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...European officials insist they don't pay ransoms to pirates. And why would they? Shipping and insurance companies now routinely pay ransoms of millions of dollars, dropping sack-loads of cash from airplanes into the Indian Ocean and Gulf of Aden, despite assertions from politicians back home that the money is fueling the rampant piracy...

Author: /time Magazine | Title: Why the Somali Pirates Keep Getting Their Ransoms | 4/20/2009 | See Source »

...also hankering for ham and paper towels, no need to run to the supermarket. As the stock market headed south last fall, Peterson, owner of Elmer Auction, LLC, added grocery items like cereals and cleaning supplies to his ledger. And they've sold, to the cash-strapped ladies and gentlemen sitting in each and every row. "People are skipping the decorative items," says Peterson, "and buying what they need...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

...dogs, frozen pizzas and an Easter ham, among other items. Zimmerman figures all the stuff she bought would have cost $300 in the grocery store. She paid $100. "The more we save on food, the more we have for all the other bills each month," Zimmerman says. "Our cash flow can stretch out further. These auctions have just been a blessing...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

...however, is only too typical of SLAM’s general approach. SLAM’s interruption of Faust’s lunch is only one example of their bully tactics. Slogans in past campaigns have included such gems as “Harvard you’ve got cash, why do you pay your workers trash?” and “What’s outrageous? Harvard’s wages.” And SLAM’s continued references to Harvard’s “greed” in considering laying off workers...

Author: By Shai D. Bronshtein | Title: Slamming SLAM | 4/18/2009 | See Source »

...Most Taiwanese are willing to forgive, given the cash even the clumsier tourists are bringing. Some estimate that mainland guests could inject over $200 million a year into Taiwan's tourism industry. Tourism bureau official Philip Chao says the Chinese are pretty big spenders, averaging nearly $300 a day, just shy of the Japanese who spend over $300. And, he says, tourism is the ideal starting point to renew mutual understanding. At the Sun Yat Sen Memorial gift shop, the clerk who encounters many Chinese tourists during her day there described the mood to be like a family reunion...

Author: /time Magazine | Title: What 60-Year Chill? Chinese Tourists Flock to Taiwan | 4/17/2009 | See Source »

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