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...early days, in the 1970s, but seemed to work passably well for the next two decades. Lately, though, the dollar standard has been blamed for everything from China's huge buildup of dollars to the financial crisis of 2007 and '08 and a future of rampant inflation that hasn't materialized yet but that many doomsayers are convinced is on the way. And while there's been talk of the dollar being supplanted as the world's reserve currency by the euro or the Chinese yuan, that would still leave a monetary system dependent on the whims of one central...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...since his election in April, President Zuma has surprised. Seven months is not long enough to fix South Africa's problems - and Zuma hasn't. Violent crime, a yawning inequality which juxtaposes black millionaires with millions scraping by on less than $2 a day and the world's largest HIV/AIDS population continue to drag on the country. But whereas Mbeki stoked a national mood of frustration by denying such crises existed, Zuma concedes they are real and even accepts blame. "These challenges are based in reality," the 67-year-old told TIME in a rare interview. "And it's only...

Author: /time Magazine | Title: Could Zuma Be What South Africa Needs? | 12/7/2009 | See Source »

...nearby venue (Roseland in New York), where the wee ones can have their pictures taken with all nine Disney cartoon princesses and get a lesson in drawing one of the film's characters from a Disney animator. Many of the shows were sold out, proving that the Mouse House hasn't run out of ways to squeeze big bucks out of kids and their parents...

Author: /time Magazine | Title: Box-Office Weekend: Blind Side Sacks New Moon | 12/6/2009 | See Source »

...during nine years in Congress, the bookish-looking lawmaker was pushed to the limelight just a few months ago after the death of his admired mother Corazon, a former president and symbol of democacy during the anti-Marcos struggle. Some pundits predicted his star would quickly fade, but that hasn't happened. Manuel Villar, a rags-to-riches real estate developer born in Manila's Tondo port area, is placing second. Behind him is ousted former president Joseph "Erap" Estrada. He was convicted on corruption charges in 2007, sentenced to life imprisonment and then pardoned by current President Gloria Macapagal...

Author: /time Magazine | Title: In Philippines: Colorful, Chaotic Election Season | 12/4/2009 | See Source »

Father Patrick Rushe, coordinator of vocations for the Roman Catholic Church in Ireland, hasn't placed classified ads yet, but he's done just about everything else to attract young men to the priesthood. So far, though, the call to service seems to be falling on deaf ears. (See pictures of Pope Benedict...

Author: /time Magazine | Title: Why Ireland Is Running Out of Priests | 12/3/2009 | See Source »

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