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...maintenance and replacement of old systems can appear prohibitive. (To provide some scale: New York City budgets roughly $2 billion a year for maintenance and development projects.) But those costs may be paltry compared, in an extreme case, to the more than $81 billion in damages after Hurricane Katrina swept floodwaters into New Orleans and the gulf coast. Yesterday's pipe explosion in Manhattan may cost New York City millions not only in repair and police and fire department overtime but in likely lawsuits from businesses and individuals...

Author: /time Magazine | Title: Cities Breaking Down | 7/19/2007 | See Source »

...years ago a financial typhoon known as the Asian Crisis smashed into Bangkok. Over the next 15 months it swept through Jakarta, Kuala Lumpur, Hong Kong and Seoul. Tens of thousands of people lost their jobs. Others paid a higher price. Hundreds of Indonesian Chinese, accused by rioters of being accomplices to a corrupt regime, lost their lives or were raped in the violence that accompanied the ouster of Indonesia's long-serving autocrat Suharto. Abandoned half-built buildings throughout Asian cities stood as mute reminders not only of the shattered hopes of many an empire builder but also those...

Author: /time Magazine | Title: Accident Insurance | 7/12/2007 | See Source »

...walking game must also be terrestrial, and the best shots were hit low to the ground. This was particularly true in wind-battered Carnoustie, where nothing in the air is safe. In this part of Scotland, where golf has been played since the 1500s, even breeze-hardened seagulls are swept across fairways like errantly sliced golf balls. But the course, with par fours frequently stretching in excess of 450 yds. (411 m), proved too long for the standard earthbound strategy. That was the Carnoustie challenge: how to develop a shot that wouldn't be at the mercy of the gales...

Author: /time Magazine | Title: Golf is Hell | 7/11/2007 | See Source »

Which brings us to Facebook. Founded at Harvard early in 2004 by sophomore Mark Zuckerberg and transplanted to California that summer, it swept the nation's campuses with its unique mix of exclusivity (you couldn't sign up without a college e-mail address) and postadolescent rambunctiousness. Facebook began admitting high schoolers in 2005, started hooking up workplace networks (first at companies that employ lots of recent grads) in April 2006 and opened to all in September...

Author: /time Magazine | Title: Old Friends on Facebook | 7/5/2007 | See Source »

This type of weather always brings tragedy - cars swept away, traffic accidents, flooded homes - but out in the hills it also brings abundance. Ranchers won't be burning the spines off cactus this year to provide food for grazing cattle. The deer population, savaged last year as starving does aborted their fawns, likely will see a baby boom marked by twin births, common in green years. "It's amazing," Robert Perez, a state wildlife biologist told the Houston Chronicle. "I've been around the state over the past several weeks, and it's like a new world. Everything's green...

Author: /time Magazine | Title: Treasures from a Deluge | 6/28/2007 | See Source »

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