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...Shopper traffic well surpassed our expectations," says Krugman. However, the dip in spending left him cautious, and he continues to project a 1% sales decline for the total holiday season...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

...promises his next project won't deviate much from his trademark nihilism. He starts shooting next summer what he describes through stifled laughs as "a film about the decomposition and the humiliation of the human body in old age." Sounds like vintage Haneke - no soppy happy ending in sight...

Author: /time Magazine | Title: Michael Haneke's Film Noir | 11/30/2009 | See Source »

...Money Tree Ulu Masen received a boost last year when U.S. bank Merrill Lynch pledged to invest $9 million over four years. "That gave the project a lot more certainty," says Dorjee Sun, chairman of Sydney-based firm Carbon Conservation, which is helping Aceh's provincial government devise the scheme. "It showed there was appetite from investment banks to buy these credits." Merrill Lynch calls Ulu Masen "the world's first commercially financed avoided deforestation project." Money has been followed by political muscle: a year later, Arnold Schwarzenegger of California, along with the governors of Wisconsin and Illinois, signed...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...Truth commissions do not charge people with crimes; they only reveal facts based on excavations and testimonies that in theory allow the victims to move on. But the South Korean project poses a unique problem. Formed a half-century after the war, many victims and perpetrators have already died, complicating the processes both of fact-finding and bringing justice. Critics have questioned the value of delving so deeply into a violent era, after South Korea has already moved on to become one of the world's wealthiest democracies. Still, the long-hidden information about tactics used in a brutal...

Author: /time Magazine | Title: Is Time Running Out to Dig Up S Korea's Mass Graves? | 11/27/2009 | See Source »

Janovec, who looks more like a ZZ Top guitarist than an expert on the nutmeg tree, is constantly darting about as he coordinates the Andes to Amazon Biodiversity Project that has documented new species of bugs, birds and plants. He has a revolving door program that continuously brings in other specialists. In early November he was sharing Quince Mil with Russ Van Horn, a leading expert in bears from the San Diego Zoo, and Eric Christenson, a renowned botanist from Florida specializing in orchids. Their days begin at 4 a.m. and extend late into the night. Christenson has already identified...

Author: /time Magazine | Title: How a Little Town in Peru Is Becoming a Hotspot | 11/26/2009 | See Source »

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