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...coincided with a period of relative stability in the heretofore bloody and violent war in Iraq, which we opposed from the start. But this calm was not to last.On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection. This sudden collapse marked the start of a financial chain reaction that reached across the oceans, bringing down parliamentary governments in Iceland and Latvia, and forcing the Hungarian and Ukrainian governments to appear hat-in-hand before the International Monetary Fund. We also watched—with some concern—as growth forecasts in several important emerging markets, like...

Author: By The Crimson Staff | Title: Challenges and Opportunities | 6/2/2009 | See Source »

...computer counseling has its detractors, particularly when it fails to get at the root of patients' sleep issues. "There is only so far you can go with it," notes Dr. S.K. Mostafavi, who runs the Advanced Sleep Medicine Services chain of sleep clinics in Southern California and has served as a sleep "guru" for the popular weight-loss reality show The Biggest Loser. Online therapy can be helpful as an educational tool, says Mostafavi, but he cautions, "You don't have the benefit of talking to a professional and finding out what is causing the insomnia." (Insomnia...

Author: /time Magazine | Title: Study: Web Therapy Can Help Ease Insomnia | 6/1/2009 | See Source »

...Israel started building the barrier--part concrete, part chain-link fence--to prevent suicide bombers crossing over from the West Bank. When it is finished, it will be more than 400 miles long, zigzagging deep into Palestinian territory. But for graffiti artists, all that bare concrete is too great a temptation to resist. Just as Yosemite's El Capitan beckons the bravest of rock climbers, Israel's wall has become the ultimate challenge for members of the global street-art subculture. Banksy, the British guerrilla artist, has already sprayed the wall with a few of his ironic creations (my favorite...

Author: /time Magazine | Title: Postcard from Ramallah | 6/1/2009 | See Source »

...Lunch has been around for years, but Eric Chu, marketing director at Neway, a leading Hong Kong karaoke chain, says his company began to promote it aggressively in 2001 in hopes of drumming up business during off-peak hours. Today, his outlets offer sushi buffets, Internet access and PlayStation consoles. Many are fully booked at lunch. And the recession hasn't hurt business: Neway lowered its prices 10% to 15% last November to lure penny-pinching customers and saw a few more patrons trickle in for the bargain...

Author: /time Magazine | Title: Hong Kong Workers Swoon over Lunchtime Karaoke | 5/29/2009 | See Source »

...brings new arrivals to the camps dotted among the vast stretches of land belonging to the Tarakais, where the family grows sugarcane, wheat, corn and very lucrative quantities of tobacco. The family also operates power projects and recently acquired the Pakistan franchise for Gloria Jean's, a café chain. It owns a tire factory in Swat's main town of Mingora, but like much else in the valley, it was seized by the Taliban. In recent years, Liaqat Tarakai has slowly pushed the family into the political arena. "We have no need of government help," he proudly declares...

Author: /time Magazine | Title: Fleeing the Taliban, Pakistani Refugees in Limbo | 5/27/2009 | See Source »

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