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...Vice President Jimmy Settles, who negotiated a $4 per hour wage cut in return for new investment at a Mitsubishi plant in Normal, Ill. said he wasn't sure the modifications to the Big Three contract should include major wage cuts. "Mitsubishi represents less than 1% of the U.S. market," he said. Gettelfinger, however, made it plain that the situation was dire. "Even if all of our members were willing to work for nothing, it wouldn't help the automakers out of the situation they are in," Gettelfinger told reporters after a union meeting in Detroit, also noting that...

Author: /time Magazine | Title: UAW agrees to Concessions With Automakers | 12/3/2008 | See Source »

...sprawling, charmless city of 7.5 million that sits 50 miles (80 km) southeast of Guangzhou, the provincial capital of Guangdong in southern China, Dongguan produces a vast amount of the toys that will end up under Christmas trees around the world. Toys were one of the critical, low-wage, low-tech industries on which China built its economic ascent over the past 30 years. But as workers such as Wei know better than anyone, 2008 is the year that that part of China's miracle has come...

Author: /time Magazine | Title: A Blue Christmas at China's North Pole | 11/28/2008 | See Source »

...homes, schools or other premises suffer high burglary rates. Next, residents are given marking kits, paid for either by the company or out of government funds. Windows and street furniture in the area are then plastered with the SmartWater logo and the local media are roped in to help wage psychological warfare on local villains - typically, police will rig out a bait car with a spray to secure a headline conviction and make it known they will routinely scan suspects arrested for any reason. Last December, police in Peterborough sent greeting cards to convicted thieves to let them know that...

Author: /time Magazine | Title: SmartWater: Message in a Bottle | 11/27/2008 | See Source »

...chance to tackle them during his presidency. And if his platform is any indication, he hopes to attack poverty, ignorance, and lack of economic opportunity head-on. Among other measures, he has promised to increase education funding, invest in job-creation programs in disadvantaged neighborhoods, and raise the minimum wage and the Earned Income Tax Credit. While these campaign pledges may be transformed or scaled back in the face of wider recession, they reflect Obama’s understanding of the problems that disproportionately affect minorities, and his desire to solve them...

Author: By Anthony P. Dedousis | Title: Are We There Yet? | 11/23/2008 | See Source »

These days, Odierno and his staff are brainstorming over what the next phase of U.S. military presence in Iraq will look like. A tough battle is still being fought in Mosul and Diyala province against al-Qaeda in Iraq. Iran continues to wage a hot and cold war for influence over the future of Iraq. Militant groups are trying to regain footholds around Baghdad. And Odierno's political skills have been put to the test in negotiations over a status-of-forces agreement with the Iraqi government, which the Iraqi Cabinet endorsed on Nov. 16. Under the terms...

Author: /time Magazine | Title: Can Ray Odierno Make Iraq Safe for the US to Leave? | 11/20/2008 | See Source »

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