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...Vegas Strip by 2006. With 54% of GDP in 2007 coming from gaming, Macau has become somewhat of a one-trick pony that has neglected to develop other sectors. "The gaming industry has been growing at the expense of other industries," says Chan, who stresses that small- and medium-size businesses cannot match the high salaries offered by the casinos. The local government evidently agrees: In his annual policy address on Nov. 11, Ho announced a $1.3 billion stimulus package of infrastructure improvements, income tax cuts, and cash handouts of roughly $640 per citizen. "Anything that allows the industry some...

Author: /time Magazine | Title: Dark Days Ahead for Macau, Asia's Las Vegas? | 11/14/2008 | See Source »

...meandering quality of 2666 has its own logic and its own power, which hits you all the harder because you don't see it coming. How can art, Bolaño asks, a medium of form and meaning, faithfully reflect a world that is blessed with neither? That is in fact a cesspool of randomness and filth? An orderly book, all signal and no noise, would not be a true book. To mirror a broken world, to speak the unspeakable, you need a broken book. That Bolaño should have died and left his book an orphan might even have struck...

Author: /time Magazine | Title: The Broken Book | 11/13/2008 | See Source »

...logic and its own power, which builds into something overwhelming that hits you all the harder because you don't see it coming. This is a dangerous book, and you can get lost in it. How can art, Bolaño is asking, a medium of form and meaning, reflect a world that is blessed with neither? That is in fact a cesspool of chance and filth? In Part 2 of 2666 the philosophy professor, whose name is Amalfitano, recreates one of Marcel Duchamp's ready-made artworks: he hangs up a geometry textbook outside his house by a string...

Author: /time Magazine | Title: Bolaño's 2666: The Best Book of 2008 | 11/10/2008 | See Source »

Although the level of daily violence has dropped off markedly over the past year, there has been a steady uptick in recent weeks. The increased violence comes at a time of growing uncertainty in Iraq. On the medium-term outlook, American and Iraqi negotiators continue to bicker over the wording of a bilateral security agreement that will authorize the presence of U.S. troops after the U.N. mandate governing their mission expires at the end of this year. If an agreement is not reached, or a new U.N. mandate not issued, U.S. troops may be confined to their bases...

Author: /time Magazine | Title: In Baghdad, Blasts from the Past | 11/10/2008 | See Source »

...Alright, so maybe custodians of The Beatles catalog made the right decision in staying out of the video game business this long. But in a medium where music selections have ranged from decent to downright awful, the inclusion of The Beatles is a sign that it’s getting better all the time...

Author: By Jeffrey W. Feldman, CRIMSON STAFF WRITER | Title: A Magical Mystery Tour of Video Game Music | 11/6/2008 | See Source »

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