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...chilling frugality may remain in the air, but buds of optimism for retailers are sprouting nonetheless. The National Retail Federation (NRF), in its 2010 outlook released Tuesday, Jan. 26, expects retail sales to rise 2.5% on average in 2010, reversing the 2.5% decline seen in 2009. "As we continue to see signs of improvement throughout the U.S. economy in 2010, overall sentiment will begin to lift, making way for slight increases in consumer spending," said Rosalind Wells, NRF's chief economist. Although shoppers will continue to be "frugal," - yes, even she expects it - retailers will benefit from leaner, smarter inventories...

Author: /time Magazine | Title: Retail Outlook: More Bargain-Seeking Shoppers | 1/28/2010 | See Source »

...some sense of control and not controlled by the center." Rajapaksa pledged to look at power sharing during the campaign, and Sri Lanka's Tamils are waiting to see whether those promises will be fulfilled. And the standoff outside the Cinnamon Lakeside suggests that the country's political turmoil may be far from over...

Author: /time Magazine | Title: Sri Lanka Re-Elects President; Loser Protests | 1/27/2010 | See Source »

...known whether Pope Benedict, who at 82 is considered in excellent health, has signed any specific new directives about his own succession. John Paul's stance on the issue, however, is largely seen as signaling a green light on papal retirement that Benedict may very well take into account if his own health begins to deteriorate. Conservative Catholic writer Vittorio Messori, who has co-authored books with both John Paul and Benedict, noted that the "canonical" question of resignation was never in doubt, citing Celeste V's decision to step down in the 13th century. (See the top 10 religion...

Author: /time Magazine | Title: Book: John Paul II Whipped Himself, Weighed Retiring | 1/27/2010 | See Source »

...Brigades. (He was in fact a Turkish nationalist named Mehmet Ali Agca, who last week was released from prison.) Also, beyond the self-flagellation, John Paul sought to move closer to God by sleeping on the hard floor of his papal bedroom. The physical suffering he inflicted on himself may in fact help propel him to sainthood faster than anyone before...

Author: /time Magazine | Title: Book: John Paul II Whipped Himself, Weighed Retiring | 1/27/2010 | See Source »

...thin prison clothes and broken shoes. If you wanted a warm drink, you had to drink your urine," he recounts. From there, he was sent by train to the Mauthausen concentration camp in Austria, where he stayed for four months until it was liberated by the U.S. Army in May 1945. When he was finally freed, Israel weighed a mere 64 lb. He gained 17 lb. after only a week in the Americans' care...

Author: /time Magazine | Title: Auschwitz 65 Years Later: One Survivor Remembers | 1/27/2010 | See Source »

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