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Since 1998, when a glut of tea from low-cost producers caused prices and profits to plunge, Indian growers have struggled to pay the country's 1 million tea workers. Unpaid employees launched a wave of strikes, while some owners sold or simply abandoned their plantations. "Many tea plantations became totally unviable," says Shiv K. Saria of Soongachi Tea Industries, which owns five tea farms in northeastern India. Estates went bankrupt because they were selling at below-cost prices and banks wouldn't lend any more...

Author: /time Magazine | Title: India Brews a Stronger Cup | 11/15/2007 | See Source »

...parents of this important recourse, telling them to “just go to the emergency room” if their child becomes deathly ill. Never mind that the typical emergency room visit costs several times more than a typical visit for preventive care, and hospitals that must swallow unpaid bills pass them along to paying customers. The President must have known this when early last month he vetoed an expansion of federal insurance for children...

Author: By Will E. Johnston | Title: Putting the Horse Before the Cart | 11/14/2007 | See Source »

...students demanded their money back. The result was the equivalent of a bank run: as students rushed to close their accounts, the company fell some $380 million into debt. Nova then filed for bankruptcy protection, making it impossible for students and teachers to collect their tuition refunds and unpaid wages...

Author: /time Magazine | Title: Class Struggle | 11/8/2007 | See Source »

...From unpaid Web work to mostly unpaid Web work - it's an irony they might have made up on 30 Rock, if anyone were writing 30 Rock anymore. Instead, its creator, Tina Fey, was walking a picket line in midtown Manhattan. "These companies clearly smell that the Internet is where their future profits are coming from," she told TIME. "If you look at nbc breaking off with iTunes and trying to start their own thing and raise the price, it's because they know this is where the money's going...

Author: /time Magazine | Title: Will the Writers' Strike Solve Anything? | 11/7/2007 | See Source »

...DeMoss, an unpaid adviser to the Romney campaign who worked for years for the late Rev. Jerry Falwell, and actually arranged a meeting between Romney, Falwell and other evangelical leaders last year, added, "I fully recognize some evangelicals take issue with me for supporting a Mormon for the office of President, and I respect their concerns. Indeed, I had to deal with the same concerns in my own heart before offering to help Gov. Romney. But I concluded that I am more concerned that a candidate shares my values than he shares my theology...

Author: /time Magazine | Title: Why Evangelicals May Turn to Romney | 10/11/2007 | See Source »

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