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...right now, there are few signs of development easing beyond 2009. With a slew of additional skyscrapers planned for the capital, developers will be jostling for attention in an increasingly busy skyline. London's Sellar Property Group is planning to build the 1,017 ft (310-m) high London Bridge Tower by the end of 2011. Not far behind, Arab Investments, the London-based property investment company, plans to complete The Pinnacle, a 945 ft (288-m) build, a year later...

Author: /time Magazine | Title: A Renters' Market in London | 8/18/2008 | See Source »

...financial quarter has a rival on its own doorstep. Canary Wharf, the financial district that has grown out of abandoned docklands to the east of the City in recent years, is already home to Citigroup, HSBC and Bank of America. And on Aug. 1, JPMorgan ditched plans to build its European headquarters in the City in favor of a development across town in Canary Wharf. (Rivals Goldman Sachs and Merrill Lynch remain in the City, though...

Author: /time Magazine | Title: A Renters' Market in London | 8/18/2008 | See Source »

...should show a little stress. But the whole ordeal seems to just bounce off them, as if they each have bulletproof vests. Katerina's gold, and the $100,000 sponsor bonus it delivers, surely helps (though another $100,000 from Matt would have been nice). Their post-Olympic dream: build a log cabin, preferably near a lake in Minnesota, and raise some kids. They're quite the happy couple, but make no mistake - there's something missing. "It's like two plus two is not adding up to four," says Matt. "It's adding up to 3.99 or something...

Author: /time Magazine | Title: Coping with a Crap Shoot | 8/18/2008 | See Source »

...security and development must take a higher priority. Some take it as the price of doing business, saying that rich countries can't expect Afghanistan to meet Western standards of transparency. Indeed, U.S. Secretary of Defense Robert Gates has just endorsed a plan that would give $20 billion to build up Afghanistan's military and police forces. But what is the use of improving the police sector when the judicial system is unable to successfully prosecute criminals? A few countries are beginning to address this problem. Norway has just announced a $6 million contribution to Afghanistan's justice-sector reform...

Author: /time Magazine | Title: Afghanistan's Epidemic of Child Rape | 8/17/2008 | See Source »

...Despite the events in Georgia over the past week, it was business as usual between the U.S. and Russia on the Western front. The Bush Administration on Thursday signed a deal with Poland to build a missile-interceptor base there, despite bitter opposition from Moscow, which sees the plan as aimed at blunting its own nuclear deterrent - a charge the Pentagon dismisses. But in light of Russia's heavy-handed action in Georgia and the missed signals and conflicting reports surrounding it, this may not be the most auspicious moment to further enrage the neighborhood bully by deploying a dubious...

Author: /time Magazine | Title: Gates Dials Down Russia Rhetoric | 8/14/2008 | See Source »

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