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...less obvious places, and Charles Baird, chairman and founder of the private equity firm North Castle Partners in Greenwich, Conn., believes he has tapped into something big. Baird has invested $800 million in what he calls "healthy living," an industry built around traits that will distinguish the next crop of retirees from earlier generations that just wanted to play a little golf...

Author: /time Magazine | Title: How to Surf the Age Wave | 8/12/2002 | See Source »

...month but already they are a meter high; the first harvest could take place in just five years. Eyes shaded by his black cowboy hat, the Singaporean native gazes down the rows of juvenile trees, each worth thousands of dollars at maturity, with a satisfied grin. The experimental lumber crop has survived the harsh North Korean winter and is flourishing in the loamy soil. "The paulownia loves this," he says. Glancing at another leafy plant, a new hybrid, he confides, "We're going to let the Dear Leader name...

Author: /time Magazine | Title: Light from the North? | 8/11/2002 | See Source »

...facing front runner Gonzalo Sanchez, a former President. More than that, Evo-speak--"The drug war is just a U.S. excuse to control our countries"--resonates beyond Bolivia's borders. Next door in Peru, irate coca farmers have successfully pressured the government to suspend eradication. In Colombia, the coca crop has grown fivefold in five years, to more than 400,000 acres, despite almost $1 billion in U.S. eradication funds. Authorities now say they will spray only "industrial-size" coca fields and not those of smaller farmers, who are, of course, the voters. If Morales can thwart...

Author: /time Magazine | Title: Taking the Side of The Coca Farmer | 8/5/2002 | See Source »

...rightfully insists that it works hard to provide cocaleros with alternative crops like bananas and coffee. But the depressed markets for those goods mean farmers earn sometimes as little as one-tenth of what they would with coca, which produces three to four harvests a year. Of course, coca farming is not--as Morales and the growers would have it--an entirely innocuous affair. Even though the cocaleros don't turn coca leaves into cocaine--that's done by the drug cartels--they know that the bulk of the crop goes not toward its traditional uses as an anesthetic...

Author: /time Magazine | Title: Taking the Side of The Coca Farmer | 8/5/2002 | See Source »

...News reports may scare consumers off dubious diet drugs for a while, and outlawed brands will disappear from the market. But other potentially dangerous products seem sure to crop up. Already, ephedrine?an amphetamine-like stimulant cited in 80 deaths in the U.S.?is reportedly gaining popularity as a diet drug in the region. "Humans have short memories," sighs Adachi, the Japanese doctor who sounded the alarm over pills containing N-nitroso fenfluramine. "So long as people insist on being thin, dangerous diet drugs will persist." In other words: as long as Asians are dying to be thin, there...

Author: /time Magazine | Title: Asia's Killer Diet Pills | 8/5/2002 | See Source »

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