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Suárez's heart raced. Each plastic- wrapped packet contained a thousand banknotes, or 20 million Colombian pesos - the equivalent of nearly $7,000. His wallet had never held more than petty cash, but now he was stuffing his uniform pockets with thick wads of currency. It wasn't...

Author: /time Magazine | Title: In Colombia, A Bungled First Rescue Attempt | 2/17/2010 | See Source »

Dimitris, who owns a small retail operation, admits he cheats on his taxes. He says he only submits tax invoices for roughly half of what he sells - about $17,000 of the $34,000 he takes in every year - and pockets the 19% sales tax he collects on the rest...

Author: /time Magazine | Title: Taxing Times in Greece | 2/15/2010 | See Source »

Like much of the rest of the health care sector, the drug-wholesaling industry has proved mostly recession-proof. Revenue rose 8% in 2008, to $386 billion, and an additional 6% bump is expected for last year, according to Pembroke Consulting, a Philadelphia distribution and manufacturing consultancy. Plus, an aging...

Author: /time Magazine | Title: Prescription for a Turnaround | 2/15/2010 | See Source »

The conservative approach extends to the performance space in creative ways. Dunster Dining Hall provides an unforgiving stage: sound gets trapped in pockets, the ceiling height forces an odd lighting setup, and the dark wood paneling renders everything strangely somber. But the company manages to employ the staid dignity of...

Author: By Spencer B.L. Lenfield, CONTRIBUTING WRITER | Title: 'Albert Herring' Nails Humor | 2/9/2010 | See Source »

Buik worries that the bright outlooks ignore the darker realities of relying on government stimulus money to restore economic growth. "Ultimately, states are going to have to cut spending and raise taxes to pay for what they've already spent," he says. "That means a period of fewer public jobs...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

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