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...slope inside a shopping mall, luxury skyscrapers, condos on artificial islands shaped like a giant palm tree. "It was crazy," says Khan, 25, now a marketing executive for Clifton, a real estate agency in Dubai. "Projects would sell out a couple hours after opening." He used to collect checks from clients and wait in line overnight at the developers' offices like a teenager looking for rock concert tickets...

Author: /time Magazine | Title: The Slump Hits the Gulf: No More Palm Islands? | 9/17/2008 | See Source »

...since January - many of Mumbai's wealthy financiers are beginning to spend less in the city's galleries and luxury boutiques. "I'm extremely worried," says Jai Bhandarkar, owner of an art gallery in Colaba, one of Mumbai's toniest neighborhoods. "The spending power of the people who collect art is going to be affected. The art market has already gone down so much...

Author: /time Magazine | Title: Wall Street Meltdown: Global Fallout | 9/17/2008 | See Source »

...arrogance." Others were weirdly aphoristic: "Greed and ego it was"; "Learn to respect the dollar." Even amid the turmoil, some even mustered a bit of a gallows humor: "Hakuna Matata (It Means No Worries)." Raymond - who began work on the painting about 10 days ago - said he expected to collect some 300 signatures, and hoped to auction the final work on his website for more than...

Author: /time Magazine | Title: For Lehman Staffers, a Long Walk Home | 9/15/2008 | See Source »

...soft-drink bottles were found guilty of conspiracy to commit murder, but the jury failed to reach verdicts on four of the men (one was acquitted of all charges)--and even on whether the cell had actually targeted aircraft. Prosecutors said the suspects' early arrests made it difficult to collect enough evidence to convince the jury of an imminent threat. Meanwhile, restrictions on carrying liquids aboard planes--measures sparked by the 2006 plot--remain in place at many airports around the world...

Author: /time Magazine | Title: The World | 9/11/2008 | See Source »

...made from the fruit of baobab trees. "The baobab trees are prevalent in this area and they are the main source of food now," explains Samuel Tsungirai Muzerengwa, a local senator for the opposition Movement for Democratic Change (MDC). "People can't afford the staple maize meal anymore. Some collect wild roots for consumption. [Some are] developing outlandish diseases from indiscriminately eating wild fruits...

Author: /time Magazine | Title: Starvation Hovers over Zimbabwe | 9/9/2008 | See Source »

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