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...With the financial crash came a sharp decline in bank lending to property speculators, coupled with a steep increase in unemployment. Consumers kept their hands in their pockets, the designer fashion stores left town, and magazines ran pictures of empty shopping malls. Such recovery as Asia saw in the late '90s was almost exclusively explained by an increase in net exports, helped along by newly devalued currencies. So when the growth in world trade screeched to a halt at the end of 2000, so did the Asian recovery...

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

...head. They were, Carver said, produced by the Toney Penna six-iron that police say came from a set of clubs owned by the defendant's mother. Carver said the great force of the blows pierced the girl's skull and brain and that one blow was so sharp and piercing, virtually a stab, that it dragged a lock of her hair through one side of the neck and out the other. As many as nine blows may have been delivered, said Carver. "The assumption I am making," he announced, "is that only one club was used...

Author: /time Magazine | Title: The Skakel Trial: Gruesome Details from Day Two | 5/9/2002 | See Source »

...doesn't have to be this way. The latest digital-projection systems, which run from digital-data files rather than reels of film, can deliver images as sharp and rich as the best film print, without ever degrading. After viewing a demonstration of a projector using Texas Instruments' DLP Cinema technology, Soderbergh says, "I thought, 'Why don't we have this everywhere?' It's like seeing a pristine camera negative print every time." The quality of digital projection--which works for movies shot on film and later converted, as well as for digital or computer-generated movies--is no secret...

Author: /time Magazine | Title: The Death Of Film | 5/6/2002 | See Source »

Even with knives as sharp as razors, it takes time to skin a man. After 35 minutes, flesh was hanging from Ram Mani Jnawali's shoulders and cuts crisscrossed his legs, ribs, arms, hands, ears and chin. His legs were shattered at the shins, broken stumps marking where the bones had been smashed across the steps of his house. But he was still breathing. And yet his teenage tormentors kept questioning him. "Why don't you leave the Congress party?" screamed one interrogator. "How much do you earn? Where are your daughters?" But the 54-year-old, whose only offense...

Author: /time Magazine | Title: Nepal: Return to Year Zero | 5/6/2002 | See Source »

...jumped out to a 2-0 lead in the second inning. Senior Javy Lopez led off the inning with a base hit to center and scored on senior Josh San Salvador’s 380-foot double to left-center. Senior Chaney Sheffield drove in San Salvador with a sharp one-out single to left...

Author: By Alex M. Sherman, CRIMSON STAFF WRITER | Title: SPLIT DECISION: Baseball Tied With Bears After Dropping Potential Clincher | 5/6/2002 | See Source »

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