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...aggressive. While the total optical market in Germany grew 3.2% in 2008, Fielmann's sales jumped 7%, according to the Central Association of German Opticians. Total net profit soared 39% to $163 million. Company officials attribute the results to the company's size. Fielmann sources frames in bulk, from both cheap Asian manufacturers and designer brands, keeping costs low. Indeed, Fielmann's expansive mood shows that farsightedness can be a virtue: you can envision the day when the recession will end, and be ready to cash...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...Africa by 2010, to help the continent work its way out of poverty by tackling dire problems in health and education. But with just a year to go, only $7 billion of the additional $21.5 billion has come through - with France and Italy accounting for the bulk of the shortfall, although that could rise to about $11 billion by the end of this year. The star of the donors is Britain, which is on track to become the first G-8 country to meet the target of spending 0.7% of its national income on aid. Still...

Author: /time Magazine | Title: Why Wealthy Nations Are Stiffing Africa | 6/12/2009 | See Source »

...plan doesn't call for narrowing major traffic arteries - a futile endeavor that Tyler likens to "unfrying an egg" - but it doesn't call for widening them either. Creating bike lanes and crosswalks will help make the area less inhospitable to nondrivers. But what happens if Tysons doesn't bulk up enough to wipe out the sprawl? That won't happen, says Sharon Bulova, chairwoman of the Fairfax County board of supervisors. Enough landowners have already detailed their visions and are simply waiting for the official go-ahead in October to start submitting rezoning applications. And if the economy slows...

Author: /time Magazine | Title: A (Radical) Way to Fix Suburban Sprawl | 6/11/2009 | See Source »

...Hamas controls, lies in ruins. The border crossings are still sealed by Israel, except for some humanitarian goods, despite entreaties by Hillary Clinton, and the Gazans are unable to rebuild. Mashaal is also enmeshed in his own local political struggle, against Fatah, the moderate Palestinian party, which receives the bulk of international donations for reconstruction and whose security forces are armed and trained by the U.S. Hamas violently expelled Fatah from Gaza after its victory there in the 2006 elections; armed clashes between the groups have erupted again in recent weeks. Before the Israelis negotiate with the Palestinians, the Palestinians...

Author: /time Magazine | Title: Why the U.S. Should Start Talking to Hamas | 6/11/2009 | See Source »

...year and Congress, recognizing that the administration had overstepped its bounds, repealed two laws that made it much easier for community lands to be sold. Congress promised to examine and vote on repealing other laws, primarily a new Forestry and Wildlife Law. That never happened and AIDESEP, representing the bulk of Peru's 500,000 indigenous people, resumed the jungle protest April...

Author: /time Magazine | Title: Peru's Deadly Battle Over Oil in the Amazon | 6/10/2009 | See Source »

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