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Spending Cuts Then came Spain's property crash and the financial turmoil in the U.S., which tipped the world into recession. On a recent Friday, González's studio was empty. There is at least one boarded-up storefront on every block of the street where it is located. Cafés, children's boutiques, legal offices, furniture stores, language schools - the recession has closed them all. "I'm getting by on piercings," says González with a shrug. "They're a lot cheaper, so the kids can still get enough money to pay for them...

Author: /time Magazine | Title: The Broken Hopes of a Spanish Generation | 7/20/2009 | See Source »

...toddled about in his sporty Zenn, a low-speed neighborhood electric vehicle, or NEV, for next to nothing. Though NEVs can't legally go over 25 m.p.h. in a 35 m.p.h. zone, newer high-speed sedans, like the ones Nissan and Tesla will be launching, are highway-approved, crash-tested and able to hit 80 m.p.h. in seconds flat. (See the top 10 everything...

Author: /time Magazine | Title: Utilities Scramble to Meet Power Needs of Electric Cars | 7/16/2009 | See Source »

...more than the law. He went through some of Sotomayor's most tragic cases to underline instances where she applied the rule of law even when the decision went against those who had clearly suffered. "You heard the case of families of the 213 victims of the tragic TWA crash," Schumer said. "The relatives of the victims sued manufacturers of the airplane, which spontaneously combusted in midair, in order to get some modicum of relief, though, of course, nothing a court could do would make up for the loss of the loved ones. Did you have sympathy for those families...

Author: /time Magazine | Title: Sotomayor Keeps Her Cool on the Senate Hot Seat | 7/15/2009 | See Source »

...didn't feel a thing.' KASSIM BAKARI, on his 14-year-old daughter Bahia, the only passenger to survive the crash of a Yemeni airliner in the Indian Ocean; 152 others are presumed dead...

Author: /time Magazine | Title: Verbatim | 7/13/2009 | See Source »

...world. She's worked as an economist with the National Bureau of Economic Research since 1941 and now serves as an adjunct professor at the Graduate Center of the City University of New York. She recently spoke with TIME contributing editor Janet Morrissey. (See pictures of the stock-market crash...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

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