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...like supporting my children now, when I should be putting money away for my retirement." Then he immediately adds, "We can afford to be generous, and I can see my daughters' progress toward independence." Maria Beltran, 50, an immigrant from Guatemala who is an accounts-payable clerk in Simi Valley, Calif., is just as committed to her children as Bengtson. Divorced, she offers a home and more to Jennifer, 22, and Tony, 24, because, she feels, "they are all I ever had. My dream was to keep the family together." Although Beltran's salary is modest and she has only...

Author: /time Magazine | Title: Parents Who Give Too Much | 1/29/2001 | See Source »

...entire mess flows not only from a deregulation plan that did not live up to the word deregulation but also from California's failure to complete a single large power plant over the past 10 years, even as Silicon Valley boomed and the state economy expanded 34%. "This is virtually a crisis by design," says Yergin. "At the heart of the problem in California is the lack of new construction...

Author: /time Magazine | Title: The New Energy Crunch | 1/29/2001 | See Source »

...Mongla sprawls across a spacious valley bound by dark hills. I drove along the high street, where many old buildings had been demolished and replaced by the standard-issue shophouses, some of which doubled as cheap brothels. Most residents had retreated inside to escape the sweltering heat, and the streets were empty apart from a grimy Akha woman sifting through the trash cans...

Author: /time Magazine | Title: Burmese Daze | 1/28/2001 | See Source »

...giant of Napa Valley focused on the South of France in the early '90s, when a mutant strain of phylloxera grub was eating its way through California's vineyards. Mondavi looked abroad to satisfy U.S. consumer demand for wine, which was increasing 30% each year. The company found what it was looking for in the Languedoc, where grape growers were starting to market single-variety wines. The Languedoc was also a region that was abandoning bulk production in favor of high-quality winemaking. "If you look at the climate and the soils here, you've got every element you need...

Author: /time Magazine | Title: Vinicultural Envoy: David Pearson | 1/22/2001 | See Source »

...after its formation, when the planet was still being bombarded by large objects from space. One Mars-size chunk, by that calculation, would have slammed into Earth only 50 million years before the crystal formed, ejecting enough material to create the moon. Says University of Wisconsin (Madison) geologist John Valley: "Perhaps the moon formed earlier than we thought, or by a different process...

Author: /time Magazine | Title: Rock Of Ages | 1/22/2001 | See Source »

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