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...fueled by the continuous rise of oil prices between 2003 and 2008 - helped put the region on the global economic map. In some ways, the boom became captive to a "mine is bigger than yours" syndrome. Competing states embarked on advertising campaigns and hired in public-relations firms to tout their wares. Developers and rulers alike pushed artificial islands (Dubai, Abu Dhabi, Qatar, Bahrain, Kuwait), and in many places real estate became the main economic activity. Officials promoted their cities as financial hubs as a way to diversify away from oil. Hundreds of millions of dollars were poured into national...

Author: /time Magazine | Title: Saudi Arabia's Lessons Learned | 5/25/2009 | See Source »

...made during the U.S. surge. But that has not happened. In the past year, while Mosul has remained the most violent city in Iraq, the rest of the country, with the exception of Diyala province, has indeed seen the lower levels of violence that U.S. and Iraqi officials regularly tout. (See pictures of Obama behind the scenes in Iraq...

Author: /time Magazine | Title: Will U.S. Troops Be Asked to Stay On in Mosul? | 4/16/2009 | See Source »

...would bring Nietzsche to tears. "The great forces of modernity--technology and democracy, choice and freedom--are all strengthening religion rather than undermining it," they write. Americans are "exporting their faith" by wedding it to their other gods: belief in free markets and "putting the consumer first." Corporations proudly tout Christian values, pastors like Rick Warren are launching publishing empires from the pulpit, and U.S.-style megachurches are sprouting from Seoul to Guatemala City, where one cavernous house of worship boasts a helipad (and an address off "Burger King Drive"). The authors falter by limiting their discussion of non-Christian...

Author: /time Magazine | Title: The Skimmer | 4/9/2009 | See Source »

Antismoking advocates tout this month's record increase in the federal cigarette-tax rate, which on April 1 spiked from 39¢ to $1.01 per pack, as a move that will bolster the federal budget while saving an estimated 900,000 lives. Supporters say the measure will stop 2 million kids from lighting up and spur about 1 million adults to quit, but the sharp hike has some smokers fuming. Cigarette taxes, detractors argue, are a way for governments to line their coffers by legislating personal choice--and a prime example of a regressive "sin tax," the term often used...

Author: /time Magazine | Title: A Brief History Of: Sin Taxes | 4/2/2009 | See Source »

...flag-waving, fact-quacking guides. But Zhongshan itself is carpeted with an enticing parade of hawkers: barbecued-meat vendors alternate with bootblacks banging their brushes together to attract custom, grizzled farmers hunch over mounds of dried persimmons, and pickled-vegetable sellers rub shoulders with eco-entrepreneurs whose handwritten signboards tout for secondhand MP3 players...

Author: /time Magazine | Title: Going off Stream in Guilin | 3/11/2009 | See Source »

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