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Five years ago, Ahmadinejad was elected as a problem solver, an engineer who would clear away old obstacles to a functioning and just economy. An initial flood of oil-fueled liquidity and openhanded lending at the beginning of the Ahmadinejad era has given way to a stagnant property market and tight limits on bank lending in an effort to rein in prices. Ahmadinejad also dissolved economic-planning organizations and dismissed officials with economic expertise. Managers in Iran's near paralyzed manufacturing sector now face the immediate problem of how to fill the gaps in their end-of-year accounts under...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

...coils and the tins of evaporated milk. How times change. Today the wine world's great hope is the Asian drinker, for many of whom the consumption of grape wine is an aspirational and pleasurably exotic activity, much like sake drinking is in European or American cocktail bars. Facing stagnant sales at home, the Old World's lordliest vintners must leave their crumbling châteaus, and the New World's biggest brand managers forsake their suburban bottling plants, all to spruik their wares at Hong Kong's wine expos. The trade press is agog at a regional market thought...

Author: /time Magazine | Title: The East Is Red, White And Rosé | 2/25/2010 | See Source »

...spinning together long, hypnotic sentences to fuel the heavily psychological and minimally plot-driven narrative. However, the same characteristics that give Aciman his writerly credentials—his finely tuned cultural references and the delicate register of his artistic understanding—are trivial ornaments that cannot disguise the stagnant quality of the central love story. Though the characters are undoubtedly clever and sardonic, their emotional interplay fails to conjure the feeling of sublimation that Aciman is striving to evoke...

Author: By Sophie O. Duvernoy, CRIMSON STAFF WRITER | Title: Aciman Falters in 'Nights' | 2/17/2010 | See Source »

...dense, slogging thoughts form a thicket of angst that paralyses the narrative. He despairingly thinks, “It occurred to me that rehearsing loss to dull the loss might bring about the very loss I was hoping to avert.” This constant act of stagnant, empty rehearsal is emblematic of the psychological development in the novel—the characters constantly strain towards expression, retracting or repeating statements, but never move towards a new idea or significant development...

Author: By Sophie O. Duvernoy, CRIMSON STAFF WRITER | Title: Aciman Falters in 'Nights' | 2/17/2010 | See Source »

...those impatient for double digit growth. Take agriculture. Prime Minister Manmohan Singh and many farmers struggling against debt, rising expenses and stagnant yields, have called for a second Green Revolution. But for this, India will probably need the help of biotechnology, a discipline in which India has the potential to be a world leader. Because India allows protests and debate, though, pro-industry rulings are often overturned. (See a special report on the science of appetite...

Author: /time Magazine | Title: What an Eggplant Uproar Says About India's Economy | 2/15/2010 | See Source »

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