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...While surgery-themed television may be driving the interest of a younger audience, one factor appears to be key in tempering appearance-obsessed teens from altering their bodies: the failing U.S. economy...

Author: /time Magazine | Title: The Young and Plastic Surgery Hungry | 5/7/2008 | See Source »

...Very Different Model What has triggered the extraordinary rise of international criminal activity in the last 20 years? Two key factors are at play. The first is globalization - the liberalization of financial and commodity markets that has created huge new opportunities for the world's most adventurous entrepreneurs. The second is the fall of communism. When the communist regimes in Eastern Europe and the Soviet Union imploded, they left a power vacuum that was filled by a swath of failing states that stretched from the Balkans across Eastern Europe, the Caucasus and Central Asia as far as the Chinese border...

Author: /time Magazine | Title: The New Gangsterism | 5/7/2008 | See Source »

...communism, has triggered an enormous explosion of international financial flows, which has both facilitated criminal behavior, as trillions of dollars slosh around the world, and made it much more difficult to combat crime. Winer and his colleagues identified the development of a coherent global anti-money-laundering strategy as key in trying to stem the shadow economy's swelling river. But it proved an uphill struggle. The sums involved in the liberated capital flows were vast. By mid-1990, the foreign-exchange markets alone reached a volume of trading that exceeded $1 trillion every day - more than 40 times...

Author: /time Magazine | Title: The New Gangsterism | 5/7/2008 | See Source »

...Campaign allies are less restrained when they talk on background. One key Indiana player said the Clinton camp, by questioning Obama's electability, had been "blowing the dog-whistle on race" in Lake County, which helps make up northwestern Indiana's 20%-25% of likely Democratic primary voters. He and other Indiana aides say Clinton surrogate attacks on minority-focused get-out-the-vote efforts in the region were racially based. Others said Clinton's choice of venues, especially "white flight" towns in southern Lake County, were chosen to send racial cues, and to target fertile ground for the coded...

Author: /time Magazine | Title: Obama's 'Electability' Code for Race? | 5/6/2008 | See Source »

...only needs immediate food assistance, it needs to import a significant amount of fertilizer or it risks another bad harvest this year, further compounding the deepening food problem. (After the North's nuclear test in the fall of 2006, South Korea stopped supplying fertilizer, which had been a key component of its aid to Pyongyang). Among the steps Pyongyang urgently needs to take now, Noland and others believe, are to conclude negotiations for expanded aid from the World Food Program. (Pyongyang sharply curtailed the activities of the organization following a rare bumper crop in the North three years...

Author: /time Magazine | Title: The Next Great North Korean Famine | 5/6/2008 | See Source »

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