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...India's princely states - well into the 20th century. After independence in 1947, the country's few industrialist families became the most important collectors, but the field remained as insular as their privately held companies. Over the past 10 years, India's economic boom created a new class of affluent, salaried professionals, particularly in technology companies. "The collector base has really increased," says Himanshu Verma, a curator and art consultant in New Delhi. "There are more corporate executives with greater disposable income...

Author: /time Magazine | Title: Buyers' Market | 6/22/2009 | See Source »

...European polls - a historic rout for Labour, a solid performance from the Conservatives and gains for fringe outfits including the far-right British National Party - graphically illustrated the concerns that launched Purnell's kamikaze mission. Labour's support has slumped under Brown. It has hemorrhaged support among the affluent voters of Middle England whose endorsement is essential to securing a parliamentary majority, and whom it wooed successfully in the 1990s. And it has been damaged, too, in hardscrabble industrial regions. A fresh face might be expected to give the party a boost and could hardly perform worse. But Brown picked...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

...over the winter, talking to clerics, students, street laborers and professionals. People's anger and despair over Ahmadinejad's mismanagement of the economy pulsed throughout Tehran. People were not just discontent; they were punching-the-wall furious. Dismissing opposition to Ahmadinejad as a north Tehran phenomenon, limited only to affluent urban areas, is insulting to the millions of middle-class Iranians who have suffered the most under his tenure. As a rule, affluent Iranians aren't much affected by high inflation and unemployment. As the foreclosure crisis in the U.S. has shown, it is people of modest or low income...

Author: /time Magazine | Title: Even in a Tainted Election, Voting Still Matters | 6/16/2009 | See Source »

...leagues - England, France, Germany, Italy and Spain - rose 2% in the season just finished. And German and English clubs will all enjoy new and improved broadcast deals in the coming two seasons. But that's not to say the downturn doesn't throw up stiff opposition. "Beyond that very affluent, élite core," says Chadwick, "the mood of austerity is still very, very strong...

Author: /time Magazine | Title: Recession? Spanish Club Pays $130M for Ronaldo | 6/11/2009 | See Source »

...poor, and let the rich top up care as they see fit. As Rua puts it: "The [French] system ensures quality treatment for everyone, but it isn't there to eliminate the realities that exist in every country - and in every professional and economic sector - that give the more affluent a wider variety of choices, and the ability to seek élite care." With reporting by Bruce Crumley / Paris and Stephanie Kirchner / Berlin...

Author: /time Magazine | Title: Health Lessons from Europe | 6/1/2009 | See Source »

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