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...Dubai asked. The aide was sent back to the drawing board, with instructions to design the highest structure not just in Dubai, not just in the Middle East, but in the world. When the Burj Dubai has its grand opening in January, it will be an 818-meter monument to the visionary autocrat who dreamed the Dubai dream - and, as it turns out, a conspicuous symbol of the hyper-ambition that now threatens the emirate with financial ruin. (See the top 10 bankruptcies...

Author: /time Magazine | Title: Dubai's Woes a Blow to Ambitious Ruler Sheik Mo | 12/1/2009 | See Source »

...Following the orders of God, Ibrahim is said to have built a monument at the site of the spring known as the Kaaba. Worshipers from all faiths traveled to revel at the site; in 630 A.D., the Prophet Mohammed led a group of Muslims there in the first official Hajj, destroying the idols placed there by polytheistic worshipers and re-dedicating the site in the name of Allah. The path that Mohammed and his followers traveled is retraced as part of the Hajj rituals which include making Hager's walk between Safa and Marwa, stoning the wall of Satan that...

Author: /time Magazine | Title: The Hajj | 11/25/2009 | See Source »

...week before the one-year anniversary of the Mumbai attacks, the Times of India reported that police officers assigned to round-the-clock duty guarding the Taj Mahal Palace and Towers Hotel had been provided with no quarters, so they were sleeping outside, under the Gateway of India monument...

Author: /time Magazine | Title: India Still a Soft Terror Target a Year After Mumbai | 11/23/2009 | See Source »

...1980s were a monument to Wall Street excess, witnessing some of the most notorious insider-trading prosecutions in history. Corporate raider Ivan Boesky - said to be an inspiration for the fictional Gordon ("Greed ... is good") Gekko, villain of the Oliver Stone film Wall Street - was sentenced to 3½ years in prison and fined $100 million in 1986 for insider trading. Financier Michael Milken, the "junk-bond king" who famously earned $550 million in 1987, avoided prosecution on similar charges by pleading guilty to other criminal counts. But the largest insider-trading conviction came two decades later, in 2007, when...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

...five-day schedule for a recent tour to the D.P.R.K. (my second, the first being in 2007) was packed tight with sightseeing. On arrival in Pyongyang, our coach whisked us from the airport to the Arch of Triumph, an imposing stone monument commemorating domestic resistance to Japanese colonial rule in the first half of the 20th century. At 200 ft. (60 m) high, it is willfully more immense than the Parisian Arc de Triomphe on which it has been modeled. Around its base, the scene was almost as it was two years ago. The 10-lane boulevard cutting through...

Author: /time Magazine | Title: Vacationing in Lovely... North Korea? | 11/4/2009 | See Source »

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