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...President's disastrous legacy is only too apparent in Gabon's two main cities, the capital Libreville and the economic center of Port-Gentil. Dealerships selling Land Rovers and Hummers (to negotiate all the giant potholes) thrive, while hypermarkets sell $400 bottles of wine and the city's restaurants and bars serve more champagne per capita than Paris. But the riches enjoyed by a few have made Libreville and Port-Gentil among the most expensive on earth. Despite its large size and seas teeming with fish, almost all food is imported from Europe, entrepreneurialism has all but evaporated...

Author: /time Magazine | Title: Gabon Faces Bongo's Disastrous Legacy | 6/10/2009 | See Source »

...everything. We've already voted twice since everybody else last voted in November. Thanks to the endless ballot-initiative system, in the four years that I've been here, I've voted on all kinds of stuff I have absolutely no understanding of: high-speed rail lines (yes!), port security (sure!), children's-hospital bonds (of course!) and how chickens should be housed (humanely and not by me!). I have considered running for the state legislature just because I think those guys vote less often. (Watch a video about voting in the 2008 presidential election...

Author: /time Magazine | Title: Joel Stein on California's State of Insanity | 6/8/2009 | See Source »

When waves of Jewish immigrants arrived in the 1930s, escaping the rise of Nazism and persecution in Europe, Tel Aviv had to expand to accommodate them. Back then, it was the ancient Arab port of Jaffa, with a few Jewish settlements trying to take root in the nearby swamps and sand dunes. Most of the arriving immigrants were young, poor but fairly well educated and idealistic, and Tel Aviv's city planners sought an egalitarian architectural style in sync with the socialistic winds sweeping through Europe. They turned to Bauhaus. Founded in Weimar in 1919, the International or Bauhaus style...

Author: /time Magazine | Title: Tel Aviv: Plain Beautiful | 6/3/2009 | See Source »

...Apart from Germany, GM Europe has factories in Belgium, Spain, Poland and Britain. It's not clear whether Magna will shut down the two Vauxhall factories in Luton and Ellesmere Port in the U.K., which employ 5,000 workers. The British Business Secretary Lord Mandelson grumbled that Magna had been "vague about their job and business plans." There are also questions over the robustness of Magna, which has been hit hard by the global downturn. Magna said during the negotiations it would cut 10,000 jobs across Europe, with the axe falling on around 2,500 jobs in Germany...

Author: /time Magazine | Title: Merkel Saves Opel From GM's Fate | 6/1/2009 | See Source »

...Unlike Georgia's other separatist region, Abkhazia, which has a port and a coast attractive for tourists, South Ossetia has scant economic activity, making it largely dependent on Russia. Kokoity has frequently expressed hopes that South Ossetia would join North Ossetia, across the border in Russia proper, to recreate Alania - the land South Ossetians see as their ancestral homeland. But Russia, mindful of international disapproval for changing borders by force, has announced no plans to absorb the region into the Russian Federation...

Author: /time Magazine | Title: South Ossetia's No-Hope Elections | 6/1/2009 | See Source »

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