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...Edible birds' nests are the handiwork of the swiftlet, a small bird found mostly in Southeast Asia that builds its nests from its saliva. Bird's-nest soup is an expensive delicacy served across the Chinese-speaking world, and the basic ingredient is in such demand that nests are sometimes called "white gold" or the "caviar of the East." In Bangkok, an 11-oz. (300 g) box can cost $2,600, while so-called health drinks comprising just 1.1% nest sell for $4 a jar. Aficionados attribute nests with the power to treat everything from cold sores to tuberculosis...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

...times carry themselves as if someone else will always look after their defense, could take more seriously. In the meantime, Rudd will continue with his multilingual diplomacy, trying to convince other world leaders that his pet idea of an Asia-Pacific Community won't just add to the alphabet soup of regional forums that litter the calendar with ineffectual meetings...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

...Hong Kong — Eels swim in Styrafoam boxes, astonished dead fish shine in rows next to blocks of pink-white flesh, silver heads. A live fish flails on the counter. There are clams in purple shells, small octopi, and other sea creatures already mashed into balls for soup. Lengths of meat dangle in butcher shops, knuckled feet still attached, shoppers’ chattering punctuated by cleaver’s thud...

Author: By Chelsea L. Shover | Title: Our House in the Middle of Our Street (Market) | 6/26/2009 | See Source »

...around financial institutions that it thinks pose a systemic risk, the FDIC would get the power to take over and wind down non-banks, most over-the-counter derivatives would be forced onto exchanges, and capital requirements would be ratcheted up across the financial system. But the current alphabet soup of regulatory agencies would remain mostly in place, and there will apparently be no effort to break up too-big-to-fail financial institutions or cordon off risky financial activities from essential ones (as the Glass-Steagall Act attempted...

Author: /time Magazine | Title: Is Obama's Financial-Reform Plan Bold Enough? | 6/18/2009 | See Source »

China is using the stimulus package to play catch-up on another front: the environment. Three decades of rapid, unchecked economic growth has turned many of the country's rivers into cesspools and lands into wastelands and much of its air into grimy soup. Some $30.9 billion has been officially allocated under the stimulus plan for "environmental projects" to help clean up the mess and put the country on a path to more sustainable development. The government of Jiangsu province, for example, recently announced a $16 billion plan to clean up Lake Tai, once famed for its beauty and abundant...

Author: /time Magazine | Title: China's New Deal: Modernizing the Middle Kingdom | 6/1/2009 | See Source »

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