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...Dubai's rulers know change is coming. No longer wowed by shopping malls with indoor ski slopes or hotels with gigantic aquariums, investors have begun to demand transparency. Last month, Barclays won the city's first foreclosure case. That could open the door to a flood of legal cases and more financial turbulence, but will also reassure investors that Dubai is learning from its mistakes. To keep attracting foreign residents with the skills to run a modern economy - and to better educate its own citizens so they can play a bigger role in that economy - the gulf's cities will...

Author: /time Magazine | Title: The Lessons of Dubai | 2/22/2010 | See Source »

...outside consultants, and back into the hands of the royal family, especially the crown prince, Sheik Hamdan. But without oil money of its own, Dubai has little choice but to listen to its foreign creditors and stakeholders. And wealthy as they are, the leaders of the gulf countries also know their societies have to eventually change too, says economist Sfakianakis. Oil generates wealth, but the oil industry doesn't generate many jobs. Even in rich Saudi Arabia, unemployment is officially 11.6% - and that's among men only. Some 65% of the population in the broader Middle East is younger than...

Author: /time Magazine | Title: The Lessons of Dubai | 2/22/2010 | See Source »

...series (TBS's House of Payne) and friendship with Oprah Winfrey (with whom he produced the Oscar-nominated film Precious), Perry, 40, may well be the most popular unsung playwright in America. Raised in a poor and abusive home in New Orleans, he staged his first musical play, I Know I've Been Changed, in a former Atlanta church in 1998. Two years later he introduced his most famous character, the wisecracking, God-fearing granny Mabel (Madea) Simmons - played by Perry in a plus-size print dress and silver wig. Since then he's turned out a steady stream...

Author: /time Magazine | Title: Tyler Perry's Big Happy Family | 2/22/2010 | See Source »

...here's the thing: you, watching the show, have the tools to come to that conclusion. You've held a job. You know how companies work. And one thing reality TV has trained people to do is to be savvy about its editing. That's how people watch reality TV: you can doubt it, interrogate it, talk back to it, believe...

Author: /time Magazine | Title: Reality TV at 10: How It's Changed Television — and Us | 2/22/2010 | See Source »

...with a trailer full of children's clothes and a vow to help Haiti's orphans "find healing, hope, joy and new life in Christ." "Our hearts were in the right place," she insisted, but her head was somewhere else entirely, and they all wound up in jail. We know a bit more now about her regard for the niceties of law and protocol: unpaid debts, civil lawsuits, a house in foreclosure and an improvised mission to scoop up a load of children and head to the border without so much as a license or even confirmation that they were...

Author: /time Magazine | Title: There's No Point in Doing Good Badly | 2/22/2010 | See Source »

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