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...Yugoslav naval base at Tivat on the coast of Montenegro is a derelict place. Colossal jetties stretch out from an abandoned work yard piled with crumbling concrete, twisted metal rods and broken glass. In one corner, a Cold War-era submarine, its giant propeller exposed to the summer winds, is being slowly dismantled by a local crew in flip-flops. The berths are fouled with paint chips and rusted metal, and until a recent scavenging operation, explosives lay on the seabed...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...Some eyebrows were raised in Montenegro when the government agreed to a $5 million sale price for about 62 acres (25 ha) of land and a half-mile (0.8 km) stretch of palm-shaded shoreline facing a wide bay backed by mountains. But, contends Djukanovic, "you either sell the land or buy a project. We bought a project." In addition to creating an estimated 5,000 jobs when finished, the investors agreed to clean up the waters around the site, buy out about 480 workers who lost their jobs when the shipyard shut down, and upgrade Tivat's sewage...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...backhoe's work could be seen along a six-mile (10 km) stretch of the road from Tskhinvali to the Russian border. Gates and fences had been smashed down and piping bent into a crazy...

Author: /time Magazine | Title: Fanning Ethnic Flames in Georgia | 8/20/2008 | See Source »

...Bolt is the tallest man to ever win the 100; his stride might just stretch over the Caribbean. And he knows how to play to the crowd. After he crossed the finish line in Beijing, some fans were flummoxed. Did Bolt start to celebrate too early? A world record seemed out of the question. But a few seconds later, the time flashed on the board. The crowd roared. Wind: 0.0 No breeze boosted him. It was official...

Author: /time Magazine | Title: Bolting to a World Record | 8/16/2008 | See Source »

...Alive, the Woodman has not been residing in the auteur empyrean for the past couple of decades. There was a four-film stretch of genuine stinkers - Small Time Crooks, The Curse of the Jade Scorpion, Hollywood Ending and Anything Else - followed by one, Melinda and Melinda, that rose to the level of eh. And since this quintessential New Yorker exiled himself to Europe (where his fondest admirers live, and where the money for his pictures now comes from), he'd made a suave sex-and-murder mystery, Match Point, and two that deserve to have the veil of anonymity drawn...

Author: /time Magazine | Title: Woody Allen's Barcelona Summer of Love | 8/15/2008 | See Source »

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