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...step down."He's not immune forever," says Khwaja Muhammad Asif, a prominent lawmaker from Nawaz Sharif's Pakistan Muslim League-N (PML-N). "As long as he's in this office, he cannot be served with a warrant. But there is also a moral position - he holds the highest office in the land. For the dignity of that office, he's morally bound, if morality means anything to him, to leave his office and face the charges...

Author: /time Magazine | Title: Corruption Charges Loom for Pakistan's Pro-U.S. President | 11/27/2009 | See Source »

...name, which means "Fifteen Thousand," each more colorful than the one before it. Mayor Mario Samanez claims to have the official version. He says its rains around 15,000 mm (590 inches) each year in the town, hence the name. "This is the spot with the world's second highest amount of rainfall annually. That is where the name comes from," Samanez says...

Author: /time Magazine | Title: How a Little Town in Peru Is Becoming a Hotspot | 11/26/2009 | See Source »

Public interest in "The Real Housewives" of hither and yon notwithstanding, the well-behaved trophy wife is not, generally speaking, a character we're dying to know more about. And beautiful Pippa Lee (Robin Wright Penn) is a trophy wife of the highest order. Polite, restrained and seemingly vacant, the heroine of writer/director Rebecca Miller's The Private Lives of Pippa Lee, cooks a mean butterflied lamb, keeps a meticulous house and floats around in silky pajamas, all the while gazing fondly at her cutely cranky husband Herb (Alan Arkin), a former publisher 30 years older than...

Author: /time Magazine | Title: Pippa Lee: Robin Wright Penn's Moment | 11/25/2009 | See Source »

...gains, not by consumer spending. From this standpoint, the outlook for stocks is even more promising. Companies have rigorously cut costs and positioned themselves for a rapid rise in earnings once top-line growth resumes. Annualized productivity growth in the second and third quarters of 2009 averaged 8.2%, the highest six-month average in 40 years and unprecedented for an economy just emerging from a severe recession. Indeed, third-quarter profits, now being reported, are running well ahead of estimates...

Author: /time Magazine | Title: Why Stocks Still Rock | 11/23/2009 | See Source »

...That's not just a concern for the Sunshine State, which now has one of the nation's highest jobless and home-foreclosure rates. Earlier this year, the Associated Press found that across the U.S., the stimulus plan was "set to spend 50% more per person in areas with the lowest unemployment than it will in communities with the highest." In Illinois, President Obama's home state, a Chicago Public Radio investigation this fall found that less than 10% of the Department of Transportation's stimulus contracts had gone to "disadvantaged business enterprises," or DBEs, even though the state says...

Author: /time Magazine | Title: Are Minorities Being Fleeced by the Stimulus? | 11/23/2009 | See Source »

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