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...loans drying up and the Detroit Three struggling to survive, but the global car business may be on the verge of a big upswing in demand. Companies that can meet consumers' needs for fuel-efficient yet stylish cars - and that have flexible manufacturing plants to turn out the hot products on demand - are likely to find huge opportunities for growth once the economy recovers. That's partly why there's so much riding on the Administration's plans to revamp GM - and why it had better happen fast. If U.S. automakers don't take advantage of the coming car boom...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...cloyingly sweet with condensed milk. But the whispered questions at teahouses in Rangoon and across Burma were always delivered the same way. Head flick to the right, head flick to the left. A nervous glance backward. No one listening, not even the waiter shuffling up to slosh hot water into our glasses? Good. What did I, as an American who had the good fortune to vote in one of the most exciting presidential races in recent memory, think of Burma's upcoming national elections...

Author: /time Magazine | Title: Postcard from Rangoon | 4/2/2009 | See Source »

...assumption about Google's prospects is that the search company is the next Microsoft. Twenty years ago, Microsoft had the hot hand. Sales of Windows and the company's business and server software were stunning. The margins on some of Microsoft's software franchises were over 70%. Then the hyper-growth stopped as the company's market penetration of PCs and servers reached a saturation point. Microsoft's stock never saw the level it hit in 2000 again. Without lucrative stock options, employees who wanted to make it rich moved to start-ups. The people who had been...

Author: /time Magazine | Title: As Google's Growth Falters, Microsoft Could Regain Momentum | 4/1/2009 | See Source »

President Barack Obama loves to talk about the great promise of energy reform, but all it takes is one glance down Pennsylvania Avenue to get a sense of the pitfalls of such ambitious designs. That was especially clear on Tuesday, as Congress ran both hot and cold on legislation to fight global warming...

Author: /time Magazine | Title: Congress Launches Opening Gambits on Global Warming | 4/1/2009 | See Source »

...Support, though, is hard to come by in countries where unemployment is skyrocketing and competition for jobs fierce. Oil palm plantations in Malaysia, which involve intense toil under the hot sun, were once the exclusive province of migrant labor, but laid-off Malaysians like former factory worker Palani Kandasamy are turning to this sort of work. "The pay is lower, but it is impossible to live in the city without a job," he says. Kandasamy now harvests oil palm fruit in a plantation south of Kuala Lumpur...

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

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