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...Some economists worry that oversupply in both the residential and commercial real estate markets has already prompted a downturn in pricing, and that the recent government initiatives could lead to a hard landing. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the swimming venue for the 2008 Olympics. According to Colliers, commercial rents are now a shade lower than they were last year and residential prices have also begun to weaken. Residential prices, according to China Reality Research data, peaked late last year and are now headed...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...Germans ... don't want to bail out the feckless Greeks with their flagrantly inaccurate official statistics; they resent being Europe's banker of last resort; they object to the universal demand that they plug the vast holes in the Greek budget deficit in the name of 'European unity'; and for the first time in a long time they are saying it out loud." --3/8/10...

Author: /time Magazine | Title: Verbatim | 3/22/2010 | See Source »

...Times, tend to be younger, and are often former reporters or freelancers who don't have much of a food background. Even those like Jonathan Gold at LA Weekly or Tom Sietsema of the Washington Post, who came to the job with culinary experience, rarely had the kind of vast, transatlantic eating chops as Sokolov, not to mention 20 or 30 years of serious pro eating all over America. The list of writers who bring that kind of perspective can be counted on one maimed hand. There's Alan Richman at GQ, Jeffrey Steingarten at Vogue, Corby Kummer...

Author: /time Magazine | Title: In Praise of the Endangered Restaurant Critic | 3/16/2010 | See Source »

...Luxembourg was gouged out. Owing in part to warming global temperatures, Antarctica is losing ice all the time--about 24 cu. mi. (100 cu km) worth each year--a development that is slowly but steadily raising global sea levels, and scientists worry that climate change could suddenly accelerate that vast melting. But the models indicate that ice loss should be happening on the western edge of the continent, where it is warmer, not in the much cooler east. No doubt there are complicated scientific reasons for this, but it pretty much boils down to what one researcher told a reporter...

Author: /time Magazine | Title: The Moment | 3/15/2010 | See Source »

Creating a separate concentration for biomedical engineering will not require “a vast effort,” Howe said, as SEAS already offers the requisite classes and has faculty members who focus on biomedical engineering...

Author: By Gautam S. Kumar and Evan T. R. Rosenman, CRIMSON STAFF WRITERS | Title: SEAS Creates New Concentration | 3/10/2010 | See Source »

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