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...result is that farm payments that used to cost a few billion dollars a year have averaged $17 billion. They'll be lower this year because commodity prices are so high. But owners of eligible farmland will still get direct payments regardless of how much their farms earn or whether their farms are still farmed. And even though crop-insurance subsidies have increased nearly tenfold, farmers will still receive disaster aid if things go badly, no matter how often that happens. More than 21,000 farmers have cashed at least 11 disaster checks each in the past 21 years...

Author: /time Magazine | Title: Why Our Farm Policy Is Failing | 11/2/2007 | See Source »

...channel is just the start for MTV. The launch will swell its reach to 36 million households that get MTV Arabia via satellite, up from 200,000 who now get MTV on pay TV, and MTV will earn an estimated $10 million annually for 10 years in licensing fees from AMG. MTV also has deals with AMG and its parent, TECOM Investments, both controlled by the ruler of Dubai, to launch an Arabic version of Nickelodeon kids' channel next year. A Comedy Central channel, film co-production deals with Paramount (a unit of MTV's parent, Viacom) and a Nickelodeon...

Author: /time Magazine | Title: MTV's Arab Prizefight | 11/2/2007 | See Source »

...Tunis hotel and chuckles at the transformation he has seen in his lifetime. "Imagine: I come from a small village," says Khélifa, whose father raised 15 children on the proceeds of his olive grove, and sent all 10 sons to school. Khélifa went on to earn a Ph.D. in literature at Yale, and at 55, teaches the poetry of Wordsworth and Milton at Manouba University in Tunis. Khélifa may sound extraordinary. But in Tunisia, he says, "mine is a common story. I am by no means unique...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...here," says Moez Bakir, an engineering manager at Eurocast, a Tunisian subsidiary of Arizona-based firm Paradigm Precision Holdings. Eurocast, which is based outside Tunis, builds aircraft parts for GE Aviation and Rolls-Royce, paying its machine operators about $280 a month - a fraction of what equivalent workers would earn in Europe. Over 80% of Tunisia's exports head to Europe, where they will soon be exempt from customs duties, thanks to a free-trade agreement that takes effect in January. Meanwhile, tens of thousands of Europeans soak up the sun on Tunisia's beaches every year. "All that...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...their love of labor. The effort is central to Sarkozy's attempt to boost economic growth through a nationwide increase in workforce productivity - a goal that requires motivating people to toil beyond the nation's legal 35-hour-workweek limitation, and, as he has put it, "Work more to earn more." But now Sarkozy is applying that slogan to himself with unexpected literalness: he is moving to increase his presidential salary by nearly...

Author: /time Magazine | Title: Sarkozy Moves to Boost His Salary | 10/31/2007 | See Source »

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