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...suppliers that have helped make Japan's economy so uncompetitive. If prices rise, these companies will be able to stay exactly as they are, instead of facing the reality that they must be more productive or die. "That is one reason," writes Katz, "why the defenders of Japan's backward industries have pounded so hard on the deflation issue...

Author: /time Magazine | Title: Japan's Deflation Dogfight | 2/24/2003 | See Source »

...means, as one Harare woman says, "we're all ZANU-PF on the outside, MDC on the inside." In Binga, where Tuku is working with the orphans' choir, Zimbabwe's crises converge in one misery-ridden corner. City folk consider it Hicksville and still say the locals are so backward that they're born with two toes per foot. But they're suffering from worse things than outsiders' disdain. The area's 500-plus orphans know why the choristers wrote Iwe AIDS: "You killed my father, you killed my mother ... I remain all alone." Dry, cracked streambeds are evidence...

Author: /time Magazine | Title: Singing The Walls Down | 2/23/2003 | See Source »

...usual, the president’s backward agenda favors his rich patrons at the expense of the nation’s poor. The budget proposal would reduce taxes by $674 billion over 10 years, half of which will come from an elimination of taxes on stock dividends. While predominately wealthy stock shareholders will receive a hefty tax break, the President turned his back on important social programs for the nation’s less affluent citizens. Reductions were made to Justice Department programs on juvenile delinquency, and money for public housing programs was cut. Over time, government-financed child care...

Author: By The CRIMSON Staff, | Title: The Real 'Fuzzy Math' | 2/10/2003 | See Source »

...ever lived and, given the enormous losses and gaps in what we know about him, it is futile to hope that any exhibition could sum him up. He was conflicted, contradictory, almost incredibly hard to get at, to or around. It is not true, however, that his famous backward writing was an attempt to shield the secrets of his researches from prying eyes. This aspect of the Leonardo "mystery" is not a mystery at all, because he was left-handed, and it was natural for him to write that...

Author: /time Magazine | Title: Art: He Drew Like An Angel | 2/3/2003 | See Source »

When Dai-ichi Kangyo bank, Fuji Bank and Industrial Bank of Japan merged in 2000 to create the world's largest bank, managers wanted to christen the venture with a hopeful name, a word to signify a new era of Japanese banking free from the backward ways that have helped to cripple the world's second largest economy. The name they chose was Mizuho, meaning "a fresh ear of rice...

Author: /time Magazine | Title: Too Big to Fail? | 1/27/2003 | See Source »

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