Person of the Year 2008


Time Reported Person of The Year 2008

You probably sat in a fancier conference room the last time you refinanced or heard a pitch about life insurance. There's a table, some off-brand mesh office chairs, a bookcase that looks as if it had been put together with an Allen wrench and instructions in Swedish.

To reach this room, you pass through a cubicle farm lightly populated by quiet young people. Either they have just arrived or they are just leaving, because their desks are almost bare. The place has a vaguely familiar feel to it, this air of transient shabbiness and nondescriptitude. You can't quite put your finger on it ...

"It's like the set of The Office," someone offers.

Bingo.

It is here that we find Barack Obama one soul-freezingly cold December day, mentally unpacking the crate of crushing problems — some old, some new, all ugly — that he is about to inherit as the 44th President of the United States. Most of his hours inside the presidential-transition office are spent in this bland and bare-bones room. You would think the President-elect — a guy who draws 100,000 people to a speech in St. Louis, Mo., who raises three-quarters of a billion dollars, who is facing the toughest first year since Franklin Roosevelt's — might merit a leather chair. Maybe a credenza? A hutch?

But he doesn't seem to notice. Obama is cheerfully showing his visitors around, gripping the souvenir basketball he received from Hall of Famer Lenny Wilkens, explaining a snapshot taken the day he played pickup with the University of North Carolina hoops team. ("They are so big and so fast and so strong, you know.") Then, since those two items basically exhaust the room's décor, Obama sits down on one of the mesh chairs and launches into a spoken tour of his world of woes. It's a mind-boggling journey, although he shows no signs of being boggled — unless you count the increasingly prevalent salt in his salt-and-pepper hair. By now we are all accustomed to that Obi-Wan Kenobi calm, though we may never entirely understand it. In a soothing monotone, he highlights the scariest hairpin turns on his itinerary, the ones that combine difficulty with danger plus a jolt of existential risk. (See pictures of the Civil Rights movement from Emmett Till to Barack Obama.)

"It is not clear that the economy's bottomed out," he begins, understatedly. (The morning newspaper trumpets the worst unemployment spike in more than 30 years.) "And so even if we take a whole host of the right steps in terms of the economy, two years from now it may not have fully recovered." That worries him. Also Afghanistan: "We're going to have to make a series of not just military but also diplomatic moves that fully enlist Pakistan as an ally in that region, that lessen tensions between India and Pakistan, and then get everybody focused on rooting out militancy in a terrain, a territory, that is very tough — and in an enormous country that is one of the poorest and least developed in the world. So that, I think, is going to be a very tough situation.

"And then the third thing that keeps me up at night is the issue of nuclear proliferation," Obama continues, sailing on through the horribles. "And then the final thing, just to round out my Happy List, is climate change. All the indicators are that this is happening faster than even the most pessimistic scientists were anticipating a couple of years ago."

Score that as follows: one imploding economy, one deteriorating war in an impossible region and two versions of Armageddon — the bang of loose nukes and the whimper of environmental collapse. That's just for starters; we'll hear the unabridged version shortly.

But first, there is a bit of business to be dealt with, having to do with why you are reading this story in this magazine at this time of the year. It's unlikely that you were surprised to see Obama's face on the cover. He has come to dominate the public sphere so completely that it beggars belief to recall that half the people in America had never heard of him two years ago — that even his campaign manager, at the outset, wasn't sure Obama had what it would take to win the election. He hit the American scene like a thunderclap, upended our politics, shattered decades of conventional wisdom and overcame centuries of the social pecking order. Understandably, you may be thinking Obama is on the cover for these big and flashy reasons: for ushering the country across a momentous symbolic line, for infusing our democracy with a new intensity of participation, for showing the world and ourselves that our most cherished myth — the one about boundless opportunity — has plenty of juice left in it.



The Billionares

After 13 years on top, Bill Gates is no longer the richest man in the world. That honor now belongs to his friend and sometimes bridge partner Warren Buffett.
Riding the surging price of Berkshire Hathaway stock, Buffett has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago.
Gates is now worth $58 billion and is ranked third richest in the world. He is up $2 billion from a year ago, but would have been as rich--or richer--than Buffett, had Microsoft not made an unsolicited bid for Yahoo! at the beginning of February. Mexican telecom mogul Carlos Slim Helú now ranks as the world's second richest person with a net worth of $60 billion.

Warrent Buffet

Warren Buffett is the richest man on the planet.
Riding the surging price of Berkshire Hathaway (nyse: BRK - news - people ) stock, America's most beloved investor has seen his fortune swell to an estimated $62 billion, up $10 billion from a year ago. That massive pile of scratch puts him ahead of Microsoft (nasdaq: MSFT - news - people ) co-founder Bill Gates, who was the richest man in the world for 13 straight years.
Gates is now worth $58 billion and is ranked third in the world. He is up $2 billion from a year ago, but would have been perhaps as rich--or richer--than Buffett had Microsoft not made an unsolicited bid for Yahoo! (nasdaq: YHOO - news - people ) at the beginning of February.
Microsoft shares fell 15% between Jan. 31, the day before the company announced its bid for the search engine giant, and Feb. 11, the day we locked in stock prices for the 2008 World's Billionaires list. More than half of Gates' fortune is held outside of Microsoft shares.
Mexican telecom tycoon Carlos Slim Helú is the world's second-richest man, with an estimated net worth of $60 billion. His fortune has risen $11 billion since last March.
Buffett, whose fortune is estimated based on his stake in Berkshire Hathaway and assets he holds outside the company, refused to comment on his net worth.
The race for the title of World's Richest Man has been extremely competitive in recent months. Class A shares of Berkshire Hathaway soared 25% between the middle of July and the day we priced our list. The stock hit an all-time high of $150,000 a share in December. At that time, Buffett was worth roughly $65 billion.
Berkshire Hathaway shares closed at $137,100 per share on Tuesday, down 2% since the announcement last Friday that the company's net earnings fell 18% in the fourth quarter of last year.
Gates' fortune also swelled massively last fall. Shares of Microsoft jumped 30% between late October and early November to $37 a share, only to fall after the company announced its intentions to buy Yahoo! for $45 billion on Feb. 1.
Slim's fortune has doubled in the past two years. Stock in his most significant holding, telecom outfit America Movil (nyse: AMX - news - people ), has risen 120% since the beginning of 2006. Helú also owns stakes in Carso Global Telecom, Grupo Carso and Grupo Financiero Inbursa.
The son of a Nebraska politician, Buffett delivered newspapers as a boy. He filed his first tax return at age 13, claiming a $35 deduction for his bicycle. He moved on to study under value investing guru Benjamin Graham at Columbia University.
Buffett began buying shares in textile firm Berkshire Hathaway in 1962 and purchased a controlling stake in 1965. He began buying insurance companies and astutely investing those companies' cash reserves.
Today, Berkshire is invested in insurance (GEICO, General Re), jewelry (Borsheim's), utilities (MidAmerican Energy Holdings (other-otc: MDPWL.PK - news - people )) and food (Dairy Queen, See's Candies). It also has noncontrolling stakes in Anheuser-Busch (nyse: BUD - news - people ), Coca-Cola (nyse: KO - news - people ) and Wells Fargo (nyse: WFC - news - people ). Recently, the company disclosed it owns a significant stake in Kraft Foods (nyse: KFT - news - people ).
In December, the company purchased a 60% stake in the Pritzker family's manufacturing and services group, Marmon Holdings, for $4.5 billion. The privately held Marmon owns businesses across wire and cable, transportation services and industrial products.
Despite Buffett's meteoric rise, his days as the World's Richest Man are almost certainly numbered. He had long promised to give away his fortune posthumously. But in the summer of 2006 he irrevocably earmarked the majority of his Berkshire shares to charity, most going to the Bill & Melinda Gates Foundation.
At the time, the gift was valued at $31 billion. However, assuming that Berkshire shares continue to rise, the final amount of the donation will far exceed that sum. Buffett gives 5% of his shares to charity every July.
In October, Buffett issued a challenge to members of the Forbes 400 richest Americans list, saying he would donate $1 million to charity if the collective group (or a significant number of them) would admit they pay less taxes, as a percentage of income, than their secretaries.
Days after issuing the challenge, Buffett appeared before Congress to encourage it to keep the estate tax. Armed with a few Forbes 400 issues, he told the hearing that "dynastic wealth, the enemy of a meritocracy, is on the rise."

The Five Billionares


Rank Name Citizenship Age Net Worth ($bil) Residence

1. Warren Buffett United States 77 62 USA

2. Carlos Slim Helu & family Mexico 66 60 Mexico

3 William Gates III United Statis 52 58 USA

4. Lakshmi Mittal India 57 45 India

5 Mukesh Ambani India 50 43 Indonesia



THE GLOBAL BRANDS SCORECARD 2007


Coca-Cola retains the No. 1 spot; Google outpaces the pack for the second straight year.

Google, Zara, Apple, and Nintendo are among this year’s top gainers in BusinessWeek’s annual ranking of The Best Global Brands 2007 For the seventh consecutive year, BusinessWeek has teamed up with Interbrand, a leading brand consultancy, to publish a ranking of the top 100 global brands by brand value.




The World's Most Innovative Companies

When I Surf at the Internet ,I get post from site about The World's Most Innovative Compannies.
That the report/post from fastcompany.com and you can get more post/report at here

1 GOOGLE

The faces and voices of the world's most innovative company.

2 APPLE

Careful readers of this magazine may be scratching their heads right now, in light of our recent cover story laying out the many challenges facing Apple. But the company has had, indisputably, one hell of a run. In the past year alone, three major new products -- iPhone, iPod Touch, and Leopard OS -- fueled triple-digit revenue growth. So while analysts forecast a more earthbound Apple in 2008, it deserves praise. And extra points for style.

3 FACEBOOK

In 2007, the social-networking juggernaut had variously impressed with its ability to reinvent the wheel (opening its platform to outside developers) and drawn cyberpickets with its boneheaded missteps (trying to sell advertising by telegraphing its users' every move). But after a year lived dangerously, Facebook is officially A-list, with a $15 billion valuation to boot, thanks to Microsoft's $240 million investment. That's nothing to throw a sheep at.

4 GE

GE makes our list not on reputation but on the strength of its breakthrough products. Among them: an HD CT scanner that reduces radiation exposure by half, a reengineering of the best-selling CF34 jet engine for the booming Chinese aviation market, and a hybrid locomotive that cuts emissions by 50% -- evidence that Ecomagination is more than just marketing babble. Coming up, commercially viable OLED lighting by 2010.

5 IDEO

Nobody can accuse the Palo Alto -- based design firm of taking on easy clients in 2007. The CDC asked Ideo to help tackle childhood obesity; the Acumen Fund enlisted the shop to collaborate on delivering clean water in the developing world; and the Red Cross hired it to help encourage blood donations. "As social issues increasingly become business issues," says Ideo CEO Tim Brown, "this will be a critical new direction for design." Of course, there were awards too. The company's designs for the Eclipse 500 Very Light Jet cabin and cockpit instrument panel won IDEA Gold medals, as did its LCD monitor for Samsung. But it was Ideo's "Keep the Change" campaign for Bank of America that had perhaps the most impact. Based on research showing that boomer women with kids tend to round up their financial transactions, Ideo developed a service that rounds up debit card purchases to the nearest dollar, then transfers the monetary difference from the customer's checking account to her savings. In its first year, 2.5 million customers signed up.

6 NIKE

You expect fancy footwear from Nike. But its latest masterstroke is social networking, online and off. From events to the Web to unique retail hubs, Nike is blurring the line between brand and experience.Mark Borden

Maybe the reporting can be inspiring for all CEO in the World.

Top-10 Economic Predictions for 2008

When I Browsing in the Internet , I to get to good site about Prediction Economic for 2008.
That Situs is Global Insight to criticize about economic,that is Prediction.

Top-10 Economic Predictions for 2008

The U.S. economy is now in the danger zone. GDP growth in the fourth quarter of 2007 (0.0%) and first half of 2008 (0.8% in the first quarter and 1.8% in the second quarter) is expected to be very weak. This will make the United States extremely vulnerable to another shock. Furthermore, it is unlikely that the rest of the world will be able to shrug off the expected sharp deceleration in spending by American households. Global Insight currently predicts that world growth will be 3.3% in 2008, compared with 3.7% this year. With the potential for housing crunches in some European economies and a post-Olympics slowdown (or even bust) in China, the risks for the global economy are now overwhelmingly on the downside.

If you read the prediction please Download PDF file for Top -10 Economic predictions for 2008 for here


Best Compannies To Work For 2008

That is Reporting Fortune for The Best Company To Work For 2008 at U.S.A

  1. Google
  2. Quicken Loans
  3. Wegmans Food Markets
  4. Edward Jones
  5. Genentech
  6. Cisco Systems
  7. Starbucks
  8. Qualcomm
  9. Goldman Sachs
  10. Methodist Hospital System
  11. Boston Consulting Group
  12. Nugget Markets

68.eBay

86Microsoft

87.Yahoo

What happened about ebay,Microsoft,Yahoo.....?,May be you have answer ...that is

Person of The Year 2007

The Time Tuesday, Dec. 04, 2007 Reporting About Mr Vladimir Putin to no.1 in the Person or person of the year 2007.

That's Reporting From The Time.

No one is born with a stare like Vladimir Putin's. The Russian President's pale blue eyes are so cool, so devoid of emotion that the stare must have begun as an affect, the gesture of someone who understood that power might be achieved by the suppression of ordinary needs, like blinking. The affect is now seamless, which makes talking to the Russian President not just exhausting but often chilling. It's a gaze that says, I'm in charge.
This may explain why there is so little visible security at Putin's dacha, Novo-Ogarevo, the grand Russian presidential retreat set inside a birch- and fir-forested compound west of Moscow. To get there from the capital requires a 25-minute drive through the soul of modern Russia, past decrepit Soviet-era apartment blocks, the mashed-up French Tudor-villa McMansions of the new oligarchs and a shopping mall that boasts not just the routine spoils of affluence like Prada and Gucci but Lamborghinis and Ferraris too.
When you arrive at the dacha's faux-neoclassical gate, you have to leave your car and hop into one of the Kremlin's vehicles that slowly wind their way through a silent forest of snow-tipped firs. Aides warn you not to stray, lest you tempt the snipers positioned in the shadows around the compound. This is where Putin, 55, works. (He lives with his wife and two twentysomething daughters in another mansion deeper in the woods.) The rooms feel vast, newly redone and mostly empty. As we prepare to enter his spacious but spartan office, out walk some of Russia's most powerful men: Putin's chief of staff, his ideologist, the speaker of parliament—all of them wearing expensive bespoke suits and carrying sleek black briefcases. Putin, who rarely meets with the foreign press, then gives us 3 1/2 hours of his time, first in a formal interview in his office and then upstairs over an elaborate dinner of lobster-and-shiitake-mushroom salad, "crab fingers with hot sauce" and impressive vintages of Puligny-Montrachet and a Chilean Cabernet.
Vladimir Putin gives a first impression of contained power: he is compact and moves stiffly but efficiently. He is fit, thanks to years spent honing his black-belt judo skills and, these days, early-morning swims of an hour or more. And while he is diminutive—5 ft. 6 in. (about 1.7 m) seems a reasonable guess—he projects steely confidence and strength. Putin is unmistakably Russian, with chiseled facial features and those penetrating eyes. Charm is not part of his presentation of self—he makes no effort to be ingratiating. One senses that he pays constant obeisance to a determined inner discipline. The successor to the boozy and ultimately tragic Boris Yeltsin, Putin is temperate, sipping his wine only when the protocol of toasts and greetings requires it; mostly he just twirls the Montrachet in his glass. He eats little, though he twitchily picks the crusts off the bread rolls on his plate.
Putin grudgingly reveals a few personal details between intermittent bites of food: He relaxes, he says, by listening to classical composers like Brahms, Mozart, Tchaikovsky. His favorite Beatles song is Yesterday. He has never sent an e-mail in his life. And while he grew up in an officially atheist country, he is a believer and often reads from a Bible that he keeps on his state plane. He is impatient to the point of rudeness with small talk, and he is in complete control of his own message.
He is clear about Russia's role in the world. He is passionate in his belief that the dissolution of the Soviet Union was a tragedy, particularly since overnight it stranded 25 million ethnic Russians in "foreign" lands. But he says he has no intention of trying to rebuild the U.S.S.R. or re-establish military or political blocs. And he praises his predecessors Yeltsin and Mikhail Gorbachev for destroying a system that had lost the people's support. "I'm not sure I could have had the guts to do that myself," he tells us. Putin is, above all, a pragmatist, and has cobbled together a system—not unlike China's—that embraces the free market (albeit with a heavy dose of corruption) but relies on a strong state hand to keep order.
Like President George W. Bush, he sees terrorism as one of the most profound threats of the new century, but he is wary of labeling it Islamic. "Radicals," he says, "can be found in any environment." Putin reveals that Russian intelligence recently uncovered a "specific" terrorist threat against both Russia and the U.S. and that he spoke by phone with Bush about it.
What gets Putin agitated—and he was frequently agitated during our talk—is his perception that Americans are out to interfere in Russia's affairs. He says he wants Russia and America to be partners but feels the U.S. treats Russia like the uninvited guest at a party. "We want to be a friend of America," he says. "Sometimes we get the impression that America does not need friends" but only "auxiliary subjects to command." Asked if he'd like to correct any American misconceptions about Russia, Putin leans forward and says, "I don't believe these are misconceptions. I think this is a purposeful attempt by some to create an image of Russia based on which one could influence our internal and foreign policies. This is the reason why everybody is made to believe...[Russians] are a little bit savage still or they just climbed down from the trees, you know, and probably need to have...the dirt washed out of their beards and hair." The veins on his forehead seem ready to pop.
Elected Emperor
Putin has said that next spring, at the end of his second term as President, he will assume the nominally lesser role of Prime Minister. In fact, having nominated his loyal former chief of staff (and current Deputy Prime Minister) Dmitri Medvedev to succeed him as President, Putin will surely remain the supreme leader, master of Russia's destiny, which will allow him to complete the job he started. In his eight years as President, he has guided his nation through a remarkable transformation. He has restored stability and a sense of pride among citizens who, after years of Soviet stagnation, rode the heartbreaking roller coaster of raised and dashed expectations when Gorbachev and then Yeltsin were in charge. A basket case in the 1990s, Russia's economy has grown an average of 7% a year for the past five years. The country has paid off a foreign debt that once neared $200 billion. Russia's rich have gotten richer, often obscenely so. But the poor are doing better too: workers' salaries have more than doubled since 2003. True, this is partly a result of oil at $90 a barrel, and oil is a commodity Russia has in large supply. But Putin has deftly managed the windfall and spread the wealth enough so that people feel hopeful.
Russia's revival is changing the course of the modern world. After decades of slumbering underachievement, the Bear is back. Its billionaires now play on the global stage, buying up property, sports franchises, places at élite schools. Moscow exerts international influence not just with arms but also with a new arsenal of weapons: oil, gas, timber. On global issues, it offers alternatives to America's waning influence, helping broker deals in North Korea, the Middle East, Iran. Russia just made its first shipment of nuclear fuel to Iran—a sign that Russia is taking the lead on that vexsome issue, particularly after the latest U.S. intelligence report suggested that the Bush Administration has been wrong about Iran's nuclear-weapons development. And Putin is far from done. The premiership is a perch that will allow him to become the longest-serving statesman among the great powers, long after such leaders as Bush and Tony Blair have faded from the scene.
But all this has a dark side. To achieve stability, Putin and his administration have dramatically curtailed freedoms. His government has shut down TV stations and newspapers, jailed businessmen whose wealth and influence challenged the Kremlin's hold on power, defanged opposition political parties and arrested those who confront his rule. Yet this grand bargain—of freedom for security—appeals to his Russian subjects, who had grown cynical over earlier regimes' promises of the magical fruits of Western-style democracy. Putin's popularity ratings are routinely around 70%. "He is emerging as an elected emperor, whom many people compare to Peter the Great," says Dimitri Simes, president of the Nixon Center and a well-connected expert on contemporary Russia.
Putin's global ambitions seem straightforward. He certainly wants a seat at the table on the big international issues. But more important, he wants free rein inside Russia, without foreign interference, to run the political system as he sees fit, to use whatever force he needs to quiet seething outlying republics, to exert influence over Russia's former Soviet neighbors. What he's given up is Yeltsin's calculation that Russia's future requires broad acceptance on the West's terms. That means that on big global issues, says Strobe Talbott, president of the Brookings Institution and former point man on Russia policy for the Clinton Administration, "sometimes Russia will be helpful to Western interests, and sometimes it will be the spoiler."
Up from the Ruins
How do Russians see Putin? For generations they have defined their leaders through political jokes. It's partly a coping mechanism, partly a glimpse into the Russian soul. In the oft told anecdotes, Leonid Brezhnev was always the dolt, Gorbachev the bumbling reformer, Yeltsin the drunk. Putin, in current punch lines, is the despot. Here's an example: Stalin's ghost appears to Putin in a dream, and Putin asks for his help running the country. Stalin says, "Round up and shoot all the democrats, and then paint the inside of the Kremlin blue." "Why blue?" Putin asks. "Ha!" says Stalin. "I knew you wouldn't ask me about the first part."
Putin himself is sardonic but humorless. In our hours together, he didn't attempt a joke, and he misread several of our attempts at playfulness. As Henry Kissinger, who has met and interacted with Russian leaders since Brezhnev, puts it, "He does not rely on personal charm. It is a combination of aloofness, considerable intelligence, strategic grasp and Russian nationalism" (see Kissinger interview).
To fully understand Putin's accomplishments and his appeal, one has to step back into the tumult of the 1990s. At the end of 1991, just a few months after Yeltsin dramatically stood on a tank outside the parliament in Moscow to denounce—and deflate—a coup attempt by hard-liners, the Soviet Union simply ceased to exist. Yeltsin took the reins in Russia and, amid great hope and pledges of help from around the world, promised to launch an era of democracy and economic freedom. I arrived in Moscow a week later, beginning a three-year stint as a Russia correspondent.
I retain three indelible images from that time. The first: the legions of Ivy League—and other Western-educated "experts" who roamed the halls of the Kremlin and the government, offering advice, all ultimately ineffective, on everything from conducting free elections to using "shock therapy" to juice the economy to privatizing state-owned assets. The second: the long lines of impoverished old women standing in the Moscow cold, selling whatever they could scrounge from their homes—a silver candleholder, perhaps, or just a pair of socks. The third, more familiar image: a discouraged and embattled Yeltsin in 1993 calling in Russian-army tanks to shell his own parliament to break a deadlock with the defiant legislature when everything he was trying to do was going wrong.
Yeltsin bombed his way out of the threat of civil war and managed to hang on to power, but Russia was left hobbled. Virtually every significant asset—oil, banks, the media—ended up in the hands of a few "oligarchs" close to the President. Corruption and crime were rampant; the cities became violent. Paychecks weren't issued; pensions were ignored. Russia in 1998 defaulted on its foreign debt. The ruble and the financial markets collapsed, and Yeltsin was a spent force. "The '90s sucked," says Stephen Sestanovich, a Columbia University professor who was the State Department's special adviser for the new Independent States of the former Soviet Union under President Bill Clinton. "Putin managed to play on the resentment that Russians everywere were feeling." Indeed, by the time Putin took over in late 1999, there was nowhere to fall but up.
Path to Power
That Russia needed fixing was acknowledged by all. But how was it that Putin got the call? What was it that lifted him to power, and to the dacha in Novo-Ogarevo?
Putin's rise continues to perplex even devoted Kremlin observers. He was born into humble circumstances in St. Petersburg in 1952. His father had fought in World War II and later labored in a train-car factory. Putin's mother, a devout Orthodox Christian, had little education and took on a series of menial jobs. The family lived in a drab fifth-floor walk-up in St. Petersburg; Putin had to step over swarms of rats occupying the entranceway on his way to school. Putin's only ancestor of note was his paternal grandfather, who had served as a cook for both Lenin and Stalin, though there's no sign that this gave his family any special status or connections.
Putin describes his younger self as a poor student and a "hooligan." Small for his age, he got roughed up by his contemporaries. So he took up sambo—a Soviet-era blend of judo and wrestling—and later just judo. From all accounts, he devoted himself to the martial art, attracted by both its physical demands and its contemplative philosophical core. "It's respect for your elders and opponents," he says in First Person, his question-and-answer memoir published in 2000. "It's not for weaklings."
It was the KGB that rescued Putin from obscurity—and turned the child into the man. Putin had begun to apply himself to schoolwork, and in 1975, during his senior year at Leningrad State University, he was approached by an impressive stranger who said, "I need to talk to you about your career assignment. I wouldn't like to specify exactly what it is yet." Putin, who had dreamed of becoming a spy, was intrigued. Within months he was being trained in counterintelligence. By the mid-1980s he was assigned to East Germany, where he worked undercover, pursuing intelligence on NATO and German politicians. He was in Dresden, not Berlin where the action was, and probably would have been only a bit player in the Le Carré version of the cold war. But when the Berlin Wall came down in 1989, so did Putin's KGB career. As angry crowds moved on the local KGB headquarters, Putin and his colleagues feverishly burned files that detailed agents' names and networks—so much paper, he recalls in the memoir, that "the furnace burst." Then he slipped into the crowd and watched as the newly liberated mobs sacked the detested building. Within two years, he left the KGB altogether.
Putin's big break was a friend's introduction to Anatoli Sobchak, the liberal mayor of St. Petersburg, who was happy to bring in an intelligent, no-nonsense outsider to help push his reformist agenda. Putin ran the office that registered businesses and promoted foreign investment. He was responsible for ensuring that President Clinton's visit to the city in 1996 went smoothly—it was the first time American officials saw Putin in action. But later that year, Sobchak, damaged by a perception of ineffectiveness and rumors of corruption, lost his re-election bid. As Putin tells us at the dacha, as a member of the losing team, he was suddenly untouchable. "Nobody would hire me there," he says.
So Putin headed to Moscow. What transpired next seemed to Kremlin watchers as unlikely as Chauncey Gardiner's unwitting rise to power in the Jerzy Kosinski novel Being There. Although Putin often says that he had no connections when he arrived in the capital in mid-1996, he had several powerful allies who landed him work in the Kremlin. He became deputy to the head of Yeltsin's general-affairs department. Within two years he was asked to head the FSB, the spy-agency successor to the disbanded KGB. Putin, in his memoir, says he received a call out of the blue asking him to head to the airport to meet Russia's Prime Minister, Sergei Kirienko. Kirienko offered congratulations. When Putin asked why, he replied, "The decree is signed. You have been appointed director of the FSB." Then, in August 1999, Putin was named Prime Minister. It's a grand title, but it doesn't come with much security: Putin was Yeltsin's fifth Prime Minister in 17 months. But Putin did far better than survive; within four months a declining Yeltsin asked Putin to take over as acting President. Putin tells us he initially declined but that Yeltsin raised it again, saying, "Don't say no." By the last day of 1999 Putin was running the country.
We ask if it had ever occurred to Putin that history would place him in such a role. "It never occurred to me," he says. "It still surprises me."
Experts generally believe that Putin won Yeltsin's endorsement because he was competent, because he wasn't part of any of the major Moscow factions competing for power and because his KGB past gave him a source of authority. But they also widely assume that he made a deal with Yeltsin and his family: in return for Yeltsin's endorsement, Putin would not pursue corruption charges against the outgoing President and his relatives, despite the rumors that surrounded the family's dealings. It's impossible to verify, but neither Yeltsin, who died this year, nor his well-connected daughter Tatyana Dyachenko was ever a subject of public investigation (though Putin quickly fired her from her position as a Kremlin image consultant). Indeed, Putin's first decree guaranteed Yeltsin and his family immunity from such probes. Putin explains things to us this way: "Mr. Yeltsin realized that I would be totally sincere and would spare no effort to fulfill my duties and would be honest and see that the interest of the country could be secured." Eight years on, one can't help seeing a parallel with the latest maneuverings in the Kremlin: just as Yeltsin rewarded Putin for his loyalty, now Putin is doing the same for his anointed successor, Medvedev. There is already a new Putin joke: Putin goes to a restaurant with Medvedev and orders a steak. The waiter asks, "And what about the vegetable?" Putin answers, "The vegetable will have steak too."
Taking Control
Putin is no vegetable. In 1999, when he assumed the role of acting President, he was a relative unknown. It was his response to a Chechen rebel incursion in the Russian republic of Dagestan in the North Caucasus that quickly set him on a path toward national glory. Alexei Gromov, who has served with Putin as press secretary since he came to power, remembers being in the room when Putin told his wife Lyudmila that he was preparing to go on a New Year's Eve trip to the war zone to meet with the troops. She was worried about his safety and went along with him. In the end, the trip may have been no more than a calculated, if risky, photo op, but it was effective. Russians met their new leader and admired his courage and energy.
The following year Putin stepped up Russia's invasion of the breakaway republic of Chechnya. Rambo-style, he promised a quick and decisive victory, reiterating his earlier pledge to defeat enemy fighters "even in the toilet." Grozny, Chechnya's capital, was all but obliterated; Russia reassumed power and installed a puppet leader. Despite heartbreaking subsequent Chechen terrorist attacks—including a 2004 assault on a school in Beslan, North Ossetia, where 339 civilians, most of them children, were killed—Russians by and large admire Putin for drawing the line in the south. Having watched Eastern Europe and the Soviet republics slip from Moscow's grip, Russians were happy to keep Chechnya—even a bombed-out Chechnya—in the fold.
To the West, meanwhile, Putin was a mystery. Russia watchers debated endlessly: Was he a pro-Western reformer? (He had worked for Sobchak.) Or a hard-liner? (He was a career KGB man.) Yet just as 9/11 helped define President Bush, so did external challenges allow Putin to grow into a leader. His first steps on the world stage were tentative. His global coming-out had occurred in Auckland at a 1999 meeting of heads of APEC (Asia-Pacific Economic Cooperation) nations. Sestanovich, who was traveling with President Clinton, remembers meeting Putin at Clinton's hotel suite. "He was new on the job then," says Sestanovich, "not at all sure of himself." But Clinton was willing to work with him. Putin tells us how, at an APEC dinner at which he was feeling somewhat lost, Clinton crossed the room past other world leaders and leaned down to talk to him. "Volodya," Clinton said, using the familiar form of the name Vladimir, "I suggest we walk out together from this room." Putin rose to his feet, and the two men strolled out together. "Everyone applauded," Putin recalls. "I will remember that forever." It was Putin's only sign of softness during the 3 ½ hours we spoke.
Clinton was not the only American who found something to like about Putin. Two years later, in a line that has haunted him ever since, President Bush declared that he had looked inside Putin's soul. It was their first meeting, at a summit in Slovenia, and Bush said, "I looked the man in the eye. I found him to be very straightforward and trustworthy...I was able to get a sense of his soul." We ask Putin to return the favor, to describe what he has sensed of the U.S. President's soul. He declines to get personal. "I have a very good personal relationship with Mr. Bush," he says. "He is a very reliable partner, a man of honor."
The terrorist attacks on 9/11 provided Putin with another defining moment. He was one of the first world leaders to offer condolences and help to President Bush. That probably led the U.S. to back off from stridently criticizing the Chechnya adventure. But the initial shared objectives between Putin and the Bush Administration did not last. Putin strongly opposed America's invasion of Iraq and established Russia as a steady voice of opposition to Bush's adventure, demanding that decisions on Iraq be made at the U.N. (where Russia, of course, has Security Council veto power). America's occupation of Iraq has affirmed Putin's sense that he was right. "If one looks at the map of the world, it's difficult to find Iraq, and one would think it rather easy to subdue such a small country," Putin tell us. "But this undertaking is enormous. Iraq is a small but very proud nation." The debacle in Iraq plays into what is perhaps Putin's most cherished foreign-policy dictum: that nations shouldn't interfere in one another's affairs. And what that really means, of course, is that no one should interfere in Russia's affairs.
Another Putin joke: Putin and Bush are fishing on the Volga River. After half an hour Bush complains, "Vladimir, I'm getting bitten like crazy by mosquitoes, but I haven't seen a single one bothering you." Putin: "They know better than that."
A Ruthless Streak
Now that Putin has solidified his grip on power, he no longer seems overly concerned with courting Western approval. Despite a chorus of disapproving clucks from the West, Putin has shackled the press, muted the opposition, jailed tycoons who don't pledge fealty. In Russia this has been a terrible time to be a democrat, a journalist, an independent businessman. Just ask Garry Kasparov. The chess grandmaster—the highest-rated player of all time—is a far cry from stereotypically dysfunctional champions like Bobby Fischer. Kasparov has a keen political mind and a lively sense of humor. For years he has fought an increasingly lonely struggle as a democratic activist facing an uncompromising state. On Nov. 24, while holding a political rally in Moscow, he was arrested on a technicality and spent five days at Moscow's Petrovka 38 jail.
A week or so after Kasparov's release, we are sitting in Moscow's Cosmos Hotel, where he is taking part in a human-rights meeting. Assembled is a ragtag group of Russian activists, and here Kasparov is a star. (Even here his two bodyguards sandwich him whenever he walks about.) Unlike many of Putin's other critics, who seem fearful of chastising their leader openly, Kasparov isn't cowed. "Putin wants to rule like Stalin but live like Abramovich," he says, referring to Roman Abramovich, the billionaire Russian oil trader who owns London's Chelsea soccer team. "Putin's system is more like Mafia than democracy."
Putin's administration has blocked democrats like Kasparov from participating effectively in politics by making it all but impossible for them to meet the entry requirements. The President, in our discussion, routinely suggests that Kasparov is a stooge of the West because he spoke to the foreign press in English after his arrest. "If you aspire to be a leader of your own country, you must speak your own language, for God's sake," he says. Kasparov recently gave up his long-shot race for President.
Dmitri Muratov also knows the difficulties of life in the Putin era. A softspoken, heavyset man whose neatly trimmed beard is turning gray, Muratov is the editor in chief of Novaya Gazeta, a Moscow newspaper, published twice a week, with a reputation for pursuing tough investigative pieces. In the past seven years, three of his journalists have been murdered; all were looking into corruption and wrongdoing. After the third murder, Muratov decided to close the 14-year-old paper to avoid putting any other journalist at risk. But his staff talked him out of it. The paper is perpetually harassed by officials around the country, but, Muratov notes with a weary smile, "we're still alive."
The last of Muratov's journalists to die, Anna Politkovskaya, was shot in the elevator of her apartment building last year on Oct. 7. Alexander Litvinenko, a former FSB officer turned government critic living in London, accused Putin of sanctioning the killing. Within weeks, Litvinenko himself was dead too, killed by radiation poisoning from a mysterious dose of polonium 210. (Britain wants to charge a former KGB officer, Andre Lugovoy, who has just been elected to Russia's parliament, with the killing. He denies it, and Russian law prevents the extradition of Russian citizens.)
Muratov, for his part, doesn't know who ordered his journalists' killings. He says only that he blames "corruption," which has flourished during Putin's eight years.
Although few Russians seem to think Putin himself is corrupt, it is commonly believed that he is surrounded by business and political heavies who are amassing millions in payoffs. Indeed, if anything can bring him down, it may well be graft. As long as living standards rise, people are more likely to forgive the perception that officials are getting obscenely rich by demanding illicit payoffs. But if the economy stops growing—if the price of oil falls back to earth—Putin will face a challenge, whether from the masses in the streets or from military and civilian challengers.
One insider, who asked that his identity be protected, spelled out for us just one example of how the game is played, detailing the payments a prospective regional governor has to make to political bagmen in Moscow in order to get the Kremlin's nod for the post. For wealthier regions, such an endorsement can cost as much as $20 million, money that the politicians raise quietly from corporate "sponsors" that expect special treatment in return. The amount of money flowing to kingmakers in the Kremlin, in other words, is staggering.
When we ask about the view that he is surrounded by corrupt officials, Putin turns testy: "If you are so confident, then I presume you know the names and the systems and the tools...Write to us." As for Politkovskaya, who had been investigating policy failures and human-rights abuses in Chechnya when she was killed—and who authored the 2004 book Putin's Russia: Life in a Failing Democracy—Putin says he believes she was murdered by a provocateur to cast suspicion on his administration.
For all the attention the outside world pays to such cases, formal polls make it clear that within Russia, Putin's critics are in the minority. For every journalist distressed at the rollback of freedoms, there are scores of Russians who quietly applaud Putin's efforts to reassert stability. Once a year, when Putin takes phone calls from citizens around the country, tens of thousands of people try to get through. Listening to the calls, however screened and rehearsed they may be, one is struck by the ardor of the appeals to the President to get things done and by the broad range of information at Putin's fingertips. (A woman who lives on an island off Vladivostok complained about the local ferry service. Putin told her a bridge will soon be built to link the island to the mainland.)
Certainly life in Russia today is better than it has been for years. The stores are stocked with goods. The once worthless ruble is a genuine currency, strengthening against the dollar these days. Crime persists, but the cities are not as rough as in previous years.
And then there are the President's loudest and most visible defenders: members of Nashi (Ours, in Russian), the cultish pro-Putin youth movement. In mid-December, about 20,000 of the Nashi faithful from all over Russia gathered for a rally by the Kremlin walls to celebrate the recent victory of Putin's United Russia Party in elections to the parliament. From the stage, speakers, rock singers and rappers declared their patriotism and love for the President. A banner read, into the future with putin! Someone introduced Dasha, a 10-year-old member of Mishki (Bear Cubs), the new children's division of Nashi. "I love Russia," said Dasha. "I love teddy bears. I love Putin. Together we will win!"
I went to Nashi's Moscow headquarters a few days later and met with Lyubov Serikova, a pretty 22-year-old redhead from Russia's Chuvash Republic who is a rising star in the organization. She was thrilled with the recent election and credited Nashi with helping thwart an unnamed enemy's attempt to launch an "orange revolution" in Russia. Her world seemed conspiratorial, and she echoed Putin's own statements: those who run against the President were trying to bring the country down. Putin, she said, "has made Russia a leading country in just a few years."
When we finish talking, I take a look at an official Nashi poster hanging outside her office, which excoriates U.S. policies. It's reminiscent of Soviet-era propaganda with its non sequitur acceleration of hysteria: "Tomorrow there will be war in Iran. The day after tomorrow Russia will be governed externally!" But this is no fringe group. Putin frequently visits Nashi's training camps and meets with its leaders. And from there he sometimes launches anti-Western tirades, including a recent blast at London authorities who are demanding the extradition of the suspected killer of Litvinenko.
Putin's mission is not to win over the West. It is to restore to Russians a sense of their nation's greatness, something they have not known for years. This is not idle dreaming. When historians talk about Putin's place in Russian history, they draw parallels with Stalin or the Tsars. Putin, one can't stress enough, is not a Stalin. There are no mass purges in Russia today, no broad climate of terror. But Putin is reconstituting a strong state, and anyone who stands in his way will pay for it. "Putin has returned to the mechanism of one-man rule," says Talbott of the Brookings Institution. "Yet it's a new kind of state, with elements that are contemporary and elements from the past."
And there's plenty that could go wrong. The depth of corruption, the pockets of militant unrest, the ever present vulnerability of the economy to swings in commodity prices—all this threatens to unravel the gains that have been made. But Putin has played his own hand well. As Prime Minister, he is set to see out the rest of the drama of Russia's re-emergence. And almost no one in Russia is in a position to stop him. If he succeeds, Russia will become a political competitor to the U.S. and to rising nations like China and India. It will be one of the great powers of the new world.
Back at the dacha, with snow falling lightly outside, our dinner and discussion continue. Putin has been irritable throughout, a grudging host. Suddenly, at 10 o'clock, he stands and abruptly ends the evening. "We've finished eating, there's nothing more on the table, so let's call it a day," he declares. Actually, the main course (choice of sturgeon or veal) and dessert ("bird's milk" cake)—lovingly printed in gold ink on the prepared menu cards—haven't yet been served. The Russian President's brusqueness is jarring. Have our questions angered him? Bored him? Does he have another appointment? It's not clear. "Bye bye," says Putin—in English—as he walks briskly out of the room. The work of rebuilding Russia, apparently, is never done.
—with reporting by Yuri Zarakhovich and Dario Thuburn/Moscow

He is a greatest Man, and I have feeling next time he come again for The Russian President.

Runner up Person in the Year 2007

The Times Tuesday, Dec. 04, 2007 Reporting About Runner up Person of The Year 2007 .
Who is That ...?
That is Runner Up Person in Ther Year 2007
1.Al Gore
2.J.K Rowling
3.Hu Jintao
4.David Petraeus

He/She is very very important for the World.

Top Ten Finalists - World Car Awards - 2008

Top Ten World Car, World Performance Car, and World Green Car Finalists Announced
The countdown has begun in preparation for the 2008 World Car awards winners’ press conference at the New York International Auto Show on Thursday, March 20, 2008.

A jury of 47 distinguished international automotive journalists selected the finalists by secret ballot, based on their experience with each candidate as part of their professional work. The jury members constitute a balance of representation from Asia, Europe, North America, South America, as well as other parts of the world. All hold significant stature within their own regions and countries.

The 2008 World Car of the Year will be selected from the following top ten finalists:

Audi A5 Coupé/Audi S5 Coupé
Audi R8
Cadillac CTS
Ford Mondeo
Ford S-Max
Mazda2/Mazda Demio
Mercedes-Benz C-Class
Nissan Qashqai/Dualis
Nissan Skyline Coupe/Infiniti G37 Coupe
Volvo C30

The 2008 World Performance Car, presented by Mobil 1, will be chosen from one of these top ten finalists: AMG Mercedes-Benz CL 63

AMG Mercedes-Benz S 63
Aston Martin V8 Vantage Roadster
Audi R8
Audi S5 Coupé
BMW M3
Honda Civic R (Japanese & European spec)
Maserati GranTurismo
Mercedes-Benz CLK63 AMG Black Series
Renault Clio F1 Team R27

“For more than 30 years, Mobil 1 has been the recommended oil for the world's top high performance vehicles,” said Nancy Carlson, strategic global alliances manager, ExxonMobil Lubricants & Specialties. “It was a natural fit to bring Mobil 1 and the World Performance Car Award program together to honor these vehicles and the original equipment manufacturers who build them, in their quest to become the top performance car in the world .”

The jurors’ next step is to re-evaluate the “Top Ten” cars in both classes, in preparation for a final round of voting in February. They will specifically rate each vehicle in terms of overall merit, value, safety, environmental responsibility, emotional appeal, and significance. The international accounting firm of KPMG will tabulate the vote results and then announce the top three finalists on February 20, 2008.

As there are ten candidates for the 2008 World Green Car title, they become by default the top ten finalists in this class. They are:

BMW 118d with Efficient Dynamics
Chevrolet Equinox Fuel Cell Electric VehicleChevrolet Tahoe/GMC Yukon HybridsChevrolet Malibu HybridLexus LS 600h LNissan Altima HybridSaturn Aura Green LineSaturn Vue Green LineSmartForTwo cdiVolkswagen Passat 1.9 TDI BlueMotion
The selection of finalists in the World Car Design of the Year category are handled quite differently. A panel of international design experts assists the jurors by developing for them a short list of finalists from the array of eligible candidates in the 2008 World Car of the Year category. The jurors will choose the 2008 World Car Design of the Year winner from this short list when they vote in February. The top three contenders will also be announced by KPMG on February 20, 2008.
Now in their fifth year, the annual World Car awards have become one of the most prestigious and credible programs of their type in the world.
The awards were inaugurated in 2003, and officially launched in January 2004, to reflect the reality of the global marketplace, as well as to recognize and reward automotive excellence on a global scale. The awards are intended to complement, not compete, with existing national and regional Car of the Year programs.
The awards are administered by a non-profit association, under the guidance of a Steering Committee of preeminent automotive journalists from Asia, Europe, and North America. There is no affiliation with, nor are the awards in any way influenced by any publication, auto show, automaker, or other commercial enterprise.