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...soon after Hill claimed victory, the North upped the ante, as it had in the case of the frozen bank assets. Kim Kae Gwan asserted that in his weekend talks with Hill, the U.S. had agreed to take Pyongyang off its annual list of state sponsors of terrorism. It's a goal the North has long sought, and not just for face-saving reasons: membership on the list, alongside nations such as Iran and Syria, denies North Korea access to economic benefits like low-interest World Bank loans. The February agreement had held out the possibility of such a deal...

Author: /time Magazine | Title: North Korea's Hard Nuclear Bargain | 9/4/2007 | See Source »

...easiest, yet least lucrative, way to invest in foreclosed homes is to buy one after it has been repossessed by the bank. Many lenders list REO ("real estate owned") homes on their web sites, and large auctions run by outside companies are gaining serious traction, too. These are outfits like Hudson & Marshall and Real Estate Disposition Corporation (REDC) that come to town, advertise like crazy, then auction off hundreds of bank-owned properties in a hotel ballroom in a single day. In the current climate, business has taken off: Hudson & Marshall is selling 40% more homes now than...

Author: /time Magazine | Title: The Boom in Foreclosure Investing | 8/31/2007 | See Source »

...list English-language slate is just a small part of the TIFF experience. At its inception in the '70s, it was called the Festival of Festivals, and that name still applies: all kinds of genres, dozens of national cinemas, play to an equally diverse audience. Indeed, TIFF could split itself into eight or 10 different festivals, run throughout the year, instead of the one smorgasbord from which no one can get his or her fill...

Author: /time Magazine | Title: The Directors | 8/29/2007 | See Source »

...This TIME Magazine poll was conducted by telephone between August 22-26, 2007 among a random sample of 519 registered voters in Iowa, age 17 and older, likely to attend the 2008 Democratic caucuses. The sample source was a list of registered Democratic and Independent voters in Iowa provided by Voter Contact Services. These registered voters were screened to determine their likelihood of attending the 2008 Iowa Democratic caucuses. Likely voters included in the sample included those who said they were 100% certain that they would attend the Iowa caucuses, or probably going to attend and reported that they...

Author: /time Magazine | Title: TIME Poll: Edwards On Track in Iowa | 8/29/2007 | See Source »

...list of injustices Spanish farmers face - falling subsidies, erratic weather, irksome E.U. regulations - add the humble mountain vole. Few worried when the furry rodents first appeared on the plains of Castilla-León last fall. But by summer, a curious nuisance had become a devastating plague. These days, an estimated 750 million voles are marauding their way through central Spain's alfalfa, beets, potatoes and even vineyards. According to figures released by the regional government at the start of August, they have ravaged some 260,000 hectares (more than 1,000 sq. mi.) and caused at least 30 million...

Author: /time Magazine | Title: Invasion of the Booty Snatchers | 8/29/2007 | See Source »

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