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...locals out of work. The price of utilities has jumped. On top of that, the unpopular governor, a Kremlin-appointed former tax minister from Moscow named Georgy Boos, levied a new tax on drivers. During the worst bout of unemployment and economic decline in a decade, reports of Boos' lavish vacations to Europe have made many locals despise him. (See pictures of Russian police breaking up an anti-Kremlin rally...

Author: /time Magazine | Title: Anti-Putin Movement Gains Confidence in Russia | 3/7/2010 | See Source »

When construction began on the Burj Dubai - as the record-breaking tower was originally called - Dubai was in the midst of an epic boom, fueled by foreign speculators and one luxury development project after another. By the time the tower opened on Jan. 4 with a lavish fireworks display, though, the showmanship had faded. Weeks earlier, Dubai's biggest state-owned development company had declared it was unable to pay its debts. Officially, Dubai owes its creditors $80 billion, though a recent report by regional investment bank EFG-Hermes estimates that the city may be in the hole...

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

Hiding in the greenhouse of a lavish apartment on the Upper West Side of New York, the protagonist of “Eight White Nights” sees his life flash before his eyes as he tastes a spicy hors d’oeuvre. This moment appears to be directly inspired by Proust’s episode of the madeleine—in fact, André Aciman’s entire second novel reads like an exercise in bringing a feverish Proustian narrative to twenty-first century Manhattan. This novel, which blurs the boundaries between supermarket romance and literary fiction...

Author: By Sophie O. Duvernoy, CRIMSON STAFF WRITER | Title: Aciman Falters in 'Nights' | 2/17/2010 | See Source »

...Center for Bioethics at the University of Pennsylvania, doesn't think the trial will have much consequence for the questionable doctors who are enlisted by celebrities when they can't get aboveboard practitioners to pander to their needs. "Even with those tough charges, the combination of extraordinary wealth, lavish lifestyle and doctors who operate on the fringes of their profession almost guarantees a replay at some point down the road," he says. "Medicine hasn't figured out how to weed out the fringe operators, and celebrities haven't figured out that it isn't good for their health to have...

Author: /time Magazine | Title: Michael Jackson's Health: Why Do Doctors Coddle Celebrities? | 2/16/2010 | See Source »

When Las Vegas Sands threw a party last year to celebrate a milestone in the construction of its gambling resort on the shores of Singapore's Marina Bay, it was a lavish affair. A large white tent was erected on the site, where hundreds of reporters gathered to watch CEO Sheldon Adelson celebrate the roof being laid on the resort's three interlinked towers. As bongo drums pounded, Adelson, 76, turned to the architect of the project to thank him, but not before joking, "Couldn't you have designed it to look as good without the cost...

Author: /time Magazine | Title: With Casinos Set to Open, Singapore Rolls The Dice | 2/13/2010 | See Source »

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