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HONG KONG, CHINA Cash Crunch Not long ago, American businessmen flocked to trade shows in Guangzhou, China, searching for bargains from the country's southern factories. "Americans are famous for one thing," says Ken Melwani, Hong Kong - based director of trading company Nikita, whose 10 Chinese manufacturing plants turn out...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

But what makes the hedge-fund losses notable is the outsize fees that many investors are willing to pay in the belief that these funds will do well in good times and bad. That's where the name "hedge" comes from. Indeed, by some measures, hedge funds as a group...

Author: /time Magazine | Title: Hedge Funds: How the Smart Money Looked Dumb | 10/15/2008 | See Source »

Recent immigrants to Ireland are among those wondering whether it's time to leave. Some 150,000 Poles came to Ireland in the two years after Poland joined the E.U. in 2004, for instance, but thousands are now heading home. At a recruitment fair in Dublin a few days ago...

Author: /time Magazine | Title: Postcards from Europe's Financial Bust | 10/15/2008 | See Source »

To be sure, some cases have been clearly inappropriate - such as the Florida middle school instructor who was suspended Oct. 2 after writing a racial slur about Obama on his blackboard. Other situations, however, are more ambiguous. Consider the class of first graders at a San Francisco charter school, which...

Author: /time Magazine | Title: Classroom Politics: Should Teachers Endorse a Candidate? | 10/15/2008 | See Source »

I use Retin-A right now and I do think that works. The other creams might actually reduce your wrinkles the tiniest bit because some of them make claims that they do. The problem is, nobody is examining your face as closely as you do. What I learned after a...

Author: /time Magazine | Title: Beth Teitell: On Not Looking Old | 10/14/2008 | See Source »

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