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...some ways, the city now is the way it used to be. Before World War II, what became East Berlin was the smart center of town. Unter den Linden, a treelined boulevard that was Germany's answer to Paris' Champs Elysées, led eastwards from the Brandenburg Gate to an island on the Spree packed with neoclassical museums. Behind that was Mitte and the residential district of Prenzlauer Berg. When the Wall went up, the East went down; fine apartment buildings, many of them damaged in the war, decayed further. Some areas were entirely razed to make...

Author: /time Magazine | Title: Hip Berlin: Europe's Capital of Cool | 11/16/2009 | See Source »

That sort of artsy fashion, plus the underground music scene, plus 170 museums and a host of renovated monuments have all helped fuel a surge in tourism. The fact that discount airlines like easyJet have made Schönefeld Airport, in the former communist East, their German hub has also given the city a boost. The number of visitors from abroad is up 2.5 times since 2003. Just as dramatic is the influx of foreigners moving to Berlin to live - they now make up almost 1 in 7 of its 3.5 million inhabitants. The number of non-German Europeans living...

Author: /time Magazine | Title: Hip Berlin: Europe's Capital of Cool | 11/16/2009 | See Source »

...replace the economically sputtering U.S., and as the U.S. looks increasingly to Asia for consumers to sell to and governments to borrow from, the question hovering over the summit is, Can the leaders of the world's fastest-growing region find a new economic model that works for both East and West? (See pictures of the global financial crisis...

Author: /time Magazine | Title: APEC's Bonding Experience | 11/16/2009 | See Source »

...past. But with Asian economies leading the world out of recession while America languishes, the topic is coming up with increasing frequency. At a meeting of regional leaders hosted by the Association of Southeast Asian Nations in Thailand last month, Japan's Prime Minister Yukio Hatoyama proposed an "East Asian community" that would bind together Japan, China, South Korea and the 10 countries of Southeast Asia, plus India, Australia and New Zealand. Hatoyama - who recently opined that "the era of U.S.-led globalism is coming to an end" - suggested this zone have its own common currency and could some...

Author: /time Magazine | Title: APEC's Bonding Experience | 11/16/2009 | See Source »

Iran's leaders may be getting their act together, slowly, on the nuclear debate. But they haven't done much work selling the issue to average Iranians, who still worry about daily matters. While overall inflation has decreased to single digit percentages, residents of East Tehran expressed to TIME their concern about rising bread prices and the possible removal of energy subsidies by the government in the coming year. As in the rest of the world, Iran's economy has slowed down from its oil-fueled overheated state just two years ago. The government, however, has yet to explain...

Author: /time Magazine | Title: Iran's Nuke Standoff and Ahmadinejad's Woes | 11/16/2009 | See Source »

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