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...were similar festivals in a dozen other Asian cities. "If nothing else, people aren't denying the existence of homosexuality anymore," says Jeffrey O'Malley, the director of the HIV group for the United Nations Development Program in New York City. "That's a huge difference from 20 years ago...
...week ago, President Obama touted a newly published report from the Bureau of Labor Statistics (BLS) that showed the country had lost 247,000 jobs in July. It seemed an odd thing to boast about, but you have to consider the context. The economy was losing jobs at three times that clip when Obama took office in January. So it is possible that we are emerging from the most frightening economic downturn since the Depression. We won't be the same country when...
...brutally competitive environment in which the price of trading has plunged. It's a market in which exchanges do constant battle over trading volume. The biggest volume generators at the moment are high-frequency trading firms you've never heard of - GETCO, founded a whopping 10 years ago, is the granddaddy - that try to get ahead of millisecond-by-millisecond price movements and take advantage of rebates paid by exchanges to those who create liquidity (that is, offer to buy or sell stock at a certain price and assume the market risk). Not surprisingly, the exchanges cater to these firms...
Florida has a knack for turning family dysfunction into national spectacle. Ten years ago it gave us the Elian Gonzalez mess; five years later came the Terri Schiavo debacle. Now we have a new domestic dispute that threatens to become another culture-war circus, complete with a clash-of-religions angle to boot: the battle for Rifqa Bary, a 17-year-old girl from Columbus, Ohio, who ran away to an Evangelical church in Orlando, Fla., because, she claims, her Sri Lankan Muslim family has threatened to kill her for recently converting to Christianity...
...many in Greece, the inferno is a case of devastating déjà vu. Almost exactly two years ago, more than 70 Greeks died in a wave of deadly blazes that seemed to sprout almost simultaneously around the country. The government pledged then to improve the country's overstretched fire services. But as they watch live coverage of panicked residents fleeing their homes once again, many Greeks are asking what, if any, lessons were learned from the tragedy in 2007. (Read TIME's 2007 article "Athens Is Burning...