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...being thrust upon it. The huge boost to its reserves exists on paper, but it's not yet clear where all that money will come from. Japan has pledged $100 billion. Gordon Brown, the British Prime Minister who hosted the G-20 summit, said the European Union would put up $100 billion and that China would provide $40 billion. But Chinese officials wouldn't confirm that amount - and even if the money is forthcoming, it still leaves $260 billion unaccounted for. At a time when governments are financially overstretched, that's no small sum. Moreover, the thorny issues involved...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...still making hires in the district, particularly in subject areas and local areas of high need,” Biber said. “We are only looking to fill spots that will already be empty.” But Richard F. Stutman, president of the Boston Teachers Union, said that about half of those positions are already filled by provisional teachers who will lose their jobs to TFA corps members. “Teach for America claims that it does not come in and take positions from incumbent members. That is a lie,” Stutman said...

Author: By Sofia E. Groopman and Michelle L. Quach, CRIMSON STAFF WRITERSS | Title: TFA in Boston Sparks Anger | 4/20/2009 | See Source »

...When union leader Francisco Freitas has something to say, Japan's Brazilian community listens. The 49-year old director of the Japan Metal and Information Machinery Workers called up the Brazilian Embassy in Tokyo April 14, fuming over a form being passed out at employment offices in Hamamatsu City, southwest of Tokyo. Double-sided and printed on large sheets of paper, the form enables unemployed workers of Japanese descent - and their family members - to secure government money for tickets home. It sounded like a good deal to the Brazilians for whom it was intended. The fine print in Portuguese, however...

Author: /time Magazine | Title: Japan to Immigrants: Thanks, But You Can Go Home Now | 4/20/2009 | See Source »

...Lenine Freitas, 23, the son of the union leader, lost his job at Asmo, a small motor manufacturer, one month ago, but says he plans to stay in Japan and work. Freitas says that there would be no problem if the Japanese government set a term of, say, three years, after which Brazilians who took the money could return. But after nine years working at Suzuki Motor Corp., he thinks that the government should continue to take responsibility for foreigners in Japan. "They have to help people to continue working in Japan," he says. "If Brazilians go home, what will...

Author: /time Magazine | Title: Japan to Immigrants: Thanks, But You Can Go Home Now | 4/20/2009 | See Source »

...surprisingly, having Royal deliver an apology for a nation presumably shamed by the words of its own president caused Sarkozy's fellow conservatives to hit the roof. Dominique Paillé, a spokesman for Sarkozy's ruling Union for a Popular Majority (UMP) party, charged it was in fact "the behavior of Madame Royal that dishonors France." Citing the Elysée's denial that Sarkozy ever made the comments, Paillé argued that Royal's saying sorry for them "tarnishes our nation's image abroad for reasons that were false." On Saturday, another UMP spokesman...

Author: /time Magazine | Title: Ségolène Royal: Sorry for Sarkozy Remarks | 4/20/2009 | See Source »

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