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North Korea is already benefiting--a little. In 2005, the Chinese trading company Tianjin Digital invested $650,000 to open a joint-venture bicycle plant in Pyongyang. "The conditions are really favorable," says Tianjin manager Liang Tongjun, whose company was granted a 20-year monopoly on bicycle manufacturing in the North. A month after the factory opened, the Dear Leader himself paid a visit...

Author: /time Magazine | Title: Risky Business | 10/11/2007 | See Source »

...Football League wants, and the kind that the World Wrestling Federation has been able to drag blindly into its new enterprise, the first major pro league to be launched since the three-season flop of the United States Football League (USFL) in the mid-'80s. The XFL is a joint venture by the World Wrestling Federation and NBC that debuted last Saturday night. It is trying to sell itself as a more violent version of the NFL (no fair catches, taunting encouraged) with more sex (cheerleaders in revealing outfits), but that's not really the product it has. After...

Author: /time Magazine | Title: Flashback: XFL's Fast-Mouth Football | 10/10/2007 | See Source »

...noon until midnight, Thursday through Sunday.At 10 p.m., Newell begins his “Big Hemp Show.”“Would you like to sing your favorite marijuana song?” Newell asks, and then begins to sing: “Roll, roll, roll your joint. Twist it at the end…” His puppet is holding a large marijuana spliff, which glows when he brings it to his mouth.Two audience members decide that they want to sing along, and stand behind the additional three-foot-tall puppets. When they find the microphones...

Author: By Beryl C.D. Lipton, CRIMSON STAFF WRITER | Title: BEAT OF THE STREET | 10/5/2007 | See Source »

...party deal was a bright moment in what has turned out to be a fairly unsatisfying summit for Roh. The longtime foes were able to ink a deal promising to work toward a permanent peace agreement and boost economic ties between Seoul and Pyongyang. But the joint statement didn't really break any new ground. "We shouldn't be too impressed," says Kim Tae Woo, analyst at the Korea Institute of Defense Analysis. "The agreement does not create any dramatic changes to inter-Korean relations...

Author: /time Magazine | Title: Beijing Deal Bails Out Korea Summit | 10/4/2007 | See Source »

...surprisingly, the joint agreement also failed to make any mention of thorny issues such as the fate of both South Korean prisoners of war and abductees in North Korea. Perhaps Kim Jong Il will address those topics if he fulfills an earlier promise to visit the South's capital. But it's not likely...

Author: /time Magazine | Title: Beijing Deal Bails Out Korea Summit | 10/4/2007 | See Source »

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