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After years of watching Europe's single currency appreciate against the U.S. dollar, European companies are rubbing their hands at the sales boost they should get from the euro's 10% decline against the greenback in recent weeks - a slide that may not yet be over. "After so much protest about the strong euro, I know there are big French exporters out there who aren't unhappy seeing it where it is now," French Economy Minister Christine Lagarde told Europe 1 radio in late February, just days before the euro's exchange rate to the dollar dropped another cent...

Author: /time Magazine | Title: Europe Looks to Export Boost from Weak Euro | 3/5/2010 | See Source »

...strikers argue, however, that their protest is misunderstood. "We are not defending drunk driving," Carlos Casillo, 28, of the 22 de Mayo transport workers union explained to TIME. He and about 30 other drivers were planted on a La Paz street corner under the hot noon soon "enforcing" the strike. When the occasional operating taxi or mini-bus passed by, the group would bang on its hood and try to block its passage. Casillo concedes that harsh penalties are appropriate for drivers who've been drinking. But, he says, the rest isn't fair: "I hire others to drive...

Author: /time Magazine | Title: A 'Drunkards' Strike' Shuts Down Bolivia | 3/4/2010 | See Source »

Similar promises were also reportedly made last week by the director of a large steel plant, also in Isfahan, after workers announced the beginning of a hunger strike to protest large discrepancies in pay. Reassuring words from the director were followed by a tour of the plant by security staff, who demanded that the organizers of the strike be turned in to company management...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

Reports toward the end of last month told of telecommunications workers protesting in the south-central city of Shiraz for three consecutive days over 13 months of unpaid wages, numerous factories operating at 20% to 30% capacity and up to 2,000 layoffs in the power industry as three major companies began cost-cutting measures. Meanwhile, mine workers in Gorgan province have reportedly gone unpaid for six months, their employers failing to pay state insurance and allowing conditions to drop below legal minimums for health and safety. One report by a nongovernmental organization said that Iran's power industry...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

...same article also highlights some of the pitfalls of populism in its portrayal of the Tea Partiers as a cross between a social activist group and a Glenn Beck-worshipping cult. Not only is the Tea Party’s homophobic and racist rhetoric offensive (a Tea Party protest in Washington last September included signs saying “The Zoo Has an African Lion and the White House Has a Lyin’ African!”), but their tactics are self-defeating...

Author: By Peter M. Bozzo | Title: Obama’s Tea Party | 3/2/2010 | See Source »

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