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The result - since expensive houses tend to sit next to other expensive houses - is certain neighborhoods practically become no-sale zones. Rich Toscano, a financial adviser at Pacific Capital Associates in San Diego, crunched listings data for his metro area and found that while sales for the 20 most-expensive...

Author: /time Magazine | Title: Home Sales Perk Up, but Expensive Houses Languish | 7/1/2009 | See Source »

"Thirteen years after the end of the tests in the Pacific, the bill I am presenting today is to allow our country to serenely close a chapter of its history," Defense Minister Hervé Morin told the lower house on June 25, as he proposed the legislation for debate. "France...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

So don't expect government intervention on the demand side - through education campaigns, tax incentives or targeted subsidies - to rein in our cravings. But in the energy arena, several states have already proved that rationalizing incentives on the supply side can transform the landscape. In most of the country, per...

Author: /time Magazine | Title: The Key to Fixing Health Care and Energy: Use Less | 6/29/2009 | See Source »

With such a reliance on developing oil revenue, Ecuador recognizes that its miles of jungle face unprecedented risk. The planned highway linking the Pacific Ocean to the Napo River will cause damage hard to assess before it strikes. With the large variability and low populations that characterize Amazon eco-systems...

Author: By Alexander R. Konrad | Title: A Cloudy Future in Ecuador’s Rainforest | 6/26/2009 | See Source »

The Obama Administration has identified 10 major regional corridors for HSR funding: three in the heavily populated Northeast (where the quasi-high-speed Acela train is already in use), then the Southeast coast, Florida, the upper Gulf Coast, the Midwest (dubbed the Chicago Hub), Texas (South Central), the Pacific Northwest...

Author: /time Magazine | Title: U.S. Stimulus Puts Bullet Trains on the Fast Track | 6/22/2009 | See Source »

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