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...estimated 32 million people will be in it this year as the San Ildefenso children draw numbers from large gold drums in the Grand Salon of the Spanish National Lottery in Madrid. One of the drums contains thousands of wooden balls each with a unique ticket number. The smaller vessel contains 1,787 balls displaying a cash amount. Waiting crowds will yell "Gordo! Gordo!" as each prize is matched up with a ticket number, and hope for a little extra stimulus money amid the global financial crisis...

Author: /time Magazine | Title: The World's Biggest Lottery | 12/22/2008 | See Source »

...Shortly after the Sirius Star was hijacked, the Shabab and other Islamist groups in Somalia denounced its capture on the grounds that it was impermissible to seize a Muslim-owned vessel. They even threatened to attack the pirates and free the ship...

Author: /time Magazine | Title: A Pirate Ransom Deal: Who Gets the Money? | 12/4/2008 | See Source »

...concluded that half of the U.S. reef ecosystem is in poor or fair condition and it foresees no improvement in the future. "Reefs all over the world and in the U.S. are suffering," says Dr. Richard Dodge, dean of Nova Southeastern University's Oceanographic Center in Dania Beach, Fla. Vessel-related damage continues to be a big problem, and the two latest incidents are just "one more nail in the coffin...

Author: /time Magazine | Title: What's Killing Florida's Coral Reefs? | 11/26/2008 | See Source »

...wasn't until the last decade or two that more attention was given to these forests of the sea. Vessel groundings, coastal construction, pollution and climate change have all severely affected and continue to have a detrimental impact on sea life around the world, with more and more coral threatened with extinction. In 2006, the staghorn and elkhorn corals, prevalent along South Florida waters, were listed as threatened species under the federal Endangered Species Act (Staghorn coral is present in the Breakers reef, but it is not believed to have been damaged this time around...

Author: /time Magazine | Title: What's Killing Florida's Coral Reefs? | 11/26/2008 | See Source »

Sarah Palin became a reflective postscript to the Bush presidency. W.'s compassionate conservatism segued into Palin's hockey-momism--both deceptive shrouds for a disinterested, narrow-minded belief system and jingoistic worldview. She emerged as the standard bearer of empty-vessel politics, which, following our next era of national complacency, may triumphantly return...

Author: /time Magazine | Title: Who Will Be Person of the Year 2008? | 11/20/2008 | See Source »

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