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...Hussein's plight reflects one of the burgeoning problems of the global downturn. Countries that built successful economies in part on the backs of cheap migrant workers now face upheaval in their labor markets. In places like Taiwan, Malaysia, South Korea, and the Gulf states, companies are folding, factories are closing, and thousands are losing their jobs - meaning migrant workers like Hussein are being shoved out of the labor pool and into a tenuous half-life on the margins of the world economy...

Author: /time Magazine | Title: Migrant Workers: A Hard Life Gets Harder | 4/1/2009 | See Source »

China's Gift to Taiwan: Fake Pandas! Taipei Times "Taiwan-China relations were dealt a severe setback yesterday when it was found that Taipei Zoo's "pandas" are not what they seem. Zookeepers discovered at feeding time yesterday that the two pandas are in fact Wenzhou brown forest bears that had been dyed to create the panda's distinctive black-and-white appearance. The Taipei Zoo's head of ursidae ex-procynidae care, Connie Liu... said she became suspicious when the pandas Tuan Tuan and Yuan Yuan began to spend almost all of their waking hours having sex. Pandas...

Author: /time Magazine | Title: Fake Pandas! And Other April Fools' Day Hoaxes | 4/1/2009 | See Source »

...jaunt, which came smack in the midst of the Cold War, was a huge boon for the President's public image. The trip ended with the Shanghai Communique, a joint statement from China and the U.S. that pledged to improve relations between the countries and maintained that Taiwan was part of China, a diplomatic sticking point. At the close of the journey, Nixon crowed, "This was the week that changed the world." (See TIME's 1972 Cover Story "Richard Nixon's Long March to Shanghai...

Author: /time Magazine | Title: Presidents Abroad | 3/31/2009 | See Source »

...return on their investments in major infrastructure projects, Jakarta will have to act quickly and create an investment climate that makes the country more attractive than others in the region, particularly during these times of crisis. "Select projects will get interest from investors in Japan and Taiwan but it won't be as easy as when liquidity was more available so incentives are needed," adds Uno, one of the country's most successful young businessmen. "It is high time for the government to take the lead...

Author: /time Magazine | Title: Indonesia Looks Inward After Dam Bursts | 3/31/2009 | See Source »

...Indeed, apart from a few loyal supporters, most of Taiwan remains unconvinced of their former leader's innocence. Civil law expert Chuang Shui-ming says that circumstances surrounding the embezzlement charges make it difficult to believe that the funds in question were only donations. And since several people involved have already admitted to their role in the scandal, Chuang says, "It's hardly possible that the Chen family would be found innocent...

Author: /time Magazine | Title: Taiwan: Ex-President's Corruption Trial Begins | 3/26/2009 | See Source »

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