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...several months of vigorous initiatives to keep people employed. Last month, Wang Dong, head of Beijing's Assets Supervision and Administration Commission, announced that all state-owned enterprises in the Chinese capital are forbidden from laying off any of their 750,000 employees in 2009. In December and January, Premier Wen Jiabao visited local businesses in the city of Chongqing and in Jiangsu Province and pleaded with them not to "resort to redundancy easily, and to try to stabilize the employment situation by all means...

Author: /time Magazine | Title: Asian Corps, Govs Scramble to Save Jobs | 2/11/2009 | See Source »

...Netanyahu, a former Prime Minister, insists that he should be Israel's next Premier, not Livni. He may be right. Political analysts say the Likud leader stands a far better chance of stitching together a right-wing coalition with small religious groups and Yisrael Beitenu, a nationalist, anti-Arab party that was the surprise in this election. At the last poll, in 2006, Yisrael Beitenu won just 11 seats. Yesterday it won 15, knocking the venerable Labor Party, which picked up 13 seats, into fourth place...

Author: /time Magazine | Title: Israel's Election Dashes Hopes for Peace | 2/11/2009 | See Source »

...Livni's bid to become Israel's first female Premier since Golda Meir in the 1970s looks increasingly hopeless. Spurned by Netanyahu, she will turn left to Labor and other smaller parties - but the only way she can make the numbers add up to a 61-seat majority is if she entices Lieberman to join her. The drawback is that if she succeeds, Labor and the leftist parties will leave in disgust. The Arab parties, which have a total of 11 seats, are also unlikely to join a Livni-led coalition because they remain angry over the Gaza invasion. Israeli...

Author: /time Magazine | Title: Israel's Election Dashes Hopes for Peace | 2/11/2009 | See Source »

...rise as police and fire crews go deeper into the disaster zone and uncover further horrors. More than 750 homes have been razed and over 770 sq. mi. (2000 sq. km.) in the southeastern state of Victoria have been burned. "We know tragically many lives have been lost," Victorian premier (governor) John Brumby said in a television address to the state. "We have grave concerns for many more. Out there it has been hell on earth. It's one of the most tragic events in Victoria's history...

Author: /time Magazine | Title: Horror and Tragedy in Australia's Worst Wildfires | 2/9/2009 | See Source »

...Premier Brumby has announced a Royal Commision of Inquiry into the fires. "We want to make sure that every single issue, ever single factor, everything in relation to the horrific weekend, to the horrific fires on Saturday is investigated and uncovered," he told reporters as he toured the fire ravaged areas. Official advice to stay and defend their homes or leave before the fire became dangerous had failed to save people, he acknowledged...

Author: /time Magazine | Title: Horror and Tragedy in Australia's Worst Wildfires | 2/9/2009 | See Source »

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