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...with clubs accumulating muscle and money right across Europe - until recently, the most powerful were grouped together into a representative organization known as G-14 - FIFA's proposals may also be an attempt to re-emphasize the governing body's authority. For instance, rich clubs across the continent paying vast sums in players' wages have long bickered with FIFA's national soccer federations over the release of those players for international matches, something FIFA requires of clubs...

Author: /time Magazine | Title: A 'Foreigner' Quota for Soccer? | 5/30/2008 | See Source »

Likewise, Nasser al-Shaikh, chairman of Amlak Finance, the largest publicly owned Islamic finance firm in the United Arab Emirates, spoke of the need to unlock the Gulf's human potential by improving education and training, and luring more skilled workers from overseas. The region's ambitions are vast - from the new economic cities being planned in Saudi Arabia to the huge construction projects rising up in Dubai to the renewable energy research being funded in Abu Dhabi. "But can we attract the talent to execute the projects we have in mind?" asked al-Shaikh...

Author: /time Magazine | Title: Giddy Heights: Boom in the Gulf | 5/29/2008 | See Source »

...heading off devastating climate change--and to sidestepping out-of-sight oil prices along the way--is to improve technology. We need good alternatives to fossil fuels, not the ersatz variety in which we convert corn to ethanol and then face soaring food prices. We need to harness vast amounts of solar power and start storing the carbon dioxide emitted by coal-fired power plants underground. We need green buildings that demand less energy for heating and cooling, and automobiles that get vastly more miles per gallon...

Author: /time Magazine | Title: Uncle Sam Needs to Solve the Energy Crisis | 5/29/2008 | See Source »

Between songs, Rescorla called his wife. "Stop crying," he said. "I have to get these people out safely. If something should happen to me, I want you to know I've never been happier. You made my life." Moments later, he had successfully evacuated the vast majority of Morgan Stanley employees. Then he turned around. He was last seen on the 10th floor, heading upward, shortly before the tower collapsed. His remains have never been found...

Author: /time Magazine | Title: A Survival Guide to Catastrophe | 5/29/2008 | See Source »

There's no such thing as breaking news when it comes to us from space. It's not enough for an event to occur; word of it must then travel to Earth across the vast ocean of the cosmos. The dispatch may move at the speed of light, but the journey can still take hours, years, epochs--turning current events into history long before we ever learn of them. Signals from the Cassini spacecraft, currently studying Saturn's moons, take 84 min. to reach us; the supernova whose cataclysmic birth astronomers observed earlier this year was already fading millions...

Author: /time Magazine | Title: Cosmic News | 5/29/2008 | See Source »

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