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...food experts say there's a more fundamental reason why prices are rising: a world grown accustomed to plenty is increasingly unable to produce enough food to sustain itself. U.N. Secretary-General Ban Ki-Moon told the world's leaders in Rome this week that farmers would need to grow 50% more crops by 2030 in order to avert a massive global shortage of food. "There is nothing more degrading than hunger, especially when it is man-made," Ban said...

Author: /time Magazine | Title: Food Prices: Hunger Strikes | 6/5/2008 | See Source »

...Ecobank has grown hip to the business model and last year launched a microfinance institution of its own, in Nigeria and then in Ghana. Senegal and Cameroon are next. "This empowers the bottom of the African market," says Ecobank microfinance head Rotimi Nihinlola, "and is a good opportunity to grow our business...

Author: /time Magazine | Title: The Big Trouble In Small Loans | 6/5/2008 | See Source »

...there are other changes to Mibanco's operations that aren't quite so easy to categorize. To grow quickly and preserve market share, Mibanco is offering incentives to current customers to get friends to sign up. That's hardly insidious--as anyone with a gym membership can tell you--but it does flick at the concern that lenders might start driving demand. And now Mibanco is contemplating an ipo. "We have two objectives," says Llosa. "One of them is to have a social impact, but we also look to be profitable. If we decide to only have a social impact...

Author: /time Magazine | Title: The Big Trouble In Small Loans | 6/5/2008 | See Source »

Your brain is going to sweep and swell into all sorts of new directions and dimensions. It will encounter Ambiguity. Ambivalence. Algebra. Your body is about to be taken over by aliens, behave in ways you can't control, grow in ways you can't contain. At times your feet will seem nowhere near the ground. I fell down the stairs a lot in middle school. Basic coordination was often beyond me. Confusion is part of the curriculum...

Author: /time Magazine | Title: Graduates, Go Forth and Multiply! | 6/5/2008 | See Source »

...pocketbook, not some ideological vision, and isn’t yet sold on Obama in spite of six months of the most intense campaigning this country has ever seen. Choosing Hillary would be an insurance policy against the possibility Obama’s support will not grow beyond his base...

Author: By Clay A. Dumas | Title: Where Do the Democrats Go From Here? | 6/4/2008 | See Source »

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