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...housing market has stratified can be clearly seen in Howard County, Maryland. After falling for six months in a row, the number of contracts signed by buyers ticked up in January, and has been rising ever since. The problem, though, is that almost all of the activity is among the lowest-priced homes. In May, sales of houses under $300,000 (for the D.C. suburbs, that's low-priced) jumped 41%, as compared to the same month last year. Sales of houses $300,000 and above, meanwhile, dropped by 26%. The super-high-end is particularly grim. At the rate...

Author: /time Magazine | Title: Home Sales Perk Up, but Expensive Houses Languish | 7/1/2009 | See Source »

...rentrup can now switch on the lights on a specific street whenever they like. All they have to do is register for the scheme online and provide a phone number. Then each time anyone needs to see in the dark, they call the Dial4Light number, enter the six-digit code that corresponds to the stretch of road they want lit, and within seconds the lights are on. They'll stay on for around 15 minutes, enough time for someone to walk from one end of the average Dörentrup road to the other. "The scheme is easy for everyone...

Author: /time Magazine | Title: Germany's Bright Idea: Street Lighting on Demand | 7/1/2009 | See Source »

...government, and still today, about 300,000 of the nation's 3 million Tamils remain in government camps in Sri Lanka's north. Many expatriate groups are now lobbying their host governments to pressure Sri Lanka into increasing humanitarian aid to Tamils. And since the war's end about six weeks ago, the most vocal and visible Tamil expats fighting for this cause have been the youth, raised outside Sri Lanka, apart from relatives they now spend much of their free time fighting for. (Read a brief history of the Tamil Tigers...

Author: /time Magazine | Title: War's End Hasn't Stilled the World's Young Tamil Voices | 7/1/2009 | See Source »

...road trip through North Korea. I had been invited into the country by Pyongyang along with several other foreign correspondents, and even though we rode in a modern bus, the journey itself was like going back in time. From the capital, we drove down narrow country roads for nearly six hours, through small farming hamlets of white homes in neat rows. Men in army-green clothing worked the fields by hand; there were few tractors or animals in sight. Trucks with sacks of U.S. food aid passed...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

Marcus Noland, an expert on the North Korean economy at the Peterson Institute for International Economics in Washington, believes that efforts to roll back reform have intensified in the past six months, symbolized by the return of mass-mobilization development strategies that echo the regime's policies of the 1950s. "The whole country and all the people," Kim Jong Il was quoted saying in a January editorial, "should launch a general offensive dynamically, sounding the advance for opening the gate to a great, prosperous and powerful nation...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

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