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...Peter Munk, 80, the Hungarian-born Canadian who heads the mining giant Barrick Gold, that potential makes Montenegro a prime candidate for development. Relaxing in shorts and bare feet on his chartered 162-ft. (49 m) yacht on the deep blue waters near Tivat, Munk says Monaco was also a relatively backward town before it transformed itself - and swaths of the French Riviera with it - into the playground it is today. Tivat, or Porto Montenegro as the marina area is being renamed, will have a similar effect, Munk declares: "The whole Adriatic is going to be lifted up by this...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...midnight, but Georgia's President Mikheil Saakashvili is just hitting his stride. In an interview in the fortress-like presidential residence on a hill in downtown Tbilisi, dressed in a blue suit and light blue silk tie, he fields questions in French and English, trades text messages with an aide, and holds forth on topics ranging from current and historic confrontations between his country and Moscow, to the number of Russian passports distributed last year in Crimea (177,000). He refers to European foreign ministers by first name, chats about John McCain and his wife, expected shortly on a humanitarian...

Author: /time Magazine | Title: Interview: Georgia's President Keeps Firing | 8/20/2008 | See Source »

...pastime, baseball, and its sister sport, softball, will be banished from the Olympic program after Beijing. But flag-waving Americans shouldn't be dismayed. For on Aug. 20, a new event will debut at the Olympics, a quintessential U.S endeavor that will make all the red-white-and-blue-blooded citizens proud. America, introduce yourself to BMX cycling. Or more simply, dudes on dirt bikes...

Author: /time Magazine | Title: Beijing Gives BMX a Ride | 8/19/2008 | See Source »

...press tour returned from the outpost that had been destroyed and overrun by attacking Georgian tanks on the first day, four local residents had slung the body into a light blue medical cloth and were trying to get it into a yellow coffin. Neighbors stood out in the street, most holding their clothes over their faces because of the smell. Two or three times on the ride back out of the city, that same stench could be smelled...

Author: /time Magazine | Title: Russian Army Denies Civilian Attacks | 8/15/2008 | See Source »

...older men in the group of would-be recruits sit in a row on a bench smoking cigarettes. Some carry plastic red-white-and-blue-striped rice bags. The few recruiters who agree to be interviewed tell similar stories. They accuse the American and Western press of lying about the events in Georgia. No one believes that the Russians have invaded Georgia and that Tbilisi and other cities have been bombed. Because the Russian press has not reported it, they say, it cannot be true. A rumor widely circulated is that black soldiers have been spotted fighting on the Georgian...

Author: /time Magazine | Title: Volunteering to Kill Georgians | 8/11/2008 | See Source »

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