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...problem is that these groups have been hit in all three of their main revenue streams. For many of them, audiences are down sharply, because in a recession a theater ticket or concert seat can seem like an indulgence. Meanwhile, with corporate profits tanking and charitable endowments badly deflated, donations and underwriting have also been drying up. And as state and local governments contend with huge deficits, arts spending has been a major casualty. In Michigan, where the struggling Detroit Institute of Arts recently laid off 20% of its staff, the 2010 budget proposed by Governor Jennifer Granholm would...

Author: /time Magazine | Title: Culture Crunch: The Recession and the Arts | 6/8/2009 | See Source »

...According to Gautier, stallholders on Sukhumvit are not the main beneficiaries of transactions like mine. Criminal gangs are behind Asia's black market in fake goods, and misguided shoppers like me inadvertently support child labor, human-trafficking and other nefarious undertakings by indulging in the cheap goods. The directness of the revelation is sobering. "Money spent on counterfeits is easy profit for criminal organizations," the soft-spoken French native insists, "and supports other activities like prostitution and drugs...

Author: /time Magazine | Title: Knock It Off: A Thai Museum for Counterfeit Goods | 6/8/2009 | See Source »

...attacks since the army launched a wide-ranging military operation in the Swat Valley and two neighboring districts in a bid to wipe out the Taliban. Manned entries to the city have been beefed up with increased numbers of policemen searching vehicles, while sentries at all checkpoints lying athwart main roads have been given instructions to exercise greater vigilance...

Author: /time Magazine | Title: Fears Escalate Over Violence in Islamabad | 6/6/2009 | See Source »

Last month, the cities of Lahore and Peshawar were rocked by massive blasts on successive days. The attack on Lahore targeted the office of the city's police chief and the regional headquarters of Pakistan's main intelligence agency, the Inter-Services Intelligence, commonly known as the ISI. At least two dozen people were killed by the blast that caused widespread damage and injured over 300. The Taliban later claimed responsibility. Hakimullah Mehsud, a deputy of notorious Taliban commander Baitullah Mehsud, warned the residents of major cities to flee before they struck again...

Author: /time Magazine | Title: Fears Escalate Over Violence in Islamabad | 6/6/2009 | See Source »

Moments after Saturday's attack in Islamabad, Interior Minister Rehman Malik condemned the suicide bombing as "a cowardly attack" mounted after "the defeat" of the Taliban in Swat. While the army has claimed a flurry of successes, including clearing the main town of Mingora and killing more than 1,300 Taliban fighters, a decisive victory is yet to be achieved. The army says that it is still facing "pockets of resistance," and the senior leadership remains elusive. Many of the militants have fled the area, believed to have melted away into the valley's snow-capped mountains, the tribal areas...

Author: /time Magazine | Title: Fears Escalate Over Violence in Islamabad | 6/6/2009 | See Source »

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