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...Concern in the U.S. about Hatoyama has been further heightened by his overtures to China. The two Asian giants have had icy, even confrontational, relations in recent years, due to lingering anger among Chinese over Japan's brutal invasion of their country in the 1930s and 1940s. But Hatoyama has defused tensions by promising not to visit Tokyo's Yasukuni Shrine, which is dedicated to Japanese war dead, including some convicted World War II war criminals. Regular visits by Hatoyama's predecessors had been a regular irritant in Japan-China relations. In contrast to Gates' testy visit, Japanese officials rolled...

Author: /time Magazine | Title: Change in Tokyo: Hatoyama's Bid for Respect | 4/19/2010 | See Source »

...between close ties with the U.S. and with Asian powers. There is no reason to doubt he means what he says. But this isn't the mid-1950s. Anyone who thinks the balance of power in Asia is not changing - and with it the strength of the U.S., even among its old allies - hasn't been there lately...

Author: /time Magazine | Title: Change in Tokyo: Hatoyama's Bid for Respect | 4/19/2010 | See Source »

...Denise A. Jillson, executive director of the Harvard Square Business Association, said that Quick Flix’s closing is an exception to the larger trend of stability among businesses in the community...

Author: By Katherine M. Savarese, CONTRIBUTING WRITER | Title: Jewelry Store To Open Shop | 4/16/2010 | See Source »

...vote getters go, the government could have done much worse. The plan taps into creeping resentment among fans over the ways top clubs manage their money. The world's richest soccer competition by measure of revenue, England's Premier League also tops the table when it comes to debt: 18 of its 20 teams owed a total of $5.2 billion in 2008 according to UEFA, the sport's governing body in Europe - more than all the clubs in the continent's other top divisions combined. (Debt-ridden Portsmouth, one of two Premier League teams not included in UEFA's sums...

Author: /time Magazine | Title: How Soccer Could Sway Britain's Election | 4/16/2010 | See Source »

...Support for cooperative ownership was even higher among fans of Manchester United and Liverpool. Angered by the $1 billion debt piled onto United's books following its 2005 takeover by the Glazer family - owners of the NFL's Tampa Bay Buccaneers - a consortium of wealthy United fans is putting together a plan to buy out the club with the backing of ordinary supporters. While the group, known as the Red Knights, is unlikely to make an offer before the end of the current season - the club, for its part, insists it's not for sale - the extent of support...

Author: /time Magazine | Title: How Soccer Could Sway Britain's Election | 4/16/2010 | See Source »

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