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...spin game is on as the world tries to talk itself out of the worst recession since the end of World War II. The good news is that there is a slowing in the rate of deterioration in the global economy. The tougher news is that this is hardly surprising. In the aftermath of unprecedented annualized plunges in real global GDP on the order of 6% to 7% in the fourth quarter of 2008 and the first quarter of 2009, the pace of deterioration almost had to moderate...

Author: /time Magazine | Title: Kidding Ourselves About an Asian Recovery | 6/8/2009 | See Source »

...want to hazard a guess at which luxury brand might be next to stumble, take a quick spin around the second or third floors of New York City's Bergdorf Goodman department store. There you will find racks upon racks - sometimes, entire collections - of designs by Marc Jacobs, Chanel, Dior, Armani, Thakoon and Alberta Ferretti marked down 40%. What's impressive is not only the steep markdowns, but also the sheer volume of merchandise that remains. In some cases, every size of a silhouette is still available, indicating that not a single shopper bought the look...

Author: /time Magazine | Title: Fire Sale: Once Towering, the Luxury Market Teeters | 6/7/2009 | See Source »

Scientology, Church of •members of are banned by Wikipedia from editing any articles on the site because of their propensity to put a self-servingly positive spin...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 6/5/2009 | See Source »

Find yourself on the southern edge of Africa with 48 hours to spare and a good set of wheels at your disposal? Then set the GPS coordinates for Franschhoek in the Western Cape, and from there take a spin down Africa's southernmost road - the Garden Route. Here's an itinerary for two days of indulgence...

Author: /time Magazine | Title: South Africa: How to Do the Garden Route | 6/3/2009 | See Source »

...even as strings offer greater potential for spin, players need technique to fulfill that potential. As Miller says, "the most important factor in the generation of spin is racket speed." Research by Cross at the University of Sydney has shown that pro tennis players have much less feel for strings than they think, and tend to overestimate their importance. A study published last year found that 90% of professionals could not feel a 6 lb. (2.7 kg) difference in the tension of strings in two different frames - even though most professionals insist on exacting string specifications for their matches...

Author: /time Magazine | Title: Tennis: String Theory | 6/1/2009 | See Source »

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