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Electronics, far and away, was the lightning rod for bargain-hungry shoppers this year both in stores and online. Traffic at Best Buy was "materially bigger" and cash-register ring-ups exceeded last year's sales, says Barclays Capital senior research analyst Michael Lasser...

Author: /time Magazine | Title: Winners and Losers from Black Friday Weekend | 12/2/2009 | See Source »

...incentives are more tangible than cash. Conservationists are considering cash payments to farmers in the Brazilian state of Mato Grosso to stop them destroying the forest for agriculture. But with 120,000 households around Ulu Masen, even a multimillion-dollar sale of carbon credits might amount to only $100 to $200 a year per family, estimates Linkie. The money might be better pooled to build schools, bridges or other projects that would benefit the entire community. However it is distributed, a very clear message must be sent to the local communities, says Linkie: "You're getting this [money] because...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...today, Xi'an is experiencing a renaissance. The locals who frequent Zhu's store have cash - and they're spending it like never before. On a recent Wednesday in late October, hospital worker Hao Jie, 40, is gleeful after dropping $1,200 on a 52-inch LCD TV for her new apartment, the keys to which she received only days earlier. Nearby, a soon-to-be-married young couple, Zhang Guopeng and Luo Xi, sizes up washing machines using a measuring tape. The two engineers are also shopping to fill up a new apartment, their first home together...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...want to skip all that backbreaking plowing, er, clicking, or if you've run out of friends who faux-farm, you can buy farm cash and get what you want. These virtual goods are the products that social games are actually trying to hawk. People hand over real money for make-believe merchandise. It's like using greenbacks to buy Monopoly dollars--but if you want...

Author: /time Magazine | Title: Troubling Rise of Facebook's Top Game Company | 11/30/2009 | See Source »

...those who think that negotiations are worth trying and that so-called moderate Taliban can be coaxed to break ranks with their extremist leaders, there is a hopeful precedent. Starting in early 2007, tens of thousands of Iraqi insurgents were persuaded to lay down their weapons in exchange for cash and jobs, usually as part of local militias fighting their former al-Qaeda allies. Building on that example, General Stanley McChrystal, the U.S. commander of international forces in Afghanistan, wrote in his recent assessment of the Afghan war that NATO "must identify opportunities to reintegrate former mid- to low-level...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

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