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...Countries quickly adopted it. Over the three decades following its introduction, the U.S. spent many millions of dollars a year on the technology. It was even used for a while during the Vietnam War to increase rainfall on the Ho Chi Minh Trail to hamper supply movement. By the 1980s, however, the science of cloud seeding acquired a snake-oil whiff, as disreputable private companies tried hawking it to desperate, drought-ridden communities. Within the decade, it had fallen out of favor...

Author: /time Magazine | Title: Making Rain | 8/2/2007 | See Source »

...consumers benefit from cheap manufacturing in China, Feng argued through an interpreter. When Japan gave in to U.S. pressure in the 1980s to strengthen the yen, the result was a decade-long economic malaise. Even a 10% appreciation in the value of China's currency would lead to losses for many Chinese firms, he said...

Author: /time Magazine | Title: The New China Syndrome | 8/2/2007 | See Source »

...multiplex, these guys have kept it real as well. By marrying a civilian--a bartending single mom--instead of an actress and raising his family quietly in Miami instead of Hollywood, Damon lives a pretty grounded life for an A-lister. After attending Cambridge University, Greengrass spent the 1980s aiming his handheld camera at global hot spots for the British documentary series World in Action. Before moving to dramas, he co-authored Spycatcher, a book that so controversially depicted the British intelligence service that the British government banned it and attempted (unsuccessfully) to ban it in other countries...

Author: /time Magazine | Title: How the Bourne Boys Keep it Real | 8/2/2007 | See Source »

...soccer program rising from the ashes, even as the country descends deeper into civil conflict. The resurgence of Iraqi soccer is one of the few untainted pieces of good news to emerge from post-invasion Iraq. A powerhouse in the '60s and '70s, the national team faded in the 1980s as Iraq's young men were killed and maimed by the hundreds of thousands in Saddam Hussein's war with Iran. Saddam's son Uday vented his sadism on soccer players and other athletes, forcing them to kick immovable stones and imprisoning them in medieval torture devices. Says Abu Ahmad...

Author: /time Magazine | Title: Iraqis Unite Over a Big Soccer Win | 7/29/2007 | See Source »

...There's no dispute, however, over the fact that Hong Kong is the place to buy them. Since the late 1980s, the city has slowly usurped Kobe, Japan, as Asia's leading pearl trading post, helped in part by a red-tide disease that destroyed most of Japan's major pearl farms in the 1990s. Hong Kong also enjoys its proximity to China's pearl farms, and the absence of import taxes. Annual trade shows now not only bring buyers from around the globe for China's freshwater jewels, but also auctions for the products of the world's largest...

Author: /time Magazine | Title: China's Pearl City, But for How Long? | 7/26/2007 | See Source »

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