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...estimates portend grim consequences: some 53 million people may fall below the poverty line if the financial crisis continues and remittances dip, according to the World Bank. In the Philippines alone, up to five million people are sustained by money the country's expatriate workforce - one of the world's most disparate and omnipresent - sends home. Some 10% of Bangladesh's total GDP, and 16% of Nepal's, comes from the remittances of pools of unskilled laborers working in Malaysia and the Gulf states. The economic impact of remittances is even higher in Central Asia, where entire villages send their...

Author: /time Magazine | Title: Migrant Workers: A Hard Life Gets Harder | 4/1/2009 | See Source »

...worry is absence of metal, an element with which they make a simple astrological connection to money. A metal year, they say, brings plenty of gold. An earth year buries all that lucre under piles of dirt. All in all, a buffalo wallowing in mud doesn't exactly portend a get-up-and-go kind of year...

Author: /time Magazine | Title: China Not So Bullish About the Year of the Ox | 1/23/2009 | See Source »

...measure, that's important stuff, though as with last year's invisibility cloak, it doesn't portend magical applications in the everyday world - and won't for a long, long time. "If you're looking for a free trip for your body on quantum levitation, you're not going to get it with this," says Parsegian. Even at its most fanciful, physics, it seems, can play around for only so long before it gets back to serious work...

Author: /time Magazine | Title: Learning More About Levitation | 1/7/2009 | See Source »

...Traditionally, human beings are not great at assessing this kind of risk - a peril that has not yet arrived and that is, in any case, hard to viscerally imagine. Witness people's reluctance to evacuate before hurricanes, and weather forecasts portend a danger far easier to comprehend than failing investment banks...

Author: /time Magazine | Title: Why Aren't Americans Buying the Bailout? | 10/1/2008 | See Source »

...Hotel Zone houses all six of Naypyidaw's hotels. Several more are planned - all sharing a bland rancho-chalet-villa aesthetic - although the eagerness and astonishment with which three hoteliers greet a guest doesn't portend well for their occupancy rates...

Author: /time Magazine | Title: The Burmese Rulers' Paranoid Home | 5/19/2008 | See Source »

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