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...Though Syria survived the efforts of the Bush Administration and Saudi Arabia to isolate the country politically, it faces huge economic challenges as it switches from a Soviet-style economy to a market-driven model. Syria has been touting itself to investors as a future regional industrial and transportation hub. But it will need plenty of Saudi money and Western know-how - not to mention improved diplomatic relations - in order to make that great economic leap forward...

Author: /time Magazine | Title: A Rapprochement Between Syria and Saudi Arabia? | 10/8/2009 | See Source »

...Guinea's military junta reportedly drew lots to decide who would become the nation's next leader. On Dec. 23, Camara's soldiers broke down the doors of the state TV station and broadcast that he was dissolving the constitution. (Read "A Big Double Murder Jolts Africa's Cocaine Hub...

Author: /time Magazine | Title: Guinean Leader Moussa Dadis Camara | 10/8/2009 | See Source »

...fact, Hong Kong, a former British colony that has long been a major Asian trading and financial hub, has for several years aspired to become Asia's premier wine hub. Hong Kong collectors already own 17% of the world's stock of fine wines. But most of that stash - the largest in the world on a per capita basis - has been stored abroad because the city charged an onerous duty on imported wines that at one point reached as high as 80%. Then, two years ago, the market really began to flourish when the government scrapped all wine and spirits...

Author: /time Magazine | Title: Vintage Wines Fetch Record Prices in Hong Kong | 10/7/2009 | See Source »

...Still, Hong Kong is determined to achieve recognition as Asia's wine hub. On Nov. 4-6, the city is hosting its second international wine and spirits fair. The fair is part of a broad effort to promote wine growth throughout the region, and even includes a tasting competition to determine what wines best complement traditional Asian dishes. Vintners and wine buffs, take note: with Asia rising, the flavors that please regional palettes could some day drive the decisions wineries make when growing, aging and blending their products. The West needs to face a sobering reality: Hong Kong...

Author: /time Magazine | Title: Vintage Wines Fetch Record Prices in Hong Kong | 10/7/2009 | See Source »

...prosecuting Kagame's allies. The RPF, after all, ended the genocide in the face of Western inaction and double-talk. Kagame and his cohorts then encouraged reconciliation between Hutus and Tutsis while setting about rebuilding Rwanda's shattered economy, promoting the small central African nation as a technology hub and an exporter of high-end coffee. The Western press often praises Kagame as the new face of African leadership. (See Paul Kagame in the 2009 TIME...

Author: /time Magazine | Title: Rwanda Genocide Arrest: Justice, but Is It for All? | 10/7/2009 | See Source »

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