couples to have more offspring, it made headlines around the world. But on July 25, the same Chinese family-planning official whose remarks set off speculation denied that Shanghai was taking its first steps to reverse the much-hated policy. Apparently reacting to numerous overseas media reports of a change in city birth-control regulations, which was portrayed as being the first sign of a reversal, Xie Lingli was quoted by the official Xinhua News Agency as saying...

Author: /time Magazine | Title: Is China's One-Child Policy Heading for a Revision? | 7/27/2009 | See Source »

...tactics are unorganized, largely leaderless and only just beginning. They spread by e-mail, websites and word of mouth. But their variety and scope indicate that Iran's uprising is not a passing phenomenon like the student protests of 1999, which were quickly quashed. This time, Iranians are rising above their fears. Although embryonic, today's public resolve is reminiscent of civil disobedience in colonial India before independence or in the American Deep South in the 1960s. Mohandas Gandhi once mused that "even the most powerful cannot rule without the cooperation of the ruled." That quotation is now popular...

Author: /time Magazine | Title: Iran's Protesters: Phase 2 of Their Feisty Campaign | 7/27/2009 | See Source »

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