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...world. "Who ever thought you could build a palm island?" he says. "You can never imagine the things they'll come up with next." In fact, if prices come down a little more, he's thinking of buying a few properties of his own, perhaps a villa for when he grows older and starts a family. "My grandfather had a saying: Land will never let you down." That's a maxim that could be severely tested - even in Dubai...

Author: /time Magazine | Title: The Slump Hits the Gulf: No More Palm Islands? | 9/17/2008 | See Source »

...apartment, but kept the other three.) Soon after, Rangel admitted he had used congressional stationery to set up meetings with potential donors to a new college center being named after him. Then, early this month, Rangel said he had neglected to declare $75,000 in rental income from a villa he owns in the Dominican Republic. Rangel says his accountant is reviewing his records and vowed to pay whatever back taxes he owes. The congressman, whose committee chairmanship puts him essentially in charge of the federal tax code, has also asked the House ethics committee to investigate his ownership...

Author: /time Magazine | Title: Charles Rangel | 9/17/2008 | See Source »

...allegation follows a protest on the Mediterranean island of Corsica, where a small minority of nationalist militants has agitated for greater autonomy from France for decades. On Aug. 30, a group of 50 or so activists occupied the luxury villa of comic actor and Sarkozy intimate Christian Clavier. The protest, which sought to highlight the "colonization" of the island by wealthy French mainlanders, was clearly also designed to embarrass Sarkozy by targeting his film star buddy's sumptuous vacation abode. Protesters stayed about 90 minutes, just long enough to help themselves to some of the cellar's best bottles...

Author: /time Magazine | Title: Sarkozy vs. the Corsicans | 9/4/2008 | See Source »

...villas, naturally, are designed for high-seclusion romance. You can't see or hear your neighbors and can rest assured that your dedicated "villa host," or butler, only appears when you dial for him (his telephone number is saved in a cell phone presented to you upon check...

Author: /time Magazine | Title: Double Your Fun | 8/28/2008 | See Source »

...making wishes and floating candles down the lagoon (a practice during Loy Krathong), or by writing a wish on paper, tying it to a giant lantern and watching it go up into the starlit sky (as the Thais do during Comb Loy). You'll head back to your villa afterward to find that the staff haven't left chocolates on the bed - which would be rather infra dig, one suspects, for a place like the Banyan Tree - but silk pajamas. The next morning holds nothing more stressful than deciding which of your two pools you will be basking beside...

Author: /time Magazine | Title: Double Your Fun | 8/28/2008 | See Source »

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