Word: sevening
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...time when hundreds of thousands of Americans are getting pink slips, it's hard to feel much sympathy for someone walking away with a six- or seven-figure severance package. But at least the assembly-line worker usually gets a few weeks', or at least days', notice; NBA coaches are gone in an instant...
...Thailand Crisis Resolved--For Now Abhisit Vejjajiva, a 44-year-old British-born opposition leader, has become Prime Minister, after months of violent political upheaval and seven years of rule by former PM Thaksin Shinawatra (now in exile) and his party. Weeks after a Thai court dissolved the ruling party for fraud, parliament voted 235 to 198 in favor of Vejjajiva, the middle-class candidate, over a Thaksin loyalist supported by the rural poor...
...unrest in China. Thousands of factories in the south have closed, and demonstrations by workers over unpaid wages have become a frequent scene in the regions of the country that have been driving China's double-digit growth. China's exports dropped last month for the first time in seven years, and as many as 9 million migrant workers are estimated to be returning home due to the slowdown. The World Bank and others say growth next year could drop to below 8%, a number that the government needs to maintain to prevent a destabilizing level of unemployment. Economists warn...
...Duncan, 44, has overseen the nation's third-largest school district and its more than 400,000 students for the past seven years. He's considered by most to be a quiet consensus builder. In Chicago, his knack for forging alliances can be seen in his strong relationship with the local teachers' union despite his embrace of reforms the union is leery of, including school choice, pay for performance and a willingness to close down failing schools. "Duncan mirrors the President-elect's style of governing - get all sides around the table, listen carefully and experiment with meaningful reforms," says...
...campaign trail, Obama frequently applauded what Duncan has accomplished in Chicago, long considered to have one of the country's most challenging school districts. Under Duncan's watch, the city's schools for the past seven years have seen increases in some state test scores, though they continue to lag behind the Illinois average. But the graduation rate has risen 6%, and 53 new schools have opened. Duncan has spearheaded merit-pay incentives for both teachers and students as well, and suggested opening the country's first gay-friendly high school. In each of these endeavors, he has tried...