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...Donald McKay's Boston yard launches ships such as The Flying Cloud and The Champion of the Seas, the fastest clipper ever built...

Author: /time Magazine | Title: A Brief History of Globalization | 3/20/2006 | See Source »

...European Union country owns what gas utility. But a trade war between the U.S. and China?with each side taking punitive, protectionist steps to shut out the other's products, services and investments?poses a real danger to the world's biggest economy (the U.S.) and the world's fastest-growing economy (China). Together, the two countries have accounted for nearly half of total global economic growth since 2002. China is now the U.S.'s third-largest trade partner, and that relationship, though prickly at times, is mutually beneficial. But it's possible to have too much of a good...

Author: /time Magazine | Title: Mind The Gap | 3/20/2006 | See Source »

...alumni. The purpose of the trip is to bolster the University’s ties with the world’s second most populous country, and forge new ones, according to the president’s spokesman, John D. Longbrake. Summers will jet off to India, one of the fastest growing developing nations, this weekend and arrive on Monday to start his busy week. India’s prime minister, Manmohan Singh, will kick off one of the week’s highlights, an academic symposium hosted by the Harvard Alumni Association (HAA) in New Delhi. Graduates...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: For Summers, A Passage to India | 3/17/2006 | See Source »

...women in developing countries, economic opportunity and sexual independence are supposed to go hand in hand. So why has India--the world's second fastest growing economy, after China--been unable to control the spread of its HIV/AIDS cases, which have ballooned to 5 million, more than in any other nation? The answer, says Suneeta Krishnan, 35, an epidemiologist at the University of California, San Francisco, is that in India, "economic freedom stops at the bedroom door...

Author: /time Magazine | Title: Epidemiology: Forging the Future: Sex, Money and Power In India | 3/12/2006 | See Source »

...where home prices have already almost doubled in the last five years. Last year, prices rose again by nearly 40%. Arizona's hot housing market helped push it, and its neighboring Mountain states - Colorado, Idaho, New Mexico, Nevada, Montana and Utah - to the top of OFHEO's list of fastest-growing regions. The Pacific region - Washington, Oregon and California - came in next with regional prices increases of 18.75%. Home prices on the East Coast, in states from Maryland to Florida, showed their fastest growth rate since 1975, jumping nearly 18%. The smallest gains continued to occur in New England...

Author: /time Magazine | Title: What Real Estate Bubble? | 3/7/2006 | See Source »

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