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...thriving. Soaring demand for resources like oil, timber and minerals--especially from China--has pushed annual economic growth for sub-Saharan Africa to more than 5% for four years running and is inching toward 7%, according to the International Monetary Fund (IMF). Conspicuous activism by Western politicians, philanthropists and rock stars has helped relieve the continent's debts and deliver billions in development aid. There is less war and more democracy. Peace reigns in the old battlegrounds of Angola, the Ivory Coast, Liberia, Mozambique, Rwanda and Sierra Leone. Almost all African countries have held multiparty elections in the past...

Author: /time Magazine | Title: The Demons That Still Haunt Africa | 1/10/2008 | See Source »

From college dorm rooms to high school sleepovers, an all-but-extinct music medium has been showing up lately. And we don't mean CDs. Vinyl records, especially the full-length LPs that helped define the golden era of rock in the 1960s and '70s, are suddenly cool again. Some of the new fans are baby boomers nostalgic for their youth. But to the surprise and delight of music executives, increasing numbers of the iPod generation are also purchasing turntables (or dusting off Dad's), buying long-playing vinyl records and giving them a spin...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

Like the comeback of Puma sneakers or vintage T shirts, vinyl's resurgence has benefited from its retro-rock aura. Many young listeners discovered LPs after they rifled through their parents' collections looking for oldies and found that they liked the warmer sound quality of records, the more elaborate album covers and liner notes that come with them, and the experience of putting one on and sharing it with friends, as opposed to plugging in some earbuds and listening alone. "Bad sound on an iPod has had an impact on a lot of people going back to vinyl," says David...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

...John Esposito, president and CEO of WEA Corp., the U.S. distribution company of Warner Music Group, which posted a 30% increase in LP sales last year. In October, Amazon.com introduced a vinyl-only store and increased its selection to 150,000 titles across 20 genres. Its biggest sellers? Alternative rock, followed by classic rock albums. "I'm not saying vinyl will become a mainstream format, just like gourmet eating is not going to take over from McDonald's," says Michael Fremer, senior contributing editor at Stereophile. "But there is a growing group of people who are going back...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

Album extras Large album covers with imaginative graphics, pullout photos (some even have full-size posters tucked in the sleeve) and liner notes are a big draw for young fans. "Alternative rock used to have 16-page booklets and album sleeves, but with iTunes there isn't anything collectible to show I own a piece of this artist," says Dreese of Newbury Comics. In a nod to modern technology, albums known as picture discs come with an image of the band or artist printed on the vinyl. "People who are used to CDs see the artwork and the colored vinyl...

Author: /time Magazine | Title: Vinyl Gets Its Groove Back | 1/10/2008 | See Source »

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