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...trend toward sensibility is being driven by a shift in buyers. With home prices back to earth and federal dollars encouraging first-time owners, Generation Y is out shopping in a way it never has before. People in their 20s and early 30s aren't looking for large move-up homes, rather simple starters that put minimal space to efficient use. (See pictures of Americans in their homes...

Author: /time Magazine | Title: Downsizing: Today's Home Buyers Are Thinking Small | 9/28/2009 | See Source »

...Much of this dynamic growth has been export-driven, benefiting the low- and medium-technology sectors of the economy. But China is beginning to move up the technological ladder and is becoming more innovative in certain sectors such as electronics and biotechnology. The country has become a manufacturing superpower and the workshop of the world, producing two-thirds of all photocopiers, microwaves and shoes; 60% of cell phones; 55% of DVDs; over half of all digital cameras; 30% of personal computers; and 75% of children's toys, plus a wide variety of other goods...

Author: /time Magazine | Title: China at 60: The Road to Prosperity | 9/28/2009 | See Source »

...debate over the E.U.'s institutions should come to an end later this year, opening the way for a new wave of change. "We've had a decade of institutional masturbation, during which everyone lost their public opinion," one French government minister, speaking privately, says. "It's time to move on and become more political again." (Read: "The E.U.'s Future: Back in the Hands of Irish Voters...

Author: /time Magazine | Title: Can France and Germany Fall in Love Again? | 9/26/2009 | See Source »

...Micheletti camp, which denies Zelaya's ouster was a coup, says Zelaya was booted out because he defied a Supreme Court order not to hold a non-binding referendum on whether to convene a special assembly to reform Honduras' Constitution. The move, say Zelaya foes, was a veiled attempt to eliminate presidential term limits and usher in Chavez-style socialism. But Zelaya, while arguing the Constitution needs to be modernized to better help the 70% of the population who live in poverty, says the referendum "was an opinion poll, and it never once mentioned extending presidential term limits...

Author: /time Magazine | Title: Honduras Quagmire: An Interview with Zelaya | 9/26/2009 | See Source »

...ever allowed. Could you ever foresee changing the constitution to enable you to serve a third term? No, our constitution is a very good and vast constitution. We think that if anyone wants to get any work done, two tenures in office is sufficient. So, the opportunities have to move. I think that this principle laid out in the constitution is a very wise one, so I will definitely hold up the principles of the constitution and the continuity of those principles. There are individuals in Iran who are very capable and very many of them. There are so many...

Author: /time Magazine | Title: TIME's Interview with Iranian President Mahmoud Ahmadinejad | 9/25/2009 | See Source »

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