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...Whether they come from Russia, India, Asia or America, wealthy foreigners head for just a clutch of the city's most prestigious addresses. The U.K.'s housing market is slowing, but so far sales of premier homes have been unaffected, realtors say. According to Knight Frank, demand for homes in neighborhoods such as Belgravia, where Russian billionaire Roman Abramovich lives, Knightsbridge, the home of Harrods, and Mayfair, where the black-Amex set get their suits made at Savile Row, pushed the prices of prime real estate up by almost 40% between the summer of 2006 and summer...

Author: /time Magazine | Title: Ritzy Business | 1/17/2008 | See Source »

...five-year plan is a luxury. Atmar can't find enough money for his most pressing needs. He got only $282 million this year, $216 million short of his bare-bones operating budget. Of the 40,000 teachers the Education Ministry said were necessary to meet the demand for schooling this year, the central government has been able to budget for only...

Author: /time Magazine | Title: Afghanistan's Girl Gap | 1/17/2008 | See Source »

...transmitted diseases, but they're also there for tactical reasons. Males or females who volunteer their babymaking services too freely may not be offering up very valuable genes. Those who seem more discerning are likelier to be holding a winning genetic hand--and are in a better position to demand one in return...

Author: /time Magazine | Title: The Science of Romance: Why We Love | 1/17/2008 | See Source »

...local governments and bearing such dreamy names as the Beijing Military and Civilian Matchmaking Service and the Tianjin Municipal Trade Union Matchmakers' Association. The imbalance of genders brought on by the single-child rule (many parents opted to keep only a male baby) has also led to a desperate demand for matchmakers among rural men, opening the door to unscrupulous brokers who con women into unions...

Author: /time Magazine | Title: We Just Clicked | 1/17/2008 | See Source »

Like many high-end European and American designers, Jacobs is cashing in on the growing demand for chic clothing for the stroller and grade-school sets. The concurrent trends of older moms and dads and an increase in dual-income families mean that many boomer parents are not only richer but also ready to spend lavishly on their little darlings. The same people who casually shell out $800 for a Bugaboo stroller don't flinch at a $300 Little Marc cashmere sweater. As a result, sales of infant and toddler clothing have soared. In 2006 they spiked to $33.3 billion...

Author: /time Magazine | Title: Downsizing Style | 1/17/2008 | See Source »

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