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...wage differential won't be erased by a small rise in the yuan's value (say 5%), and they recognize that the Chinese are unlikely to go along with a more consequential one (say 25%). But the Administration feels some heat needs to be put on China to ward off protectionist measures in Congress. Indeed, Alan Greenspan pointed out last week that revaluing the yuan won't help the trade imbalance because U.S.-made products will still cost more than those from China, Thailand and Malaysia. "We will be importing the same goods," he said. China responded to the pressure...

Author: /time Magazine | Title: Tough Talk On China | 5/24/2005 | See Source »

...family ties thicker than political ones? Not in Illinois when a Governor nearing a re-election campaign is pitted against a street-smart ward politico who happens to be his father-in-law. The simmering feud between Illinois Governor Rod Blagojevich and his wife's father, Chicago alderman Dick Mell, reached a boiling point last week. In a press conference, the Governor lashed out at his in-law amid reports that a grand jury is investigating allegations by Mell that Blagojevich's administration traded jobs for campaign contributions. Blagojevich denied the charges and asserted that the investigation was started only...

Author: /time Magazine | Title: Family Feud in Chicago | 5/24/2005 | See Source »

...early afternoon, the ER doctors had released our colleagues. Now our options were either to admit them into the surgical ward of the main hospital, where it would be five days before a surgeon would get around to stitching their wounds, or to move them to a private hospital for immediate stitching. Most Iraqis can't afford private hospitals, even though the rooms cost only $10 a day and specialists charge just $200 for serious surgery...

Author: /time Magazine | Title: A Day in the Life Of a Baghdad ER | 5/9/2005 | See Source »

Next year Mangu-Ward will relocate to New York City, where she will attend Columbia’s Graduate School for Theater Management and Producing...

Author: NO WRITER ATTRIBUTED | Title: OFA Honors Thespians, Dancers, and Artists, Oh My! | 5/5/2005 | See Source »

...hire forty other people. We got to pick the shows, directors, designers, how to use the space and the money,” Mangu-Ward says. The program offered a chance to produce theater on a large scale; the season’s budget...

Author: NO WRITER ATTRIBUTED | Title: OFA Honors Thespians, Dancers, and Artists, Oh My! | 5/5/2005 | See Source »

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