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...stadiums, I found a lucrative trade in child sex. The children, sold for as little as $45, can earn more than $600 per night for their captors. "I'm really looking forward to doing more business during the World Cup," said a trafficker. We were speaking at his base overlooking Port Elizabeth's new Nelson Mandela Bay Stadium. Already, he had done brisk business among the stadium's construction workers...

Author: /time Magazine | Title: South Africa's New Slave Trade and the Campaign to Stop It | 1/18/2010 | See Source »

...trade group's executive director, Dana Meineke, says the weak economy and turmoil in the credit markets are expanding the customer base. "We're seeing some new faces," says Daniel Feehan, president and chief executive of Cash America International, a pawnshop company based in Fort Worth, Texas. (See the best business deals...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

Travel experts say the decision reflects Carnival's strategy to market itself as a more wholesome, "family fun" cruise line and avoid the image of a floating girls-gone-wild video. Rich Gosse, spokesman for the California-based Singles Travel Company and Society of Single Professionals, which arranged the first International Cougar Cruise, says he understands the pressure Carnival feels to build that customer base in the current economy. "They've got to do what they've got to do to survive," says Gosse, "and we're grateful they gave us the chance to start this." (See TIME's photo...

Author: /time Magazine | Title: Why Cougar Cruises Proved Too Hot for Carnival | 1/14/2010 | See Source »

...associate professor at the S. Rajaratnam School of International Studies in Singapore, says the Chinese tourism gambit is a move "to make its sovereignty claims over these islands a fait accompli." Vietnam watchers point to an escalation of tensions since the 2007 completion of a strategic Chinese submarine base on Hainan Island, just over 124 miles (200 km) from Vietnam's eastern shore. The base has enabled Beijing to project its power not only in its own backyard, but further into the Pacific and Indian oceans as well. Last year, China detained 25 Vietnamese fishermen found near the Paracels...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...German Chancellor Angela Merkel, the new year has gotten off to a dismal start. During the past week, several members of her party, the Christian Democratic Union (CDU), have publicly laid into her laissez-faire leadership style, claiming it has weakened the conservative party's base. And Foreign Minister Guido Westerwelle, leader of the CDU's partner in government, the Free Democratic Party (FDP), has challenged her government's stances on key foreign policy issues, namely German troop levels in Afghanistan and Turkey's long-delayed bid to join the European Union...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

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