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Dressed in an impeccably tailored suit, Reid sits alone in a glass-fronted VIP area above the main stand at the Bangkok stadium of Chulalongkorn United. Below him are a few hundred home fans and, opposite them, a few dozen supporters of the Provincial Electricity Authority, the league leaders. Reid...

Author: /time Magazine | Title: An Englishman in the Land Of Smiles | 12/11/2008 | See Source »

As the world financial crisis buffets country after country, Russia was never going to be spared. It's in much better shape than it was during the last financial crisis, in 1998, when the ruble collapsed and the country defaulted. This time, Russia has $450 billion in foreign reserves left...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

The biggest fallout to date has happened in cities that are wholly dependent on one big industry, especially steel or autos. In the Urals town of Magnitogorsk, a gigantic steelworks has placed 3,000 workers on forced leave. In Novolipetsk, to the east of Lyudinovo, thousands more have been furloughed...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

Be flexible. Some investment bankers are switching into financial planning or selling insurance. "When those looking for high-end jobs are struggling, they become amazingly tolerant," says Douglas Klein, president of Sirota Survey Intelligence, a New York City--based research firm. "They'll take work for which they're underpaid...

Author: /time Magazine | Title: The Six-Figure-Job Hunt | 12/11/2008 | See Source »

To get a sense of how technological progress is translating into environmental gains, take a trip to the research campus of Lafarge, just outside the French city of Lyons. The world's largest cement company, with sales of $22.5 billion in 2007, Lafarge has set itself the goal by 2010...

Author: /time Magazine | Title: Cementing the Future | 12/11/2008 | See Source »

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