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...classes in each school, each containing around $3,000 apiece. If the students maintain good attendance records and reach performance targets agreed upon with their teachers, reward payments will be added to their class account. But here's the catch: the students can't go and spend the money on a new iPod or an Xbox at the end of the year. Each account, which could reach a maximum of $15,000, can only be used to finance a school-related project or endeavor, such as a class trip abroad to improve foreign-language skills, computer equipment for the classroom...

Author: /time Magazine | Title: Should Students Be Paid to Do Well in School? | 10/12/2009 | See Source »

...concept because they don't see a lot of electric cars and they don't know the trends," says Greb. "It will take funding and time to put in electric charge stations along the route and to promote the concept and to create events that draw people to spend their vacations driving from town to town...

Author: /time Magazine | Title: Off the Interstate: Turning 'Blue Highways' Green | 10/10/2009 | See Source »

...Under Occidental's old pension plan, he would have gotten a monthly check of about $2,200. More important, he wouldn't have to spend much of his remaining eyesight squinting at CNBC, wondering how he will afford the rest of his life. The pension check would have been guaranteed until he died. "I'm a pretty optimistic guy, but I'm still worried," says O'Neil. "Ten years from now, where am I going to be after I burn through the cash...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...visit will be his first as president to the country that followed the 2008 elections as if it was one of their own in the race. Observers in Indonesia believe a visit next year will not only give the President more time to spend here with his family, but will allow the two countries to prepare the groundwork for a much-anticipated "comprehensive partnership" that could be announced while he is here. A resumption of the Peace Corps is expected to be announced, along with other promises of financial aid. "This is going to be a new type of relationship...

Author: /time Magazine | Title: Indonesia Will Wait Longer for Obama | 10/9/2009 | See Source »

...Hardly surprising, then, that Arab opinionmakers deemed the Nobel award premature. "This is too early. He is still living off slogans," says Dawoud Ibrahim, the producer of Al Hadath, a political news show on the Lebanese Broadcasting Channel. "People spend years working for peace," says Layal Abou Rahal, an editor at the Kuwaiti newspaper Al Jarida. "What did he do? Let's imagine he will in fact help in the peace process between Israelis and Palestinians. What will they give him as a reward then...

Author: /time Magazine | Title: Cool Reaction in the Mideast to Obama's Nobel Prize | 10/9/2009 | See Source »

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