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...longer. Starting in early November, four of the five factories abruptly informed their workers that they were switching to a three-day week. Then the layoffs started. The cast-iron foundry, which pays the best wages, cut 80 of its 1,200 workers, and managers announced that they might have to fire up to 600 more. The cable factory - which just this year started up a new production line - laid off 40 people, and cut pay for those who remained by 15%. At least they're being paid: the machinery factory nearby is two months in arrears. "People woke...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...African continent, Ghana's Dec. 7 presidential vote was hailed by election monitors for being fair and transparent--even if it didn't produce a result. Neither the ruling party's Nana Akufo-Addo nor opposition candidate John Atta Mills received more than 50% of some 8 million votes cast, meaning a runoff will be held on Dec. 28. Ghana, widely seen as one of Africa's most stable and prosperous nations, has experienced massive economic growth in the past decade. Atta had campaigned on a platform of change, arguing that profits haven't trickled down to the masses...

Author: /time Magazine | Title: The World | 12/11/2008 | See Source »

...Lampoon has sent a steady stream of graduates to write for the sketch comedy show broadcast live from Studio 8H at 30 Rockefeller Center, also known as 30 Rock. There are currently five Lampoon graduates on SNL’s 33-member writing team, which includes all the cast members and producer Lorne Michaels. James M. Downey ’74 is the patriarch of the Lampoon/SNL lineage. After serving as president of the Lampoon in 1973, Downey joined the writing team at SNL in its second season and has continued writing for the show on and off throughout...

Author: By Anna E. Sakellariadis, CONTRIBUTING WRITER | Title: Lampoon Writers Ready for Primtetime | 12/11/2008 | See Source »

...rich nations and have been generally reluctant to take on any carbon-cutting obligations - long enough to lay down a rough outline of how negotiations, including the talks at Poznan, should proceed. The end goal is an actual agreement at the 2009 summit in Copenhagen, which has been cast as a de facto deadline for a new, hopefully more globally comprehensive Kyoto Protocol. (See the Top 10 green ideas of the year...

Author: /time Magazine | Title: What to Expect from the UN Climate-Change Summit | 12/10/2008 | See Source »

...many students, the first experience is one of rejection,” Naddaff said. “This is absolutely the wrong message to be giving.”One solution that Naddaff recommended to avoid the pitfalls of rejection is encouraging students to “cast their net more broadly” and apply to more seminars.Another idea on the table, also proposed by Naddaff, is that students who applied and were rejected in the fall receive first priority in the spring.Though the program’s traditional base in the humanities and social sciences has been expanded...

Author: By Bita M. Assad, CRIMSON STAFF WRITER | Title: A Program in Progress | 12/10/2008 | See Source »

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