We review the construction of time-dependent backgrounds with space-like
singularities. We mainly consider exact CFT backgrounds. The algebraic and
geometric aspects of these backgrounds are discussed. Physical issues, results
and difficulties associated with such systems are reviewed. Finally, we present
some new results: a two dimensional cosmology in the presence of an Abelian
gauge field described within a family of (SL(2)xU(1))/(U(1)xZ) quotient CFTs.Comment: 22 pages, 4 figures, Contribution to the proceedings of Symposium
Ahrenshoop, August 200