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...nations like Japan manage to surmount these disadvantages. In some ways, natural disasters give these developed economies an excuse for technological improvement. So while Japan invests in high-tech skyscrapers designed to withstand the inevitable next earthquake, the West Sumatran capital of Padang - which scientists long predicted would be shaken by a killer quake because it sits astride one of the world's most active fault lines - was crowded with poorly built buildings that crumbled when the earth shuddered on Sept. 30. Similarly, in the Philippines, the vast flooding triggered by Ketsana was largely the result of insufficient drainage...

Author: /time Magazine | Title: Behind Asia-Pacific's Unnatural Disasters | 10/19/2009 | See Source »

...report sounds fantastical on its face, and Muhammad al-Jasser, Saudi Arabia's central bank governor, lost no time in branding it "absolutely incorrect." But the fact that these assertions are being made at all shows how seriously confidence in the dollar has been shaken. The world's central banks are starting to shun the dollar. According to Barclays Capital, nations reporting currency breakdowns of their reserves invested 63% of new cash in euro and yen in the quarter to June 2009. It seems the U.S. will have to resign itself to a weaker currency until its economic house...

Author: /time Magazine | Title: Why Investors Should Bet Against the Dollar | 10/12/2009 | See Source »

...Harvard Jerks Stalked Emma.” The New York Post article, which was published yesterday, accuses the Voice of trying to "draw as much attention to [Watson] as possible" with its live blog updates and its blurry photograph of her leaving the Harvard stadium. Watson was supposedly "quite shaken," as security guards tried to protect her from a crowd of stalkers, the Post reported in a brief on Tuesday...

Author: By Esther I. Yi | Title: Emma Watson to Harvard Voice: "Rictusempra!" | 10/2/2009 | See Source »

...Aftershocks continued to jolt the region a day after the quake, with one measuring 6.8 on the Richter scale striking Thursday morning. With thousands of islands strewn across a volatile fault zone, Indonesia is often shaken by earthquakes. But the past few years have proven particularly deadly. The 2004 Boxing Day tsunami and earthquake claimed 130,000 lives in Aceh, the northwestern tip of Sumatra that is not far from Padang on the western side of the island. In 2006, an earthquake hit the metropolis of Yogyakarta on the island of Java, killing more than 5,000 people...

Author: /time Magazine | Title: In Indonesia, a City's Worst Fears Come to Pass | 10/1/2009 | See Source »

...already weathered both regional selection competitions and IOC evaluations that weeded out three earlier candidates (sorry, Doha, Prague and Baku, Azerbaijan). But for these four cities, the final step in winning the Games is surviving an unusual voting process that in the past has produced surprising upsets - and been shaken by corruption. (See pictures of what becomes of past Olympic stadiums...

Author: /time Magazine | Title: How Is the Olympic Host City Chosen? | 10/1/2009 | See Source »

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