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...workforce. The country's leading banks cut their growth forecast to .3% for 2002 and only 1% next year. Germany's state deficit is projected to be 3.75% of gdp, which breaches the limits in the European Stability and Growth Pact. The country is likely to exceed the 3% limit again next year...

Author: /time Magazine | Title: Get Us Out Of Here | 12/8/2002 | See Source »

...meteoric rise of Apex Digital, expected to exceed $1 billion in sales in 2002, has stunned the industry. Says Richard Doherty, research director for the Envisioneering Group, a technology consultancy located in Seaford, N.Y.: "This is a true overnight success story...

Author: /time Magazine | Title: David Ji and Ancle Hsu: Founders of Apex Digital | 12/2/2002 | See Source »

...those who merit $1,720 a month--the maximum in such generous states as Pennsylvania--can find it a painful comedown from a salary five or 10 times that amount. Most states provide benefits for only 26 weeks, a period of unemployment that half of white-collar workers today exceed. Congress passed a law in March that temporarily extended the period by 13 weeks. The law expires on Dec. 31, but Congress looks likely to approve another extension. "White-collar workers whine," says Wyss. "Moreover, they vote...

Author: /time Magazine | Title: Will Manage for Food | 10/14/2002 | See Source »

...Numbers 12 days is how long a newborn has to spend in Los Angeles to exceed the U.S. government's limit on lifetime acceptable exposure to toxic air pollution, according to a study by the National Environmental Trust 55,553 liters is how much aviation-grade fuel was in a tanker truck headed for the U.S. military base in Bagram, Afghanistan, when nine concealed sticks of dynamite were discovered inside by police 25 years is how long a German man lived in an Australian bus shelter before he died last week $9 million is the bounty Osama bin Laden offered...

Author: /time Magazine | Title: Person of the Week | 9/23/2002 | See Source »

...preventing it from happening again. For the Czech Republic, which has so far escaped the worst of the economic downturn hurting most of Western Europe, the deluge represents a sharp reversal of fortune. Thirteen people died in the floods and 215,000 were evacuated, while the damages may exceed $2 billion, with the country's infrastructure, manufacturing base and tourism industry taking the biggest hits. More than 30 bridges have collapsed, and chemical and paper plants along the Vltava and Elbe Rivers have ground to a halt. The country's GDP growth could slow this year...

Author: /time Magazine | Title: Raging Waters | 8/18/2002 | See Source »

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