p the monks' revoIt 20 HINA: Beijing clears slums

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p the monks' revoIt 20 HINA: Beijing clears slums

d hides the ultrarieh 24 RUSSIA: Why Putin's Olympie city eould showease trouble 26

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T he old emerging- market story was about countries: China, Brazil, Mexico. The new one is about the big companies rising out ofthese nations, growing 20,30,40 percent faster thanWesternrivais.Many are high tech and street tough, with survival skills forged in the Asian and Latin American financial crises.

They are the big names of the future. Page38

GaVER: Courtesyof CVRD

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EUROPE: The great migration is largely Poles in Britain 28 U.S. AFFAIRS: The making of a Mormon for president 32 INFLATION: It's quiet, yes, if you ignore oil, food and China 49 BOOKS:Howan embattled Bush bulked up his office 60 ARTS:TV rediseovers the rieh, reeast for the new gilded age 65

DEPARTMENTS

PERISCOPE 4

PERSPECTIVES 5

WORlDVIEW 19

THEGOOD LlFE 69

THElASTWORD 72

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