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...more safely tap some of the excitement by owning multinationals. "You don't have to buy local stocks to do this," he says. A quarter of Procter & Gamble's sales come from emerging markets, for example, and China alone accounts for 14% of revenues at Anglo-Australian mining giant Rio Tinto. Buying more-established companies may seem less exotic, but for a cautious investor, it's a way to wade into the shallow end of the emerging-markets pool...

Author: /time Magazine | Title: global investing: The Allure of Over There | 8/20/2006 | See Source »

...very reason Pancho Villa cherished it as a hideaway in the early 1900s, the West Texas town of Lajitas, a stretch of 25,000 desolate acres on the banks of the Rio Grande near the Mexican border, hardly seems the ideal spot for an idyll. But lay down a strip of asphalt long enough for a Lear to land, then build a rich dude's dude ranch loaded with Old West ambiance--and, voilà, Lajitas, the Ultimate Hideout, is born. The resort stands as a paean to cowboy culture, attracting wealthy city slickers and adventure seekers...

Author: /time Magazine | Title: Global Life: One-of-a-Kind Getaways | 7/16/2006 | See Source »

...Minister abruptly offered him a rare opportunity: a chance to explore an unmapped river in the heart of the rain forest. So mysterious was this tributary that even the man who had discovered its headwaters five years earlier had no idea where it went and so had named it Rio da Dúvida--the River of Doubt...

Author: /time Magazine | Title: The River of Doubt | 6/25/2006 | See Source »

...burden of carrying his father but to give him the chance to do just that. To save his son, Roosevelt realized, he would have to let his son save him. In the end, Roosevelt, Kermit and all but three men would survive to place the river--renamed the Rio Roosevelt--on the map of South America. Roosevelt never fully recovered his health, but he refused any regret. "I am always willing to pay the piper," he once wrote, "when I have had a good dance...

Author: /time Magazine | Title: The River of Doubt | 6/25/2006 | See Source »

...people don't have to be in Steinard's--or Miller's--straits before they cross borders for care. Retirees, especially the snowbirds who winter in South Texas and Arizona, have turned Mexican towns like Nuevo Progreso (pop. 9,125; dentists, 70), in the Lower Rio Grande Valley, and Los Algodones (pop. 15,000; doctors and dentists, 250), near Yuma, Ariz., into dusty dental centers. Los Algodones might rake in as much as $150 million during the winter season. People from Minnesota and California arrive in chartered planes to get their teeth fixed in these dental oases. Two California insurers...

Author: /time Magazine | Title: Outsourcing Your Heart | 5/21/2006 | See Source »

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