COVER
Russia's New World Order (Cover Story)
Buoyed by expensive energy and a booming economy, the Kremlin is once again flexing its muscles abroadbut very carefully
WORLD CUP 2006
The Crying Game
After dazzling in 2002, Asia suffers a cruel reminder that it takes time to forge a soccer superpower
BUSINESS
Eyes on the Prize
A bid for Hong Kong's PCCW is just the latest example of Macquarie Bank's gift for detecting rich opportunity in unglamorous assets
BRIEFING
No Answer to Arroyo's Prayers (Notebook)
Despite a papal seal of approval, the Philippine President's woes aren't over
Milestones (Notebook)
Letters (Notebook)
What Happened at Haditha?
GLOBAL ADVISER
White Nights (Check In)
Taipei's monochromatic Ambience Hotel is the choicest stay for the style-conscious
Spa Gazing (Diversions)
Hong Kong's venerated Peninsula hotel opens one of the city's most extravagant spas
A Wild Night Out (Amuse Bouche)
If you like a taste of scorpion with your crocodile, grab a table at London's Archipelago
Off-Peak, On Budget (TIME Traveler)
How to hit the world's great destinations when the crowds aren't there
Knock Knock, Who's There? (Tech Watch)
Jacob Jensen goes from designer bling to designer rings