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Nowadays, the 136-year-old building betrays few signs of its grim history thanks to a $150 million makeover spearheaded by Mayor Bertrand Delanoë as part of a long-term effort to revitalize Paris' 19th arrondissement. Launched just over a year ago, with high-profile events by fashion giant Alexander McQueen, trip-hop icon Tricky and art-rock legend Lou Reed, the immense 39,000-sq-m space was renovated by architectural firm Atelier Novembre. It boasts artist studios, designer boutiques, a café, a bookshop, a children's area and even a free-standing pizza truck under...

Author: /time Magazine | Title: A Paris Funeral Home Becomes an Art Center | 11/18/2009 | See Source »

...world's best club - keep going until the following afternoon. There's always a risk that gentrification will spoil the vibe. One of the biggest haunts in the early 1990s was Tresor, a subterranean space near Potsdamer Platz. The club shut down when the area was turned into a giant shopping mall. The Love Parade, an annual techno festival that drew as many as a million people to the streets of Berlin every summer, took place for the last time there in 2006 because of a dispute over who should pay for picking up the mounds of trash. "There...

Author: /time Magazine | Title: Hip Berlin: Europe's Capital of Cool | 11/16/2009 | See Source »

...bilateral trade agreements that have been signed between various Asian countries in recent years, executives say. Others, worried about their prospects in a China-led free-trade zone, are eager to see APEC take the lead. Says Kevin Thieneman, the Southeast Asia and India country manager for industrial-equipment giant Caterpillar: "There must be a realization by the Obama Administration that the U.S. is getting lapped when it comes to trade in Asia. There is a lack of understanding in the U.S. about how fast the bilateral trade agreements are happening out here...

Author: /time Magazine | Title: APEC's Bonding Experience | 11/16/2009 | See Source »

...kind of anthropologist devoted to field work in far-flung places. "I hate traveling and explorers" is the first line of Tristes Tropiques, his classic 1955 account of his years in Brazil and other locales. Instead, his position as one of the greatest figures in anthropology, and as a giant in postwar intellectual life generally, rests upon his effort to draw from anthropology a larger philosophy of human cultures...

Author: /time Magazine | Title: Claude Lévi-Strauss | 11/16/2009 | See Source »

...time the global economy may not be able to afford. Economists agree that China and the United States must alleviate the imbalances that contributed to the current crisis if the world economy is to find renewed, and healthier, growth. China saves too much and spends too little, leading to giant surpluses and hard currency reserves, while the U.S. saves too little and spends too much, creating giant deficits and debt. Unless China can transform its citizens from savers to spenders, the reform of the entire world economic system could suffer. "I don't see any evidence" that China's economy...

Author: /time Magazine | Title: Will China's Consumers Save the World Economy? | 11/15/2009 | See Source »

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