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Famously without the Hamm twins, Paul and Morgan, both of whom pulled out of the Beijing Games due to nagging injuries that prevented them from performing at their peak (Paul is the defending Olympic all-around champion, and Morgan is a 2004 veteran), working as a cohesive unit was the...

Author: /time Magazine | Title: The US Gymnasts: Battling for Bronze | 8/12/2008 | See Source »

On Aug. 1, the government moved to have the pazo officially declared a "property of cultural interest," a category that carries protective status. Carmen, Leticia and the rest of Franco's descendants have a month to file an appeal, but the government is confident that it will prevail by the...

Author: /time Magazine | Title: The Fight over Franco's Palace | 8/12/2008 | See Source »

PHNOM PENH, Cambodia — Maddox Jolie-Pitt and landmines. That was pretty much the extent of my knowledge about this exotic Southeast Asian country before I arrived. Now, after living here, working in the microfinance industry, and traveling extensively throughout the provinces, I feel a deep connection with...

Author: By Charles A. Lacalle | Title: Finance in the Third World | 8/8/2008 | See Source »

Currently in capitalist economies, a new organization must be either a not-for-profit, with a particular mission or purpose, or a for-profit organization, in which the directors' first responsibility is to the financial interests of shareholders. I would suggest a third way: for-profit companies that both pursue...

Author: /time Magazine | Title: Inbox | 8/7/2008 | See Source »

Following four young women's dramas, shifting alliances and adventures in the L.A. glamour biz, The Hills (Season 4 starts Aug. 18; Seasons 1 through 3 are out on DVD) comes from a proud heritage of California teen soaps. We met the protagonist, Lauren Conrad, on MTV's high school...

Author: /time Magazine | Title: Don't Hate It Because It's Beautiful | 8/7/2008 | See Source »

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