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...They say ministers have ignored their pleas, and that price inflation is eating into family spending. With Prime Minister Yves Leterme due to unveil his 2009 budget to parliament on October 14, the unions want a signal that some form of relief is on the cards...

Author: /time Magazine | Title: Amid Financial Crisis, Belgians Go on Strike | 10/6/2008 | See Source »

...unions say that since the start of the year, food prices have risen 7.9%, electricity 20%, gas 50% and coal for heating 59%. The consumer price inflation rose 5.46% year-on-year in September. They say the government is still offering businesses "expensive gifts" like tax relief to foreign investors, but it has done nothing to relieve creeping living prices. Union demands include for higher minimum wages, a VAT cut on energy bills, and lower income taxes...

Author: /time Magazine | Title: Amid Financial Crisis, Belgians Go on Strike | 10/6/2008 | See Source »

Considered the ultimate boy's toy, the Ferrari represents the pinnacle of success, for those willing to pay the price. It has been a collector's item for wealthy Italians like Gianni Agnelli and Roberto Rossellini and European royalty such as Baron de Rothschild and the Aga Khan. After Hollywood gave it a starring role in The Thomas Crown Affair in 1968, a legion of iconic owners, including Dean Martin, Elvis Presley and Steve McQueen, followed...

Author: /time Magazine | Title: Italian Stallion | 10/6/2008 | See Source »

...What if every European collector bought just one of my paintings? As Zhu Qi, author of the essay Art Capitalism in China writes, showings of Chinese art have become an “assessment index of artist’s position in art scenes and of his market price,” as opposed to a referendum on their talent. This is a Bull Market in which 70 percent of all collectors of contemporary Chinese art have suddenly appeared over the past three years. It is as if somewhere in between the end of the Cultural Revolution...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Self-Aware Chinese Art Begins to Break Down Walls | 10/3/2008 | See Source »

...turned out, 25 of the 47 moderate but fiscally conservative Democrats, more worried about the economic crisis than the price tag of the rescue package, voted for the measure, which went down to defeat after two-thirds of House Republicans voted against it. And when the House takes up the latest compromise version of the bill that the Senate overwhelmingly passed on Wednesday, those same Blue Dogs will once again be the center of attention...

Author: /time Magazine | Title: Blue Dog Democrats May Be Key to the Bailout Bill's Fate | 10/3/2008 | See Source »

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