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...York Times op-ed this weekend, Suketu Mehta, the author of an award-winning chronicle about life in Mumbai, wrote that he was already booking plane flights to his childhood city. He was going to have a drink at Leopold Café, which has reopened for business. It was his way of fighting back...

Author: By Lois E. Beckett | Title: A New Coming of Age | 12/4/2008 | See Source »

...lanky, 34-year-old architect, says he found in Soka Gakkai "a philosophy that can help us navigate these incredibly complex lives that we're living." He adds, "It doesn't require me to live in the mountains. It's a pragmatic way to live my life." Sunita Mehta, 60, a non-profit executive who's been part of the group for 13 years, says she's noticed that the newer members aren't the typical spiritual seekers: many are scientists, doctors or academics. Members chant privately, but meet regularly in each other's whitewashed apartment buildings and bougainvillea-shaded...

Author: /time Magazine | Title: India's New Buddhists | 7/15/2008 | See Source »

This month Taylor Wimpey, Britain's biggest housebuilder, failed to secure badly needed new funding from existing shareholders or new investors; its stock has dropped by 95% in the past year. Several Spanish homebuilders and construction firms are also struggling. Hetal Mehta, an economist at Ernst & Young in London, says U.K. house prices - which have dropped about 8% from their peak last year - could fall another 10%. Deutsche Bank figures the total drop could be closer to 25% by the end of 2010. Whatever the eventual decline, housing woes are already casting a chill on spending. For example, says Mehta...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

Financial Risk Across Europe, banks have put a brake on their lending, both to individuals and to companies. Indeed, credit conditions have so drastically tightened that Mehta of Ernst & Young jokes that, for a first-time home buyer in the U.K. these days, "getting a mortgage is like winning the lottery." That's an inevitable reaction to a slowing economy and the worldwide financial squeeze triggered by the U.S. subprime debacle. What nobody can predict with certainty is whether there are any huge financial risks still lurking undetected; in the aftermath of the subprime crisis it turns out that many...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

...Indian IL-76 transport plane flew to Kabul Monday to retrieve the bodies of four diplomats killed in a suicide bombing at India's embassy in the Afghan capital. The dead, who numbered 41, included a brigadier general, R.D. Mehta, who had started his post just five months ago and a foreign service officer, V.V. Rao, whose two-year tour of duty in Kabul was about to end. The bombing is likely to have regional ramifications, both for India's relations with the neighborhood and those of every other country supporting Afghan President Hamid Karzai...

Author: /time Magazine | Title: Afghan Bombing Fuels Regional Furor | 7/7/2008 | See Source »

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