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...July 11] will provide relief for poverty-stricken Africans? How pathetic we are to think we can help the continent of Africa with some concerts in the park. I have never witnessed a more pretentious and self-absorbed gathering of aging rockers and one-hit wonders. The first and foremost thing on the minds of the audience was hope for an encore, not hope for Africa. The plight of Africa is not some startling revelation. No one has an excuse for being unaware of the devastation there. Live 8 will assuage the world's guilt for a while. Then sentiment...

Author: /time Magazine | Title: Letters | 8/6/2005 | See Source »

Concerned foremost with budget politics, Congress too did its best to whitewash. Large manned-space-flight centers that depend on the shuttle are in Texas, Ohio, Florida and Alabama. Congressional delegations from these states fought frantically against a shuttle replacement. The result was years of generous funding for constituents--and now another tragedy...

Author: /time Magazine | Title: The Space Shuttle Must Be Stopped | 7/28/2005 | See Source »

China's long-awaited currency adjustment is unambiguously positive for the global economy. I applaud Beijing's action for three reasons: first and foremost, it derails Washington's protectionists and the serious threat they pose to geopolitical stability. Admittedly, a 2.1% revaluation of the renminbi stops well short of the 27.5% adjustment proposed by several U.S. Senators. Their bill, which would impose damaging tariffs on Chinese imports, had garnered surprising bipartisan traction in Congress and could well have been passed by the upper chamber later this year. The China bashers certainly did not get anything close to what they were...

Author: /time Magazine | Title: Give China Credit | 7/25/2005 | See Source »

...building's exquisite inlaid marble and that sewage water is seeping into the foundations; the organization has also asked for a report to address claims that the 350-year-old tomb is tilting by 19 cm, leading to fears that it might eventually collapse. Meanwhile, India's foremost Hindu site, the southern city of Hampi, has appeared on UNESCO's endangered list for five years over plans to build a road nearby, and the city's magnificent central concourse has been irreparably damaged by shops, restaurants and hotels that have covered historic fa?ades with plaster, paint and neon. In western...

Author: /time Magazine | Title: Heaps of History | 7/11/2005 | See Source »

...world. A diplomat and customs official, Chaucer was captured in battle, sued for debt and indicted for rape--a charge that was apparently dropped. In this robust account of his life, Ackroyd, a noted British novelist, points out that the author of The Canterbury Tales was not foremost a poet: "He was a government official and diplomat who, in his spare time, happened to write poetry...

Author: /time Magazine | Title: Books: 5 History Books for the Beach | 7/10/2005 | See Source »

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