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...waterworks on the Vltava. "It simply rained a lot." Others are not so sure. If climate change is taking place, then researchers would expect more frequent bouts of unexpected and severe storms - and last week's deluge might be an example of this. "It's a case of one swallow doesn't make a summer," says Michael Coughlan, director of the Climate Program at the World Meteorological Organization in Geneva. "If you were to start to see more events like this, then you might begin to say we are seeing global warming in action." Global warming or not, most people...

Author: /time Magazine | Title: Raging Waters | 8/18/2002 | See Source »

...despite his left-leaning roots, he is a carnivorous capitalist. Starting with a single Whole Foods store in Austin in 1980, he took 12 years to expand to five outlets. But after taking his firm public in 1992, he steadily opened new stores and used his equity to swallow competitors, buying 15 regional chains, including New England's Bread & Circus and California's Mrs. Gooch's Natural Foods Market...

Author: /time Magazine | Title: Organic Growth | 8/12/2002 | See Source »

...That's an expense many Chinese are willing to swallow these days, along with large helpings of deep-fried pork balls and buckets of KFC. More than 70 million Chinese are classified by the government health ministry as overweight, owing to the fast food and fast living that is playing havoc with upwardly mobile mainlanders' waistlines. "In the past, everyone was so poor," says Zhao Min, 28, a Shenzhen dentist who practices combined yoga/ballet three times a week. "People didn't have the time or money to spend on themselves, but at least they were healthier because they ate simple...

Author: /time Magazine | Title: The New Sweatshops | 7/29/2002 | See Source »

...find another French candidate from a very short list of suitable alternatives. Christian Noyer, former E.C.B. vice president, has been mentioned, but he may fall foul of rules that say board members' terms are "nonrenewable." Of course there is always the possibility that the French will swallow their pride and let the position fall to a capable outsider. But although the E.C.B. sets crucial monetary policy for 12 nations and prides itself on independence from politics, that's a bet few seasoned gamblers would take. INTELLECTUAL PROPERTY A Fight for the Rights to Silence When Mike Batt, British writer...

Author: /time Magazine | Title: Things Get Tricky for Trichet and the E.C.B. | 7/21/2002 | See Source »

...WorldCom--once big and rich enough to swallow No. 2 long-distance carrier MCI--struggles to survive, it is laying off 17,000 workers. Its stock, which peaked at $64.50 three years ago, stopped trading last Tuesday at 83[cents], having all but wiped out employee retirement accounts. The plunge in WorldCom shares has cost investors upwards of $175 billion--nearly three times what was lost in the implosion of Enron. WorldCom is not yet financially bankrupt, but it's clear that it--like a fat slice of corporate America--has been ethically bankrupt for years. We're only...

Author: /time Magazine | Title: WorldCon | 7/8/2002 | See Source »

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