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...city's été pourri - or rotten summer - except perhaps to contest the notion that the capital even experienced one. Indeed, 2007 will be remembered as the year without a summer - the pourriest in 30 years, and second dreariest in the past half century. Monday's forecast (rain, highs of 63 degrees) was rather typical of the season, which dumped down nearly three times the amount of rain as you'd expect to find during an average June-August period. According to French press reports, temperatures only reached seasonal averages around 10 times during those same three months, with...

Author: /time Magazine | Title: Marking the End of a Rotten Summer | 9/4/2007 | See Source »

...first place was to get ahead of the chaos that already exists. Third World countries like Mexico today hold more modern and truly democratic primaries than America's, whose Iowa- and New Hampshire-centric traditions seem as atavistic to a lot of people as using groundhogs to forecast the arrival of spring. If a silver lining emerges from the Florida-DNC standoff, it might be a consensus on a new arrangement, like the rotating regional primary schedule endorsed by the National Association of State Secretaries of State - the people who actually have to run these elections...

Author: /time Magazine | Title: Will Dean's War on Florida Backfire? | 8/27/2007 | See Source »

...garden spot, to be honest," says Jim Sladek, who grows soybeans and corn on his farm in Iowa City, where scattered showers and thunderstorms are forecast through the weekend. Driving back from meetings in Missouri earlier this week, Sladek recalls looking out at corn and soybean fields that "were in horrible condition" because of the drought. "You come up to our area," he says, "and we're having one of the best crops ever. The rain definitely helped. But," he adds with a reference to news of the rain's onslaught, "it's a year of real extremes...

Author: /time Magazine | Title: Are Rains Better Than Drought? | 8/23/2007 | See Source »

...window of his ninth-floor office, Kushal Pal Singh looks down over New Delhi's Jantar Mantar, an elaborate astronomical observatory built by a far-sighted 18th century Hindu ruler. The stone curves and pillars of the observatory worked in conjunction with its massive sundial to measure time, forecast eclipses and determine the positions of stars and planets. The Jantar Mantar "gave me inspiration," says Singh, chairman of DLF, India's largest real estate company. "If this guy who conceived and made the Jantar Mantar centuries ago could be a forward-looking man, why is it that...

Author: /time Magazine | Title: Building a Dream | 8/17/2007 | See Source »

...making money that defines 21st century China, it's easy to forget that the country's stock markets in Shanghai and Shenzhen are less than two decades old. They may be barely out of adolescence, but they are already among the largest in the world. According to a forecast this month from PricewaterhouseCoopers (PWC), a global consulting firm, Chinese companies will raise $52 billion this year through initial public stock offerings in Shanghai and Shenzhen, more than double the amount forecast at the start of the year. Remarkably, this makes it likely China will generate more IPO money...

Author: /time Magazine | Title: Echo Boom | 7/12/2007 | See Source »

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