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...Peter Reid is doing that thing with his mouth again. First, the skin around his sky-blue eyes starts to wrinkle. Then the corners of his thin lips slowly curl up toward thick sideburns. Then you catch a glimpse of dentistry and it's unmistakable. He's actually doing it: Peter Reid is smiling...

Author: /time Magazine | Title: An Englishman in the Land Of Smiles | 12/11/2008 | See Source »

...Alarmed" sees households issued with intercontinental ballistic missiles by the government. These sit in backyards for so long that people take to decorating them and using them as kennels or toolsheds (one illustration shows them as a bright garden of strange, leafless trees under a perfect blue sky). In "Eric," the cultural otherness of a foreign exchange student is given embodiment as a tiny two-dimensional creature with a leaf for a head...

Author: /time Magazine | Title: A Brush with The Burbs | 12/11/2008 | See Source »

...little else. Economic growth, which averaged more than 7% for the past five years, has tumbled and may drop below 2% next year. And for the first time since the collapse of the Soviet Union in 1991, the threat of large-scale unemployment looms. "Money was falling from the sky in the past two to three years," says Maxim Oreshkin, the head of research at private-sector Rosbank in Moscow. "Now it's stopped falling...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...gave Brazil’s sovereign debt “investment grade” status. But this was a small reward given the shift the country has experienced since 1994. Brazilian government bonds remain too cheap (currently paying over 500 basis points above the 10-Year Treasury). Charging a sky-high political premium to a country that has had a fiscal revolution, and where Daniel Dantas can be arrested through due process of law, seems to be rather exaggerated. The bonds’ inadequate BBB-rating—barely above speculative status — contributes to this mispricing...

Author: By Flavio S. Campos | Title: BRIC Starts with B | 12/9/2008 | See Source »

...funerary tower is part of the ancient burial practice of Zoroastrianism, the world's oldest monotheistic religion. Zoroastrians (known in India as Parsis) regard sky burials, in which the bodies are exposed to natural elements including vultures in open-topped "Towers of Silence," as an ecologically friendly alternative to cremation, consistent with their religion's reverence for the earth. A Zoroastrian priest clad in a long, cotton robe explains: "Death is considered to be the work of Angra Mainyu, the embodiment of all that is evil, whereas the earth and all that is beautiful is considered to be the pure...

Author: /time Magazine | Title: The Last of the Zoroastrians | 12/9/2008 | See Source »

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