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...Berlin, a more interesting drama is unfolding in the realm below?in the economy, or the "substructure" of capitalist society, as Karl Marx called it. Industry has ruthlessly cut costs by downsizing and off-shoring. Today, Germany's unit-labor costs have fallen way below those of Italy, Spain and France. While job-protection remains a holy cow, business and labor have quietly agreed to let weekly working hours creep up and paid vacation days come down. Almost one-third of the German workforce is now temporary or part-time, granting companies a generous measure of flexibility. Nationwide labor contracts...

Author: /time Magazine | Title: How to Change Without a Revolution | 9/26/2005 | See Source »

...competition, which dates back to 1851, has grown in global popularity, with teams from Italy, New Zealand and 2003 winners Switzerland battling for the title of sailing's best. The Trapani preraces are part of a restructured lineup of annual contests that lead to the finals in Valencia, Spain, in 2007. Trapani's historic port is spruced up for the event with wine bars and VIP tents, while the peculiar sight of windmills and salt flats add a quirky touch to an otherwise Latin coastline. But if you fancy a day trip, hit the road for some truly special scenery...

Author: /time Magazine | Title: A Race With A View | 9/25/2005 | See Source »

...anomaly," says ReynieŽ. "The idea is that 'the others' have either done reforms or want to, and are doing better than France as a result. Merkel's lackluster showing makes that idea look fragile? - particularly since it comes after the defeat of the conservative Aznar government in Spain, and just after the Hurricane Katrina debacle appeared, in European eyes, to further dim the appeal of President Bush's free market mantra...

Author: /time Magazine | Title: Why Germany's Election Alarms the French | 9/22/2005 | See Source »

Amparo Moraleda IBM'S EUROSTAR IBM couldn't keep Moraleda, 41, holed up in the Iberian Peninsula. After she led IBM Spain to 7% revenue growth last year, handily outpacing her counterparts in the rest of Western Europe, the company added Israel, Greece and Turkey to her portfolio. (She already had Portugal.) Moraleda was managing a small Spanish IBM subsidiary when ex-chairman Louis Gerstner picked her as his top assistant for international operations. Her ascent has turned the mother of two into a role model in Spain, where women still struggle for acceptance in the boardroom. --By Jane Walker/Madrid...

Author: /time Magazine | Title: People to Watch in International Business | 9/18/2005 | See Source »

...rose in the Song of Songs ("Just as a rose has 13 petals, so Assembly of Israel has 13 qualities of compassion on every side"), the first volume only plunges further into esoterica. Matt's commentary, which offers tidbits about ancient water clocks and the silkworm's arrival in Spain, along with his exegesis of mystical concepts, is often twice as long as his translation. Yet there are those eager to use it. Says Samuel Cohon, a Tucson, Ariz., rabbi who has ordered 40 copies at his congregants' request: "I thought, It'll be too hard. But there...

Author: /time Magazine | Title: Found In Translation | 9/16/2005 | See Source »

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