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...hodgepodge of privatization policies make the hard job of running a business even harder. Little wonder that more than half of small-business start-ups fail within five years. And yet Europe depends more and more on the bold entrepreneur. Across the region, over half the 120 million private-sector jobs are in small businesses (with fewer than 50 employees). As Europe's industrial giants move jobs to low-wage locales in developing countries, small and medium enterprises (SMES) are the engine of new job growth, accounting for about two-thirds of all new jobs created. What's it like...

Author: /time Magazine | Title: It's A Small World | 12/14/2003 | See Source »

...advisory panel will also recommend that the President name a bipartisan civil liberties oversight board - drawing members from across the political spectrum, academia and the private sector - to assess the impact on civil liberties of anti-terror measures such as the Patriot Act and proposals to strengthen it. The report suggests that greater oversight is required for any use of U.S. spy satellites on targets inside the United States, and that legislation may be required to set the rules. Since September 11, the National Geospatial-Intelligence Agency's spy satellites have been increasingly pointed inside U.S. borders in support...

Author: /time Magazine | Title: Bush Gets a 'Can Do Better' From Terror Panel | 12/13/2003 | See Source »

...panel will also recommend that the Terrorist Threat Integration Center be established as an independent agency, and urges that the ongoing spending of billions of dollars on anti-terror and homeland security measures at all levels of government and in the private sector needs to be guided by an overall strategy...

Author: /time Magazine | Title: Bush Gets a 'Can Do Better' From Terror Panel | 12/13/2003 | See Source »

...that's too much bother, several IP-based companies can provide service over your existing phone. "The barriers have fallen away, and this sector is about to explode in the face of the incumbent telephone companies," says David Isenberg, a former Bell Labs researcher and respected industry observer. Vonage, for example, has 70,000 customers paying $34.99 a month for unlimited calls in the U.S. and Canada. You just link your phone to your broadband connection via an adapter. An added perk: you can choose any area code in the country. Buy a second line for $4.99 a month...

Author: /time Magazine | Title: The Kazaa Boys Are at It Again | 12/8/2003 | See Source »

England's cash-strapped universities strongly support the measure, arguing that the extra money will allow them to invest in infrastructure and attract more well-qualified professors. "It has become very difficult to recruit top academics, especially in fields with a lot of private-sector competition, like law and IT," says Ivor Crewe, of the representative body Universities U.K. But Tim Yeo, the opposition Conservative Party's spokesman for education, says the debts students accrue "will become so large that they will deter some students from attending university." Both the Tories and Liberal Democrats want to use taxes...

Author: /time Magazine | Title: What Price Education? | 12/7/2003 | See Source »

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