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...grapples with a $24 billion budget crisis--are appearing on websites like Craigslist, where opportunists are buying them at a discount so they can turn a profit when the IOUs come due on Oct. 2. Meanwhile, Bank of America, Wells Fargo and Chase agreed to accept the IOUs at face value through July 10. After that, recipients will have to go to check-cashing storefronts or credit unions, which will take them at a fraction of the full price...

Author: /time Magazine | Title: The World | 7/20/2009 | See Source »

Many Uighurs complain that they have become second-class citizens in their own homeland. Government authorities limit the number allowed to go on pilgrimage to Mecca. Teaching of the Uighur language, written in the Arabic script, has been curbed, and Uighurs face restrictions on their travel. "The Uighurs are the very bottom of the heap economically in China," says Dru Gladney, an expert on Xinjiang at Pomona College in California...

Author: /time Magazine | Title: Spotlight: China's Ethnic Riots | 7/20/2009 | See Source »

...razor wire and rifle-toting guards to look like penitentiaries. This year tandem motorcycle-riding was banned because it was such a popular M.O. for drive-by shootings, and daylight saving time was canceled because the dark mornings created too many opportunities for foul play. Even so, bus drivers face being killed by armed extortionists during rush hour, and lawyers who complain about government corruption can turn up under the bougainvilleas with a few bullets to the head...

Author: /time Magazine | Title: In Guatemala, Chasing Away the Ghost of Alvarado | 7/20/2009 | See Source »

Mollie Sugden, 86, was already a familiar face on British television, but her role as salesclerk Betty Slocombe on the 1970s BBC comedy Are You Being Served? made her a star in the U.K. In the '90s, she gained popularity in the U.S. when reruns aired...

Author: /time Magazine | Title: Milestones | 7/20/2009 | See Source »

Michael Mandelbaum of the School of Advanced International Studies at Johns Hopkins University says resistance in the face of adversity is a key quality in a leader. He cites Thatcher, whose sheer bloody determination saw off a hostile intelligentsia, a party that sometimes treated her with all the condescension the British once reserved for clever women, and entrenched interests that fought her economic and social reforms. Before he became Prime Minister in 1996, Australia's Howard had been turfed out as leader of his own party, and when asked if he might ever lead it again, he said such...

Author: /time Magazine | Title: No Charisma? Don't Worry, You Can Still Be a Leader | 7/20/2009 | See Source »

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