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...preferred method of transportation here, we recommend renting a nonmotorized two-wheeler, which is a lot safer. Even better, this tiny country of 21 square miles - one-third the size of Cape Cod - has 22 miles of bike paths, on which mopeds are not allowed. The Bermuda Railway Trail follows an old rail bed and traverses the entire string of eight islands that make up the inhabited parts of Bermuda. Cyclists on the path are never out of sight of the islands' clear waters, craggy bluffs and white-roofed cottages. Bike rentals cost about...

Author: /time Magazine | Title: Why Bermuda? It's Close, Warm and Suddenly Cheap | 7/15/2009 | See Source »

...Bermuda Railway Trail is equally enjoyable on foot. Hiking the trail usually leads to detours off it, like to Somerset, a village accessible only by the smallest working drawbridge in the world. The short bridge has an 18-inch gap covered by a plank, which is removed to allow unsailed masts to go through. Somerset is also the site of the annual summer Non Mariners' Race, in which entrants build absurdly unseaworthy craft to lose the nonrace "in the most astonishing fashion...

Author: /time Magazine | Title: Why Bermuda? It's Close, Warm and Suddenly Cheap | 7/15/2009 | See Source »

...receipts are up. Bureaucracy is down. U.N. sanctions on diamond and timber exports have been lifted. Liberia is attracting foreign investment in iron ore, timber, palm oil and construction. Though steel giant Arcelor Mittal recently mothballed a $1.5 billion project to reopen an iron-ore mine and rebuild a railway in the eastern interior, Liberia has signed a deal with Sime Darby of Malaysia for an $800 million, 20-year concession to a 494,000-acre (200,000 hectare) combined palm-oil and rubber plantation. Earlier this year, the IMF and World Bank canceled Liberia's $4.7-billion foreign debt...

Author: /time Magazine | Title: Rebuilding Liberia | 7/13/2009 | See Source »

...Takarazuka actresses - there are about 400 in five troupes - have been leaving audiences speechless with these marvelous and at the same time overwhelming works for 95 years. Founded in the town of the same name - by Ichizo Kobayashi, a locally born railway magnate who thought that lively entertainment would attract more tourists and thus increase rail traffic - the theater group now averages about 10 major productions a year, each with a lead time of about eight months. Faced with shrinking audiences and increased competition from all forms of digital entertainment, its producers are trying to make the shows more dazzling...

Author: /time Magazine | Title: Takarazuka: Putting On the Glitz In Japanese Theater | 6/29/2009 | See Source »

...lackluster buying. Traders were lightening portfolios as signs of continued economic weakness trumped talk of green shoots and recovery. As David Rosenberg of money manager Gluskin Sheff noted in a Monday-morning report, year-over-year economic numbers are simply awful: raw-steel production (-47.3%); lumber production (-32.6%); railway traffic (-20.1%); electrical output (-12.9%). Such negative numbers, in Rosenberg's view, "hardly paint the picture of an imminent recovery...

Author: /time Magazine | Title: A Stock-Market Pullback: Is the Recovery Stalling? | 6/16/2009 | See Source »

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