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...period - after shrinking 16.4% in the previous quarter. Hong Kong has yet to report first-quarter numbers, but its economic performance in the final quarter 2008 does not inspire confidence: GDP growth was minus 2.5%. In the same period, the South Korean economy contracted 5.6% while Japan, Asia's largest economy and the world's second biggest, shrank...

Author: /time Magazine | Title: Asian Stock Markets: Betting Big on Recovery | 4/23/2009 | See Source »

...India A MONUMENTAL EFFORT Voting in the world's largest democracy started on April 16, despite violent Maoist attacks intended to disrupt the election that left at least 17 dead. Staggered balloting for the nation's 543 parliamentary seats continues until May 13; counting will begin on May 16. Neither of India's two major parties is expected to win enough seats to declare an overall victory, so a new coalition government--including some of the country's smaller parties--could be formed after the election...

Author: /time Magazine | Title: The World | 4/23/2009 | See Source »

Dave Sayler, a camping specialist at the Seattle flagship store of REI, one of the country's largest outdoor-gear companies, has fielded all manner of ridiculous questions from rookies. "I try to keep a straight face," he says. "I've been asked if a tent will keep bears out." (For the record, the answer...

Author: /time Magazine | Title: Camping for the Hotel Set | 4/23/2009 | See Source »

Meanwhile, Kampgrounds of America (KOA), the largest system of private campgrounds in the U.S., is cashing in on the spike in family camping by touting its array of cabins and lodges. And yes, there are still places to pitch a tent. The company reported that 21% of its campers last year were first-time KOAers, the highest percentage in 18 years. Its campgrounds, where cabins start at about $45 a night, offer amenities that might turn off purists hoping to commune with nature; on a recent Saturday at a KOA in Newburgh, N.Y., a hay wagon full of kids singing...

Author: /time Magazine | Title: Camping for the Hotel Set | 4/23/2009 | See Source »

...Harvard Crimson: The establishment of the Office of Homeland Security constituted the largest government reorganization in half a century. What did it feel like to take on such a large role in homeland security after 9/11...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Ridge Criticizes Both Obama And Bush Administrations | 4/23/2009 | See Source »

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