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...some market watchers point out that the run-up in emerging markets has left stocks pretty darn pricey. The average price-to-book ratio for such equities has been in the neighborhood of 1.5 to 2 since the mid-1990s, says Schweitzer. Today that ratio is closer to 2.25. "We've had a correction," he says, "but they are still expensive relative to their own history." That's part of the reason Schweitzer is currently finding more value for his money in developed markets like Western Europe...

Author: /time Magazine | Title: global investing: The Allure of Over There | 8/20/2006 | See Source »

...growing list of British extremist converts: Currently serving a life sentence for trying to blow up an American Airlines flight from Paris to Miami in December 2001 is "shoe bomber" Richard Reid, who is believed to have converted to Islam while in a young offenders' prison during the mid-1990s. And one of the July 7 London bombers, Jamaican-born Germaine Lindsay, reportedly changed his name to Jamal when he converted and was married to a white woman, also a convert, with whom he had a young...

Author: /time Magazine | Title: Profiling the Suspects:
Converts to Islam | 8/11/2006 | See Source »

...Over the past decade, inflation has been a minor threat compared with brutal deflationary shocks. They started with the collapse of the Mexican peso in the mid-1990s. In 1997, much of eastern Asia's flourishing economy was leveled. Next were Russia, Turkey and Argentina; Brazil teetered on the brink. By early 2001, Silicon Valley, the pride of the U.S. economy, was crashing, while entire sectors of the so-called New Economy disintegrated...

Author: /time Magazine | Title: Are the Inflation Fears Justified? | 6/14/2006 | See Source »

...indulge their sweet tooth. FITS found that 10% of 4-to-6-month-olds consume desserts, sweets or sweetened beverages daily. By the time they are 2, 60% of toddlers eat some kind of pastry every day. Although added sugar was removed from most jarred baby foods in the mid-1990s, baby-food companies continue to offer dessert lines with flavors such as vanilla custard pudding and peach cobbler, loaded with sugar and starch. Early exposure to intensely sweet foods has long-term consequences, says Amy Lanou, a senior nutrition scientist for the Physicians Committee for Responsible Medicine, a Washington...

Author: /time Magazine | Title: Rethinking First Foods | 6/11/2006 | See Source »

...mid-1990s, the Centers for Disease Control and Prevention and the American College of Sports Medicine published a report declaring that moderate exercise was just fine--anything from washing the car for an hour to gardening for 45 min. to raking leaves to taking a leisurely stroll around the block. And it didn't even have to be all in one shot. Three short walks, for example, could substitute for one longer one. Since then, the Surgeon General, the National Institutes of Health and the President's Council on Physical Fitness and Sports have all come out with similar guidelines...

Author: /time Magazine | Title: Eat Your Heart Out | 6/7/2006 | See Source »

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