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Even as one way of life begins to fade, another springs into existence. For so long, the Mekong Delta, despite its riverine abundance, has been scarred by a grueling cycle of war and poverty. Today, the area is welcoming Chinese investors, who have flocked to newly constructed industrial zones where...

Author: /time Magazine | Title: A Bend in The River | 8/30/2007 | See Source »

Then there's the economy, one of the poorest in the world. After 30 years of self-imposed isolation and ruinous quasi-socialist policies, the junta reversed course in the early 1990s, privatizing businesses, welcoming foreign trade and investment, and seeking international aid. But the West began to impose debilitating...

Author: /time Magazine | Title: From Bad to Worse | 8/30/2007 | See Source »

Since there was no electricity or refrigerators to keep perishables fresh, Maponya opened a distribution system with 100 bicycle delivery boys, who hauled milk to the families of Soweto exactly when they needed it. The dairy grew to a general provisions shop and, despite police raids and a constant battle...

Author: /time Magazine | Title: Retail Renegade: Richard Maponya | 8/29/2007 | See Source »

Even if Hill is correct, Giuliani - like all Presidents - would need to be surrounded with the most qualified and competent advisers, particularly when it comes to overseeing homeland security. One of the most damning criticisms of Giuliani, however, has been his record of flawed judgment on personnel. In 2004, Giuliani...

Author: /time Magazine | Title: Behind Giuliani's Tough Talk | 8/22/2007 | See Source »

Banuestra is one of the new breed of financial-service providers--which now include Wal-Mart--that aim to marry the convenience of a check casher with the relative security of a bank. By offering lower basic check-cashing fees along with debit cards and reasonably priced consumer loans, these...

Author: /time Magazine | Title: Profiting from the Unbanked | 8/16/2007 | See Source »

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