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...based French business owners to come back; another 15 are thinking about it. Director general Guy Giustini says: "We're encouraging successful entrepreneurs and skilled workers - French and American - to expand their activity to Europe via Marseilles, not close shop in the U.S. It's not a zero-sum logic." It's no huge job engine; the businesses launched under Home Sweet Home involve around 80 employees. But some are impressed. "I was surprised to see how many solid and savvy business partners were already here," says Olivier Zelphati, returning after eight stateside years to start...

Author: /time Magazine | Title: Doha In The Dumps | 2/23/2003 | See Source »

...Mtukudzi's best-known songs outside Zimbabwe is Hear Me, Lord (1994), a high-speed ride to heaven on a guitar riff. The rousing plea for divine intervention was covered by American singer Bonnie Raitt. Perhaps better than any other song in his catalog, its lyrics sum up how Zimbabweans, many devoutly Christian like Tuku, feel today: "Help me Lord, I'm feeling low." "Zimbabwe needs God," says Fungisai Zvakanapano, a rising gospel star. "That's where our future is." The future is definitely on Tuku's mind. "I hate songs that only work for a particular period," Mtukudzi says...

Author: /time Magazine | Title: Singing The Walls Down | 2/23/2003 | See Source »

...example, consider a 77-year-old Chicago couple with a home worth $250,000. On the basis of life expectancies, they would qualify for a reverse-mortgage lump sum or line of credit of $175,600 or a monthly payout that would add up to that amount by the time they were both expected to be dead, minus loan costs (in this case, they would net $1,069 a month...

Author: /time Magazine | Title: The Backwards Loan | 2/17/2003 | See Source »

When the homeowner moves out or dies, the amount that must be paid back to the bank is the sum of the payouts plus interest (more on the interest later) as well as any fees financed as part of the loan...

Author: /time Magazine | Title: The Backwards Loan | 2/17/2003 | See Source »

...doesn't rain - the square in front of the lopsided St. Etienne cathedral fills with stands of booksellers offering hand-tooled, gold-leafed and leather-bound volumes along with used paperbacks. The cathedral itself is a little wacky - built between the 11th and 17th centuries, it's the odd sum of some pretty disparate parts, but well worth a look. Behind it, in the Place Dupuy, a new Saturday marché créatif sprouted last year, with so far about a dozen artists and artisans offering their handmade wares. Sunday morning is the biggest market feast of all. First...

Author: /time Magazine | Title: This Little City Went to Market | 2/17/2003 | See Source »

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