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...cantons they move to; an annual lump sum is calculated, based on five times the rental value of the expat's Swiss home. Rates average around 30%, but vary among cantons - in Geneva, taxes are on the higher side, while in less crowded cantons like Zug (an increasingly popular spot for foreign hedge-fund managers) they can be less than 15%. For good measure, there's the added thrill of being able to call singer Shania Twain, tennis champion Boris Becker and Formula One stars Michael Schumacher and Lewis Hamilton your neighbors...

Author: /time Magazine | Title: Take the Money and Run | 2/6/2008 | See Source »

British development company Urban Space Management put in its bid for gritty glamor with Container City, a warren of 15 artists' studios fashioned from 20 recycled containers in London's Docklands district in 2001. The crated community proved so popular, it was expanded to 40 units a year later. Since then, Urban Space has constructed 27 other buildings from recycled containers around the U.K., including classrooms, a health center and a recording studio...

Author: /time Magazine | Title: Contain Yourself | 2/6/2008 | See Source »

...Aswany's rich tableaux of everyday lives and devastating social commentary have made him a wildly popular novelist in his native Egypt and the best-selling Arab writer both in the Middle East and abroad. A tale about the lives of various Egyptians living in Chicago, the book is already in its 12th Arabic print run, having sold 100,000 copies since its publication a year ago. Post 9/11, readers outside the Middle East are more interested than ever in understanding Arab societies, and many of them are becoming devotees of Al Aswany's writing. Last fall, a translation...

Author: /time Magazine | Title: Al Aswany: Drilling for The Truth | 2/6/2008 | See Source »

...intellectuals while also being accessible to Egyptians who normally have more time for Al-Ahly, their favorite football team. "He is read everywhere," says Lebanese novelist Elias Khoury, editor of Al-Mulhaq, the Arab world's leading literary supplement. "The importance of Al Aswany is that he reinvented the popular Egyptian novel, which had died. Literature cannot live without different levels of literary work...

Author: /time Magazine | Title: Al Aswany: Drilling for The Truth | 2/6/2008 | See Source »

...other problem with this rosy image is that it obscures Bhutto’s record. Her political power was almost completely derived from her father, Pakistan’s only genuinely popular democrat. She failed to capitalize on even this platform...

Author: By Vinay Sitapati | Title: Bhutto: Rebranding a Legacy | 2/6/2008 | See Source »

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