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That's true. While the cost of housing can be an obsession in other cities, Berlin's plentiful supply of inexpensive pads is a key factor in its appeal. A big overhang of cheap apartments and abandoned factories and warehouses in the formerly communist eastern half has depressed prices throughout the city. Studio space is to be had for next to nothing. Even in Mitte, the center of Berlin's new Szene, newly renovated apartments rent for less than one quarter of what you'd pay in London. That's a big draw. But Berlin isn't just cheap. Some...
...leafy suburbs and the center of commercial life moved west. Now the city's focal point has shifted back east again, but it's an evolving process. There are still large areas of the eastern part of town that are filled with hideous communist-era concrete blocks, or just big holes waiting to be filled...
What you can’t tell from the campaigning: Hayward is a big fan of hip hop artist J Dilla, jazz musician John Coltrane, and composer George Gershwin. He has more than 50,000 songs in his music collection. When he’s not adding tunes to his colossal music library, Hayward serves as an active member in both the Institute of Politics and the Black Student Association. Within the UC, he is currently elected vice chair of Educational Policy, vice chair of House Life Issues, and a member of the 2009 Budget Cuts Task Force...
...spenders, the reform of the entire world economic system could suffer. "I don't see any evidence" that China's economy is rebalancing, MIT's Huang says. "Its always difficult to get consumption to grow in a limited period of time." Greater consumer spending in China could have a big impact as well on the world economy. Cornell's Prasad figures that if China can increase growth of private consumption to 20% a year (much higher than the trend of nominal GDP growth of about 15%), global GDP growth would get a meaningful 0.25% boost. (See TIME's China covers...
...their champ. The city had been abuzz with Pacquiao's presence the week before the fight. Pacman, as he is called by his fans, is a crossover hit. In the world's capital of gambling, almost everyone, from cab drivers to bartenders to street people, was talking about the big fight - and why Pacquiao was going to take it. "I know I'm Puerto Rican," said a woman on the plane over from New York, "but I love the Pacman." The rowdy rivalry between the two island peoples (appropriately abbreviated P.R. vs. R.P., Puerto Rico vs. the Republic...