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...setback to that progress is taken with grave seriousness. During the 1997 crisis, office workers, too ashamed to tell their families they had lost their jobs, donned business suits each morning only to hide out in the mountainside parks around Seoul. Middle-aged women turned over their gold jewelry to the government in a futile attempt to restock its empty coffers. Today, President Lee Myung Bak has called on that same spirit of self-sacrifice to pull the country through the current crisis. At a meeting of his Cabinet in October, Lee said that the public should "join forces with...

Author: /time Magazine | Title: A Depressed Mood | 11/13/2008 | See Source »

...Larry James, 61, was known as "the Mighty Burner" for his gold-medal win in the 4 × 400-m relay at the racially charged 1968 Olympics in Mexico City, where he demonstrated for civil rights...

Author: /time Magazine | Title: Milestones | 11/13/2008 | See Source »

Something’s brewing in Adams House, and it’s not just beer. Last week at Carpe Noctem—Adams’ answer to the other houses’ more plebeian Stein Clubs—a blonde ale called “Gold Room Gold” made its debut and house pride bubbled to the surface. The five gallons of “Smada” beer (“Adams” backward), brewed in the house kitchen under the direction of brewmaster Joseph D. Hiatt ’11, ran out within...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: The New Spirit in Adams House | 11/13/2008 | See Source »

...It’s just another reason why Adams is the best house,” Amanda R. Wallace ’10—HoCo secretary and my roommate—said, sipping the Gold Room Gold...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: The New Spirit in Adams House | 11/13/2008 | See Source »

...liabilities, more than twice the country's GDP. The next step will be to ensure credit gets to Ireland's good-quality businesses over the next year or two, says Davy's White. On Grafton Street, Weir & Sons is among the luckier ones. It owns its black-and-gold-fronted store, so at least it doesn't have to worry about rent. And its prime location makes the shop popular with tourists. McDowell, for all his worries, remains bullish about Ireland's long-term prospects. "We're a very small, very young country," he says. "It doesn't take much...

Author: /time Magazine | Title: Ireland's Economy: Celtic Crunch Time | 11/12/2008 | See Source »

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