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...Many luxuries long denied, either by sanctions or by the dictator's whim, were suddenly available in the months after the fall of Saddam Hussein. Cable TV quickly became ubiquitous, and cell phones soon followed. The shops of Karrada overflowed with big-screen TVs, fridges and air conditioners despite the scarcity of electricity. Upmarket stores suddenly offered such foreign delicacies as chocolates, cornflakes and canned tuna. Then in the summer of 2004, while on a break from Iraq, I got an e-mail from Salah: "Dog food has arrived in Wardah...

Author: /time Magazine | Title: Five Reasons for Hope in Iraq | 11/29/2008 | See Source »

...recent history. Of all of the amazing growth stories in Asia's economic miracle, South Korea's is probably the most miraculous. In a mere generation, the country transformed itself from an impoverished backwater living on American aid to a globally competitive manufacturer of microchips, cars and flat-screen TVs. Any setback to that progress is taken with grave seriousness. During the 1997 crisis, office workers, too ashamed to tell their families they had lost their jobs, donned business suits each morning only to hide out in the mountainside parks around Seoul. Middle-aged women turned over their gold jewelry...

Author: /time Magazine | Title: A Depressed Mood | 11/13/2008 | See Source »

...people from Mabini, a small city in the central Philippines, started to leave for Italy to find better-paying jobs. Today, some 70% of the neighborhood is supported by monthly checks from Rome or Milan. Now, Italian-inspired villas crowd the town's hilly streets. There are flat-screen TVs, luxury cars and pricey Toblerone chocolates. But, as Florian De Jesus, a social worker in the area, observes, "In Italy, there are more women...

Author: /time Magazine | Title: The Motherless Generation | 11/13/2008 | See Source »

...cooking, I still do all the hiring and firing of the staff,” he says. “I do TVs and radios. My father is more like the brain of the business—he develops recipes, names the burgers. He drops in for a couple of hours every day, still...

Author: By Youho T. Myong, CONTRIBUTING WRITER | Title: Bartley's Burger Cottage, Harvard Square Icon, Keeps the Grill Aflame | 11/13/2008 | See Source »

...silver lining - for consumers anyway - may be discounted goods at the 155 outlets that the chain announced late last week it would close. JPMorgan's Christopher Horvers reported flush inventory and 10% off everything from TVs to notebook computers. Good luck finding a salesperson...

Author: /time Magazine | Title: Why Circuit City Busted, While Best Buy Boomed | 11/11/2008 | See Source »

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