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...most lethal of Europe's recent disasters, however, was unrelated to the storms that so devastated Central Europe. Tourist settlements near the Russian Black Sea port of Novorossiysk were hit Aug. 8 by tornados and flash floods that destroyed 424 houses and killed 59 people. The death toll there is expected to climb as rescuers get to cars washed away by the floods or crushed by falling trees and buildings. --Reported by Uwe Gunther, Charles P. Wallace and Regine Wosnitza/ Berlin, Jan Stojaspal/Prague and Paul Quinn-Judge/Moscow

Author: /time Magazine | Title: Besieged And Deluged | 8/26/2002 | See Source »

...9/11 and the recession changed everything. At first, it was not so much the fear of a terrorist attack as the worry of being stranded far from home that crimped air travel. Long waits at security checkpoints took their toll. Companies sought alternatives--driving and taking Amtrak; doing business by phone and e-mail or via better-quality and lower-cost videoconferencing technologies--and found they weren't so bad, especially since they helped cut costs. When they did fly, business travelers and their bookers joined leisure travelers in seeking the best deals on the Internet, even if that required...

Author: /time Magazine | Title: Air Travel Gets A New Model | 8/26/2002 | See Source »

Life expectancy is increasing except in Africa, where AIDS and other infectious diseases have taken a toll. Lower birth rates will start to level the global population by mid-century...

Author: /time Magazine | Title: The State of the Planet | 8/26/2002 | See Source »

...luxuriated in civic self-confidence [and] flaunted its excesses." England's Queen Victoria visited five years in a row for a couple of months each winter, along with 60 staff. After World War I a series of setbacks - the Great Depression, German occupation, local corruption scandals - took their toll, even as sunbathing became fashionable and ordinary folk began flocking to the Côte d'Azur in the summer. Now, asserts the generally optimistic Kanigel, Nice has all the woes of mass tourism - traffic jams, polluted beaches, collapsing sewage systems and a mur de beton, or concrete wall, of hotels...

Author: /time Magazine | Title: Too Nice for Too Many | 8/25/2002 | See Source »

...smartest plays are "adult toys," says Ron Muhlenkamp, manager of the $750 million Muhlenkamp Fund. He owns stock of the recreational vehicle manufacturer Winnebago, which is a play on the second-home trend. For the same reason, he also holds shares of homebuilders Toll Bros., Meritage, Centex, NVR and Beazer Homes. Harley-Davidson is on his radar, though he considers the stock overpriced. Muhlenkamp, 58, who bought his first new Harley when he was 49, notes that many new Harley purchasers are in their late 50s. The average age is 46. A lot of folks want one after they finish...

Author: /time Magazine | Title: How to Surf the Age Wave | 8/12/2002 | See Source »

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