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...birthrate that has dwindled to almost nothing, the town still has an unemployment rate of about 14%, double that in the old West Germany. And as a new economic crisis strikes - this time a global one - Halle isn't immune. Its economy has crashed in the past six months. Across the region - but especially in places like the town of Eisenach, where a new auto industry has been built up over the past few years - the latest downturn is biting, though local officials stress that at least their position is better now than it was. "We're certainly...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...Blanch, head of commodities research for Merrill Lynch in London, says he doesn't expect overall demand will return to 2007 levels until 2011 at the earliest. "Over a number of years we will get back to supply constraints," says Blanch, but "it won't happen over the next six to 12 months...

Author: /time Magazine | Title: Commodities Conundrum | 5/18/2009 | See Source »

...government. Nasheed says that the problem has less to do with the country's law-enforcement capabilities and more with endemic corruption: "People in all sorts of places had connections and links." On May 2, Nasheed claimed at a rally that his government had identified the country's six "top drug dealers," but would resist arresting them until after parliamentary elections were held, intimating that some of the suspects may be figures in the opposition...

Author: /time Magazine | Title: The Maldives' Struggle to Stay Afloat | 5/18/2009 | See Source »

...violence. As many as 800,000 of the valley's 1.6 million residents are expected to evacuate, according to Khalid Khan Umerzai, a local commissioner, in what he said might be "the biggest displacement of Pakistanis since independence" in 1947. While the government has set up at least six refugee camps, officials are worried they will lack funds to support the anticipated influx...

Author: /time Magazine | Title: The World | 5/18/2009 | See Source »

...sympathizing with the Confederacy during the Civil War (ordered confined for the rest of the war), eight accused conspirators in President Lincoln's assassination (four sentenced to hang, four given prison sentences), and eight Germans accused of arriving in the U.S. by submarine to carry out sabotage attacks (six were electrocuted...

Author: /time Magazine | Title: Military Commissions | 5/18/2009 | See Source »

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