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...struggle to compete against international companies. As the blistering afternoon sun beats down, the fishermen of Garrucha (pop. 8,000) pull their boats into the harbor with the day's catch, and gather in a café on the dockside. Over coffee they talk for hours. "Fuel prices have risen, and fish prices are really low. We wonder if it is worth it anymore," says Juan Cervantes, 55, who began fishing on his father's boat at age 14, married a local girl at 17, and supported their four children by hauling fish from the Mediterranean. "My father fished...

Author: /time Magazine | Title: The Mediterranean's Tuna Wars | 7/16/2006 | See Source »

...crown jewel in Barclays' family of exchange-traded funds--popularly known as ETFs--and on some days it trades more than 100 million shares. This year alone, says Barclays, IWM's assets have risen in value about...

Author: /time Magazine | Title: Global Investing: Market Movers | 7/16/2006 | See Source »

...anomalous zero-interest era, saying he favors acting early and in small steps. In March, the BOJ declared an end to its quantitative-easing campaign, and it has since tightened the money supply considerably, draining an astonishing $181 billion from the system in four months. Economic growth has risen steadily since March, while the consumer price index excluding fresh produce has gone up year-on-year for seven months straight, bolstering claims that deflation has at last ended...

Author: /time Magazine | Title: Japan Takes Flight | 7/10/2006 | See Source »

...Japanese-North Korean relations are already at their lowest point in decades, having risen to a new level of tension after North Korea's last missile test, in 1998, when part of Taepodong-1 missile fell in Japanese waters...

Author: /time Magazine | Title: North Korea's Missile Test Leaves Japan in a Quandary | 7/5/2006 | See Source »

...addition to planning better, you can also make smarter investments. Given the U.S. fiscal mess, investing abroad is a good idea. Try to avoid inflation-sensitive investments, like long-term bonds, and other potential traps, including waiting to withdraw your 401(k) balances until after tax rates have risen. You may also want to purchase real estate, commodities and collectibles that should retain their purchasing power over time. Borrowing at what are still very low long-term interest rates and investing in U.S. inflation-protected bonds may also make sense...

Author: /time Magazine | Title: The Time to Plan Is Now | 7/2/2006 | See Source »

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