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...second quarter - real wages of urban workers have been soaring at double-digit rates, rising 18% in the first half of this year alone, according to the government. Add in higher raw-materials prices, and manufacturers are facing increases in production costs they may no longer be able to absorb. The costs will be passed along to consumers worldwide, a situation that will be made worse by a strengthening Chinese currency. "Internationally, the price of imports from China will come up," says Chen Xingdong, chief China economist for BNP Paribas Securities. "The increase will be inevitable." There's evidence...

Author: /time Magazine | Title: Bloated Dragon | 10/11/2007 | See Source »

Part of the explanation for this is that Poland's new democracy is just 18 years old. Since 1989, successive governments have introduced economic and democratic reforms based on those that Western Europe took the better part of 60 years to absorb. The country is still plagued by double-digit unemployment (2 million Poles now work abroad), crumbling roads and endemic corruption. Poland scored low in the ranks of European Union countries - and tied with Cuba and Tunisia - in the latest global "corruption-perception index" compiled by the watchdog Transparency International. Public trust in Poland is also among the lowest...

Author: /time Magazine | Title: Relative Values: The Kaczynski Brothers | 10/11/2007 | See Source »

...disease since both tumors and healthy tissue may show up white on a mammogram. Asian women even draw the short straw when it comes to treatment. Doses of conventional chemotherapy are determined partly by a patient's height and weight, but mounting evidence suggests that certain ethnic groups absorb the chemicals differently. Researchers in Singapore have shown that Caucasian patients may require higher doses per pound of body weight than non-Caucasians. Since most dosing regimens are calibrated to the Western body, some doctors in Singapore report having to adjust quantities in up to 30% of their patients to avoid...

Author: /time Magazine | Title: The Changing Face of Breast Cancer | 10/4/2007 | See Source »

...those years, environmental and social change have hit Greenland hard and fast. In Nuuk, drying musk ox hides hang over the balconies of the monolithic blocks of public housing that absorb exiles from the quickly emptying outlying villages stationed around the island's rocky fringe. The island's transition to a cash economy has rendered subsistence hunting a less and less viable way to live, and the effects of climate change on sea ice has made hunting seasons shorter and less predictable. Poverty, alcoholism and high suicide rates haunt the population. Alfred Jakobsen, deputy minister of the environment...

Author: /time Magazine | Title: Greenland to World: "Keep Out!" | 9/21/2007 | See Source »

...pathological effects - synchrotron X rays are a crucial tool. The molecules are too small to be imaged individually, so Varghese must grow them into crystals, each just 1/10,000th the width of a human hair, which are then bombarded with X rays. The ways in which the crystals absorb or scatter the radiation give clues to their inner structure...

Author: /time Magazine | Title: Shedding Light on Matter | 8/24/2007 | See Source »

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