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...LEED silver-certified, opened for business this fall in Cleveland's University Circle, an area where the average annual household income is $18,500. Rather than just bringing home wages, its eight employees will gain equity through "patronage accounts," a portion of earnings put aside to both build personal assets and reinvest in the company...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...steps you guys always propose in your letters - denuclearization, leading to economic benefits, leading to diplomatic recognition - and flip them: Recognize the DPRK and normalize relations first, because it should be obvious to you guys by now that our regime is not going anywhere. Then, lend us some money, build a power plant or two, maybe help us with agriculture and food production. And then, after a while - a decade, perhaps? - if enough trust has been built up, then maybe we'd start to think about getting rid of our nukes...

Author: /time Magazine | Title: Dear President Obama: What North Korea Might Say | 12/22/2009 | See Source »

...India's government has been encouraging automakers to build cars in India to avoid high import levies of up to 120% and to minimize production costs. Volkswagen, for example, plans to increase sourcing parts locally from 50% currently to 80% in the next two years, according to Joerg Mueller, head of the German carmaker's India group. (Watch TIME's video "Owning a Nano, the World's Cheapest...

Author: /time Magazine | Title: Will Your Next Car be Made in India? | 12/22/2009 | See Source »

...parcels and over a longer time period, rather than in the single immediate shipment demanded by the West. But the Western powers are unwilling to change the terms of the deal, because their prime objective is to deplete Iran's stockpile in order to temporarily remove its capacity to build a bomb. (See pictures of people around the world protesting Iran's election...

Author: /time Magazine | Title: Stalemate: How Obama's Iran Outreach Failed | 12/22/2009 | See Source »

...simply a "first step" toward a deal to end enrichment in Iran. Although Iran is entitled to peaceful enrichment as a signatory to the Non-Proliferation Treaty, the U.S., Israel, France and Britain insist that Iran can't be trusted to exercise that right that would enable it to build weapons...

Author: /time Magazine | Title: Stalemate: How Obama's Iran Outreach Failed | 12/22/2009 | See Source »

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