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...couple who had 900 sheep. These people, who had been at it for decades, couldn’t raise enough sheep to make a suitable living because the government regulated how many sheep each family could own. The man told us how much he loved raising sheep but how low-level government officials kept him from adequately feeding his family...

Author: By Chelsea L. Shover | Title: China's Forgotten People | 8/8/2008 | See Source »

...living on less than a dollar a day, and microcredit can provide a respite, allowing people time to regain their health or weather climate fluctuations without starving. At this moment, access to credit is the most important boon of microfinance, regardless of whether the interest rate is high or low. Change is occurring. Interest rates have been falling with competition innovation in the industry. The Kiva organization allows people in countries such as the United States to lend money to certain banks in developing countries. Lenders don’t receive any interest on their loans, so this type...

Author: By Charles A. Lacalle | Title: Finance in the Third World | 8/8/2008 | See Source »

...roads, Zhao bicycles slowly home through the August heat; guards at every intersection force him to dismount for security inspections. When he finally does get home, his favorite dish of kidney and beans tastes awful. Because of endless delays caused by inspections of goods transported into the capital, only low-quality food is available at the markets, his wife tells him. "We can't even have a decent meal because of the Olympics?" Old Zhao says in a fit of anger. "Do those foreigners who are coming to Beijing for the Games get to eat vegetables...

Author: /time Magazine | Title: An Olympic-Sized Security Blanket | 8/8/2008 | See Source »

Meanwhile, many obstetricians are trying to meet women halfway, through hospital-affiliated natural-birth centers. These centers are often located near regular hospitals and boast low episiotomy and C-section rates. The decision about where to give birth "is not black and white," says Lake, who is on the board of a $7 million birthing center set to open in Manhattan in 2010. "It's amazing, the technology we have. But we are losing the value of normal, natural birth." Nationwide, the number of birthing centers is growing by about 5% a year. But what might seem like an ideal...

Author: /time Magazine | Title: Giving Birth at Home | 8/7/2008 | See Source »

...deterred by it. Nineteen months later, Obama, now a worldwide celebrity and the presumptive Democratic nominee, is heading to his native Hawaii for a weeklong vacation, with dozens of reporters in tow shadowing his every move from getting a haircut to biking with his daughters. No matter how low-key his intentions, there's little chance of the trip not looking like victorious Caesar returning from the front: not only did Obama win the Aloha State's primary and the Democratic nomination, he is arguably already the best-known Hawaiian native ever...

Author: /time Magazine | Title: When Obama Goes Home to Hawaii | 8/7/2008 | See Source »

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