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...thing to ask for more time, and quite another to explain how, for instance, creating a mobile-banking network helps the fight against al-Qaeda. The benefits of nation-building programs are often indirect, and hard to measure. (Ultimately, the hope is that access to banking will make farmers less reliant on loans from drug smugglers, and so less likely to grow opium, which helps finance al-Qaeda and the Taliban.) (Read "Is the Taliban Stockpiling Opium...

Author: /time Magazine | Title: Afghan Mission Creep: Back to Nation-Building | 8/19/2009 | See Source »

...benefits of using a REIT structure are threefold: private-equity firms can access equity capital quickly, use shares as currency in making future acquisitions and distribute a dividend to attract investors, says Steven Marks, managing director at Fitch Ratings...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

...businesses see a need for their own iPhone app. Iris Rakovitzky, a manager at Hummus Place in New York City, says customers who can already access websites won't want an app for each restaurant or business they frequent. Rather than apps catering to existing customers, Rakovitzky says, the more useful apps may be those that aggregate and filter area restaurants or businesses, introducing them to new consumers who are nearby. And though Apple sold more than 5 million iPhones in the second quarter of 2009, 4 out of 5 Americans still don't have a smartphone. Apps aren...

Author: /time Magazine | Title: New Ways to Create iPhone Apps on the Cheap | 8/18/2009 | See Source »

...dictator's diorama - to develop even a hint of knowledge about real life in North Korea - I had to play the system. At the height of the Cold War, solidarity delegations allowed loyal party members to visit sister countries within the communist bloc. The trusted cadres were given special access to visit model schools, hospitals and farms. A few far-left organizations have kept this tradition alive today by organizing friendship brigades to Cuba and North Korea. By fabricating my identity - I grew a mustache, changed my hair and clothes, adopted a foreign accent and got a second passport from...

Author: /time Magazine | Title: Journey to North Korea, Part I: Majesty and the Mustache | 8/18/2009 | See Source »

...forgo his usual hairstyle - an old-school side-part - for no part. He also widened his stride, which his staff said would make him appear younger, according to local daily Kobe Shimbun. Other politicians have become more technologically savvy with QR codes on leaflets, so that younger voters can access their candidates' homepages - however static they might be - by mobile phone...

Author: /time Magazine | Title: Japan's Twitter-Free Election Campaign | 8/18/2009 | See Source »

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