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...slump in exports has pretty grim implications for the country's manufacturing boomtowns, and the pain is already being felt. Stanley Lau, deputy chairman of the Federation of Hong Kong Industries, estimates that export orders at some 70,000 factories owned by Hong Kong companies in southern China have declined 5%-10% this year compared with 2007. Recent months have seen a first wave of bankruptcies and closures among the tens of thousands of factories in industrial zones from Guangzhou to Shanghai that make toys, jeans and PCs bound for U.S. retailers...

Author: /time Magazine | Title: How Will China Weather the Financial Storm? | 10/23/2008 | See Source »

...When there are cuts, the pain goes across the board,” Wickwire said. Health budget cuts “are not pretty, and it hurts when you have to lay off people...

Author: By June Q. Wu and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: State Budget Cuts Wound Cambridge Health Alliance | 10/22/2008 | See Source »

...felt that pain, just as I felt the pain last weekend, as the Tampa Bay Rays ousted Boston from the playoffs. But I still, as far as sports fans go, have not gone through enough...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: WALLY'S WORLD: A Case of No Pain, No Fun | 10/22/2008 | See Source »

...Outcome: We've all had vacations nearly ruined by canceled or delayed flights, but to have a honeymoon cut short by a full day seems almost criminal. Feeling their marital pain, the Avenger went straight to Air Tahiti Nui to see about figuratively knocking someone upside the head with a coconut...

Author: /time Magazine | Title: A Nightmare Honeymoon Flight to Tahiti | 10/22/2008 | See Source »

...reimburse passengers for lost time, hotel and other expenses due to delays, but Panza did offer the aggrieved couple $200 cash, plus $500 in travel vouchers. The newlyweds accepted the compensation, but their nightmare experience won't soon be forgotten. Ah, well. Hope that new gravy boat eases the pain...

Author: /time Magazine | Title: A Nightmare Honeymoon Flight to Tahiti | 10/22/2008 | See Source »

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