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...Today, the tigers are being tripped up by that same lifeline. As consumer and industrial demand dries up in recession-wracked Western countries, East Asia's export-led nations are proving to be extremely vulnerable to a synchronized global slowdown. Among the tigers, overseas trade is shrinking with frightening speed: Taiwan's exports in January plunged 44% from the same month a year earlier, while Singapore's fell 35% and South Korea's 33%. Overall economic growth is following suit. In the fourth quarter of 2008, Taiwan's GDP contracted 8.4% from the same period a year earlier, the worst...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

...past, Jews used to kill us, and no one defended us," he explained. "Today, if the Jews kill us, we kill them." Later, Makdah - who was born in Lebanon and has been a fighter since the age of 12 - vowed that Palestinian leaders negotiating with Israel would never trade away the right of return. "No peace agreement can survive if there is one refugee outside the homeland," he said. The Palestinians' long, dismal wait seems doomed to continue...

Author: /time Magazine | Title: Palestinians in Lebanon: A Forgotten People | 2/25/2009 | See Source »

...time Long Island scoring record, he tallied 85 career assists. He led Syosset to the 2008 Long Island Championship as well as two Nassau County Class A Championships, earning Offensive MVP of the competition in both years. When it came time to decide where he would ply his trade next, Harvard was the clear front-runner.“I looked at Princeton and at some of the other Ivies, but Harvard was always where I wanted to be,” Cohen said. “After coming up here to see my brothers play so often and hanging...

Author: By Colin Whelehan, CONTRIBUTING WRITER | Title: Freshman Cohen Shines In Upset Win at Duke | 2/25/2009 | See Source »

...undergraduates, the financial crisis has the potential to force Harvard students into reconsidering their postgraduate plans. For the Class of 2009, it may already be too late. For those of us who still have a little time left at the College, however, it is high time to reconsider the trade-school mentality that has characterized our campus in recent decades...

Author: By Eugene Kim | Title: A Rude Awakening | 2/25/2009 | See Source »

...economically to forge a strong partnership with China...If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up." - on how free trade can help strengthen global relationships, The Seattle Times, Sept...

Author: /time Magazine | Title: Commerce Secretary: Gary Locke | 2/25/2009 | See Source »

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