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...fact that sushi is so commonplace - even if one of its principal condiments is not - is a miracle of modern commerce. In The Sushi Economy, Sasha Issenberg follows fish along a formidable logistics chain stretching from Canadian fishermen to Japanese auctioneers to Libyan tuna smugglers. He describes a patchwork economy in which traders bid thousands on a carcass, and minor variations in weather send ripples across continents. In Issenberg's view, the sushi trade symbolizes a "virtuous global commerce" - a system of exchange in which handshakes and individual innovations trump the faceless forces of multinational corporations. "Power is decentralized...

Author: /time Magazine | Title: Life in the Raw | 8/23/2007 | See Source »

...large, Teresa progressed from confessor to confessor the way some patients move through their psychoanalysts. Van Exem gave way to Périer, who gave way in 1959 to the Rev. (later Cardinal) Lawrence Picachy, who was succeeded by the Rev. Joseph Neuner in 1961. By the 1980s the chain included figures such as Bishop William Curlin of Charlotte, N.C. For these confessors, she developed a kind of shorthand of pain, referring almost casually to "my darkness" and to Jesus as "the Absent One." There was one respite. In October 1958, Pope Pius XII died, and requiem Masses were celebrated...

Author: /time Magazine | Title: Mother Teresa's Crisis of Faith | 8/23/2007 | See Source »

...which still dominates the world wine market - cork stoppers are atop 80% of wine bottles - disagrees. Amorim's De Jesus says that because so much of the cork industry?s revenue comes from stoppers, the whole production line would break down without the stopper business. And if the industry chain breaks down, so does forest management. Amorim was the first stopper company to become FSC-certified, and the company believes that the promotion of cork as a naturally sustainable product will turn consumers onto the fact that buying their bottle of wine for dinner could leave a positive environmental footprint...

Author: /time Magazine | Title: Putting a Cap on Wine Corks | 8/22/2007 | See Source »

...Suburbanites are most likely to visit websites for national chain restaurants such as Hard Rock Cafe, Macaroni Grill or P.F. Chang's China Bistro. Perhaps the commute home from work leaves less time to cook, making the convenience of eating out more popular. In contrast, rural Internet users seem more likely to be cooking in the home, with recipe-rich sites such as Food & Wine Magazine, Recipes.com and FoodTV website "Cooking with Paula Deen" dominating the list...

Author: /time Magazine | Title: Food on the Internet: Tastes Like Chicken | 8/17/2007 | See Source »

...core, the entire process is based on using borrowed money (home mortgages) as collateral to borrow more money (mortgage-backed securities) to borrow yet more money (CDOs), and hoping the payment chain doesn't break. Once home-mortgage defaults rise, the whole system can unravel...

Author: /time Magazine | Title: Ground Zero of the Real Estate Bust | 8/16/2007 | See Source »

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