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...Left to fend for themselves, residents of Rangoon rushed to the markets to stock up on plastic sheeting, food and water. In just two days, prices of some basic commodities had already quadrupled. Even before the cyclone hit, Rangoon was reeling from the price hikes that had sparked last year's civil protests; additional increases could push tens of thousands of shantytown dwellers from chronic malnutrition to starvation. Outside Rangoon, the fate of millions remains largely unknown, since roads are blocked and telephone lines are down. In a frightening glimpse of the storm's destructive power, the country's state...

Author: /time Magazine | Title: Center of The Storm | 5/8/2008 | See Source »

...wanted Serbia to join the E.U. and nationalists who wanted closer ties with Russia. Kosovo's declaration of independence tipped the balance in favor of the nationalists. Some 60% of Serbs say they want to join the E.U., but that number drops below 45% if they are told the price of E.U. entry is the loss of Kosovo. The ultranationalist Serbian Radical Party - which once advocated union with Russia and Belarus, and is now tied for first place with a coalition of more pro-Western parties - could enter government alongside nationalist Prime Minister Kostunica's DSS. Russia's ex-President...

Author: /time Magazine | Title: Kosovo's Curse | 5/8/2008 | See Source »

...Fine Jewelry, Nebraska Furniture Mart); ate where Buffett likes to eat (Gorat's Steak House); tried to beat him at bridge (they didn't); and spent five hours grilling him and his closest confidant, vice chairman Charlie Munger, on everything from owning 8% of Kraft Foods to how the price of tungsten will affect the Israeli toolmaker Berkshire invested in two years...

Author: /time Magazine | Title: Postcard: Omaha | 5/8/2008 | See Source »

...While older demographics continue to search for information on procedures such as face-lifts, liposuction or Botox, it's the younger Internet users who in tough economic times are focusing on improving their outer beauty, albeit at a discount price...

Author: /time Magazine | Title: The Young and Plastic Surgery Hungry | 5/7/2008 | See Source »

Hillary Clinton still believes that the realities of economic hardship can quash the politics of hope, that American voters will choose cheaper gas before inspiration, that stadium-sized crowds will never matter as much as the price of milk. In an era of tight wallets, she believes the fight of a hardscrabble realist is more powerful than the potential of a visionary...

Author: /time Magazine | Title: Clinton's Hard Road Gets Harder | 5/7/2008 | See Source »

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