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...Venice, where a combination of sinking land and rising seas has opened the city to regular inundation by storm-generated waves and unusually high tides. Still, it won't take much of a rise in sea level--between 6 in. and 1 ft., says Ahmed Ali Manik, senior environmental analyst in the Ministry of Environment and Construction--before the southwestern corner of the Maldivian capital will be threatened by the same problem. And a 3-ft. rise would allow the biggest tides to wash over the whole city...

Author: /time Magazine | Title: Where the Waters Are Rising | 4/18/2005 | See Source »

...first two months of this year. In fact, with a compounded annual revenue growth of 20% over the past five years, Hyundai has been the world's fastest-growing major automaker since 1999, according to Lehman Bros. Hyundai is "putting pressure on everybody," says Rob Hinchliffe, an auto analyst at UBS. Indeed, even Toyota vice chairman Fujio Cho has acknowledged the blur that is getting bigger in his rearview mirror. "Hyundai has quality and prices that have caught customers' attention, not to mention ours," he said at an auto conference in August...

Author: /time Magazine | Title: Hyundai Revs Up | 4/18/2005 | See Source »

...less than a comparable Toyota or Honda in the U.S., but with rising labor costs and a weaker dollar, Hyundai must persuade customers to pay more so that profits keep growing. Last year, Hyundai's earnings edged up a mere 2%, while sales grew 10%. Zayong Koo, an auto analyst at Lehman Bros. in Seoul, says it could take several years before Hyundai achieves this crucial pricing power: "They need to show a track record of good-quality cars in order for them to take that next step and raise pricing...

Author: /time Magazine | Title: Hyundai Revs Up | 4/18/2005 | See Source »

...general's greatest challenge will be to win the backing of the National Resistance Army, a guerrilla group led by former Defense Minister Yoweri Musevni, which was at the forefront of the struggle against Obote. "Forming a military government without Musevni means it cannot last," says a Ugandan political analyst. The rebels demand a greater say in the formation of the new government and strongly object to Muwanga's appointment. Western diplomats say that armed N.R.A. troops may already have begun to move into the capital. Said the Ugandan analyst: "Things are very unstable, very unpredictable." --By Janice C. Simpson...

Author: /time Magazine | Title: Uganda: Precarious Coup | 4/18/2005 | See Source »

...luxury apartment in one of the best downtown areas, hire a property firm like Colliers International or Jones Lang LaSalle to manage it, then lease it to expats. (Locals, I was told, hate to rent.) "Go for a prime location in the city center," advised Wayne Zane, an analyst at Colliers. "In a downturn, it will be less affected." So, a few weeks ago, I began touring apartments in buildings with names like Baroque Palace and Sea of Clouds Garden. The target zone: three downtown districts?Xuhui, Jingan and Luwan?that all seem certain to remain prime locations no matter...

Author: /time Magazine | Title: Betting on the Shanghai Boom | 4/16/2005 | See Source »

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