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...better. "We've seen more investment and new projects in the past 18 months than we'd seen in the past decade," he says. On the local level, this might be the most meaningful effect of the Benelli-Qianjiang model: the hundred or so Italian employees at the plant see the Chinese parent as the savior, not the usurper, of their jobs. "We would have closed down without them. They were the only ones with a serious plan," says Stefano Michelotti, a Benelli engineer. "We have to begin to think globally - Italian companies have had a tendency to fossilize...

Author: /time Magazine | Title: China in Italy: Kick Start | 8/9/2007 | See Source »

...politicians in Seoul insist, the summit comes amid genuine momentum on the nuclear front - momentum that they believe the meeting at the end of August will add to. Inspectors from the United Nations were in North Korea last month to verify that the Pyongyang had idled its nuclear plant at Yongbyon. That was a key part of the agreement the North made in February, which detailed the steps the regime needed to take to live up to a pact it signed onto in the so called six-party talks in September of 2005. (The February agreement also laid...

Author: /time Magazine | Title: The Two Koreas Plan to Meet Again | 8/8/2007 | See Source »

...Australia trial couldn't happen in a place that needs it more. Queensland's government has budgeted $7.6 million in public money into the four-year, multipartner experiment, part of a larger initiative to fight the crushing drought, including a desalination plant and a controversial program to recycle waste into drinking water. "We're in uncharted territory as far as rainfall goes," says Craig Wallace, the state's Natural Resources and Water Minister, who acknowledges that committing to cloud seeding - which still has its naysayers in the scientific community - may raise some eyebrows. "You'll always get skeptics...

Author: /time Magazine | Title: Making Rain | 8/2/2007 | See Source »

...Bulgarians - spurious though their convictions may have been - saw still undisclosed donor nations acting on behalf of the E.U. shell out $460 million in damages for the Libyan victims of HIV infection, and also landed Tripoli diplomatic and commercial rewards that include the construction of a nuclear power plant. Even worse, French daily Le Monde reports that deal also involved French promises to sell $100 million in arms to Libya, and a pledge that a Libyan agent serving prison time in the U.K. for his involvement in the Lockerbie bombing would be transferred to Tripoli, where he would likely...

Author: /time Magazine | Title: Has Libya Really Reformed? | 8/2/2007 | See Source »

...cleaning workers. Tom Kelly, director of the indoor environments division of EPA, confirmed that PCE may be dangerous, particularly in residential buildings, and can be a factor in both cancer and non-cancer illness. Nora Nealis, executive director of the National Cleaners Association, responds that, while conditions vary from plant to plant, the industry has made great strides in protecting workers. "With proper training," says Nealis, "especially with all the technology available, I wouldn't say that dry cleaners are exposed to any untoward risks...

Author: /time Magazine | Title: The Worst Jobs in America | 7/30/2007 | See Source »

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