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...purchase price is just the first of the expenses and challenges that come with owning land in the middle of a body of water. There's the cost of getting there and back, and of course, all supplies must be transported by boat or air from the mainland. Bob MacDonald, 62, owner of Lower Birch Island in Addison, Maine, recalls how he and his wife once had to transport their refrigerator by canoe. When they're on-site, modern conveniences like dishwashers and washing machines often require costly power-generation systems. Recently, however, some owners have begun turning to solar...

Author: /time Magazine | Title: Your Own Private Island | 2/29/2008 | See Source »

...trains a day over 39,000 miles (62,750 km) of routes, making it the world's largest railroad under a single administration. It was also notorious for being slow, inefficient and requiring constant government bailouts. But over the past six years, India's most important form of transport - "the lifeline of the nation" as it is often called - has undergone a remarkable turnaround. In its fiscal year ending March 2007, Indian Railways made more than $5 billion. Services are improving and rail bosses have announced plans to spend billions on new rolling stock, faster lines and new stations. Though...

Author: /time Magazine | Title: Working on the Railroad | 2/28/2008 | See Source »

...being ordered to leave their posts minutes before the crowd gathered for the attacks on foreign embassies; some did not return until 45 minutes after the first rocks began to fly. Yet Serbian Prime Minister Vojislav Kostunica later declared himself satisfied with the performance of his police force, and Transport Minister Velimir Ilic even remarked that the damage done to the embassies pales next to Serbia's suffering over the loss of Kosovo. Foreign ambassadors, he said, "fared really well, considering what they deserved...

Author: /time Magazine | Title: Serbia: Separation Anxiety | 2/28/2008 | See Source »

...Rather than criticize the environmental impact of this car, people around the world should praise these Indian innovators for their contribution to a developing economy.The subcompact vehicle introduced last month costs $2,500 and Tata’s self-proclaimed goal is to make automotive transport accessible to every Indian family, calling it “The People’s Car.” Proponents laud the Nano as a giant egalitarian step for India that will help to break down class barriers and bring transport to the masses. Such praise has been drowned out, however, by critics...

Author: By James A. Mcfadden | Title: India’s ‘Model T’ | 2/25/2008 | See Source »

...also championing a massive public works project - the planned Grand Korean Waterway, a controversial 336-mile canal that would link the country's industrial northwest to the southeast city of Busan, south Korea's largest port. The government says the canel will attract tourists, provide cheaper freight transport and stimulate economic development in the interior. Environmental groups and opposition politicians are calling the project a boondoggle, although Lee insists the $16 billion project can be privately funded so that taxpayers won't have to pick up the tab. "Obviously, [the canal] would help the economy," in part because it would...

Author: /time Magazine | Title: Can South Korea's President Deliver? | 2/25/2008 | See Source »

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