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...spending as elsewhere. In Hong Kong, especially, perceptions of household wealth have always been tied to the property market, and because property prices have been slumping since 1997--with no end in sight - people just don't feel rich. While I was visiting there last month, the unemployment rate rose to 7%, the highest since 1981. In many years of trips to Hong Kong, I can't remember a time when the economic sentiment of those I talked with was quite so gloomy. Farther afield, there continues to be real doubt as to whether India and China can generate...

Author: /time Magazine | Title: Why East Asia's Economies Are Hot | 5/13/2002 | See Source »

...lawyer says it has become a "theme park," with its peddling of Nixon-and-Elvis T shirts and its use for proms, bar mitzvahs and weddings. "Impress your guests," one ad says, "by serving a state dinner prepared by a chef to five Presidents." A bride wanting that Rose Garden glow can Rent-A-Gazebo, the same one beneath which Tricia said, "I do," to Edward Cox, the New York lawyer who many think is behind Tricia's efforts...

Author: /time Magazine | Title: Peace Is At Hand | 5/13/2002 | See Source »

Because the idea is so new, there isn't yet a wealth of data behind it. But after a four-month trial in a Salt Lake City elementary school last spring, standardized reading scores rose, with two of the 10 participants going up four reading levels and the rest going up at least two. A report issued by the school also noted ancillary benefits ranging from decreased absenteeism to improved self-esteem. Martin recalls one little boy who shyly told her on the first day of the program, "I don't read very good." Martin pointed out her Portuguese water...

Author: /time Magazine | Title: Families: Learning Corner: Listen, Spot | 5/13/2002 | See Source »

Movie critics like to cuddle too; they want their favorite filmmakers to keep making favored films. And Allen has had skeins of terrific movies: Zelig, Broadway Danny Rose, The Purple Rose of Cairo, Hannah and Her Sisters and Radio Days in the mid-'80s and the lesser, still pleasing run of Husbands and Wives, Manhattan Murder Mystery, Bullets over Broadway and Mighty Aphrodite in the mid-'90s. So, as we near the mid-'00s, can we hope for another blossoming? It would be nice if the Woodman had one more return to top form--an invigorating dose of comic Viagra...

Author: /time Magazine | Title: Cinema: Deconstructing Woody | 5/13/2002 | See Source »

...rose to the occasion, laying down a textbook squeeze bunt. Buehler fielded it but was unable to flip the ball to Ryan in time, and Whitton slid under the tag to give her team a 2-1 advantage...

Author: By David R. De remer and Jon PAUL Morosi, CRIMSON STAFF WRITERS | Title: Softball Makes History With 31-10 Record, ECAC Title | 5/13/2002 | See Source »

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