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...naval base may be ugly and unglamorous, but thanks to a group of high-profile foreign investors, Tivat is about to be reborn. Next month, construction begins on a new marina for megayachts that its backers say will help turn this lowly industrial town into a glistening new Monaco. Its current appearance notwithstanding, Tivat is fortuitously situated on the so-called Venice-Corfu leg, the fastest-growing cruise destination in the Mediterranean and a pleasure ground for some of the world's wealthiest people. Montenegro's roads are crumbling, its power supply sporadic and its sewage system inadequate...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...Munk recalls his first meeting with Djukanovic in 2004 when Montenegro was still joined to Serbia. "He said to me: 'I am going to get independence and I want to raise the standard of living of my people. The way I can do this is turn this into another Monaco.' I told him, 'If you mean what you say, then you've got one of the only men in the world who can make it happen...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...know, Karen, I give full credit to the Karl Rove acolytes who are working for John McCain, and one of their general strategies is to try to turn strengths into weaknesses. The enthusiasm and involvement at the grass roots that we've seen in my campaign, I consider a strength. That's one of the reasons we are able to compete in 18 [battleground] states. But those crowds and those rallies, those people have not come out because of my speechmaking...

Author: /time Magazine | Title: Obama on His Veep Thinking | 8/20/2008 | See Source »

...compete against the "Redeem Team." On offense, "we didn't try to beat them off the dribble," said point guard Mills. They passed and cut to the hoop with precision and shot well from behind the three point arc. Nor did they ever allow the U.S. to turn it into a track meet. Fast break points were almost evenly distributed, the U.S. scoring 14 off the break to Australia's ten. (Against Spain last week, that figure was 32-zip in Team USA's favor...

Author: /time Magazine | Title: The Redeem Team Keeps on Rolling | 8/20/2008 | See Source »

...Even before this month's crescendo of strikes sounded its loudest note Tuesday, French security officials aired concerns AQIM may be planning to again turn the Ramadan holy month, which starts September 1 this year, into a season of blood-letting as jihadists in Algeria and elsewhere have in the past...

Author: /time Magazine | Title: Mounting Terror in Algeria | 8/19/2008 | See Source »

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