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...consumers in the late '50s, folk music was the Kingston Trio, with their frat-boy élan and their repertoire purloined from Seeger and other traditionalists. Then one man suggested that the genre could be bigger. "The American public is like Sleeping Beauty, waiting to be kissed awake by the prince of folk music," said Albert Grossman, a Chicago entrepreneur, at the first Newport Folk Festival, in 1959. Bob Dylan, whose manager Grossman became in 1962, may have been that prince, but the raspy-voiced kid needed troubadours to sell his message to the masses. Grossman had seen Travers perform...

Author: /time Magazine | Title: Folk's Beloved Princess: Mary Travers Dies at 72 | 9/17/2009 | See Source »

Aggrawal doesn't expect luxury retail sales to rebound until late 2010 or 2011 at the earliest. (See The Luxury Index...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

...exactly what you'd expect to find either. First, it's not in the United States. Yanga, on Mexico's Gulf Coast, is a sleepy pueblito founded by its namesake, Gaspar Yanga, an African slave who led a rebellion against his Spanish colonial masters in the late 16th century and fought off attempts to retake the settlement. The second thing that is immediately evident to vistors who reach the town's rustic central plaza: there are virtually no blacks among the few hundred residents milling around the center of town...

Author: /time Magazine | Title: Blacks in Mexico: A Forgotten Minority | 9/15/2009 | See Source »

...Prevailing stereotypes paint the group as happy to live the simple life apart from the rest of society, with no interest in education. The all-black shantytowns near Yanga lack schools, and eager young migrants who move to bigger cities for work complain of blatant discrimination. A report released late last year by Mexico's Congress said that roughly 200,000 black Mexicans who reside in the rural areas of Veracruz and Oaxaca and in tourist cities like Acapulco are out of the reach of social programs like employment support, health coverage, public education and food assistance...

Author: /time Magazine | Title: Blacks in Mexico: A Forgotten Minority | 9/15/2009 | See Source »

...Since late 2006, Somalia's chaos has been felt ever more keenly around the world. The Islamists, under the umbrella organization of a group called the Islamic Courts Union, briefly took control of Mogadishu in spring 2006. But radicals in their ranks declared a jihad on neighboring Ethiopia - a mixed Muslim and Christian country - and Ethiopia invaded Somalia in December of that year. U.S. special operations troops hitched a ride with that operation, using the opportunity to track down the U.S. embassy bombers and any other al-Qaeda operatives in the country. During that invasion, al-Qaeda bombmaker Tariq Abdullah...

Author: /time Magazine | Title: Striking al-Qaeda in a Terrorist Breeding Ground | 9/15/2009 | See Source »

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