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Despite these strong fundamentals, Iceland has undoubtedly lost some steam - and importers feel it the worst. Úlfar Steindórsson, CEO of Toyota Iceland, says that the depreciated krona raised the price of imported cars by 25% in just a matter of weeks, bringing his booming sales to a...

Author: /time Magazine | Title: Cracks in the Ice | 5/29/2008 | See Source »

Blair's faith took on an extra dimension when he met and married Cherie Booth-like him, a young lawyer-after graduating. Blair's wife is a devout Catholic; not a posh Catholic, but a Liverpool-Irish, working-class, convent-educated girl with cousins who became priests. In her recent...

Author: /time Magazine | Title: Tony Blair's Leap of Faith | 5/28/2008 | See Source »

The Reichstag contrivance does not detract from the thousands of striking black-and-white pictures the Ukrainian-born Khaldei recorded on the front lines, a couple hundred of which are on show. They ranged from the defense of the Arctic city of Murmansk in 1941 to the Red Army's...

Author: /time Magazine | Title: Remembering a Red Flag Day | 5/23/2008 | See Source »

Very soon more conventional critics got hold of Frank's book. "Sick" and "joyless" were two of the milder terms they used. But in the 1960s, amid the general dismantling of all national certainties, The Americans was revisited and then very quickly understood as indispensable. For one thing, it brought...

Author: /time Magazine | Title: Two Reissued Photography Books Reconsidered | 5/15/2008 | See Source »

Analyst Shepherd is skeptical; he doubts there are enough consumers who want to play with 3D software to make the site a success. "It sounds very niche," he says. But even if only a small percentage of the countless millions of webizens now attracted to Web 2.0 are ready to...

Author: /time Magazine | Title: 3D Comes to Web 2.0 | 5/13/2008 | See Source »

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