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...dictator. Ever since, Franco and his descendants have used the sprawling compound, with its three reconstructed towers - Napoleon's troops burned the originals - and six hectares of gardens, as a vacation home. More than three decades after her father's death, Carmen, Franco's sole child, continues to summer there every year...

Author: /time Magazine | Title: The Fight over Franco's Palace | 8/12/2008 | See Source »

...started with a tree in need of a trim. At 3:05 p.m. on Aug. 14, 2003, a 345-kV transmission line in northern Ohio began to sag. This happens commonly, especially during hot summer days, when the demand for power created by all those air conditioners can cause power lines to slacken. Trees near transmission lines are supposed to be pruned regularly - but this one hadn't been. When the line sagged too close to the tree, it faulted and tripped off-line. This is also something that happens pretty frequently on the U.S.'s massive electrical grid...

Author: /time Magazine | Title: Can We Prevent Another Blackout? | 8/11/2008 | See Source »

...issue on voters' minds. President Bush looks likely to leave office with gas prices three times what they were when he was elected, and the stock market is groaning under the weight of the housing crisis, stagnating wages and increasing job losses. Yet throughout the summer, the Illinois Senator seems to have hit a ceiling in surveys, unable to crack 50% approval, usually hovering in the mid-40s, in public-opinion polls. Why isn't this advantage reflecting in polls? The answer lies in two kinds of economic voters Obama has yet to fully persuade: one group from the right...

Author: /time Magazine | Title: Obama's Economic Challenge | 8/11/2008 | See Source »

While Romo and the Hecimoviches make up their minds, Obama and McCain remain close in polls. When I ask Obama on the flight from Minnesota to Chicago if he's worried about his economic message, he reminds me that it's still early. "My sense is that during the summer months, people are not going to be paying as much attention as they're going to be paying in September and October." Obama says he plans to highlight the differences between his and McCain's tax and health-care plans in the fall. "When the American people start focusing...

Author: /time Magazine | Title: Obama's Economic Challenge | 8/11/2008 | See Source »

...elders, for your forbears, is even more important than making money. And as Robin Li, the Baidu CEO, told a friend, parties like the one at the Commune last night don't arise out of thin air. They are not a historical accident. Nothing about China, in the late summer of 2008, was preordained. Li, a celebrity in China for his success as well his good looks, understands this acutely, and put it succinctly: "Without them,'' he said, referring the generation saying their good byes at the Forbidden City,"without what they have done, we don't exist...

Author: /time Magazine | Title: Beijing's Dinners and Revolutions | 8/10/2008 | See Source »

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