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...price is paid by for 2007 efforts of to buy unregistered machine guns and silencers from undercover federal agents...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 5/29/2009 | See Source »

...money will do the talking, and Germany's deep pockets give the nation plenty of clout. But around Europe, anger is rising that German politicians are playing a deadly game of poker with GM for which others might end up paying the price. "We cannot get into a situation where everyone is trying to outdo each other, in which we see how much money Germany can put on the table and how much we can," said Flemish Premier Kris Peeters. After all, he, too, faces elections this year...

Author: /time Magazine | Title: Rescuing GM in Europe: A Political Hot Potato | 5/28/2009 | See Source »

...Could those production snags trickle down to the price of a cuppa joe? The signs are that they are starting to. U.S. food company Kraft upped the price of its Maxwell House Colombian ground coffees by roughly a fifth in April. Rival Smucker's made a similar move earlier in the month for its brand, Folgers. Tea drinkers are being milked for more too. Responding to increased market prices, Anglo-Dutch conglomerate Unilever - owner of the PG tips and Scottish Blend brands - plans to increase the cost of its tea bags by about 10% in the coming weeks. Patrons...

Author: /time Magazine | Title: Coffee Price Too Steep? Blame the Weather | 5/28/2009 | See Source »

...price-conscious consumers in Europe and the U.S., that may augur a shot of good news. Consider the example of cocoa. Futures prices for the crop have tumbled in recent weeks amid signs of dwindling demand for chocolate products in mature markets. The European Cocoa Association said last month that grinding - the process that turns the crop into cocoa butter or powder and a handy proxy for demand - by its members fell 11% in the first quarter of this year. Grinding across the U.S., Canada and Mexico fell by slightly more in the same period. That's prompted some manufacturers...

Author: /time Magazine | Title: Coffee Price Too Steep? Blame the Weather | 5/28/2009 | See Source »

...railroads begin competing on price and quality of service, the big winners are bound to be passengers. Further deregulation is in store: in 2012, national markets, not just international routes, are slated to be opened to more competition. "Travel as we've known it recently is being turned on its head, with larger numbers of people using high-speed rail to avoid the hassles, delays and stress of taking an airplane," says Mark Smith, a U.K.-based industry expert and founder of rail-travel website seat61.com. "On routes of three hours or less, you get to your destination faster...

Author: /time Magazine | Title: European Train Travel: Working on the Railroad | 5/28/2009 | See Source »

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