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...nothing. What I think will happen is we'll see the ancillary kinds of junk - like throwaway furniture and gobs of plastic kitchen gadgets - fade out of our lives. The middle class will still have access to what truly makes life good: a comfortable home (but not a huge home), good education, flowing information on the Internet and gainful employment...

Author: /time Magazine | Title: How the Coming Rise in Gas Prices Will Change the World | 7/15/2009 | See Source »

...mining stakes. But the biggest deal didn't go through. The state-owned Aluminum Corp. of China, better known as Chinalco, was supposed to take a $19.5 billion stake in Australian-British Rio Tinto, which controls, among other mines, vast iron-ore deposits in Australia. The bid sparked a huge controversy in Australia, with the political opposition running TV ads skewering any proposed deal. In June Rio Tinto's shareholders backed out, arguing that the company's recovering stock price allowed them to consider other offers. In the end Australian-British mining giant BHP Billiton stepped into the breach. (Read...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

Floridians are generally not flummoxed by the variety of reptile species that invade their state. Even when pythons started turning up on the peninsula in large numbers a few years ago, most residents laughed off the huge, not-native snakes as yet another imported nuisance, little worse than some condo developers...

Author: /time Magazine | Title: Florida Wrestles with Its Python Problem | 7/10/2009 | See Source »

...game of skill, they'll grow into it and definitely prefer it over baccarat," says Huang, referring to the fact that baccarat players bet against the house while poker players bet against each other. "Give it another three or five years. Poker here is going to be as huge as anywhere else in the world." It's a tempting bet, but can you ever really trust a poker player...

Author: /time Magazine | Title: Does Poker Stand a Chance in Asia? | 7/10/2009 | See Source »

...willing, in the next five years, the world will say, 'Indonesia is something, Indonesia is rising.' " - Speaking at a huge election rally in Jakarta (New York Times, July...

Author: /time Magazine | Title: Susilo Bambang Yudhoyono: The Man Behind Indonesia's Rise | 7/10/2009 | See Source »

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