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Some 134 years and a $75 million face-lift later, the buildings remain an extremely desirable address, inhabited this time by upmarket fashion labels such as Marc Jacobs and Chloe, and a hotel, W Istanbul, tel: (90-212) 381 2121. One of the boutique chain's two European properties (the other is in Barcelona), W Istanbul is a curious mix of bling - crystals and ambient pink lighting feature heavily - and classic Ottoman design elements such as sleek marble hammam-style bathrooms and colors of rich chocolate, cream and dark red. (See 25 authentic Asian experiences...

Author: /time Magazine | Title: Young Turk: W Istanbul Hotel | 12/16/2009 | See Source »

Ryukyu Mura In an effort to preserve local culture after the decimation wreaked by WW II, traditional wooden houses from other islands were uprooted and reconstructed as a village at Ryukyu Mura, tel: (81-98) 965 1234, near the west coast of the main Okinawa Island. But this is no theme park. The elderly residents (locals regularly top the world's longevity lists thanks to a healthy diet and lifestyle) are serious about saving their way of life and will happily chat to you for hours on end over endless cups of green tea and sata andagi - sweet, deep-fried...

Author: /time Magazine | Title: Five Reasons to Visit Okinawa | 12/16/2009 | See Source »

Urizun With over 100 varieties of awamori, the 30-year-old Urizun bar and restaurant, tel: (81-98) 885 2178, in Okinawa's capital Naha is an institution and a world away from tourist haunts. The liquor goes down well with mimigaa - boiled, chilled and thinly sliced pigs' ears - or boiled trotters (chock-full of youth-enhancing collagen). The Okinawans love a drink and a good time, so expect to be invited to join in an impromptu sing-along...

Author: /time Magazine | Title: Five Reasons to Visit Okinawa | 12/16/2009 | See Source »

That remains to be seen, but the world cannot afford the failure of Sheik Mohammed. Whatever Dubai's excesses, this metropolis on the desert edge - not Cairo, Beirut, Tehran or Tel Aviv - has become the Middle East's crossroads of cooperation. In a region where conflicts still rage, Dubai has become a place where Arabs and others have learned to go to build a future together. In a 2007 speech to international business leaders, Sheik Mohammed chastised Arabs who preferred "to sit around waiting, praising our glorious past and blaming others for our failures and our problems." Instead, he said...

Author: /time Magazine | Title: Dubai's Woes a Blow to Ambitious Ruler Sheik Mo | 12/1/2009 | See Source »

...study was authored by Harvard Law School Professor Lucian A. Bebchuk, Holger Spamann, a lecturer at the Law School, and Alma Cohen, a visiting law professor from Tel Aviv University. The authors attempt to dispel what they call the “standard narrative of the meltdown” that does not give payment schemes a leading role in the financial crisis...

Author: By Diana McKeage, CONTRIBUTING WRITER | Title: Harvard Study Faults CEO Pay | 11/25/2009 | See Source »

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