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...shoring. Today, Germany's unit-labor costs have fallen way below those of Italy, Spain and France. While job-protection remains a holy cow, business and labor have quietly agreed to let weekly working hours creep up and paid vacation days come down. Almost one-third of the German workforce is now temporary or part-time, granting companies a generous measure of flexibility. Nationwide labor contracts have long been sacred, stubbornly ignoring local economic conditions. But in practice, more and more wage deals are being struck on the shop floor, where labor and management pay attention to the company...

Author: /time Magazine | Title: How to Change Without a Revolution | 9/26/2005 | See Source »

...takes an absent (or very subtle) collective mind to deliver an electoral verdict like the German one. At the polls on Sept. 18, the people's message was that nobody wins. It is tempting to compare Germany '05 with the U.S. presidential election in Florida five years ago, but wrong. In Florida, after much counting and recounting, somebody won?George W. Bush. Yet in Germany, Gerhard Schr?der, the Social Democrat, was trounced?and so was Angela Merkel, his Christian-Democratic challenger. The Chancellor and his junior partner, the Greens, lost their majority, but Frau Merkel and her allies, the Free...

Author: /time Magazine | Title: How to Change Without a Revolution | 9/26/2005 | See Source »

...would it save some revenue for them, but it would also allow them to free capacity on their networks for their core product - voice. Sports (and, of course, porn) is expected to be a big driver of mobile-TV traffic, just as it has been for mobile-phone video. German broadcasters and mobile operators are hoping to have the service in place for the 2006 World Cup, while Nokia plans to sell TV-compatible handsets in commercial volumes by the 2008 Beijing Olympics. The conventional wisdom is that people will "snack" on short snatches of mobile TV and save longer...

Author: /time Magazine | Title: Changing Channels | 9/25/2005 | See Source »

Angela Merkel and Gerhard Schröder were all over the German media last week; often as the butt of political cartoons and doctored photos ridiculing their poor election showings. What Germans didn't see, though, was a clear picture of a new Chancellor. Germany's vote produced no decisive result. The leaders of the two big parties - Schröder of the Social Democrats (spd) and Merkel of the Christian Democrats (cdu) - both claimed victory, but the real winners were the smaller parties. The Left Party, made up of disaffected ex-spd members and former communists, won 54 seats...

Author: /time Magazine | Title: Loser Takes All | 9/25/2005 | See Source »

...says StephaneŽ Rozes, one of France's most astute pollsters. "The good showing of the Left Party represents a real problem for reformers, whether that's Dominique Strauss-Kahn among the Socialists or even Villepin on the center-right. The fact is that even in defending the German Social Model, Schroeder lost three points...

Author: /time Magazine | Title: Why Germany's Election Alarms the French | 9/22/2005 | See Source »

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