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...Very few of them live in the U.S., however. Turn on a tap almost anywhere in America, and you'll get clean, safe water--a minor miracle on much of the planet. But you wouldn't know that from the giant plastic bottles of water that many of us haul around as if preparing for a stroll in the Sahara. Americans drank more than 8.25 billion gal. (more than 31 billion L) of bottled water in 2006, a 9.5% increase from the year before. We buy more bottled water than any other beverage except soft drinks, and soda's market...

Author: /time Magazine | Title: Back to the Tap | 8/9/2007 | See Source »

...recompense. By any reckoning he's a heavy hitter. Yet Britain's new Secretary of State for Foreign and Commonwealth Affairs finds it tough to convince people that he's old enough to do his job. On a July trip to Afghanistan and Pakistan, his first long-haul destinations since taking office, his youthful appearance provoked disbelief. "He's the Foreign Secretary? He's so young!" exclaimed social activist Atta ul Haq after meeting Miliband at an event in Pakistan. "He cannot be more than 30," said Amjad Nazeer, a Pakistani translator. "If he came through the democratic process...

Author: /time Magazine | Title: Outward Bound | 8/2/2007 | See Source »

...found, the two companies discussed or briefed each other about proposed changes to the levy, which is meant to help airlines offset the soaring cost of fuel. In that period, the surcharges rose 12-fold to $122 for a typical BA or Virgin long-haul flight. BA has owned up to the collusion. "Anti-competitive behavior is entirely unacceptable," BA chief Willie Walsh said Wednesday. "We condemn it unreservedly." For its part, Virgin is expected to escape a fine, since it blew the whistle on the collusion in 2006. An OFT criminal probe into the actions of individuals involved...

Author: /time Magazine | Title: British Airways Charged Stiff Fines | 8/1/2007 | See Source »

...first show, held in Jakarta's Ark Galerie last April, all of the giant hyper-realist canvases were sold by the end of the opening night, some for as much as $5,000. By international reckoning this was a small sum, but by Indonesian standards it was an extraordinary haul by a young unknown. "This is the beginning of a new trend," says Bruce Wallace, chief representative in Indonesia of UBS, the bank that helped sponsor the show. "When quality comes on the market people don't waste time...

Author: /time Magazine | Title: The Undercutting Edge | 7/12/2007 | See Source »

...projects are "condominium-ized." That means the developer builds the space and then sells off individual shops to retailers. Because this strategy offers almost instant profits for investors, builders have little incentive to pick tenants carefully-and no incentive to ensure the facility is properly managed for the long haul. "If there's any empty stall when it comes close to time to open, all planning goes out the window," says David Hand, head of Jones Lang LaSalle's Beijing office, who estimates 95% of malls opened in China over the next five years will fail...

Author: /time Magazine | Title: Aspirational Hazard | 7/12/2007 | See Source »

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