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...countries also know their societies have to eventually change too, says economist Sfakianakis. Oil generates wealth, but the oil industry doesn't generate many jobs. Even in rich Saudi Arabia, unemployment is officially 11.6% - and that's among men only. Some 65% of the population in the broader Middle East is younger than 30. For the region's governments to create jobs for all those young people, they will have to continue opening up to the private sector, foreign investment, and perhaps edge toward democracy. "The attraction of Dubai to the other Middle Eastern countries was a state model...

Author: /time Magazine | Title: The Lessons of Dubai | 2/22/2010 | See Source »

...monster snowstorms blanketed the northeastern U.S. in a single week, temporarily shutting down the federal government (at a cost of $100 million per day) and closing schools up and down the East Coast. Airlines canceled thousands of flights, while thousands of homes in Washington--where winds reached up to 40 m.p.h. (55 km/h)--were left without power. At least 750 D.C. workers were dispatched to clear accumulations that topped 3 ft. (1 m) in some areas; some reported breakdowns of their cleanup equipment, which was unaccustomed to such strenuous...

Author: /time Magazine | Title: The World | 2/22/2010 | See Source »

...nuclear Iran would soon be followed by a new regional dynamic strikingly like that of cold-war Europe ... Iran may think its enrichment plans will put fear into the hearts of Americans. In fact, it should give us hopes of a renaissance of American influence in the Middle East...

Author: /time Magazine | Title: Verbatim | 2/22/2010 | See Source »

...into: That everybody should have a shot. That sometimes being real is better than being polite. That no matter where you started out, you can hit it big, get lucky and reinvent yourself. In her own way, Jwoww is as American a character as the nobody Jay Gatsby heading east and changing his name. (See TIME's 2000 cover about reality...

Author: /time Magazine | Title: Reality TV at 10: How It's Changed Television — and Us | 2/22/2010 | See Source »

...profiles that white daters living in or near big U.S. cities placed on Yahoo! Personals, which, much like Match, lists 10 racial and ethnic groups users can select as preferred dates. Among the women, 73% stated a preference. Of these, 64% selected whites only, while fewer than 10% included East Indians, Middle Easterners, Asians or blacks. (See a nerdy Valentine's Day guide on Techland.com...

Author: /time Magazine | Title: Seeking My Race-Based Valentine Online | 2/22/2010 | See Source »

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