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...Rich Russians are accustomed to huge markups on luxury brands sold in their country. Top fashion labels can sell for up to 1,000% of what they would in the U.S. or Western Europe. But factor in inflation and the devaluation of the ruble, and the price is too high for many, says Grankina. "There is a layer of wealthy people who are willing to pay up, but when the ruble falls against other currencies, sellers pass that on to consumers at a time of inflation, so things become much more expensive...

Author: /time Magazine | Title: Fashion Disaster: Luxury Takes a Hit in Moscow | 3/31/2009 | See Source »

...disagreement between the two camps reflects the contradictions inherent in contemporary Western feminism. Grounded in Simone de Beauvoir’s notion of “becoming women,” today’s feminists maintain that being a woman is not a natural consequence of having a female-sexed biological body; rather, a person becomes a “woman” through assimilation into a socially constructed category defined in opposition to “man.” Yet the ambiguity of the verb “becoming” invites both passive and active interpretations...

Author: By Courtney A. Fiske | Title: ‘Sexiness’ or ‘Sexism’? | 3/30/2009 | See Source »

...This is not the first time gang-related violence has shocked Australia. In the parking lot of a tavern in western Sydney 25 years ago, the Comancheros and the Bandidos went at each other in a shoot-out that left seven people, including a female bystander, dead and the community stunned. Australians hope those days haven't returned...

Author: /time Magazine | Title: Outbreak of Biker Violence Leaves Australia on Edge | 3/29/2009 | See Source »

...economic integration being advocated by Sarkozy is not exactly selfless, however; it's entirely compatible with advancing France's economic interests and its waning political influence across the continent. The DRC, which is the size of Western Europe and is the world's largest French-speaking nation, is also fantastically rich in resources, and could logically be expected to partner with France when restored stability allows economic and industrial development to begin in earnest. Exchanges between the two countries now stand at a modest $250 million per year; but that might be boosted as a result of a trip...

Author: /time Magazine | Title: Behind President Sarkozy's Africa Trip | 3/27/2009 | See Source »

Jose Reyes Ferriz, mayor of the Mexican border city of Juarez, presides over what may be the western hemisphere's most dangerous town, certainly the hardest hit by Mexico's drug-war terror. Since the start of last year, Juarez has seen almost 2,000 drug-related murders. Reyes this month requested thousands of federal army soldiers to rein in the violence, which has subsided for the moment - giving him a chance to rebuild Juarez's corrupt police force. He talked with TIME's Tim Padgett this week about his police reform, drug-cartel death threats against him and comparisons...

Author: /time Magazine | Title: Juarez: Running the Most Dangerous City in the Americas | 3/27/2009 | See Source »

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