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...already installed barge-based power generators that run on diesel, but that is a temporary, and expensive, solution. The building of dams and coal-based generators is stymied by political disputes. The Indus River, a potential source of hydropower, runs through two provinces whose governments cannot agree on water-sharing rights. Development in Baluchistan, which has rich reserves of coal, has been held hostage to a local insurgency rooted in long-simmering resentments over what it considers to be the central government's exploitative approach to the province. "Baluchistan is central to Pakistan's economy," says the Crisis Group...

Author: /time Magazine | Title: Dangerous Ground | 7/10/2008 | See Source »

...larger share of their meager incomes on necessities. UNICEF estimates that an additional 1.8 million children in India may be on the brink of malnutrition due to high food costs as households scale back on meals. In the Philippines, farmers, unable to afford fuel for tractors, are reverting to water buffalos to plow their paddies...

Author: /time Magazine | Title: Tiger Trap | 7/10/2008 | See Source »

...courses and wear red strings on their wrists to ward off the Evil Eye (a practice not directly linked to traditional Kabbalah study). While some Jewish leaders have criticized the group for turning an ancient tradition into a sham pop spirituality (see its cynical sales of supposedly curative "Kabbalah water"), the center's emphasis on a more personal connection with the Almighty might not necessarily have seemed out of place to its earliest adherents...

Author: /time Magazine | Title: A Brief History Of: Kabbalah | 7/10/2008 | See Source »

...friends cram the point break under the admiring eye of a local surf-school instructor. They hoot and holler, gliding toward the beach. At night, the bush echoes with the sounds of their revelry. But there's a feeling that this is all the calm before a storm. Agnes Water probably still looks the way it did in the late 18th century, during Cook's sail-by. But be warned: the 21st Century is closing in fast...

Author: /time Magazine | Title: Sea Change | 7/9/2008 | See Source »

...growth expectations for this year close to zero. Spain has stopped growing. The U.K. is teetering on the edge of recession. And Germany, Europe's biggest economy, is finally showing signs of a marked deterioration. "It's hard to find a country that's keeping its head above water," says Véronique Riches-Flores, chief European economist at French bank Société Générale. Business leaders ranging from Sir Stuart Rose at British retailer Marks & Spencer to Renault's CEO Carlos Ghosn are sounding the alarm. At Burberry, the luxury-goods firm, CEO Angela...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

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