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...town of Kanjeevaram, near Chennai, are made by cooperative weaver societies. In 2004, there were 22 weaver societies in Kanjeevaram, but only 13 are left today, according to Business Today. Of these 13, only five say they are doing well. Last year, the 13 weavers sold about $12 million worth of saris, down from $40 million in 2004. The best-known sari shops, like Nalli, which has gleaming showrooms in several big Indian cities, have contracts with some Kanjeevaram weaver co-ops, which is helping them hang on. But it isn't enough to stop people from fleeing the profession...

Author: /time Magazine | Title: The Dying Art of the Sari | 6/25/2009 | See Source »

...impossible that a weakened Iranian regime might be willing to engage on these issues - especially if, as the Iranians insist, they are not attempting to weaponize the uranium they are enriching. Such negotiations would be a diplomatic risk worth taking. They would be a significant political risk, however - with McCain and others screaming appeasement. Whether or not to negotiate, now that the Iranian government has disgraced itself in the eyes of the world, is sure to be a defining moment for the Obama Administration...

Author: /time Magazine | Title: Can the U.S. Deal with a Divided Iran? | 6/25/2009 | See Source »

While abductions of foreign journalists can end and have ended in tragedy, the risks facing Afghan journalists are even greater. The Taliban and other lawless elements in the country are often motivated by the potential ransoms - sometimes worth several million dollars - they believe foreigners can bring them. Afghan journalists who fall into their hands generally do not offer the same moneymaking possibilities. And so the escape of Ludin, who like some other local journalists acts as a "fixer" for foreign correspondents, was particularly welcome. (See pictures of Afghanistan's dangerous Korengal Valley...

Author: /time Magazine | Title: Afghan Kidnappings: Local Journalists Face Risks | 6/24/2009 | See Source »

...From 1945 to '48, sales of television sets increased 500%. The first widespread broadcast in color went out in 1954, and today there are televisions in some 110 million U.S. households. Revenues from TV broadcasting, cable, advertising and TV-set sales totaled nearly $182 billion in 2006. Talk about worth the trouble...

Author: /time Magazine | Title: A Brief History Of: Television | 6/22/2009 | See Source »

According to Harvard's year-end financial report from 2008, HMC had over $7 billion invested in fixed-income assets as of June 30. Those assets included nearly $2 billion worth of domestic bonds—which had produced returns of 16.1 percent for that fiscal year, beating the HMC board-approved benchmark of 12.7 percent—as well as foreign bonds, inflation-indexed bonds, and high-yield bonds...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Amidst Endowment Slump, Harvard To Lose a Top Bond Manager | 6/22/2009 | See Source »

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