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...senator Ted Kennedy has been diagnosed with a brain tumor [June 2]. Fortunately, as a member of Congress, he will receive the best medical care without regard to cost. For millions of working Americans, this diagnosis would mean liquidation of life savings, bake sales and coin jars at the local convenience store. Why can't Congress create a comprehensive health-care plan that treats us taxpayers as generously as they treat themselves? David Stockman, BILLINGS, MONT...

Author: /time Magazine | Title: How Will China Respond? | 6/11/2008 | See Source »

...they face. Auditing came into vogue at the same time that Western firms were pushing harder than ever for lower prices and faster turnarounds. From the mid-1990s onwards, "many multinationals were telling factories, 'Give me this cheaply, give me this quickly - and, by the way, comply with your local labor law, or our code of conduct, whichever is higher,'" says Ayesha Khan, a manager with BSR, a CSR consultancy...

Author: /time Magazine | Title: Manufacturing: The Burden of Good Intentions | 6/11/2008 | See Source »

...which Cameroon defeated the host country, Ghana. Cameroonians poured into the streets to celebrate the victory. Amid the raucous partying and the suspense over the impending showdown against Egypt in the tournament final, few noticed that the government had - without a word of discussion on television or in local newspapers - raised gas prices by about 20 cents a gallon. It was only in the depressing wake of Cameroon's loss to Egypt that the full impact of the gas price sank in. "The timing of the fuel prices was very deliberate," says Adam Poumie, who runs a local soccer academy...

Author: /time Magazine | Title: Navigating a Real Oil Shock | 6/11/2008 | See Source »

...demolished village says his family lost valuable cropland and the payment offered by the government is not enough to compensate. Job growth due to hydropower work is unlikely, the resident says, because the dam builders rely on outside labor. "Building this dam is good for the local government because of the tax revenue they can get off the electricity," says the resident, who asked to not be named because of the sensitivity of the issue. "But the local people will just come to grief...

Author: /time Magazine | Title: Damming China's River Wild | 6/10/2008 | See Source »

Despite villagers' misgivings, there is no organized local opposition to the dams. Kristen McDonald, an American graduate student who interviewed 200 villagers along the river while researching a thesis, said that roughly one third support the project, one third oppose it and one third are undecided. The local government says that 20% of the prefecture's residents don't have electricity, a problem the dams would solve...

Author: /time Magazine | Title: Damming China's River Wild | 6/10/2008 | See Source »

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