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...retiree-health-care burden from company balance sheets. Meanwhile, new workers eventually hired to replace GM's, Ford's and Chrysler's current employees will no longer be eligible for postretirement health benefits. For the automakers, the costly transition is worth it, because it eliminates one of the major uncertainties they have faced over the years - the soaring cost of health care. GM's combined pension and retiree-health-care costs run $7 billion annually and have cost GM more than $103 billion over the past 15 years, according to GM chairman and CEO Richard Wagoner. Ford's health-care...

Author: /time Magazine | Title: Should Taxpayers Bail Out GM's Retirees? | 11/27/2008 | See Source »

...Fighting for Nonviolence To the rest of the world, Li's show-biz sabbatical may appear abrupt, but to his countrymen he is reprising the major themes of his life - self-sacrifice, service and discipline. At the age of 8, Li was randomly enrolled in a wushu class during a summer sports program. He had no idea what wushu was, which isn't surprising. At that time, wushu was only 13 years old. It was a committee-ordained synthesis of the various age-old Chinese combat forms (wushu literally means "martial arts"), intended to create a new codified sport. Emphasis...

Author: /time Magazine | Title: The Liberation of Jet Li | 11/27/2008 | See Source »

What exactly China will do in retaliation is unclear. Glaser and other China watchers do not expect a major backlash that would derail relations between Washington and Beijing. Glaser said Chinese leaders would likely react to the Uighurs' release in the U.S. as they did to the announcement in October by the Bush Administration of a $6.4 billion arms sale to the Taiwanese, a much more troublesome issue in the eyes of China's government. That deal prompted Beijing to curb, but not cut, military contacts with Washington and brush off some arms-proliferation talks. All in all, the Chinese...

Author: /time Magazine | Title: China's Guantánamo Problem | 11/27/2008 | See Source »

...Papua does have a major problem on its hands: the province's HIV infection rate is 15 times higher than the national average. Not good news in a country with Asia's highest growing HIV-infection rate, but not everyone thinks microchipping is the way to improve the situation. The proposed bill, now with the provincial parliament, has encountered fierce resistance from local health workers, government officials and church leaders, who say the practice would constitute a human rights violation and do little to address Papua's high infection rate. "Two wrongs do not make a right, and the plan...

Author: /time Magazine | Title: Papua Proposal: A Microchip to Track the HIV-Positive | 11/26/2008 | See Source »

Serret had only to convince the cemetery's owners: the municipal government. That turned out to be easy, especially because the $935,000 it would cost to install the panels would come from Conste and Endesa, a major power company. "Why not? we thought," says Begoña Bellete, councilwoman for environmental affairs. "A city like ours has to commit itself to being on the frontlines of the fight against climate change. And this was a great opportunity because the financing would be private. All we had to do was provide the space...

Author: /time Magazine | Title: In Spain, a Solar-Powered Cemetery | 11/26/2008 | See Source »

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