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Since it may be another decade before such medical applications of diamond become a reality, for now Apollo is using the same CVD process to produce gem-quality stones for the retail market. Just last year the company started selling rough-cut gems to a Boston jewelry retailer. It may prove to be a smart strategy until the industrial market matures; thanks to booming economies in China and India, retail sales of diamond jewelry have been surging for a decade. Analysts expect up to 20% annual growth in the diamond market in China alone. With current mine capacities, that translates...

Author: /time Magazine | Title: Diamonds De Novo | 2/5/2007 | See Source »

...open the only small window, with its rust-pitted iron bars. When I succeeded in pulling the knob and the window swung open, flakes of peeling paint as well as a shower of dust fell to the floor. The only furniture in the room was three narrow beds of rough wooden planks, one against the wall, the other two stacked one on top of the other. A cement toilet was built into one corner. Never in my life had I been in or even imagined a place so primitive and filthy. The guard came back with several sheets of toilet...

Author: /time Magazine | Title: Life and Death in Shanghai | 2/5/2007 | See Source »

...large sum of money. You will be able to finance your world revolution with that money.'' Perhaps, being an older person, the teacher felt some sense of responsibility. She asked me, ''Are you sure your collection is valuable? How much would you say it is worth?'' ''As a rough estimate, at least a million yuan (($500,000 at the 1966 exchange rate)),'' I told her. The Red Guards were impressed. The teacher was by now anxious to save the treasures, but she was afraid to put herself in the wrong with the Red Guards. They all went to the dining...

Author: /time Magazine | Title: Life and Death in Shanghai | 2/5/2007 | See Source »

...destruction by leaving the territories. The two positions are poles of the national debate. Still, Americans might find it difficult to live with 100 million Russians inhabiting Arizona, New Mexico, Colorado and Utah. By the year 2010, the Arab population of Israel, plus the territories, will have risen to rough parity with the Jewish population. Herein lies Israel's biggest dilemma. When the virtues of Israel are enumerated, almost the first to be mentioned by Israelis and their supporters is the fact that it is the only democracy in the Middle East. But when it comes to the Palestinians...

Author: /time Magazine | Title: ISRAEL At 40: the Dream Confronts Palestinian Fury | 2/5/2007 | See Source »

...Although he had received some survival training, Xiang Xiang soon found he had been dropped off in a very rough neighborhood. In late December, forest wardens spotted him via one of a string of video monitors positioned throughout the park. He had been bitten by a wild panda in a fight for territory, says Zhang Hemin, director of the Research and Conservation Center for the Giant Panda at Wolong. "Our researchers found him and brought him back. The doctor treated him briefly, then sent him back to the wild." Unfortunately for Xiang Xiang, the tough-love approach only compounded...

Author: /time Magazine | Title: China's Pampered Pandas | 2/1/2007 | See Source »

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