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...slight spin on the name of a popular folk song from the Great Depression, "How can a rich man stand such times and live?" He could buy a smaller car, for starters, such as the about-to-be-released Rolls-Royce Ghost, the first lower-cost limousine to be produced by the world's luxury automaker in more than a decade...

Author: /time Magazine | Title: Rolls-Royce Unveils a Recession-Ready Limousine | 7/27/2009 | See Source »

...hard to feel sorry for a guy who walks away from a job with a check for €50 million ($71 million). So while a few Germans see Wendelin Wiedeking, departing CEO of German sports car maker Porsche, as the victim of a public lynching by media, few feel bad for him. Wiedeking had a 17-year run at Porsche, the Stuttgart-based sports car icon which has just failed in its bid to take over motoring giant Volkswagen and will now be merged into the VW group. He took the job when Porsche was on the skids and transformed...

Author: /time Magazine | Title: Is Porsche's Exiting Boss A Symbol of Capitalist Excess? | 7/25/2009 | See Source »

...Washington there are bailouts to be had for banks and car companies, but what about Portland's Oregon Ballet Theatre? OBT's 20th anniversary season is around the corner, but its budget has dropped 28%. It's hard to celebrate in style when faced with a "very serious cash crunch," says executive director Jon Ulsh. And it's forcing arts groups to be ever more creative about where and how they look for support...

Author: /time Magazine | Title: Arts Groups in Tough Times Think Locally | 7/24/2009 | See Source »

Berlin's creaking urban rail network is just another in a series of problems facing the city. Over the past year, there has been a spate of car burnings in the capital, teachers have written public letters to the authorities complaining about the poor standards at city schools, and youth violence has been on the rise. And the city council is struggling for money after running up new debts this year to the tune of $1.3 billion, bringing its debt total to $85 billion...

Author: /time Magazine | Title: Train Chaos Brings Berlin to a Standstill | 7/24/2009 | See Source »

...deluxe Platinum cabins. There are Gold cabins for about $1,600, and Red Service twin share bunks - the cheapest option - for $500. The majority of the Ghan's passengers are Australians undertaking an almost ritualistic pilgrimage through their colossal backyard, and the local accent predominates in the elegant dining car, where kangaroo steaks and fine Australian wines are served. But it's not all sitting, drinking and gazing through a window: the Ghan stops twice for half-day tours like exploring sacred Aboriginal sites around Alice Springs or floating down the deep, rocky Katherine Gorge. Keep...

Author: /time Magazine | Title: Scenes of Martian Redness in Australia | 7/23/2009 | See Source »

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