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...Mauritius. It's one of a few high-end resorts on the island that, for the first time, allow nonresident foreigners to buy property. Each villa has its own uninterrupted sea view angled toward the sunset, an infinity pool and a lush, landscaped garden. The resort is huge, mostly car-free and backed by spectacular volcanic peaks. Sales open on Jan. 7. The price? From $1 million to $3 million...

Author: /time Magazine | Title: Happy Havens in Mauritius | 12/20/2007 | See Source »

Clinton is merely voicing concerns shared by others. In Europe, where the concept of "national champions" in a variety of industries is still taken seriously, some of the countries that have established huge SWFs, such as China and Russia, are not necessarily "friendlies, as far as the West is concerned," as a Democratic staffer on a key House committee overseeing international trade puts it. Even U.S. Securities and Exchange Commission chairman Christopher Cox, an avowed free trader, has acknowledged that government investment funds could use "the vast amounts of covert information" their spy agencies collect, making it "the ultimate inside...

Author: /time Magazine | Title: Governments Get a SWF Financial Kick | 12/20/2007 | See Source »

...European Automobile Manufacturers Association says the industry is already making huge investments to meet green targets. "It is unrealistic to believe this can be done by 2012," said ACEA president Sergio Marchionne. "The announced legislative framework will not be ready before 2009: this leaves the industry too little time to apply by 2012; the cars of 2012 will be on the drawing table tomorrow." The group also points to studies, including the Stern report, which suggest that vehicle technology is one of the least cost-effective ways of bringing down CO2 emissions from transport...

Author: /time Magazine | Title: Resistance to Europe's Emissions Plan | 12/19/2007 | See Source »

...topped Holy Cross in the teams’ last 10 straight meetings. For the Crusaders, senior guard Laura Aloisi is the shooter to watch as she coasts into Cambridge hot off a season-high 15 point game, sinking five shots from distance. “Holy Cross is a huge game for us, we’re playing at home, they’re very similar to Vermont in their style of play, their scrappiness and ability to run the floor,” junior guard Niki Finelli said. “So we need to bounce back from this...

Author: By Elizabeth A. Joyce, CRIMSON STAFF WRITER | Title: Patriot League Foe First on Deck for Harvard | 12/17/2007 | See Source »

...Last year a huge banner with photos of the football squad hung in the school's entrance; today a more modest team display competes with large, framed photos of students excelling in academics - like Lizbet Pinto and Sharria Scavella, who recently took top honors at a National Institutes of Health competition for aspiring doctors. They include students of the month, who get small gifts and, more important, the kind of praise on the school loudspeaker too often missing before. Students who participate in sports and extracurricular activities must attend a Saturday school program - and are urged to bring parents along...

Author: /time Magazine | Title: Quarterbacking a School's Comeback | 12/17/2007 | See Source »

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