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...expected to slow over the next 12 months, the region's financial systems and economies are still fundamentally sound, analysts say. Banks in Asia haven't experienced the dangerous losses on property and mortgages that are devastating their U.S. counterparts. To some, like Hugh Young, managing director at Aberdeen Asset Management Asia in Singapore, the sell-off is providing a buying opportunity. Young's been trolling the markets for solid blue chips and conservative banks with strong balance sheets. "Now's the time to be buying - slowly," he says. "If people are selling because they need the cash, that...

Author: /time Magazine | Title: Asia Stocks Roar Back | 9/19/2008 | See Source »

...Friday, Obama and his wife, Michelle, wrote a letter to Trinity's new pastor, Moss, announcing their resignation from the church. On Saturday, in a question-and-answer session with reporters in Aberdeen, SD, Sen. Obama explained that in the wake of Wright's NPC appearance, he and his wife had prayed for guidance on how to handle their relationship with Trinity. Obama told reporters he suspected that "it was going to be very difficult to continue our membership there as long as I was running for President. The recent episode with Father Pfleger," he continued, "just reinforced the view...

Author: /time Magazine | Title: Obama's Church Moves On After Exit | 6/1/2008 | See Source »

...expats, or golf clubs. Elsewhere in London, pubs are throwing haggis buffets, Ceilidh dances are sold out, and traditional formal suppers are spreading over the calendar. As singer and TV presenter Fiona Kennedy points out in her after-haggis speech at the Caledonian Club, back in her hometown of Aberdeen, Burns Night now stretches over so many days that it's referred to as Ramadram...

Author: /time Magazine | Title: The Bacchanal of Burns Night | 1/25/2008 | See Source »

...elements of the Titanic story that has left some locals unconvinced. For them, the Titanic Quarter is as much a developers' dream as a civic endeavor. "The Titanic is of such importance to the city and to Western culture," says Belfast-born Bill Neill, Professor of Spatial Planning at Aberdeen University, "but this vapid project represents a whitewashed history. [The developers] are inventing a past that never existed...

Author: /time Magazine | Title: The Titanic: 'She Was Alright When She Left Here' | 1/24/2008 | See Source »

...emphasis on breeds and denominations of origin helps distinguish premium beef, but is hardly infallible. Limousin and Charolais are the glory of France, while modern Tuscans still sacrifice snowy Chianina cattle, prized by the Romans and Etruscans, for their Florentine steaks. Brits stake their rosbif reputation on Aberdeen Angus. However, labels of origin are often misleading and sometimes meaningless, especially when cattle are trucked long distances and merely finished for a few weeks at whatever highway exit will give them more cachet...

Author: /time Magazine | Title: Where's the Best Beef? | 12/5/2007 | See Source »

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