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...checkpoint was grand political theater. On July 24, ousted Honduran President Manuel Zelaya, threatened with arrest if he ever again set foot in his homeland, ducked across the border before crowds of media and supporters--and then rapidly strode back into neighboring Nicaragua to set up camp. The action put Honduras' political crisis back in the headlines, and it set tensions boiling and troops firing tear gas on Zelaya's supporters nearby, prompting U.S. Secretary of State Hillary Clinton to dub the move "reckless...

Author: /time Magazine | Title: Spotlight: Honduras | 8/10/2009 | See Source »

This is the everglades that they put in brochures. Summer rains have raised the waters, and lily pads blooming in the searing sun give the sprawling wetlands a Monet mood. But as his airboat glides through the saw grass 30 miles west of Fort Lauderdale, Florida Fish and Wildlife Conservation (FWC) commissioner Ron Bergeron is looking for the worst invasive menace to threaten the River of Grass since sugarcane and the Army Corps of Engineers. "They like to sneak onto islands like this one," says Bergeron, 65, a self-described "glades cracker" who has spent almost as much...

Author: /time Magazine | Title: Postcard from The Everglades | 8/10/2009 | See Source »

...Iran Cracks in the Cabinet Following Iranian President Mahmoud Ahmadinejad's controversial June 12 re-election and the violent protests it sparked, a series of dismissals and resignations in his inner Cabinet have complicated efforts to put together a new government before the end of August. The departures appear to represent an ongoing schism among Iranian hard-liners in the protests' aftermath...

Author: /time Magazine | Title: The World | 8/10/2009 | See Source »

...another example, consider Michael and Kathryn Judge. The couple - a cardiac nurse and a nurse practitioner - bought a home in Boise's cottage-filled North End neighborhood in 1994. The Judges, members of that rare breed of Americans who stash a decent slug of income in savings, put down $50,000 and mortgaged the rest. A couple of years ago, they paid off the loan. "Friends used to say, you can cash out your equity and do so much stuff. You could travel," says Michael. "Well, instead of getting the four-wheelers and the boat, we paid off our house...

Author: /time Magazine | Title: How the Housing Market Is Fighting Its Way Back | 8/10/2009 | See Source »

...figures GMAC had already plowed about $88,000 per lot into the neighborhood by laying down streets and sewer lines. In the fire sale, he spent $52,000 a pop. And so the land was recycled - from an overextended national company to a more nimble local player able to put it to good economic use. It was, in its own small way, a step back to normal...

Author: /time Magazine | Title: How the Housing Market Is Fighting Its Way Back | 8/10/2009 | See Source »

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