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...suburb of one of the world's most isolated cities, Australian Prime Minister Kevin Rudd wants you to know that he feels your pain - to a point. A bedroom community of Perth, Western Australia, Cockburn until recently shared in the buoyant growth rates that turned this part of the southern continent into a giant construction zone. No more. As Australia's great mining boom deflated due to slackening demand from China and the global recession, the region around Cockburn saw unemployment go from 2.1% last October to 7.2% in April. Roughly a year and a half after his victory over...

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

...latest Berlusconi tidbit is potentially the most damaging. On June 17, investigators in the southern city of Bari confirmed they were carrying out a criminal investigation into allegations that businessman Giampaolo Tarantini had hired prostitutes to attend several Berlusconi bashes, although Berlusconi himself is not under investigation...

Author: /time Magazine | Title: Spotlight: Silvio Berlusconi | 7/13/2009 | See Source »

That's changing. Africa still has too many catastrophes, places like Darfur, the Democratic Republic of Congo and Somalia. But in other parts of the continent - Ghana, Rwanda, Tanzania and much of southern Africa - a new generation of African leaders has embraced democracy and the rule of law, and is making clear a preference for business and self-reliance over aid. Despite the global downturn, the International Monetary Fund predicts sub-Saharan Africa will grow by an average of 1.5% this year. Seven African countries will grow by 5% or more, with Liberia expecting 4.9% growth...

Author: /time Magazine | Title: Rebuilding Liberia | 7/13/2009 | See Source »

...hard is it to manage and maintain these trade boosters? Ed Collom, an associate professor of sociology at the University of Southern Maine, has studied volunteer-run programs like Ithaca's and found that about 80% failed, chiefly because of administrative burnout. That's why many newer models, like BerkShares, are now set up as nonprofits, complete with administrative support...

Author: /time Magazine | Title: Tough Times Lead to Local Currencies | 7/13/2009 | See Source »

...Uighur residents also fear further hostility. "There will be more conflict in the future," says a 25-year-old Uighur man sitting by a mosque in the Nanmen district, where the southern Uighur district abuts Urumqi's downtown. "Everyone has seen the images of Uighur attacking Han, but no one knows about Han attacking Uighur...

Author: /time Magazine | Title: Quiet Returns to Urumqi, but Tensions Remain | 7/10/2009 | See Source »

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