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...situation was so bleak that according to Russian media, people in Pikalyovo were forced to eat wild plants, while the city's hot water was shut off after residents couldn't pay their bills. When Putin came in to save the day, he saw p.r. potential in Pikalyovo's distress. During a nationally televised meeting in the town, the Prime Minister scolded local officials and factory owners, including billionaire tycoon Oleg Deripaska, a onetime Kremlin favorite whose investment company Basic Element owns the town's BaselCement factory. "You have made thousands of people hostage to your ambitions, your lack...

Author: /time Magazine | Title: In Russia, a Recession-Plagued Town Revolts | 6/11/2009 | See Source »

...appreciation for Renaissance art yet knows the best place to start an early tapas crawl in Madrid if you have kids. His clear, hand-drawn maps are Pentagon-worthy; his hints about how to go directly to the best stuff at the Uffizi, avoid the crowds at Versailles and save money everywhere are guilt-free. He pushes his readers to picnic for lunch and save their money for dinner. He sketches out amusing walks through commercial quarters from Antibes to Venice that link the ancient world and the modern. And Steves is so keen for his readers to have...

Author: /time Magazine | Title: Rick Steves: The Traveler's Aid | 6/8/2009 | See Source »

...giving me a credit card was a bad idea: I love stuff and hate paying for it. And it turns out there are a lot of people just like me. On May 19, California voters knocked down all five of the budget-cutting and tax-raising propositions designed to save the state budget from being $21 billion short. We already had the worst credit rating of any state. Which means that if states were people, California would be Ed McMahon...

Author: /time Magazine | Title: Joel Stein on California's State of Insanity | 6/8/2009 | See Source »

...kayak and surf shops all over the country. "They know that's the only thing they can sell right now," says Brewer, who compares the sport's skyrocketing trajectory to snowboarding, which similarly gained traction in the 1980s and '90s. "A lot of people are using it to help save their business." (Read about how recession is threatening the original Surf City...

Author: /time Magazine | Title: What's SUP? A Surf Sport That Needs No Ocean | 6/8/2009 | See Source »

...Sunday, the New York Times did just that, with a story headlined "If They Can Find Time for a Date Night ..." The gist: If the Obamas - with Mom committed to her various causes and Dad trying to save the free world - can still find time for each other, hey, lame husband sitting on the couch watching sports, time to step it up. The writer suggests that the President has placed an "elbow in the ribs of husbands," while Jon Stewart has joked, "Take it down a notch, dude." (See pictures of the Obamas dancing on Inauguration Night...

Author: /time Magazine | Title: Barack Obama, Stop Ruining My Marriage | 6/8/2009 | See Source »

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