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...Svalbard is the ultimate backup - or as Fowler calls it, the "Noah's ark of seeds." The vault was built on the far northern Norwegian island of Longyearbyen, where the Arctic cold helps keeps the seeds viable, in case the electricity that powers the vault's cold storage should ever go. (Seeds can remain dormant but alive for centuries if they're kept cool and dry.) The location isn't an accident - should something truly horrific happen, from extreme climate change to nuclear war, remote Svalbard should remain protected, capable of rebooting global agriculture. "This is an insurance policy...

Author: /time Magazine | Title: The Planet's Ultimate Backup Plan: Svalbard | 2/27/2009 | See Source »

...college, businesses and home mortgages. Suddenly, millions of servicemen were able to afford homes of their own for the first time. As a result, residential construction jumped from 114,000 new homes in 1944 to 1.7 million in 1950. In 1947, William Levitt turned 4,000 acres of Long Island, New York, potato farms into the then largest privately planned housing project in American history. With 30 houses built in assembly-line fashion every day - each with a tree in the front yard - the American subdivision was born...

Author: /time Magazine | Title: The Middle Class | 2/27/2009 | See Source »

...Taiwan's trade with China, for example, has been made up of electronic components shipped to Chinese factories for assembly into finished products - which eventually wound up on the shelves of stores in the U.S. As a result, Taiwan's China trade is contracting twice as fast as the island's U.S. exports...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...assistance to targeted businesses and by reducing red tape. Taiwan President Ma Ying-jeou is undertaking his own deregulation program, with a special focus on Taiwan's biggest trading partner, China. Ma believes that sectors of Taiwan's economy, such as tourism and finance, have been stunted by the island's political standoff with Beijing. (China considers Taiwan a renegade province.) Ma is pushing for an agreement with China that would allow for free flows of capital and services across the Taiwan Strait for the first time. He has already opened the island to mainland tourists and eased restrictions...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...twin isles that make up the Conrad Rangali Island haven (www.conradmaldives.com) stand out in many ways. You could happily spend your days getting some alone time, a rarity in a place so popular with honeymooners, shaping up with a health plan or indulging without one. In pursuit of the latter, it helps that the hosts take their wine very seriously. The resort has devoted two rooms to tasting, and both make delightful alternatives to the classic meal on the beach. (See reviews for 50 American wines...

Author: /time Magazine | Title: Pleasure Island | 2/25/2009 | See Source »

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