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...short-term consequences of that are serious: up to 18,000 employees could suddenly be looking for a job, while key domestic routes vital to the Italian economy would go underserved. In broader terms, Alitalia's demise would be yet another blow to the country's image abroad and to confidence at home. Berlusconi, who has maintained a hard line since negotiations imploded, has banked much of his credibility on resolving the crisis and keeping Alitalia under Italian ownership...

Author: /time Magazine | Title: What if Alitalia Fails? | 9/22/2008 | See Source »

...interesting to note how successful Sasol has been, thanks to the South African taxpayer who has heavily subsidized Sasol over many years and under very questionable circumstances [Sept. 15]. As Sasol globalizes its business operations, it will be interesting to see how it deals with its most vital challenges: the protection of its intellectual property, increasing political demands at home to contribute much more substantially to the economy of South Africa, and the worsening skills shortage in its core operations. Instead of claiming transformation by counting how many black directors sit on its board, or how many discounted shares...

Author: /time Magazine | Title: Introducing Sarah Palin | 9/22/2008 | See Source »

...proof that not every rock star feels the need to act like one. "In the welter of arguments about who or what was Pink Floyd, Rick's enormous input was frequently forgotten," said Wright's bandmate David Gilmour in a release. "But his soulful voice and playing were vital, magical components...

Author: /time Magazine | Title: Richard Wright | 9/18/2008 | See Source »

Americans may despise pork in someone else's district, but they tend to view it as vital infrastructure when it comes home; that's why so many Americans despise Congress but still support their local members of Congress. And that's why McCain's steadfast opposition to all earmarks requested by individual members of Congress - the common definition of pork - could be a political liability. As a procedural matter, it makes sense to stop Representatives from slipping pet projects into law, although some legislators argue that earmarking is a useful check on executive power, and that earmarks are just...

Author: /time Magazine | Title: Could McCain's Crusade Against Pork Backfire? | 9/15/2008 | See Source »

...Joining Search and Rescue is a perfect opportunity for me to serve in the forces operationally, while contributing to a vital part of the country's emergency services," he said...

Author: /time Magazine | Title: Prince William to Become Rescue Pilot | 9/15/2008 | See Source »

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