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...Germany itself, some strongly disagree. At the German Engineering Federation, an association of about 3,000 German machinery firms, economist Olaf Wortmann acknowledges that there has been "a change of tempo," but he insists that the upward trend is continuing. The Federation tracks the order inflow of its members, and while that number fell 12% in May, it jumped a spectacular 35% in April. "There are always monthly fluctuations," says Wortmann. For the first six months of 2008, the industry is still expecting growth of at least 5%. One heartening factor: the engineering firms' factories continue...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

...Barcelona Games in 1992. Still, Qingdao's green waters have triggered a massive official response. Gao says the cleaning teams have used boats to pull 100,000 tons of the seaweed from the water. Nets have been extended 40 to 50 miles into the ocean to contain the inflow, and four helicopters have been dispatched to direct clean-up boats. At the environmental monitoring center, employees have been working around the clock for the past four or five days, Gao says. "I'm very confident that in 10 days we will control the whole situation...

Author: /time Magazine | Title: A Green Threat to the Olympics | 7/1/2008 | See Source »

...homeless population that is working and for them to stay in a place that takes an hour and a half to get to work from is a very big drawback.” Whether these census results accurately express a worsening economic situation in Cambridge or are an inflow of homeless persons from elsewhere in the state, the issue of homelessness remains a top priority for city officials. “Homelessness happens in the city,” said City Councillor Sam Seidel. “In Cambridge, it happens on Cambridge streets, which means that Cambridge resources must...

Author: By Kirsten M. Slungaard, CONTRIBUTING WRITER | Title: Census Shows Increase in Homeless | 4/29/2008 | See Source »

...Chinese art or Indian art is too expensive, so maybe we'll try looking in Vietnam,'" says Suzanne Lecht, the American director of the Art Vietnam Gallery in Hanoi. "Artists who could barely afford anything a few years ago can now drive luxury cars." But the rapid cash inflow has put commercial pressure on these artists to churn out foreigner-friendly images that don't stretch their imaginations. Many galleries are complicit, preferring to stock interchangeable images of women in conical hats strolling past crumbling French architecture. "Art students know they can make a good living painting these themes," says...

Author: /time Magazine | Title: The Color Of Money | 11/1/2007 | See Source »

...Last March, the couple played host to Chavez, and allowed him to use his visit to stage a rally against the U.S. and President Bush - who in Chavez-speak is both "a political cadaver" and "an imperialist knight." But the Kirchners are not too happy about one recent inflow of Venezuelan money into Argentina - especially if it jeopardizes Mrs. Kirchner's still-formidable advantage in the race to succeed her husband in October...

Author: /time Magazine | Title: Argentina Cries Foul Against Chavez | 8/21/2007 | See Source »

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