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...believe the official statistics, these should be feel-good times in Western Europe. The economy is growing at its fastest pace since 2000, while inflation and interest rates remain low by historic standards and unemployment almost everywhere is falling. Try telling that to Marie Pereira. She sells Baccarat crystal in the fancy Bon Marché department store in Paris, and she's feeling anything but well off at the moment. "Basic things like food shopping are twice or even three times as expensive as before," she complains. "People have much less money at the moment, so they have...

Author: /time Magazine | Title: Is the Good Life Out of Reach? | 2/15/2007 | See Source »

...Kopay in 1975, when he became the first athlete from the four major professional U.S. sports to reveal his homosexuality. Still, the British-bred Amaechi, right, notes that most locker rooms aren't exactly gay friendly. He says some current NBA players have told him they're gay but remain terrified of acknowledging it publicly. To date, only a handful of male pro athletes have come out--and all of them were retired at the time. We've got an update on their very diverse whereabouts...

Author: /time Magazine | Title: Out of the Locker-Room Closet | 2/15/2007 | See Source »

...distance themselves from the pack of pretenders as quickly as possible. With the first actual ballots still 11 months away, Washington is already looking closely at which fund raisers have paired up with which candidate to get an early sense of a campaign's strength. Many fund raisers remain unattached for the time being, but the next few weeks are a critical juncture that will cement most of the notable partnerships. What used to be likened to a courtship is now more like speed-dating. What exactly makes these relationships come together? How do the moneymen and -women make...

Author: /time Magazine | Title: Campaign 2008: How Big Money Picks a Winner | 2/15/2007 | See Source »

...While the ground is shifting, many questions remain about greenhouse policies. How ambitious will emission reduction targets be? Is carbon trading a way to shift funds from taxpayers and consumers to renewable-energy entrepreneurs and big business? Will these potentially valuable carbon permits be given away or sold at auction? What will be the balance between gdp growth and the environment? Will politicians continue to undermine an open market? In N.S.W., for example, the state government has granted BlueScope an exemption from its carbon trading scheme or any future carbon tax to help establish a new steel plant at Port...

Author: /time Magazine | Title: Ready or Not, Here Come the Carbon Traders | 2/15/2007 | See Source »

...Both Li and Teng are pretty formidable, too, and remain dedicated to their public interest vocations despite knowing full well what the consequences can be. Last December, Li and three other lawyers took a long distance bus from Beijing to visit Chen. The bus was stopped in mid-journey and a group of seven or eight unidentified men, some of them wielding iron bars, climbed on board and attacked the lawyers. "I keep a positive attitude," Li said, but inevitably such experiences "shake my belief in the legal system of this country." Then Li showed me a picture someone...

Author: /time Magazine | Title: A Chinese Activist Lost in the System | 2/15/2007 | See Source »

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