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...That was made clear on Nov. 25 when the city-state of Dubai shocked the global investment community by asking creditors of its main corporate arm, ports-and-property conglomerate Dubai World, for a six-month payment standstill on its almost $60 billion of liabilities. The surprise hit stock markets in Asia and the U.S., while sending investors scrambling for safe havens like the U.S. dollar. Experts have since engaged in a rabid round of speculation over what the Dubai debt crisis might mean for the world economy. Some see the problem as little more than a big real estate...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

...entire nation that has given the automobile far too much right of way, the TFA report, titled "Dangerous by Design," makes it clear that Florida is a cautionary tale. It's especially relevant during the current recession, when the U.S. is also looking to alternative transportation projects like passenger rail to help jump-start the economy. "We're not saying paralyze traffic or penalize drivers," says TFA spokesman David Goldberg. "But we have to restore some balance in this country and fix this deadly situation, especially for the health and safety of our kids and senior citizens...

Author: /time Magazine | Title: Florida's Deadly Hit-and-Run Car Culture | 11/29/2009 | See Source »

...week, Houben's case has raised numerous questions. How common are such diagnostic mistakes? How can they be prevented? Is Houben's communication method really accurate? In the still-evolving field of coma studies, where scientists probe the twilight at the cusp of consciousness, it seems there are few clear answers. (See the year in health from...

Author: /time Magazine | Title: Awaking from a Coma: What Did the Doctors Miss? | 11/28/2009 | See Source »

...Congo experts, erases any doubt that the multiple rebel groups operating in eastern Congo, led by the Democratic Forces for the Liberation of Rwanda (FDLR), have a vast, sophisticated network of political and financial supporters around the world. The confidential report, which was obtained by TIME, also makes clear that the international community and the 20,000-strong U.N. peacekeeping operation in eastern Congo have been powerless to cut off the rebels' prodigious sources of funding...

Author: /time Magazine | Title: U.N. Report: From Bad to Worse in War-Torn Congo | 11/27/2009 | See Source »

...most striking things about the U.N. report is what's missing. There is no discussion of the rebels' ideology, their goals, their prescription for a better future in Congo. What seems to be most clear is the extent to which the Congo insurgency has become a battle for resources, such as gold, timber and cassiterite, the chief component of tin. Congo estimates that about 40 tons of gold - $1.2 billion worth - is smuggled out of the country each year. Much of it goes through Uganda or Burundi and ends up being sold in the United Arab Emirates, according...

Author: /time Magazine | Title: U.N. Report: From Bad to Worse in War-Torn Congo | 11/27/2009 | See Source »

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