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...Murdoch's declaration a classic, bold Rupertian move or the action of a desperate man? The mogul is 79 years old. His love affair with newspapers has lasted longer than his three marriages. But now it's an open question as to who will cease to exist first: Rupert or the newspaper as we know it. (Murdoch's mother Dame Elisabeth is 100.) He has made it clear that he wants one of his children - probably James - to run the show after he exits. This partly explains why he and his loyal and capable No. 2, Peter Chernin, recently parted...

Author: /time Magazine | Title: Will Rupert Murdoch Be the Pied Piper of Paid Content? | 8/11/2009 | See Source »

...relatively weak economic climate could start to go bad in droves. The country's once shaky financial sector was cleaned up several years ago - in 2007, nonperforming loans amounted to just 3% of total bank assets - and vehicles set up to deal with China's last banking crisis still exist. In other words, Beijing thinks its financial system is strong enough to handle the risks of its very loose monetary policy...

Author: /time Magazine | Title: Can China Save the World? | 8/10/2009 | See Source »

...irony is that O'Barry believes he's partly to blame. The dolphins that are killed are the leftovers from searches to find performers for aquatic parks, places that might not exist if hadn't been for Flipper mania. It's a lucrative trade. O'Barry says a trained dolphin can sell for as much as $150,000. In Taiji, the public is welcome to watch the selection of dolphins by trainers. What most people aren't allowed to see is what happens afterward, when the ones that didn't make the cut are moved to the next rockbound inlet...

Author: /time Magazine | Title: Rescue at Sea | 8/10/2009 | See Source »

...village is now empty. Every house has been demolished and the villagers have all fled to Georgia. Plants grow between the heaps of bricks and stone. The school, which had been recently repaired before the war, today stands faded pink and windowless. Looters, whom locals claim do not exist, have stripped the place - even digging the wiring out of the walls. They have taken everything but the Georgian-language textbooks...

Author: /time Magazine | Title: A Year After War, S. Ossetia More Dependent on Russia | 8/10/2009 | See Source »

...even Korach will admit that the one major issue with relying on parents to help pay for school essentials is that itexacerbates inequities that already exist between well-off school districtsand those with lesser means. "We're not naive," he says. "You couldn't do what we do in other communities...

Author: /time Magazine | Title: Can a PTA Bake Sale Save a Teacher's Job? | 8/6/2009 | See Source »

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