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...active underground market for homemade alcohol (known as samogon), Russians aren't about to give up their vodka so easily. The 2010 price hikes are just the latest battle in Russia's centuries-long war against the demon drink. (Read "Russia's Artisanal Moonshine Boom...

Author: /time Magazine | Title: Russians and Vodka | 1/5/2010 | See Source »

...stand-out return in a single year. Well, okay, maybe not "easy," but with just 12 months as a scorecard, there's a lot in the world that can put the wind at a company's back. In 2007, shipping companies had a fantastic year, thanks to a boom in commodities. In 2008, deep-discount retailers saw a major rally, in no small part because consumers were spooked by the financial crisis. (See the top stocks of the decade...

Author: /time Magazine | Title: Top Stocks of the Decade | 12/22/2009 | See Source »

...know that you think that makes me insane. After all, I run one of the most impoverished countries in the world. Here, a boom year is any one in which we manage to avoid a famine that kills thousands. But you have to understand, what I value most is control. That's what my father, our country's heroic founder, the Great Leader Kim il-Sung, desired; it's what I desire; and I've pretty much bet the family jewels that my 26-year-old son, Kim Jong-Un, will want the same thing when he takes over...

Author: /time Magazine | Title: Dear President Obama: What North Korea Might Say | 12/22/2009 | See Source »

...porch, feeling completely impotent," Cockrel recalled one recent afternoon. She defied her parents and left their home to help move many of the injured to hospitals. Within months, many whites fled Detroit - accelerating an exodus to the suburbs that had begun with the post-World War II auto-industry boom. But Cockrel's family stayed. (See the top 10 news stories...

Author: /time Magazine | Title: Detroit's Last White City Council Member | 12/18/2009 | See Source »

...produce a unit of whatever it is that the company makes - have been flat or falling for all of 2009. Between the second and third quarters, labor costs dropped at an annual rate of 2.5%. "If you just look at the cost side, this should be a labor boom," says Mortensen...

Author: /time Magazine | Title: Can the Federal Government Really Create Jobs? | 12/8/2009 | See Source »

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