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...really make sure money stays in the community is through creating a local currency. Christian Gelleri, a former Waldorf high school teacher in the Lake Chiem area in Germany, has launched a regional currency, the Chiemgauer, equivalent in value to the Euro. According to Gelleri, the Chiemgauer, accepted at more than 600 businesses in the region and with about $3,000,000 Euros worth in circulation, has three times the velocity of the Euro, circling through the economy an average of 18 times a year as opposed to 6. One reason for the fast turnaround is that the Chiemgauer...

Author: /time Magazine | Title: Buying Local: How It Boosts the Economy | 6/11/2009 | See Source »

...family. He suffered starvation and disease and was forced to attend public executions. "I attended some 15 executions during my time in Yodok," he wrote. Kang was imprisoned at the camp because his grandfather had been sentenced for suspicious behavior. "It's guilt by association," says Tim Peters, a Christian activist living in South Korea who has helped numerous North Korean defectors find safe havens in other countries...

Author: /time Magazine | Title: North Korea's Grim Prisons: What Awaits the U.S. Journalists? | 6/9/2009 | See Source »

...European elections are the first big test of public opinion before September's general election in Germany, and Chancellor Angela Merkel's Conservatives emerged as the clear winners. The ruling Christian Democratic Union (CDU) and its sister party in the state of Bavaria, the Christian Social Union (CSU), won about 38% of the vote. With Germany in the middle of a deep recession, the result seems to be the voters' way of telling Merkel that they trust her leadership and her handling of the economic crisis...

Author: /time Magazine | Title: European Elections: A Blow to Brown, Boost for Merkel | 6/8/2009 | See Source »

...turnout also helped extremist, single-issue parties and oddball candidates seize seats. In the Netherlands, the Freedom Party, headed by anti-Islam campaigner Geert Wilders, came second to the ruling Christian Democrats with 17%, pushing the Labour Party into third place. Anti-Gypsy extremists in Hungary and Slovakia won seats. In Austria, two far-right parties earned 18%, while Finland's anti-immigrant True Finns won 10% of the vote. And Britain's UKIP, who won 13 of the 72 British seats despite having no members in the 646-member House of Commons, will be joined by two European Parliament...

Author: /time Magazine | Title: Europe's Voters Reward the Right | 6/8/2009 | See Source »

...very end of every school year, on a big campus, it's like 10,000 evictions are happening at the same time," says Jeff Ferrell, a sociology professor at Texas Christian University and the author of Empire of Scrounge, a book on Dumpster diving. "What do you do with all that perfectly reusable stuff that gets tossed?" The answer, increasingly, is to start a collection program like TCU's Trash to Treasure...

Author: /time Magazine | Title: Dumpster Diving: Colleges Get Smart on Salvage | 6/7/2009 | See Source »

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