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Spending Big The good news from Germany is that lots of money buys lots of stuff. Halle today has a new network of fast highways and rail tracks, a renovated historic city center, ultramodern water-treatment plants, a technology center on the site of a former Soviet army base just...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

Money Isn't Everything In short, Halle has learned that throwing money at an economic meltdown isn't a cure-all. To be sure, some towns in the old GDR have done well. In the Saxon heartland, where the local economy had strong roots going back to before World War...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

There are two ways of tipping a balance sheet into the black: raising revenues or cutting costs. In the tea-growing region of central Kenya farmers trained in simple organic techniques are pursuing the second option. Their methods - raised beds, deep pits for water-harvesting, compost piles, intercropped maize and...

Author: /time Magazine | Title: Different Shades of Green in Africa | 5/18/2009 | See Source »

Eighteen months ago, when the world was awash in asset bubbles, there was perhaps no market more overheated than commodities. Prices of everything from iron ore to palm oil to corn reached dizzying heights. Crude oil nearly quintupled in five years; rice tripled in only five months. World Bank President...

Author: /time Magazine | Title: Commodities Conundrum | 5/18/2009 | See Source »

There is, obviously, everything ironic about Glee: an upbeat chorus number set to Amy Winehouse's "Rehab" is the funniest thing I've seen on TV this year. But this raises the question of how good a match it really is for the Idol audience, who tend to like their...

Author: /time Magazine | Title: Glee: A Chorus of Laughter | 5/18/2009 | See Source »

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