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Commercial real estate may soon bulldoze the green shoots...

Author: /time Magazine | Title: Commercial Real Estate — the Economy's Anvil | 5/29/2009 | See Source »

...taxpayers are done cleaning up the books of the two companies and refilling their tanks with enough cash to keep them going - along with their finance arm, GMAC, and their key suppliers - the public price tag will exceed $100 billion. Add billions more in subsidies for researching and developing green technology and still more billions in tax credits to motivate buyers to go green. If someday GM and Chrysler become consistently profitable, the government loans will be repaid and both companies restored to total private control. The operative word being...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...that's not possible at a time when Obama and congressional leaders are requiring Detroit to do more to advance conservation and alternative energy and create 5 million green jobs. "I am absolutely committed to working with Congress and the auto companies to meet one goal: the United States of America will lead the world in building the next generation of clean cars," Obama said in March. Other public buttons have been pressed as well. Senators Robert Byrd and Jay Rockefeller of West Virginia called on Treasury to go easy on small-town car dealers, who create jobs...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...None of the people of Christchurch would be surprised to learn of Ellis' green fingers. The South Island's largest city is obsessive about greenery, famed for its meticulously manicured greenswards - many of them rose gardens in the English style - and fully deserving of its "Garden City" tagline. Edwardian punts float down the peaceful, winding river Avon, while helmeted sightseers glide past on futuristic Segway transporters. This combination of the genteel and the modern is typical of the place, which offers plenty of artistic, culinary and recreational opportunities against a panoramic backdrop of ocean, peaks and plains. "Christchurch...

Author: /time Magazine | Title: When You're in Christchurch | 5/28/2009 | See Source »

...Ravidasias, a lower-caste community who are not considered Sikhs though the groups share some similarities, including worship in gurdwaras, swelled in numbers among Austria's Indian diaspora. Disgruntled lower-caste youths from an increasingly prosperous Punjab - where the landed castes have been reaping the benefits of the Green Revolution since the 1950s and 1960s - were making their way to Europe in droves. "What we see now is a result of rising Dalit assertion," says Vinayak. "The lower castes set up their own gurdwara, splitting the congregation and the [revenue from the] offerings. The pro-Khalistanis (those supporting a separate...

Author: /time Magazine | Title: Austrian Murder Sparks Protests in India | 5/26/2009 | See Source »

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