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...Home sales last year increased in value 80% over 2008, according to the National Bureau of Statistics. That pace has slowed in recent weeks as buyers like Chen are now looking for government intervention. In late December, Premier Wen Jiabao promised action to help keep housing prices in check. "As the property market is recovering rapidly this year, housing prices in some cities are rising too fast, which deserves the great attention of the central government," he told Xinhua, the state-run news service. During Thursday's press conference announcing the 2009 GDP numbers, Ma too acknowledged that "the price...

Author: /time Magazine | Title: Amid Recovery, China's Property Market Soars | 1/21/2010 | See Source »

Warmth, shelter and free entertainment: it's a compelling offer for Londoners facing a chilly age of austerity. But the capacity crowd that queued before dawn to attend Britain's seven-week-old Iraq inquiry as it prepared to welcome its first headline act, former Labour premier Tony Blair's communications supremo Alastair Campbell, sought more than respite from the cold. "I'm here because I hold this man partly responsible for that terrible, terrible war," explained a retired therapist, shivering in her tweed coat...

Author: /time Magazine | Title: Top Blair Aide Testifies at British Inquiry on Iraq War | 1/12/2010 | See Source »

...took in $16.6 million, for a $165.2 million total, and Alvin squirreled away $16.3 million, for a cumulative $178.2 million. The holdovers had such an edge over newcomers that Hollywood should consider establishing a tier system, like in the English football leagues, with the big Christmastime films at the Premier level and the January releases competing among themselves in a lower group...

Author: /time Magazine | Title: Another Avatar Weekend: Pandorans Defeat Vampires | 1/11/2010 | See Source »

...Pakistan have attacked the Buddhist heritage in Pakistan, driving away foreign research teams and tourists, forcing the closure of museums and threatening the integrity of valuable digs. "Militants are the enemies of culture," says Abdul Nasir Khan, curator of the museum at Taxila, one of the country's premier archaeological sites and a former capital of the Gandhara civilization. "It is very clear that if the situation carries on like this, it will destroy our cultural heritage." (See pictures of Pakistan's vulnerable North-West Frontier Province...

Author: /time Magazine | Title: Pakistan's Turmoil Endangers Its Archaeological Treasures | 12/25/2009 | See Source »

...officially rejects violence and explicit Nazi references. Nonetheless, the federal government attempted to ban the party in 2003, only to be overruled by the German high court - an embarrassment for then Premier Gerhard Schr...

Author: /time Magazine | Title: In Germany, a Disturbing Rise in Right-Wing Violence | 12/23/2009 | See Source »

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