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Dates: during 2000-2009
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...recession, we still anticipate a prolonged period of declining growth for REITs and commercial real estate," said Goldman Sachs analyst Jonathan Habermann in an October research note. Habermann doesn't expect to see a significant improvement in real estate rents, occupancies and property values until late 2012 at the earliest. Joseph Betlej, vice president of Advantus Capital Management and portfolio manager of the Ivy Real Estate Securities fund, believes it could be late 2012 or even 2013 before office REIT fundamentals bounce back...

Author: /time Magazine | Title: REITs and Commercial Real Estate's Victims | 10/28/2009 | See Source »

...Saakashvili's earliest political promises in 2004 was to get Abkhazia and South Ossetia back in Georgia's fold. Both territories had turned to Russia for protection after a bloody civil war in the early 1990s, however, and the Kremlin had little incentive to broker a peace. Instead, it began to use unrest there to undermine Saakashvili's courtship of NATO, which he wanted Georgia to join. Saakashvili told me that from the outset, any talk he had with then Russian President Vladimir Putin on the breakaway territories was met with warnings about his relationship to the West: "The first...

Author: /time Magazine | Title: The World According to Misha: Georgia's Saakashvili | 10/26/2009 | See Source »

Sure, sure, Boston is no Moscow, but what do ya say, Harvard? Could this be the perfect remedy for the seemingly campus-wide epidemic that is our love-hate relationship with snow? With Cambridge getting its first dousing of the white stuff on Sunday–the third earliest date of measurable accumulation according to National Weather Service (October 10, 1979 takes the cake)–we asked students whether they welcomed the sign of an early winter with delight or vexation. Find out what they had to say after the jump...

Author: By Janie M. Tankard | Title: Russia: Don't Let It Snow | 10/20/2009 | See Source »

...meeting has been in the works for months, almost since the earliest days of the Obama Administration, and postponed at least once. It is just the most recent display of bipartisan goodwill between current and past holders of the highest office in the land. These alliances often span vast differences in both ideology and age: Richard Nixon paid a secret visit to Bill Clinton, 33 years his junior, to discuss Russia policy in 1993; Herbert Hoover met with John F. Kennedy, 38 years his junior, before he was inaugurated in 1960. Bush, at 85, is 37 years older than Obama...

Author: /time Magazine | Title: When Obama Meets Bush 41: A Bipartisan Boost? | 10/15/2009 | See Source »

...plight of the Israelites resonated with the earliest American settlers. For centuries, the Catholic Church had banned the direct reading of Scripture. But the Protestant Reformation, combined with the printing press, brought vernacular Bibles to everyday readers. What Protestants discovered was a narrative that reminded them of their sense of subjugation by the church and appealed to their dreams of a Utopian New World. The Pilgrims stressed this aspect of Moses. When the band of Protestant breakaways left England in 1620, they described themselves as the chosen people fleeing their pharaoh, King James. On the Atlantic, they proclaimed their journey...

Author: /time Magazine | Title: How Moses Shaped America | 10/12/2009 | See Source »

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