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...that document home or a copy of it so that you can look at it with your spouse, look at it with your attorney. There are all sorts of things embedded in a severance package that you can negotiate to your favor, even if it means negotiating an extra month of health insurance...

Author: /time Magazine | Title: What to Do If You Get Laid Off | 2/26/2009 | See Source »

...consumer and industrial demand dries up in recession-wracked Western countries, East Asia's export-led nations are proving to be extremely vulnerable to a synchronized global slowdown. Among the tigers, overseas trade is shrinking with frightening speed: Taiwan's exports in January plunged 44% from the same month a year earlier, while Singapore's fell 35% and South Korea's 33%. Overall economic growth is following suit. In the fourth quarter of 2008, Taiwan's GDP contracted 8.4% from the same period a year earlier, the worst quarter on record. South Korea's GDP shrunk 3.4% in the fourth...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...desperate discounting to try to keep customers coming. In Hong Kong, 1,000 restaurants have joined together to offer dishes such as dim sum and roast pigeon for one Hong Kong dollar (about 13 cents). In Taipei, Taiwan's capital, fast-food chain KFC held a press conference last month to announce 50% discounts on every second meal ordered, only to have McDonald's employees interrupt by parading with signs promoting $2 lunch specials...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...short game has gotten a little bit better.' TIGER WOODS, the world's No. 1 golfer, on his return to the sport after an eight-month absence following major knee surgery...

Author: /time Magazine | Title: Verbatim | 2/26/2009 | See Source »

...Sitting in a café on Kastastanienallee, Technau points to a house with a crumbling façade. "This is probably the only house on this street that hasn't been renovated yet," he says. Technau has lived in Prenzlauer Berg all his life and currently pays $400 a month for his two-bedroom apartment. He's worried that with rental prices continuing to rise, he won't be able to afford to live in the neighborhood much longer...

Author: /time Magazine | Title: In Berlin, a Gentrifying Neighborhood Under Siege | 2/25/2009 | See Source »

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