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...backfire. Technology makes it more difficult to engage in protectionism anyway: it is easier to turn back ships pulling into American ports with goods made in overseas factories than it is to regulate-or even measure-what kind of overseas service work crosses American shores via computer connections or phone calls. In addition, protectionism is tough to pull off now that the world's supply chains have been knitted together. Much of what is shipped back and forth across borders is simply pieces of products heading to the next step in those supply chains, rather than finished articles on their...

Author: /time Magazine | Title: Coping Strategies | 7/19/2007 | See Source »

...biblical ferocity, was enough to kindle several moments of panic. An underground pipe explosion near Grand Central Terminal during rush hour Wednesday evening spooked commuters and tourists alike in New York City. "The whole ground was shaking," one young woman heading away from the scene said into her cell phone. "It just came from nowhere," said another, "and then everyone was yelling, 'get out of here...

Author: /time Magazine | Title: Manhattan's Big Rush-Hour Scare | 7/18/2007 | See Source »

About half an hour after the explosion, from behind yellow caution tape, dozens of rubberneckers snapped camera phone shots of the steam that was billowing as high as the nearby Chrysler Building. A small school bus sat a few feet away from the site, abandoned. TV helicopters showed what appeared to be pickup truck in the crater created by the explosion. Nearby, an elderly woman covered in dark brown debris and clearly alarmed approached two police officers, who offered to call an ambulance or drive her home. A few blocks away, some of the crowd formed a knot around...

Author: /time Magazine | Title: Manhattan's Big Rush-Hour Scare | 7/18/2007 | See Source »

...Jilin Province. She no longer has to work as a masseuse at a bath house. But she is still struggling. Unable to read and unfamiliar with computers, she says she can hardly manage to add up her accounts. "I gave my youth to sport," she told TIME over the phone, in a voice thick with emotion, "but in return, I was thrown out like garbage with no knowledge, no skill and a barren womb...

Author: /time Magazine | Title: China's Disposable Athletes | 7/17/2007 | See Source »

...allowed the crates to acclimatize for 24 hours before completing his color-coded condition reports. Only then could installation begin. "You go to an exhibition and see all the paintings on the wall," he says, "but you can't imagine the work behind all these things: six months of phone calls and faxes and e-mails and trying to be happy and serene...

Author: /time Magazine | Title: Peggy's Bequest | 7/15/2007 | See Source »

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