Word: quarterlies
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...overhang of cheap apartments and abandoned factories and warehouses in the formerly communist eastern half has depressed prices throughout the city. Studio space is to be had for next to nothing. Even in Mitte, the center of Berlin's new Szene, newly renovated apartments rent for less than one quarter of what you'd pay in London. That's a big draw. But Berlin isn't just cheap. Some flock there because it is not yet set in brick, stone and concrete, but in the process of redefining itself. Guido Axmann came to Berlin from Oldenburg, near Bremen, and switched...
...President's new Cabinet pleases reformists. During his first term, SBY's Democratic Party held just 7% of seats in parliament, and he had to stud his Cabinet with political appointees to ensure legislative support. Today, the Democrats control more than a quarter of parliamentary seats. Yet instead of increasing the number of technocrats in his second-term team, SBY doled out just as many party favors this time around, with more than half of Cabinet members political appointees. "There were high expectations that with the President's significant victory he had the mandate to choose better qualified and younger...
...competition, it turns out, improves capitalism, even among the members of society least capable of doing math. "The dispensaries have really made my drug dealer step up," my friend told me. Not only is the dealer now charging $100 for a quarter ounce, compared with the $120 he'd charged for decades, but he has also started offering home delivery instead of shady parking-lot meetings. "He got more reliable. He used to be, 'Yeah, I can't do it today. Maybe tomorrow.' Sometimes you'd page him, and he'd never call you back. Now I'm like...
...opening their newly stuffed wallets wider than ever. Passenger car sales surged 76% in October from a year earlier, while overall retail sales jumped 16.2%. Such spending has contributed to China's robust recovery from the global economic crisis. Gross domestic product grew a hefty 8.9% in the third quarter from a year earlier. (See TIME's photoessay "The Making of Modern China...
...earth dug up from the English Channel, pre-Chunnel? Hundreds of beautiful hand-drawn lecture slides made by the scientist Sir Ambrose Fleming, inventor of the diode? Or the slides of microscopic fossils, which don't seem to take up much space until you consider there's a quarter million of them in storage...