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Today's accumulation of riches in the Gulf is the stuff of dreams. Soaring profits from oil and natural gas are driving the region's wealth into the stratosphere. Henry Azzam, who heads Deutsche Bank's Middle East operations from a sleek suite of offices in the Dubai International Financial Center, is relishing this historic windfall. "We're becoming the epicenter of the global economy," he marvels. But Azzam has his worries. He sees the recent fighting in Lebanon, for instance, as a proxy war between the U.S. and Iran that could lead to an American military strike on Iran...

Author: /time Magazine | Title: Giddy Heights: Boom in the Gulf | 5/29/2008 | See Source »

...really make and sell enough stuff to bring imports and exports into balance? Well, maybe. This country is, believe it or not, still the world's largest manufacturer. Exports are at an all-time high, both in dollar terms ($1.6 trillion in 2007) and as a percentage of GDP (11.8%). It's just that imports have grown much faster over the years. The U.S. has continued to run surpluses in some high-tech, high-price-tag categories--aircraft, specialized industrial machines--and in agricultural commodities. It's in consumer goods--clothing, TVs, cars--that the big deficits show...

Author: /time Magazine | Title: Will Exporting Ports Fix U.S. Trade Deficit? | 5/29/2008 | See Source »

...broad appetit food festival in downtown Richmond, Va., visitors can stuff themselves with pizza, Thai noodles, fried chicken and--this being Virginia--smoky barbecue. But some of the biggest crowds are gathered around David George Gordon, a cheerful 58-year-old writer from Seattle. Gordon isn't cooking anything that complex--just some pasta, prepared on a hot plate--but scattered among his orzo like tiny six-legged meatballs is a show-stopping ingredient: crickets. The author of The Eat-a-Bug Cookbook, Gordon considers Orthopteran Orzo his signature dish. He scoops the pasta into paper cups and begins handing...

Author: /time Magazine | Title: Eating Bugs | 5/29/2008 | See Source »

Some of the guys were angry about how honest we were. Now it's gone from, "How dare you let our secrets out like that," to "Hey, I've got a couple great ideas about stuff that happened at my firehouse that you could put on the show...

Author: /time Magazine | Title: 10 Questions for Denis Leary | 5/29/2008 | See Source »

...senses, however, that it is not just relations among faiths that Blair wants to influence. It is also the relationship between those who rejoice in their faith and those who think religion is something quaint, the stuff of history books. And here Blair's religious agenda intersects another of his concerns: the growing distance between U.S. and European attitudes toward the world...

Author: /time Magazine | Title: Tony Blair's Leap of Faith | 5/28/2008 | See Source »

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