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...most part, globalization is a blessing for the world economy. But for a world that relies too much on U.S. consumption, it faces grave risk if that growth engine gets derailed. Such is the case with the energy shock of 2005. If the over-extended American consumer gets hit?as I suspect will happen?Asia could be in serious trouble...

Author: /time Magazine | Title: A Price to Pay | 8/29/2005 | See Source »

...secret to some of the best HBO series is dirt. Not filthy language, not nudity--actual dirt. The muck in the streets of Deadwood, Tony Soprano's soldiers exhuming an incriminating body, the Fisher family tossing shovelfuls in the grave as Six Feet Under buried its lead character Nate--all this soil embodies the network's insistence on deprettifying its subjects...

Author: /time Magazine | Title: Television: Tearing Off the Togas | 8/14/2005 | See Source »

...Fahd leaves grave challenges behind for his successor, King Abdullah, 81, though as royal advisors are anxious to point out, Abdullah has been the Kingdom's ruler in all but name since Fahd began his decade-long health decline with a stroke in 1995. Fears of a messy succession struggle subsided when immediately after announcing Fahd's death following a bout with pneumonia Monday morning, Saudi television also declared that Abdullah would become King and that he had named Prince Sultan, 77, the powerful head of the Saudi armed forces, who recently recovered from colon cancer, as his crown prince...

Author: /time Magazine | Title: Saudi Arabia's King Fahd Dies | 8/1/2005 | See Source »

...parking lots, through the roof of a dentist's office, bits of machinery in Nacogdoches, a hand and leg in San Augustine. NASA told everyone to stay away from the debris, that it could kill you, but the agency mainly wants a chance to gather the evidence and deter grave robbers. NASA buried all the remains of the Challenger in an old missile silo and sealed it with tons of concrete so the remains would never be auctioned...

Author: /time Magazine | Title: Seven Astronauts, One Fate | 7/28/2005 | See Source »

...disappear into a hut, where they change from faded T shirts and trousers into smart tan military uniforms. They then solemnly raise the flags of the U.S., France and Australian Aborigines, with whom they feel solidarity over land rights. When chief Isaac Wan appears, other men regard him with grave respect: they believe he is John Frum's prophet. The gray-bearded Wan says he was chosen by Frum himself as an infant. John Frum, "dressed all in white," he says, here too urged people to stick to kastom, but went to Green Point only after appearing at nearby Sulphur...

Author: /time Magazine | Title: Turning Back the Clock | 7/25/2005 | See Source »

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