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...glut in resales. At the same time, the seized-up credit markets are making it difficult for developers to securitize loans they provide buyers. Defaults on time-share loans climbed to 12% in March from 8% at the end of 2008, which has spooked lenders. This means developers lack cash to lend...

Author: /time Magazine | Title: Sharing the Pain | 4/30/2009 | See Source »

...design, do disappoint. For a musical fundamentally concerned with theatricality, the physical elements of the set fail to convincingly convey the boat’s pageantry. Besides the necessities—a cane here, a bundle of cotton there—the props and set design lack the grandeur of the Old South. The actors, however, make do with the paucity of props and meager space of the cramped stage. Through their vivacious singing and dance routines, the performers ultimately create the illusion that the set does not. In its conjuration of the spectacle of the Old South...

Author: By Lillian Yu, CONTRIBUTING WRITER | Title: BCT's 'Showboat' Quite a Show | 4/30/2009 | See Source »

...Program, a United Nations humanitarian organization that combats hunger, praised the students in the audience for demonstrating their interest in global health. Leach commended the strides the United States has made in assisting impoverished nations, but warned that “progress is being threatened” by a lack of communication in Congress. Robert Paarlberg, a political science professor at Wellesley and an associate at Harvard’s Weatherhead Center for International Affairs, drew a distinction between the emergency aid that the United States effectively distributes on a periodic basis versus the sustained assistance that Africa needs...

Author: By Roxanne J. Fequiere, CONTRIBUTING WRITER | Title: Experts Debate Solutions for Hunger | 4/30/2009 | See Source »

Compared to your average laptop, netbooks lack specs appeal. These lightweights pack puny processors and tiny screens. But that's exactly what makes the netbook the perfect travel buddy. It'll slip in your hand luggage, so no need to lug around a separate laptop case. And while netbooks struggle to run memory-heavy apps, they're perfect for web-browsing, word-processing and e-mail. In other words, 99% of the stuff you use your bulky laptop for now. Here are three little wonders we recommend. (See the best inventions...

Author: /time Magazine | Title: Little Wonders: Three Netbooks Worth Owning | 4/30/2009 | See Source »

...lack of guaranteed rights of the accused means detainees are frequent targets of abuse, either in the form of violent interrogations or beatings at the hands of other prisoners, legal experts say. Most suspects are now kept in detention centers run the Public Security Bureau, but moving them to the custody of judicial officials could lessen the likelihood of abuse. "Oral confessions should not be used as evidence any more," Liu says. "And detention centers should be overseen by judicial administrative offices, instead of the police." Until the government enacts those fundamental reforms, then the list of China's jail...

Author: /time Magazine | Title: In China, Suspicious Jail Deaths on the Rise | 4/30/2009 | See Source »

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