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...behind all that confidence, I figure, must be some hard lessons learned. This is the man who has been taught the main moral of this recession better than anyone else: you can't borrow more than you can afford to repay. His debt is going to be hard to dig out of even if things get better soon. So when I ask how long it will be before he'd even consider getting a loan for more expansion, I expect him to apologize for his recklessness and pledge to become a saver. Instead, he sits up, widens his eyes...

Author: /time Magazine | Title: Less Vegas: The Casino Town Bets on a Comeback | 8/14/2009 | See Source »

...scarcity of resources one reason for conflict; between nomads and peasants; and between nomads themselves because grazing lands have become limited due to the decline in rainfall. Conflict, therefore, between youth that herd their livestock is likely. We maintain that there is a problem in Darfur, and its main reason is environmental before anything else. (Watch PBS's video of Sudan's al-Bashir seeking relations with the west...

Author: /time Magazine | Title: Omar al-Bashir Q&A: 'In Any War, Mistakes Happen on the Ground' | 8/14/2009 | See Source »

...former President Mohammed] Khatami, [former Prime Minister and presidential candidate Mir-Hossein] Mousavi and [presidential candidate Mehdi] Karroubi in this coup?" asked Yadollah Javani, the organization's political chief, referring to the alleged plot by the opposition to subvert the regime by way of protests. "If they are the main agents, which is the case, judiciary and security officials should go after them, arrest them, try them and punish them." (See pictures of the turbulent aftermath of Iran's election...

Author: /time Magazine | Title: The Revolutionary Guards: Gaining Power in Iran | 8/13/2009 | See Source »

...years ago, the hour-long drive between Liberia's main airport and the center of the capital Monrovia was both dangerous and terrifying. Even after the end of the civil war in 2003, the road was insecure and pockmarked with potholes. But when Secretary of State Hillary Clinton drove into Monrovia through the rain this morning she did so over new tarmac and with no threat of attack. Infrastructure and security are the foundations on which Liberia's President Ellen Johnson Sirleaf wants to rebuild her country...

Author: /time Magazine | Title: Clinton Bolsters Liberia's Embattled President | 8/13/2009 | See Source »

...researchers also conceded that closing schools could have unintended consequences. Up to one-third of healthcare workers in developed economies are the main carers for dependent children. Close schools and many of those people would have to take time off, compromising the effectiveness of health services. Mass absenteeism could also damage already fragile economies. The U.S. government has said that the decision on whether to close schools will rest with local officials. In China, no plans to close schools have been announced, but the authorities have urged educators to limit all unnecessary travel and gatherings. But plans may change suddenly...

Author: /time Magazine | Title: Inside the Fight Against a Flu Pandemic | 8/12/2009 | See Source »

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