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...around 5 p.m. on April 2, local police and officers from the Philippines National Bureau of Investigation descended on a four-story warehouse in suburban Manila. They were acting on a tip-off about possible illicit activity. But the agents weren't searching for drugs or knockoff Rolexes. They were looking for rice. The inspection was part of a nationwide effort to nab profiteers who, taking advantage of sky-high prices for Asia's most basic food, are suspected of repackaging government-subsidized rice and reselling it at higher market rates. Officers have had some success, discovering 27,000 bags...

Author: /time Magazine | Title: No Grain, Big Pain | 4/10/2008 | See Source »

...rice has no good substitute in many Asian diets. In Mandarin, the word for rice is also the word for food. The Thai phrase "to eat" translates as "eat rice." "Rice isn't just another commodity," says Robert Zeigler, director general of the International Rice Research Institute in Manila. "In Asia, rice has cultural, social and, in many places, even a religious role, so it carries much more psychological weight." Indeed, Asian nations have reacted to the mere prospect of shortage with something close to hysteria. The Philippines government has threatened to charge rice hoarders with economic sabotage - a crime...

Author: /time Magazine | Title: No Grain, Big Pain | 4/10/2008 | See Source »

...weather and pest outbreaks hurt harvests. In the Philippines, where some 68 million people live on less than $2 a day, the government recently urged restaurants to halve their portions of rice. Credit Suisse estimates a shortage could cost the Philippines up to 1% of GDP in 2008. Manila resident Evelyn Belo, who waited in line for an hour last week to get a 110-lb. (50 kg) bag to feed her family of five, is feeling the pain. "It's very hard to feed my family already, and now we're worried that the rice will...

Author: /time Magazine | Title: No Grain, Big Pain | 4/10/2008 | See Source »

...criticize. Starting at 8 p.m. on Saturday, March 29, in Christchurch, New Zealand, citizens from around the world turned off their lights for an hour, to draw attention to the connection between energy use and climate change. From New Zealand, the event moved westward with the sun to Australia, Manila, Dubai, Dublin, New York, Chicago and finally San Francisco, where both the Bay Bridge and the Golden Gate Bridge went dark for an hour. Carter Roberts, head of the World Wildlife Fund (WWF), which sponsored Earth Hour, said the global event was designed to "make a statement about our commitment...

Author: /time Magazine | Title: Earth Hour '08: Did It Matter? | 3/27/2008 | See Source »

...What steps have you undertaken to minimize incidents or allegations of game fixing by the referees? -J. Raphael Licauco, Manila, PhilippinesWe're putting in new and more sophisticated computer programming and screens, to see what irregularities pop out. We're doing new background checks, in a deeper way, on a more continual basis. We're cutting off pre-game information for the referees, once they go into the locker room. We're in the process of setting up hotlines to receive particular types of information. And we're looking into a greater group of activities, some of which I would...

Author: /time Magazine | Title: 10 Questions for David Stern | 3/12/2008 | See Source »

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