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...neighbor Guinevere Kirk, a nurse, is also firmly opposed to NAMA. Along with the rest of Ireland's public-sector workforce, she faces a probable wage cut in December when public spending is expected to be slashed in the budget in a bid to reduce Ireland's gaping deficit. "No one even knows if [NAMA] will work because it's never been done before," she says. "All I know is that it won't be the developers or bankers who'll be feeling the pain if it all goes wrong." (Read "Ireland's Economy: Celtic Crunch Time...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

...June 16, Indian Prime Minister Manmohan Singh and Pakistani President Asif Ali Zardari shook hands at the Shanghai Cooperation Organization summit in Russia, where Zardari acknowledged that Pakistan's greatest threat was the Taliban - a remarkable admission for a country that has long considered India its most dangerous neighbor. Indian authorities, meanwhile, may soon start talks with the Hurriyat separatists. But every gesture of reconciliation - most recently, meetings between top diplomats on the sidelines of the U.N. General Assembly in New York City - has been followed by tough talk and accusations from both sides...

Author: /time Magazine | Title: India's War at Home | 10/26/2009 | See Source »

...details of motherhood, from the list-making to the depressing nature of adults socializing in a sandbox while their precious offspring play, is so acute. If she would just edit out the few soft touches designed to make us like Eliza - like her kind attentions to an elderly neighbor - Motherhood would play like a flat-out parody of the entitled, self-involved mother, fretting more than she copes and blogging more than she mothers. Isn't that a character ripe for mocking...

Author: /time Magazine | Title: Uma and Motherhood: A Parody Waiting to Happen | 10/23/2009 | See Source »

...generous tax deductions including those for business expenses ranging from travel and entertainment to home-office and computer costs. But many have no clue what is permitted and what will bring the IRS knocking at their doors. "There are many misconceptions about the tax laws, where people say, 'My neighbor told me I could do this,'" says Jackie Perlman, a tax analyst at H&R Block's Tax Institute. And a wrong or uninformed decision can affect the ultimate success or failure of the new business...

Author: /time Magazine | Title: Jobless Entrepreneurs Face Tax Minefields | 10/16/2009 | See Source »

...That steady stream of suppliers has seemingly made Russia eager to make deals with its neighbor rather than to lose out to its competitors in the Persian Gulf and the Caspian. Says the Eurasia Group, a risk consultancy in Washington, in its research note on Thursday: "Gazprom increasingly has an incentive to lock in a share of the Chinese market, as it sees growing competition from Central Asian suppliers as well as LNG suppliers such as Australia, Qatar and even Papua New Guinea...

Author: /time Magazine | Title: Russia and China: An Old Alliance Hinges on Energy | 10/15/2009 | See Source »

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