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...Puig, who explained in a recent deposition that he never paid attention to his books, in part because his expertise was in matters like where to advertise property and whether to paint the doors yellow or white, and in part because he never imagined the Florida housing market could tank: "Of course, I trusted that the business, like always, would be successful...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

Bringing industry partners like Philips and traditional-clothing and -textile companies together with university researchers from across the E.U. and Switzerland, E.C.-funded teams have already produced prototypes with limited commercial availability, such as a tank top that wirelessly monitors cardiac patients and sports clothes that keep track of breathing. Other projects include fabrics that look and feel normal but are embedded with microcomputers, solar panels and energy-harvesting systems, as well as fabrics that measure blood oxygen levels and track biochemicals in sweat and bedsheets that monitor depression...

Author: /time Magazine | Title: Smarter Clothes | 7/3/2008 | See Source »

...success of El Phil's enterprise should not obscure how much remains to be done. Pierre Beckouche, a senior researcher with IPEMED, a Paris-based think tank on Mediterranean issues, says that regional economic advantages have been well exploited elsewhere over the past decade: by the North American Free Trade Agreement (NAFTA) in North America and the ASEAN free-trade area in Southeast Asia. But the E.U.'s 1995 "Barcelona Process," which was meant to encourage deeper ties across the Mediterranean, has largely been a Brussels-driven dud. "What's missing is a network of firms, of experts, of political...

Author: /time Magazine | Title: Mediterranean Crossing | 7/2/2008 | See Source »

...Razak is also under a cloud from another Malaysian sex scandal involving members of the political élite. In 2006, Abdul Razak Baginda, a political think-tank head and former adviser to Najib, was charged with abetting the murder of his Mongolian ex-lover. The aide is now standing trial, along with two government security agents who are accused of having killed the woman and blowing up her body with military-grade explosives in a jungle clearing near Kuala Lumpur. Najib has denied any knowledge of or involvement in the murder...

Author: /time Magazine | Title: Sex and the Malaysian Politician | 6/30/2008 | See Source »

...require support from the world's emerging economies, particularly in Asia, where the tactic is unpopular. "The appetite for international sanctions has decreased massively in the last 10 or 15 years because it's seen as much more difficult to enforce," says Thomas Cargill of the London-based think tank Chatham House. And since millions of Zimbabweans are struggling simply to survive, Western officials fear that sanctions could render them totally desperate - and more dependent than ever on Mugabe's regime. That's one reason why South Africa - where 1.5 million Zimbabweans are currently seeking refuge, their presence raising...

Author: /time Magazine | Title: The Art of Ousting Mugabe | 6/27/2008 | See Source »

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