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  • Who Knew Japanese Finance Could Be So Much Fun?

    Christian Caryl | Aug 8, 2007 09:42 PM
    The Japanese Ministry of Finance is not usually the kind of place that goes in for gimmicks. But last week marked a departure. The bureaucrats decided to adorn their website with a “debt clock” – a digital counter designed to dramatize the rising tide of governmental red ink. Green numbers flashing ominously on a black background showed how the country’s long-term debt of some $6.4 trillion is growing by $1600 every second. More
  • Brazil Indulges Cuba Once Again

    Mac Margolis | Aug 8, 2007 03:12 PM

    During the recent Pan American Games, where athletes from 42 nations gathered in Rio de Janeiro for a fortnight of topnotch competition, one contest that wasn’t on the official calendar caught the public’s eye. Call it the defection game.Guillermo Rigondeaux and Erislandy Lara managed to elude their official minders and slip through a hole in the fence surrounding the athletes’ villa. From there, the story gets fuzzy. Apparently Rigondeaux and Lara were to meet up with a German agent, who reportedly promised them passports, air tickets, and contracts to fight in Europe. In a word: freedom. Somehow, though, the plan collapsed. A few days later, they were arrested by the Brazilian police and bundled off in a plane back to the Antilles, where their fate is uncertain. (A third deserter, from the Cuban handball team, hailed a cab to a suburb of São Paulo, where he evaded capture and filed for asylum.) And that was that.

    Or was it?

    More
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  • Enemy of the State

    Owen Matthews | Aug 8, 2007 05:31 PM
    Is the Kremlin determined to hound Mikhail Khodrokovsky and his associates at Yukos Oil Co. to the grave? The sheer determination of the Russian Prosecutor's Office to continue the onslaught on Khodorkovsky and his allies even after all the principals... More