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...spread of information technology has empowered individuals to pool their resources and make common cause at a speed and on a scale previously unprecedented; and, finally, nongovernmental organizations, or NGOs, have grown and become important agents of assistance. During the responses to Hurricane Katrina and the tsunami in Southeast Asia, citizen power was on full display, as the Internet provided a conduit through which enormous sums of money flowed from millions of people of modest means...

Author: /time Magazine | Title: How the New Philanthropy Works | 9/25/2006 | See Source »

...international monetary fund (IMF) is holding its annual meeting in Southeast Asia this week. Nearly 10 years have passed since the 1997 Asian crisis, so this is an anniversary of sorts?a not entirely happy one. The IMF's image in Asia suffered from perceived missteps it made during the crisis. Yet the fund also did a lot right (as was shown by the region's rapid recovery), and since the crisis the IMF has changed. More change is in the works. At the meeting in Singapore, the fund is pursuing reforms that will give greater influence to emerging economic...

Author: /time Magazine | Title: Balancing Act | 9/18/2006 | See Source »

...legalizing Kurdish language broadcasting are widely viewed as falling short of Kurdish aspirations, the p.k.k. and t.a.k.'s campaigns are not likely to spur Turkey's political leaders in Ankara to work harder on Kurds' behalf. By sparking resurgent calls for a government crackdown in Turkey's Kurdish-dominated southeast, they could even make matters worse...

Author: /time Magazine | Title: New Targets, Old Conflicts | 9/3/2006 | See Source »

...increases in the value of their total assets. But in many cases, the rise has pushed their net worth over the national minimum thresholds for inheritance tax, which haven't been adjusted in step with the housing boom. The result: almost anyone owning a detached house in London or southeast England is already well over the U.K. tax-free limit on estates of $540,000. France is even tougher. There, inheritance tax is levied in theory from the first euro passed on, but a series of tax-free thresholds apply to family members, including...

Author: /time Magazine | Title: Death's Other Sting | 8/27/2006 | See Source »

...most sacred symbols of Greece, a 700-year-old icon of the Virgin Mary, was stolen on Aug. 18 from a remote monastery 300 km southeast of Athens.[an error occurred while processing this directive] Despite an international manhunt, the thieves are still at large. George Gligoris, head of the national police unit that investigates antiquities smuggling, profiles the thieves and explains how he recovers stolen treasures. Why Byzantine icons? They're a hot commodity. Only a few are left, so demand is high. What's the profile of an antiquities thief? There are three types. The first is basically...

Author: /time Magazine | Title: "They're a hot commodity ... so demand is high" | 8/27/2006 | See Source »

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