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...these places will decline and it will certainly affect people. But it won't be any different than, say, the kinds of erasures of equity we saw over decades in places such as Detroit. The difference this time, of course, being that the Detroits of the world will benefit, as will our health, our environment and general quality of life. (See pictures of GM's Eight Great Hopes...

Author: /time Magazine | Title: How the Coming Rise in Gas Prices Will Change the World | 7/15/2009 | See Source »

...seems there's some truth to the saying "There is no sex in the Soviet Union." When Sacha Baron Cohen's Borat: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan hit cinema screens in 2006, few were surprised that the real-world home of Borat, the idiot-innocent Kazak main character, decided to ban the film as a matter of pride. But now censors in Ukraine are giving his latest film, Brüno, the same no-show treatment, claiming morality - not hurt feelings - as the reason...

Author: /time Magazine | Title: No Sex, Please: Ukraine Bans Brüno | 7/15/2009 | See Source »

...Tensions have also been exacerbated by the economy's increasing dependence on Asian markets. The long economic boom came courtesy of Asian - read Chinese - demand for Australian commodities such as iron ore, coal and bauxite. In large measure, Australians understand the benefit of this regional trade. "The Australian people are enormously practical about the reality of China," says Rudd. "That hundreds of thousands of Australian jobs, directly or indirectly, depend on Chinese trade is something Australians...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

...Long term, the USOC would benefit much more from a Chicago win than a new network. And if all goes well, it could end up with both. The IOC still has a financial incentive to select Chicago: U.S. media outlets would offer the organization millions of dollars in fees to broadcast a domestic Olympics. But it's still bad politics to risk alienating IOC voters. The USOC has undergone a management shake-up since the Beijing Games: former CEO Jim Scheer was pushed out and replaced by Stephanie Streeter, a four-year board member, on an interim basis. Right...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

...When these specialty hospitals come in, they take out the better reimbursed cases, the easier ones with less complications, and they're able to benefit financially by skimming the cream," says Rick Pollack, executive vice president of the American Hospital Association...

Author: /time Magazine | Title: How Health-Care Reform Could Hurt Doctor-Owned Hospitals | 7/13/2009 | See Source »

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