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Kamchatka's economy has collapsed in the wake of perestroika , as subsidies from the central government have dried up. Corruption is rampant, with poachers depleting the region's vast fisheries. Nature reserves are under threat from mining and energy projects. Electricity is frequently shut down, even during the brutal winters...

Author: /time Magazine | Title: Russia's Land of Ice and Fire | 1/20/2003 | See Source »

Stewart's mining of Mongol history is fascinating. Who knew, for example, that Khan's son supposedly considered massacring China's entire population? But the author's real strength is in sketching the characters he encounters: a Dickens-loving Russian pimp, a shy newlywed, a Mongolian librarian of Chekhovian futility...

Author: /time Magazine | Title: Trailing Genghis | 1/20/2003 | See Source »

Longshan's residents are not given to complaining, though they inhabit one of the world's most inhospitable corners. Here, in this frozen stretch of wasteland in Heilongjiang province on the Chinese side of Siberia, the scenery is so desolate that its most notable features are heaps of coal piled...

Author: /time Magazine | Title: Blow Your House Down | 1/20/2003 | See Source »

Although Wal-Mart's stores may look identical, the company is pinning some of its growth prospects on the idea that what goes into them won't be. Wal-Mart's next competitive weapon is advanced data mining, which it will use to forecast, replenish and merchandise on a micro...

Author: /time Magazine | Title: Can Wal-Mart Get Any Bigger? | 1/13/2003 | See Source »

(2 of 2) At ASDA the company was selling men's jeans for about $24 after paying $15.31 per meter for just over 45,000 meters of material to make them. Then the buy was moved to Bentonville, and the conversation went something like, "We'd like 5.5 million meters...

Author: /time Magazine | Title: Inside The World's Biggest Store | 1/12/2003 | See Source »

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