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...Black Friday alone, preliminary figures indicate that sales rose a modest 0.5%, to $10.66 billion from $10.6 billion a year ago, according to ShopperTrak, a research firm that tracks activity at more than 50,000 retail outlets. Sales fluctuated by region, with the West scoring the biggest increase at 4.7%. This was followed by the Midwest, where sales rose 1.3%, and the South, which posted a 0.6% gain. The Northeast took the biggest hit, with sales tumbling 4.9%. ShopperTrak co-founder Bill Martin reiterated his earlier projection of a 1.6% sales increase for 2009's holiday season...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

Ashley Nicole Valdes was a smart, pretty 11-year-old girl who often cared for her younger, mentally disabled sister while their single mother studied to be a paramedic. In January, while crossing the street to get to her home west of Miami, Ashley was struck and killed by a hit-and-run driver in a pickup truck - and became a heart-wrenching symbol of South Florida's notoriously reckless car culture. "You see all these people getting run over and you ask yourself: What's happened to us as people here?" says Ashley's mother, Adonay Risete. "We need...

Author: /time Magazine | Title: Florida's Deadly Hit-and-Run Car Culture | 11/29/2009 | See Source »

...crossroads between east and west in the desert nation of Turkmenistan, a quiet battle is under way for natural gas, oil and influence, and the U.S. and Europe are losing out to China and the Muslim world. There's a lot at stake: the Central Asian country has the world's fourth-largest reserves of natural gas and substantial oil reserves, putting it in the same energy league as Saudi Arabia, Russia and Iraq. Plus, its position just north of Afghanistan could be hugely beneficial to NATO as it seeks more reliable supply routes to its troops on the ground...

Author: /time Magazine | Title: East and West Scramble for Turkmenistan's Riches | 11/29/2009 | See Source »

...Meanwhile, the West finds itself standing on the sidelines. Since 2002, U.S. officials have tried to secure the right to truck food and other supplies from Europe to its troops in Afghanistan via Russia and Turkmenistan, but have been consistently rebuffed. The U.S. has only been given permission to fly humanitarian supplies through Turkmen airspace - but no military hardware. Earlier this year, Gen. David Petreaus, chief of the U.S. Central Command, met with Gurbanguly Berdymukhamedov, who became Turkmenistan's new President when Niyazov died in 2006, but was unable to persuade him to open his country even a crack...

Author: /time Magazine | Title: East and West Scramble for Turkmenistan's Riches | 11/29/2009 | See Source »

...West has other problems to contend with, too. At the October investment conference in Ashgabat, several businessmen said a major obstacle was the fact the Turkmen have little time for Western values of democracy and free-market economics. Berdymukhamedov's regime is one of the most dictatorial in the world, keeping tight reins on the media and political opposition and allowing only the barest beginnings of private enterprise. "The reaction to our proposals is always, 'Thanks but no thanks,'" says one Western diplomat, who requested anonymity for fear of hurting his operations in the country. "It comes down to trust...

Author: /time Magazine | Title: East and West Scramble for Turkmenistan's Riches | 11/29/2009 | See Source »

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