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...Sagra, Spain Spaniards refer to the crash of their once booming real estate and construction industries as a "crisis of bricks." In La Sagra, they take that phrase literally. Located about 40 miles (65 km) south of Madrid, the clay-rich county produces roughly 30% of Spain's bricks, and boasts the greatest concentration of brick works in Europe. But right now, La Sagra's factories aren't making much of anything. "The warehouses are full," says Carlos Duque, general secretary for the Castilla-La Mancha branch of MCA-UGT, the construction workers' trade union. "They just don't have...

Author: /time Magazine | Title: Postcards from Europe's Financial Bust | 10/15/2008 | See Source »

...designed to help. Pathak said that development should instead flow from the bottom up. This type of grass-roots development can be achieved with integral humanism, she added. To stress the importance of the project to India’s well-being, Pathak quoted Mahatma Ghandi’s phrase, “India is a nation of villages.” By returning to forgotten values, like those espoused by Ghandi himself, she said, the next generation of Indians may lead the country in a new direction. During her talk, Pathak compared an ideal village to the human body...

Author: By Madeleine M. Schwartz, CONTRIBUTING WRITER | Title: Director: Values Key in India | 10/13/2008 | See Source »

...rich, believing their wealth would trickle down into the wider economy. Brown also led the way for Britain to put in place a new governance system for financial services that he and other politicians like to refer to as "light-touch" regulation (although bankers and regulators cringe at that phrase; they prefer to call it "appropriate" regulation). In June 2007, just days before he replaced Tony Blair as Prime Minister, Brown gave a rousing speech at the traditional black-tie dinner in Mansion House, the residence of the Lord Mayor of the City, brashly predicting "an era that history will...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...squabbling. Thankfully, Vowell, author of the sharply funny armchair histories Assassination Vacation and The Partly Cloudy Patriot, injects a bit of Technicolor into her portraits of the stereotypically drab colonists: feisty prefeminist Anne Hutchinson, semicrazed zealot Roger Williams and the colony's first governor, John Winthrop, who coined the phrase city on a hill in a 1630 sermon to describe his hopes for the settlement. That vision--of a community of God's chosen people that would inspire the world--forms the core of Vowell's argument: that the Puritans' beliefs begot an American exceptionalism that, at its best, undergirded...

Author: /time Magazine | Title: The Skimmer | 10/9/2008 | See Source »

...points out that Palin was baptized as a child as a Roman Catholic, although there is no record that her family attended Catholic services before joining the Pentecostal church where she became saved at age 11. The candidate does not even claim the Evangelical label, instead using the code phrase "Bible-believing Christian" to describe herself. Palin's official biography on the McCain campaign website makes no mention of her religious affiliation...

Author: /time Magazine | Title: Does Sarah Palin Have a Pentecostal Problem? | 10/9/2008 | See Source »

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