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...Buttressing that sort of attitude are the limited ways in which Chinese citizens can put their nest eggs to work. Bank interest rates remain regulated and miserly - offering less than 1% return on a standard savings account - and China has only just begun to open the door to its citizens being able to invest legally abroad. For most savers, that leaves real estate or the stock market - and if an apartment is the equivalent of a bar of gold, the stock market is the equivalent of a casino. Generally speaking, the Chinese love to gamble, but they love their bars...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...only way to stop this illegal mass invasion is to return them to their home countries as soon as possible unless they are from a war region and qualify as refugees. The immigrants have to learn that they are wasting their money and risking their lives. This strict rule of returning illegal immigrants is the accepted procedure in the U.S., Canada and Australia. Günter Korek, BARSBÜTTEL, GERMANY...

Author: /time Magazine | Title: European Immigration | 3/22/2010 | See Source »

...company will also return some 300 discontinued items to the shelves, giving the shopper more choice as well. With this aggressive strategy, and upgrades to the shopping experience provided by Project Impact, Weinswig believes Walmart is positioned for a big year: on March 14, she upgraded the stock from hold to buy, and set a price target of $65 per share (after the close of business on March 17, Walmart was trading at $55.92 per share). The company's plan also indicates that a significant swath of American consumers are still hunting for value in the economic rebound, and many...

Author: /time Magazine | Title: Walmart, Suffering a Rare Slump, Fights Back on Prices | 3/20/2010 | See Source »

...curse of the Red Shirts may ultimately prove unsuccessful in its quest to unseat Abhisit and pave the way for Thaksin's return. But the Red Shirts did achieve a measure of success in making the world more aware of their movement with a black magic ceremony that spellbound news directors of international cable networks and their viewers. Whether they win their war of saiysat or not, the Red Shirts have certainly given resonance to the old newsroom adage: "If it bleeds, it leads...

Author: /time Magazine | Title: In Thailand, A Little Black Magic Is Politics as Usual | 3/20/2010 | See Source »

...like Austin Community College to develop a series of training courses to help people upgrade their skills and earn certifications. The modules are built to be accessible to people well into their careers - recognizing that a 40-year-old isn't likely to have two or four years to return to school full time - and focus on Austin's up-and-coming industries, like biotech, renewable energy and video-game development. "When these jobs come, we'll have the people with the skills to move into them," says Workforce executive director Alan Miller...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

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