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...favorite American target, absorbing eight named storms in 2004 and 2005 alone. The state has gotten better at preparing for hurricanes, with stricter building codes and well-rehearsed evacuation plans. But it's still dangerously exposed - not only to the elements, but to financial ruin. It's got the nation's most dysfunctional property insurance market, a byproduct of life in harm's way. Fitch's ratings agency concluded in March that if a big storm hits Florida, "the fragile market could effectively collapse...

Author: /time Magazine | Title: Could Florida Survive the Big One? | 9/5/2008 | See Source »

...Katrina-like disaster (See photos of Hurricane Gustav here). But eventually, disaster will visit the peninsula, and it's still not clear who's going to pay the tab. "It's going to be a financial nightmare," says Cecil Pearce of the American Insurance Association. "Florida is the nation's basket case...

Author: /time Magazine | Title: Could Florida Survive the Big One? | 9/5/2008 | See Source »

...that Florida's vulnerability is a secret. Florida homeowners pay some of the nation's highest insurance premiums; in a recent poll, despite a housing crisis, an economic crisis, a water crisis and an environmental crisis, Floridians named those premiums their number-two concern about the state's future, behind property taxes but ahead of jobs, education, health care and the dying Everglades...

Author: /time Magazine | Title: Could Florida Survive the Big One? | 9/5/2008 | See Source »

...Saturday will not be the first time that the two countries have clashed on the soccer field. In July, a youth match saw Armenia win 2 -1. But Turkey's senior national side is currently ranked tenth in the world, and it would be a major upset for 98th-ranked Armenia to prevail. While Turkey is a soccer-mad nation (some 5,000 fans are traveling to the match on special visas issued by the Armenian government ) organizers are hoping that the two sides will keep their passions on the pitch. As for embracing the opposing side after the match...

Author: /time Magazine | Title: Can Soccer Heal Turkey-Armenia Rift? | 9/5/2008 | See Source »

...Arab interlocutor, Sarkozy appears to have turned to Qatar as the key intermediary to re-establish contacts and prepare visits and exchanges between Paris and Damascus. Evidence of Qatar's mediating role is clear in the fact that the Gulf State will participate, along with Turkey, in a four-nation summit Thursday during the second day of Sarkozy's Syria visit...

Author: /time Magazine | Title: France's Fling with Syria | 9/4/2008 | See Source »

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