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...Chinese government, however subtly, is clearly trying to convey the message that the stock market isn't a casino, it's a long-term way to build wealth. CCTV, the government-controlled television network, ran a long interview this week with a pleasant, gray-haired retiree named Guo Xiufeng. She says she now has $130,000 in savings thanks to the stock market. She started investing more than 10 years ago with $2,500, she says, "and every time the market went down a bit, I would just buy a little more." Everybody got that? When the market went down...

Author: /time Magazine | Title: Manic Market | 5/24/2007 | See Source »

...clock, an attempt to inject some oxygen into the tourist trade and nightlife (lawmakers also repealed a law barring dancing on tabletops). Two years ago, city officials stopped tinkering and got serious: over considerable public objection, gambling was legalized. The government subsequently struck deals with major gaming companies to build two casino/resort developments, each costing about $4 billion. When completed, they will be the twin suns around which a solar system of new developments and diversions are expected to revolve...

Author: /time Magazine | Title: Singapore Soars | 5/24/2007 | See Source »

...Fixing problems is difficult in a democracy, argue Indian officials. True, compared to Beijing, which can decide to build a road today and start on it tomorrow, Indian authorities have to consult and win over the people. Many politicians use democracy, however, not to ensure that development is better than China's but as an excuse for inefficiency, incompetence and corruption. Indians who go to China for the first time return awed by its incredible transformation, and are strangely quiet when you ask if they believe India could soon be its equal...

Author: /time Magazine | Title: India Without the Slogans | 5/24/2007 | See Source »

...wonder then that the exhibition's organizers aim, with the support of unesco (and, one presumes, violence permitting), to repatriate these treasures by 2016 to a museum they hope to build atop the ruins of the ancient Gazan port of Anthedon. Curator Marc-André Haldimann sees the project laying a foundation for a future of tolerance. "It reminds us that Gaza is not the deadlocked prison that it is today," he says, "but, as it was-the window of the world...

Author: /time Magazine | Title: The Glitter of Old Gaza | 5/24/2007 | See Source »

...reading about science isn't the same as incubating chick eggs and watching them hatch. And cutting out field trips to Civil War sites and museums to drill social studies vocabulary words is not the way to build a love of history. Hands-on activities are, for many kids, the best part of school, the part that keeps them engaged. The scope of education isn't supposed to be based on what's tested; it's the other way around, says P. David Pearson, dean of the University of California, Berkeley, graduate school of education. "Never send a test...

Author: /time Magazine | Title: How to Fix No Child Left Behind | 5/24/2007 | See Source »

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