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...industry that are being demanded by consumers and lawmakers alike. Both Hillary Clinton and Barack Obama are campaigning for credit-card reform. On Feb. 7, Representatives Carolyn Maloney and Barney Frank introduced a credit-card bill of rights that would make it harder for issuers to add fees and hike rates. Senator Carl Levin is also sponsoring a bill that would cap rate increases, rein in fees and require clearer disclosures of all costs...

Author: /time Magazine | Title: Exposing the Credit-Card Fine Print | 2/21/2008 | See Source »

...Ponta dos Ganchos also makes a good base for trying other activities the area is famous for. Chug out to an oyster farm with a local fisherman to taste oysters scooped straight from the sea. Hike to hidden waterfalls. Sip potent caipirinhas made with locally brewed cachaç a. Or catch a speedboat to the ancient fort on Anhatomirim Island, where the Portuguese fought both Spaniards and pirates. Nature lovers should visit Garopaba Bay, south of Florianópolis, to spot whales migrating to warmer waters between June and November. It seems even the ocean-going whale finds the Emerald...

Author: /time Magazine | Title: The Beautiful South | 2/20/2008 | See Source »

...drastic hike in international food prices has hit Harvard dining halls—and it's taken your bacon bits...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Food Price Increases Hit HUDS Hard | 2/12/2008 | See Source »

...shooting happened as Vela's unit was struggling to complete a particularly grueling pair of back-to-back two-day missions in one of the country's most dangerous regions. The men would hike at night with 150-lb. rucksacks, crossing several marshy canals with chest-high water to reach their destination by dawn. They would then break into two- or three-man teams to conduct surveillance all day under the 120-degree sun with only three or four liters of water per person. Throughout, the soldiers often slept no more than 15 minutes at a time. By the fourth...

Author: /time Magazine | Title: Murder Verdict in Iraq: Guilty | 2/10/2008 | See Source »

...what will Gazprom do if Ukraine simply pays its latest bill? "Most likely, it will accuse either Ukraine, or Belarus, or both or any other transitor of diverting its transits," Krutikhin says. If, indeed, Gazprom is running short of gas, the Ukraine price-hike could be just the beginning of a turbulent season on gas markets...

Author: /time Magazine | Title: A Gas Ultimatum for Ukraine | 2/8/2008 | See Source »

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