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...today's teenagers are indeed spending more responsibly, how long can this attitude last? While retail analysts repeatedly claim that adults will never again consume like they did in prior years, they don't make the same claim about kids. Klinefelter says there's plenty of pent-up demand in the teen sector. Yes, teens aren't spending because of the recession, but that's also because retailers have failed to create a hot new trend. Denim has been the default teen look for the past few years, and nothing has knocked it off its perch. "Once the dominant...

Author: /time Magazine | Title: How to Reach Teens in a Recession? Ask Aéropostale | 6/21/2009 | See Source »

Formula One racing is a bit like evolution governed by an appeals committee: winning races has long relied on engineering innovations that give a race car that extra microsecond advantage, while the teams left in the dust cry foul and demand that the sport's governing body, the Federation Internationale de l'Automobile (FIA), rule those innovations out. FIA supremo Max Mosley had hoped to tamp down what he calls the sport's "financial arms race" by imposing a $66 million annual spending cap on teams, but instead he appears to have provoked a walkout that could see some...

Author: /time Magazine | Title: Are the Wheels Coming Off of Formula One? | 6/20/2009 | See Source »

...heard some in the media compare the events in Iran with the "Tehran spring" of 1999, when hundreds of thousands of young Iranians, buoyed by the reformist policies of then President Khatami, poured onto the streets to demand greater freedoms, only to be brutally beaten back by the country's security forces. Others point to 1989 and the Tiananmen Square massacre in Beijing for a suitable historical analogy for the antigovernment demonstrations that have rocked Iran. Yet for me and millions of my fellow compatriots - both inside and outside Iran - it is the memory of 1979 that most keenly informs...

Author: /time Magazine | Title: Reza Aslan: The Spirit of '79 | 6/19/2009 | See Source »

...many alarming personal accounts included in its 2009 Trafficking in Persons (TIP) report. According to the State Department, at least 12.3 million adults and children worldwide are subjected to forced labor, sexual servitude and stolen organs, with the global financial crisis heightening the problem through the increased demand for cheap labor, services - and even body parts. (See pictures of crime in Middle America...

Author: /time Magazine | Title: Human Trafficking Rises in Recession | 6/18/2009 | See Source »

...Guardian Council to investigate claims of electoral fraud. If the combination of escalating street demonstrations and the politicking of Mousavi's backers inside the regime's councils prompts Khamenei to conclude that an Ahmadinejad victory is untenable, he could press the Guardian Council to heed the opposition's demand for a new vote - or, more likely, "adjust" the result so that no candidate has a clear majority, forcing a runoff election between Ahmadinejad and Mousavi. Such a course would be a bitter pill for the Supreme Leader, dealing a body blow to his efforts to install Ahmadinejad and mocking...

Author: /time Magazine | Title: Iran: Four Ways the Crisis May Resolve | 6/18/2009 | See Source »

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