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...Since the global financial crisis hit, the more sober Gulf economies have fared relatively well. Not only is the Middle East less integrated into global financial market than other regions, but oil prices have risen again since their initial decline last year. Unlike Dubai, the oil economies of the Middle East have been more sober during the boom years, putting their money in massive infrastructure projects, building cultural institutions, and keeping big piles of cash on hand for a rainy day. Dubai may want to do the same...

Author: /time Magazine | Title: Will Dubai's Financial Problems Spread? | 11/27/2009 | See Source »

...Well, pardon my saying so, but I don't want them. I don't want to pay less. If anything, I'd rather pay a little more...

Author: /time Magazine | Title: Why Big Shopping Bargains Are Bad News For America | 11/27/2009 | See Source »

...Crazy talk, I know. Where is this coming from? Well, it began with some reading I've been doing about the trade-offs we make for ultra-cheap goods-the child workers in Bangladesh who sew our clothes and brush their teeth with ash since they can't afford toothpaste, the oceanic dead zones that come with $5 factory-farmed salmon filets. They're the sorts of stories that make a person think that buying carts full of cheap stuff-ensuring the production of even more cheap stuff-shouldn't be the social goal we've made...

Author: /time Magazine | Title: Why Big Shopping Bargains Are Bad News For America | 11/27/2009 | See Source »

There was no national plan. Departments tended to work side by side in silence. There was a need for a planning commission so we had an overarching plan for the country. So we created one. That also speaks to the need for the leadership to be well informed...

Author: /time Magazine | Title: Jacob Zuma: 'We Have to do Things Differently' | 11/26/2009 | See Source »

TIME: How do you merge your African heritage, being a proud Zulu who values his traditions, with being the leader of Africa's most westernized nation? Zuma: It's not a problem at all. Things merge well in South Africa. Our constitution embraces equality of culture and language. They must be respected. We do not deny that we have different people in our country. We have a lot of diversity. But we also have unity in that diversity. That diversity is also our strength: our nation is a place of meeting of cultures and of ways of life. We want...

Author: /time Magazine | Title: Jacob Zuma: 'We Have to do Things Differently' | 11/26/2009 | See Source »

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