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...world's oldest profession isn't about to take the recession lying down. Brothels and bathhouses have launched promotions - including free shuttle buses and senior-citizen discounts - in a bid to arouse interest among wary spenders. As part of a new deal at Yes Sir! in Hanover, Germany, customers pay $111 to have as much sex as they want (or can) for one hour. At Geizhaus, recent promotions allowed guests to have sex for free on Halloween and Easter if they wore a costume or brought in a decorated egg. And Berlin's Pussy Club charges guests a $98 flat...

Author: /time Magazine | Title: From Bangkok to Berlin, Hard Times Hit the Sex Trade | 7/9/2009 | See Source »

...Under current laws, Krümmel is set to shut down in 2018. The Social Democrats struck a deal in 2001 with then-coalition partners the Greens to phase out the last of Germany's 17 reactors, which currently provide one-quarter of the country's electricity, by 2021. The Atomic-Exit Law was a big victory for the demonstrators who had been turning out in their tens of thousands since the '70s to protest the depositing of nuclear waste in old salt mines. (See pictures of the worst nuclear disasters...

Author: /time Magazine | Title: Nuclear-Power Debate Reignites in Germany | 7/9/2009 | See Source »

...Merkel, who agreed to leave the deal intact while forming a coalition with the Social Democrats in 2005, now wants to "phase out the phase out." She argues that it is unrealistic in the face of high oil costs, will endanger renewable energy goals, and will leave Germany vulnerable to the whims of its largest gas supplier, Russia. If the chancellor's party manages to ditch the Social Democrats to form a coalition with the pro-business Free Democrats in September, Merkel may get her wish to keep nuclear plants open longer. (Read about Merkel in this year's TIME...

Author: /time Magazine | Title: Nuclear-Power Debate Reignites in Germany | 7/9/2009 | See Source »

...Chinalco deal died mainly for economic reasons, but that didn't mean the Chinese were happy about it. In fact, an investment banker close to the proposed deal says "they were furious - not just the company, but the government." The banker notes that Chinalco CEO Xiong Weiping was in Australia offering to amend the terms of the deal in order to salvage it just before Rio demurred...

Author: /time Magazine | Title: Aussie Mining Exec Arrested for Spying in China | 7/9/2009 | See Source »

...that's not good enough. "First of all, those of us that had our phones tapped and the police were aware of it - why were we not told? Why [was the News of the World] not prosecuted?" he asked in an interview with the BBC. "Why was a separate deal done in the court and then put away and not made available...

Author: /time Magazine | Title: London Tabloid Shocker: Celeb Phones Hacked! | 7/9/2009 | See Source »

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