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Sacrificing study time and much-needed caloric fuel, these strikers send the message that their scholarly well-being should come second to petty labor disputes. It is not a sign of audacity, but of ingratitude—to those, either dutiful parents or generous donors, who furnish their tuition...

Author: By Christopher B. Lacaria | Title: The Politics of Drudgery | 5/18/2007 | See Source »

...With fuel prices likely to remain high and awareness of the environment growing globally, small, efficient cars are beginning to gain traction not just in Japan but all over the world. For example, DaimlerChrysler plans next year to begin selling its two-passenger Smart mini in the SUV-loving U.S. At the same time, most of the world's major automakers expect to produce low-cost subcompact cars for growing middle classes in China, India and other developing countries. Yet the market for kei is likely to remain largely restricted to Japan. That's partly because profit margins...

Author: /time Magazine | Title: The Incredible Shrinking Car Market | 5/17/2007 | See Source »

Really, it's both. Chrysler, like Ford and GM, has considerably narrowed the quality gap with foreign-car brands but perhaps not the perception gap. Critically, though, Chrysler hasn't designed enough vehicles that are attractive and fuel efficient, despite having the Mercedes crew to help...

Author: /time Magazine | Title: Can Chrysler Be Cured? | 5/17/2007 | See Source »

...SpiceJet have added so many flights--even though there's no place to land them--that profit-destroying fare wars have broken out. Air Deccan, for example, advertises a fare of just $6.60 plus taxes for a 45-min. flight from New Delhi to Jaipur. Add in higher fuel prices, and you've got a recipe for red ink. Indian airlines lost some $500 million last year, after a couple of years of robust profit growth...

Author: /time Magazine | Title: Altitude Adjustment | 5/17/2007 | See Source »

...Sunni, they have virtually no proven reserves, nor do they sit on a main export route as do the Shi'a and the Kurds. Since the invasion they have resorted to stealing and smuggling from government facilities small amounts of finished oil products, such as fuel oil and condensates. Sunni tribes in Anbar province do most of the smuggling. According to the tribes themselves, the American military looks the other way in order to keep the tribes on their side in the war against al-Qaeda...

Author: /time Magazine | Title: Who Is Stealing Iraq's Oil? | 5/17/2007 | See Source »

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