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...Some economists worry that oversupply in both the residential and commercial real estate markets has already prompted a downturn in pricing, and that the recent government initiatives could lead to a hard landing. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the swimming venue for the 2008 Olympics. According to Colliers, commercial rents are now a shade lower than they were last year and residential prices have also begun to weaken. Residential prices, according to China Reality Research data, peaked late last year and are now headed...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

Glynis, a middle-aged artist who works in metals, takes the lead in the outrage stakes. She's mad at herself for not producing enough and at the art world for ignoring her, but she's most furious about having cancer, a rare form called mesothelioma, linked to asbestos exposure. Her family laments that illness is not bringing out the best in Glynis. She disagrees: "Maybe the best in me, to me, is hateful, vindictive and ill wishing ... I wish everyone else were ill, too." (See 10 health care reform...

Author: /time Magazine | Title: What Ails Us | 3/22/2010 | See Source »

...work of environmental protection has become more institutional and less personal. But Wayburn fought his battles hard and never made an enemy if he could avoid it. He proved that you can get bigger things done if you lead with vision, not rancor...

Author: /time Magazine | Title: Carl Pope | 3/22/2010 | See Source »

CELAC does reflect the U.S.'s declining hegemony in the western hemisphere. (For its part, the Obama Administration says it wants more of a "partnership" with Latin America instead of the traditional U.S. dominance.) But if history is any guide, it's doubtful that the situation will lead to anything like a Latin version of the European Union (E.U.). The Latin American landscape is littered with the acronyms of failed attempts to realize Simón Bolívar's dream of regional unity, and CELAC may well turn out to be little more than Calderón's attempt...

Author: /time Magazine | Title: As Brazil Rises, Mexico Tries to Amp Up Its Own Clout | 3/20/2010 | See Source »

...Brazil took a lead role in the Honduras crisis...

Author: /time Magazine | Title: As Brazil Rises, Mexico Tries to Amp Up Its Own Clout | 3/20/2010 | See Source »

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