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There are many surreal elements in Chronic City: a mysterious fog, snow in the summer, a giant tiger. Is there something about Manhattan that makes it an unreal place in your mind? It's both real and unreal. The pressure of money and ambition and the forces of aspiration and yearning that make up that island also make it into kind of a virtual reality. There's something about Manhattan that's half a concept. People are living inside this concept as much as inside the real territory. But it is also real, and I wanted to capture the texture...

Author: /time Magazine | Title: Novelist Jonathan Lethem | 10/19/2009 | See Source »

...unit because of pressure from regulators to curtail the pay of Phibro's top trader Andrew Hall, who made $100 million last year, and reportedly has a contract that would award him roughly the same amount in 2009. Oxy declined to comment on Hall's compensation. But the energy giant says Hall will remain with the unit at Oxy. Hall had threatened to leave Citi if his pay was cut, which means Oxy is probably honoring his contract. Says an Oxy spokesperson, "We hope and expect Phibro to continue to do well financially and that Mr. Hall and his colleagues...

Author: /time Magazine | Title: How Citi's Andrew Hall Made $100 Million Last Year | 10/19/2009 | See Source »

...write off Than Shwe as the deluded head of a hermit regime is a mistake. The junta has shrewdly adapted to 20 years of breakneck growth in Asia, first drawing investment from Southeast Asian neighbors - until a new regional giant emerged. "In 1988, nobody in the Burmese military knew how quickly China would grow economically," says Seekins. "But as this was happening [the regime] took advantage of that situation to promote close ties to China." Burma joined ASEAN in 1997, gaining further allies against Western criticism and more trade opportunities (Thailand gets most of its natural gas from Burma...

Author: /time Magazine | Title: Getting to Know Burma's Ruling General | 10/19/2009 | See Source »

...Maha Almuneef, one of six women named earlier this year to the Shura council, a 156-person advisory body appointed by the King. "It's a good first step. The King and the political system are saying that the time has come. There are small steps now. There are giant steps coming. But most Saudis have been taught the traditional ways. You can't just change the social order all at once." (Read: "A Rapprochement Between Syria and Saudi Arabia...

Author: /time Magazine | Title: New Rights, and Challenges, for Saudi Women | 10/19/2009 | See Source »

...World is one of many architectural fantasies in Dubai that now appear to be shimmering mirages. The emirate boasts the 2,684-ft. Burj Dubai, the world's tallest skyscraper; a man-made island shaped like a giant palm; a ski slope in a shopping mall; and an 18-hole golf course (unfinished) in the middle of the desert that will slurp down a million gallons of water a day. But the dozens of giant cranes that once littered the skyline have migrated elsewhere. Dubai today has the feel of a futuristic, five-star ghost town blasted by sandstorms...

Author: /time Magazine | Title: A Five-Star Ghost Town at the End of 'The World' | 10/19/2009 | See Source »

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