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Greece suddenly found itself with a solid, reliable currency. Its government and businesses could borrow at lower interest rates than before. The country boomed, with real GDP growth topping 3.8% for eight straight years. (During the same 2000-07 run, U.S. GDP growth never hit 3.7%; Germany didn't make it past 3.2%.) It seemed as though Greece had landed a one-way ticket to economic good times...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

...Shoemaker was considered one of Philadelphia's most troubled schools. Fewer than a third of its eighth-graders exhibited proficiency on the state math exam. Fewer than half were proficient in reading. Violence was common, and students had full run of the hallways. Most of the bulletin boards had been torched, and the principal's office had metal bars on the windows. One teacher says even the UPS guy was hesitant to go inside. (See pictures of the college dorm's evolution...

Author: /time Magazine | Title: A Quick Fix for America's Worst Schools | 2/22/2010 | See Source »

...which they operate, student success is sure to follow. The biggest problem with many failing schools, he and others in the turnaround movement say, isn't the kids, the parents or the community - though all three are undeniable factors. The key flaw is that the schools are poorly run. "We are trying to apply modern-management common sense," says Gordon. "Invest in your talent, set goals - continuous improvement, constant feedback." This differs, he says, from typical public schools, where teachers receive evaluations only once a year - light management exemplified. (Get the latest tech news at Techland.com...

Author: /time Magazine | Title: A Quick Fix for America's Worst Schools | 2/22/2010 | See Source »

...fired on. Members of the first-up team are on for 24 hours and take any call that comes in during that spell. They basically sit around and wait for calls, but in that time, they cannot shower or go to the cafeteria; they have to be ready to run to the chopper on a moment's notice...

Author: /time Magazine | Title: The Rescue Brigade | 2/22/2010 | See Source »

...like a fish market," says Jawed Habib, fondly surveying the Sunday-afternoon hubbub of his South New Delhi hair salon, one of 12 he runs in the Indian capital alone. Heaving with stylists wearing bold red-and-black shirts emblazoned with JAWED HABIB PRO TEAM, the salon calls to mind less the chaos of a fish market than the disciplined efficiency of a well-run kitchen. His golden quiff defying gravity, the 46-year-old Habib serves as both head chef and maître d', helping a matron into her chair, judging the angle of a junior stylist...

Author: /time Magazine | Title: In India, A Salon A Cut Above the Rest | 2/22/2010 | See Source »

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