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...early as the 19th century, shoppers have viewed Thanksgiving as the traditional start to the holiday shopping season, an occasion marked by celebrations and sales. Department stores in particular locked onto this marketing notion, hosting parades to launch the start of the first wave of Christmas advertisements, chief among them, the Macy's Thanksgiving Day Parade, running in New York City since 1924. The holiday spree became so important to retailers that during the Great Depression, they appealed to President Franklin D. Roosevelt in 1939 to move Thanksgiving up in order to stretch out the holiday shopping season. Roosevelt obliged...

Author: /time Magazine | Title: Black Friday | 11/27/2009 | See Source »

...failure of Zardari's efforts to secure parliamentary support for maintaining the amnesty leaves him, along with more than 8,000 other politicians, bureaucrats and diplomats, at the mercy of Chief Justice Iftikhar Chaudhry. Zardari denies any wrongdoing and maintains that the cases against him are all politically motivated. The timing could not be worse for Zardari. His relationship with the powerful military establishment is under strain; a hostile media routinely advances fresh allegations of corruption; and growing anti-Americanism, fueled by conspiracy theories on Washington's intentions in the region, has left him portrayed as a stooge. His political...

Author: /time Magazine | Title: Corruption Charges Loom for Pakistan's Pro-U.S. President | 11/27/2009 | See Source »

...cases will be something of a legal and political minefield, because, says Ispahani, they were prepared by Musharraf's regime with political intent. And while Zardari's ruling Pakistan People's Party (PPP) publicly expresses confidence in the Supreme Court, some of its members privately fear that Chief Justice Chaudhry, whose sacking by Musharraf Zardari had refused to reverse until forced to by a nationwide protest movement, may not be in a forgiving mood. Opposition figures, however, warn that accused officials could wield undue influence over the prosecution, which is controlled by the government. (Read: "Why Pakistan Matters...

Author: /time Magazine | Title: Corruption Charges Loom for Pakistan's Pro-U.S. President | 11/27/2009 | See Source »

...transgender prostitutes. In 2005, Lapo Elkann, the grandson of the former head of the Fiat auto dynasty Gianni Agnelli, was rushed to the hospital when he overdosed on cocaine at the Turin apartment of a transsexual prostitute. (He survived.) Two years later, photographs surfaced of Silvio Sircana, chief spokesman for then-Prime Minister Romano Prodi, having a conversation with what appeared to be a transvestite prostitute on the outskirts of Rome. Sircana insisted he was not soliciting the prostitute...

Author: /time Magazine | Title: In Italy, A Sex Scandal to Rival Berlusconi's | 11/26/2009 | See Source »

...plate, with raging violent crime, unemployment of up to 40%, the world's largest HIV/AIDS population, a recession and the 2010 soccer World Cup, his first few months in office saw a wave of strikes and violent protests against poverty and low wages. Zuma, 67, spoke to Africa bureau chief Alex Perry at his official residence, Mahlamba-Ndlopfu, in Pretoria in August...

Author: /time Magazine | Title: Jacob Zuma: 'We Have to do Things Differently' | 11/26/2009 | See Source »

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