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...Next year, workers at Ford plants will earn an average $53 an hour with benefits, the result of a breakthrough industry agreement worked out with the UAW in 2007. That's close to the $49 an hour that workers at the transplants average and far below the $71 an hour with benefits that was the old UAW wage, and that was cited by Alabama Senator Richard Shelby as a reason to oppose any bailout. And the cost differential on enginemaking between Detroit and the transplants will narrow to a couple of dollars by 2011. "You want to just choke these...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

...main effect of Nov. 27's Status of Forces Agreement between Iraq and the U.S. is clear--complete troop withdrawal by the end of 2011. But with that pullback comes the end of immunity from Iraqi law for U.S. contractors. Private-security employees have been looked upon with increasing disfavor since last fall's shooting of more than a dozen Iraqis by Blackwater guards. It is unclear whether U.S. contractors will be held responsible for any past offenses...

Author: /time Magazine | Title: The World | 12/4/2008 | See Source »

When the Americans leave: over more than five years, that phrase has cropped up in most of my conversations in Iraq. First spoken in hope, then inevitability, it is now uttered with a sense of urgency--and among some, alarm. Under the terms of the status-of-forces agreement ratified on Nov. 27 by the Iraqi parliament, U.S. troops must leave no later than the end of 2011; a referendum next summer could bring that deadline even closer. As the drawdown gathers speed, it will diminish the U.S.'s ability to influence Iraqi affairs. "Very soon, we will no longer...

Author: /time Magazine | Title: When the U.S. Leaves, Will Iraq Strut or Stumble? | 12/4/2008 | See Source »

...prepared to sign a suicide agreement that causes small island states to disappear.' SELWIN HART, Barbados delegate to the United Nations, calling for tougher U.N. policies in fighting global warming...

Author: /time Magazine | Title: Verbatim | 12/4/2008 | See Source »

...improving situation in Iraq has helped bring about that convergence, especially between the incoming President and his future Defense Secretary. During the presidential campaign, Gates criticized Obama's 16-month withdrawal timetable, but now that proposal doesn't look very different from the security agreement the Bush Administration has since signed with the Baghdad government. Nor has Gates offered any resistance to Obama's plan to install his own loyalists in the upper echelon of the Pentagon bureaucracy, which is now staffed largely by Rumsfeld holdovers. "Every new President traditionally fills civilian positions at the Department of Defense," Gates said...

Author: /time Magazine | Title: Obama's New World Order | 12/4/2008 | See Source »

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