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Word: laboration (lookup in dictionary) (lookup stats)
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...Chinese manufacturers are particularly vulnerable to a recession right now because of higher labor and commodities costs and because of the simple fact that China's boom resulted in the creation of far more factories than global demand could possibly support in a cyclical downturn. A shakeout is unavoidable, and it is being made worse by the worldwide credit crunch. Nervous banks, Lau says, have reduced the credit lines of many small manufacturers by up to 50%, starving them of operating funds. Letters of credit, which facilitate the shipment of exports, were once automatically accepted by banks in Hong Kong...

Author: /time Magazine | Title: How Will China Weather the Financial Storm? | 10/23/2008 | See Source »

Recession and divorce, it is said, go together like carriage and horse. Those who labor in Splitsville have several explanations for why that might be. There's the lawyer theory, that money provides the soft fatty tissue that insulates the marital skeleton; once it's cut back and people get a good look at the guts of their relationship, they want out. And there's the marriage-counselor theory, that couples who were never quite on the same page in the checkbook finally get pushed off the ledger by endless bickering over their dwindling resources. And the therapist theory, that...

Author: /time Magazine | Title: Will the Market Kill Your Marriage? | 10/23/2008 | See Source »

...comedy, a rape joke is really just a joke, and how swear words are part of the basic vocabulary. As if that weren't enough, the Democrat became embroiled in a "scandal" over having not paid all of his state taxes from his days as an itinerant entertainer. By Labor Day, Coleman looked likely to prevail...

Author: /time Magazine | Title: Races to Watch '08: Franken May Get Last Laugh in Minnesota | 10/22/2008 | See Source »

...from the poorest British households drop around 30% by the time the children reach age 5. As kids grow, so does the education gap. The chances for smart-but-poor Britons to reach top universities are slim. A 2006 study for the Bonn-based Institute for the Study of Labor found that Britain had the lowest social mobility of the 12 developed countries surveyed...

Author: /time Magazine | Title: Stuck in Class | 10/21/2008 | See Source »

...know today is that Kundera’s name appears on a short police report from 1950 and that Communist counterintelligence, perhaps based on that report, arrested and sentenced a Czech-born anti-Communist spy to many years of hard labor. But government documents were routinely fabricated under Communism and an 81-year-old historian asserts that the real informant (who is no longer alive) confessed to his testimony years ago. Given the evidence at this stage, it appears that the agent was betrayed either by his college friend, her jealous boyfriend or, only possibly, Kundera himself...

Author: By Jan Zilinsky | Title: The Fall of Kaavya and Kundera | 10/20/2008 | See Source »

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