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...That was made clear on Nov. 25 when the city-state of Dubai shocked the global investment community by asking creditors of its main corporate arm, ports-and-property conglomerate Dubai World, for a six-month payment standstill on its almost $60 billion of liabilities. The surprise hit stock markets in Asia and the U.S., while sending investors scrambling for safe havens like the U.S. dollar. Experts have since engaged in a rabid round of speculation over what the Dubai debt crisis might mean for the world economy. Some see the problem as little more than a big real estate...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

...intensive intervention called the Early Start Denver Model, which involved 15 hours a week of one-on-one work with trained therapists and another 16 hours a week with parents, who were taught how to continue the treatment during everyday activities such as eating, bathing and getting dressed. (See "Six Tips for Traveling with an Autistic Child...

Author: /time Magazine | Title: New Evidence That Early Therapy Helps Autistic Kids | 11/30/2009 | See Source »

...will take more than that to challenge Berlusconi. Italy's center-left opposition is in disarray, as usual, having just elected its second new leader in six months. And for most Italians fed Mediaset fare for 30 years, Berlusconi's cultural outlook runs deep. Midway through the ironing contest on Quelli Che ... , the would-be schedine look up from their ironing boards to watch a comedy clip, in which three fat, old women compete in a beauty contest. The audience laughs, as do the presenters and the schedine...

Author: /time Magazine | Title: How Silvio Berlusconi Uses Women on TV | 11/30/2009 | See Source »

...while it's been 20 years since Central America's last major civil-war battle, the isthmus is actually more dangerous today. Thanks in large part to exploding gang violence and useless justice systems, Central America has seen 79,000 murders in the past six years, more than the 75,000 people killed in El Salvador's 1980-1992 civil war or the 50,000 killed in Nicaragua's 1980-1990 contra war. (See pictures of El Salvador's gangs...

Author: /time Magazine | Title: In Central America, Coups Still Trump Change | 11/30/2009 | See Source »

...phosphorous, which is abundant among the hills and three towering volcanoes around Atitlan. The situation is aggravated by government distribution of chemical fertilizer containing extra phosphorous to poor farmers who liberally apply it to their fields. Widespread deforestation allows the soil to leach into the lake during Guatemala's six-month-long rainy season. (See more about Guatemala...

Author: /time Magazine | Title: How Guatemala's Most Beautiful Lake Turned Ugly | 11/29/2009 | See Source »

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