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...economy is doing, just as the European Central Bank raises interest rates to prevent overheating, and lowers them in a downturn. University of Delaware economist Laurence Seidman advocates setting up an automatic mechanism under which cuts in vat are triggered by, say, rising unemployment. Other economists call for a one-year cut in vat to provide a short-term stimulus to the euro-zone economies. A study by economists at the European Commission shows that a 1% vat cut could boost the economies of major E.U. nations by about 0.5% - or more than double the impact of a similar-sized...

Author: /time Magazine | Title: Escape From Tax Hell | 7/11/2004 | See Source »

...under rocks for every spare soldier" to send to Iraq. It took formal action last week to stretch its troop strength as far as possible. According to the so-called stop-loss order, soldiers will be kept in uniform for an extra three months before and after their units' one-year stint in Iraq or Afghanistan. By unilaterally extending their enlistments by as much as 18 months, the policy will force tens of thousands of soldiers to put personal plans on hold. Democratic presidential candidate John Kerry calls it a "back-door draft...

Author: /time Magazine | Title: Stretching The Troops In Iraq | 6/14/2004 | See Source »

...says after his one-year contract in Hong Kong, he will definitely teach, but where is anyone’s guess...

Author: By Hana R. Alberts, CRIMSON STAFF WRITER | Title: Finding A Different Classroom | 6/10/2004 | See Source »

...that I have completed my one-year Master in Public Administration program at the Kennedy School of Government (KSG), I get asked, “What are you going to do with that degree, Ron? What did you learn this past year, if anything...

Author: By Romano L. Mazzoli, | Title: New Tricks, Old Lessons | 6/9/2004 | See Source »

...Meanwhile, outside the convention, the climate of fear across Burma has intensified. Last week, several NLD members were taken into custody for handing out pamphlets marking the one-year anniversary of Suu Kyi's current house arrest. This follows the detentions of a number of activists, including a Burmese reporter turned activist who was sentenced last month to 15 years in jail for sending news reports to foreign media outlets and contacting exiled dissident groups. An activist friend who recently fled to the Burma-Thailand border told me "the government is adding more rooms to the prisons," implying that...

Author: /time Magazine | Title: Military Maneuvers | 6/7/2004 | See Source »

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