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...Some are already starving. China's competitive advantage has been its armies of cheap workers, but that edge is getting dull. Labor costs have increased 50% in the past four years across southeastern provinces - an area of China sometimes called the "workshop of the world" - and a new labor law passed by Beijing will only add to the burden. Jonathan Anderson, an economist at UBS in Hong Kong, says that factory owners in southern China believe the new law will drive labor costs another 10-25% higher. Among other provisions, the new law entitles laid-off workers to one month...

Author: /time Magazine | Title: China's At-Risk Factories | 3/20/2008 | See Source »

...years as funding and technological limitations hobbled the search effort. Eventually, however, Kirsner's work and research by Mearns using the diary of the Kormoran's captain convinced government to put up more than $4 million for the search, says Ted Graham. "No one had looked in this particular area before - and the technology, the funding and the expertise had not been available until now." Former signaler McDonald, who suspects details of the battle were hushed up at the time, says he won't believe the Sydney has been found until he sees photos, due this week. The discovery...

Author: /time Magazine | Title: Lost No More | 3/20/2008 | See Source »

Then the UPS guy delivered a coil of bamboo fencing so large I could barely lift it. This would demark the compost area in our yard. That way, we could enjoy rotting things both inside and outside our house. And denude a small part of Vietnamese jungle...

Author: /time Magazine | Title: The Kitchen Stinks | 3/20/2008 | See Source »

With rainboots and umbrellas, a large group of Harvard students and other Boston-area residents marched across campus yesterday afternoon to protest the Iraq War on its fifth anniversary. Students distributed homemade signs with slogans like “Harvard Against War” and “Out of the Armchair, Into the Streets” to a crowd of about 50 people who started gathering outside the Science Center around 2:30. The demonstrators marched through the Square, up Mass. Ave., across the Law School campus, and then back to the Science Center. The leaders of the protest...

Author: By Anna E. Pritt, CONTRIBUTING WRITER | Title: Students Protest Iraq War | 3/20/2008 | See Source »

...recent afternoon I was walking down Hamra, Beirut's old main shopping area, when a car pulled up alongside of me and the driver asked how I liked Lebanon. The place is still thriving, the snow-capped peaks, not a cloud in the sky, the shops full of the latest stylish clothes. It was fantastic, of course...

Author: /time Magazine | Title: Bracing for a New Hizballah-Israel War | 3/19/2008 | See Source »

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