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...symbolic" amount for service to their country, the equivalent of about $10 a month.) Moskovsky Komsomolets, a daily newspaper in the Russian capital, reports that 45,000 Muscovites, out of the 60,000 eligible to be conscripted, are currently trying to avoid military service. (See pictures from a Russian summer camp for patriotic youth...

Author: /time Magazine | Title: How to Dodge the Draft in Russia | 3/30/2009 | See Source »

After serving as a 2008 summer associate at Philadelphia law firm Morgan, Lewis & Bockius, Harvard Law School student Juan Valdivieso was offered a position as a full-time associate and was anxiously looking forward to joining the firm later this year...

Author: /time Magazine | Title: Law-School Grads See Promised Jobs Put On Hold | 3/26/2009 | See Source »

...early 1980s, around the time Ronald Reagan became President and Wall Street's great modern bull market began, we started gambling (and winning!) and thinking magically. From 1980 to 2007, the median price of a new American home quadrupled. The Dow Jones industrial average climbed from 803 in the summer of 1982 to 14,165 in the fall of 2007. From the beginning of the '80s through 2007, the share of disposable income that each household spent servicing its mortgage and consumer debt increased 35%. Back in 1982, the average household saved 11% of its disposable income. By 2007 that...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...author of a new book about the debate, The Foie Gras Wars, talked to TIME about why Donald Duck is a force to be reckoned with, the true goals of the animal rights camp and why he won't be craving foie gras any time soon. (See TIME's Summer Journey: We Are What...

Author: /time Magazine | Title: Mark Caro, author of The Foie Gras Wars | 3/26/2009 | See Source »

...Korean border guards in the early morning hours after allegedly straying past the border, an unmarked halfway point on the frozen river. It's not a good idea "to behave like it's the Belgium-French border" says Andre Lankov, a North Korea expert who visited the area last summer and only approached the border when he was accompanied by Chinese police. Less than 50 meters across a frozen no man's land and "you're dealing with the world's most brutal government." A Chinese guide as well as another western colleague were reportedly with the women but they...

Author: /time Magazine | Title: Why North Korea Nabbed Two U.S. Journalists | 3/26/2009 | See Source »

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