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...groups continue to control the region's economy. The 14 clans that commanded El Salvador's vital coffee industry, for instance, have morphed into eight conglomerates in recent years, but they still have a choke hold on the country's finances. In Honduras, such tycoons as José Rafael Ferrari and Freddy Nasser monopolize sectors like broadcasting and energy - and, say analysts, continue to exert incredible influence on the government. Little will change, says Rosenberg, unless those local élites "step up and assume a greater sense of [social] responsibility." Former Nicaraguan Foreign Minister Emilio Alvarez agrees, but says Honduras...

Author: /time Magazine | Title: In Central America, Coups Still Trump Change | 11/30/2009 | See Source »

...called "German loophole," which allows automakers selling fewer than 400,000 vehicles in the U.S. to meet a weaker EPA standard. All the German automakers - Mercedes, BMW and Volkswagen - will qualify for the exemption as well as Mitsubishi, Subaru, Kia and more exotic brands such as Ferrari, Aston Martin, Jaguar and Land Rover...

Author: /time Magazine | Title: Greens Not Happy About EPA Guidelines | 9/21/2009 | See Source »

...countered my own lack of invites by fleeing to such sanctuaries as Osteria alla Bifora, tel: (39-41) 523 6119, where Franco, the irascible and rotund proprietor, buffs and polishes a gleaming red 70-year-old meat slicer with the care most men would pay a Ferrari. Or there's Osteria ai 4 Feri, tel: (39-41) 520 6978, where the favorite is spaghetti alle vongole, and you can slurp up the ambrosial sauce of wine, lemon and garlic with a discarded clam shell. Solace can also be found in the convivial embrace of Enoteca Ai Artisti...

Author: /time Magazine | Title: The Venice Biennale | 8/26/2009 | See Source »

...saying "monkey see, monkey do," monkeys in the study appeared to favor those who mimicked them - even when the imitator was a member of another species (Homo sapiens). The authors of the paper, Annika Paukner of the National Institutes of Health (NIH) Animal Center and her colleague Pier Ferrari as well as two Italian researchers, structured the study this way: two experimenters, each holding a small plastic ball, faced each monkey in its cage (10 monkeys in all participated). The monkey was given an identical ball. One of the experimenters imitated whatever the monkey did with the ball - poking...

Author: /time Magazine | Title: Monkey See, Monkey Do: Why We Flatter Via Imitation | 8/17/2009 | See Source »

...Formula One's governing body plans to take legal action to prevent the teams from forming their own series. "The actions of FOTA as a whole, and Ferrari in particular, amount to serious violations of law, including willful interference with contractual relations, direct breaches of Ferrari's legal obligations and a grave violation of competition law," an FIA statement read. As the two sides dig in, the biggest loser is the sport. If Formula One does end up splitting, says Aylett, "people might go watch rugby...

Author: /time Magazine | Title: Are the Wheels Coming Off of Formula One? | 6/20/2009 | See Source »

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