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Dates: during 2000-2009
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...released this week indicated Japan may be climbing out of its worst recession in decades. Third quarter GDP growth came in at an annualized rate of 4.8%. But other statistics painted a more troubling picture. The price of goods and services slid by 2.6% in the third quarter, the biggest drop since 1958. Consumer prices have dropped for seven straight months. "The recent price falls are not right and worrisome," Japan's Finance Minister Hirohisa Fujii said at a Nov. 20 press conference. "This is one of the major policy issues right now." Deputy Prime Minister Naoto Kan was even...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

...Asterix's success presents a problem. How can a huge commercial hit continue to represent the little guy? Asterix is not just the biggest comic-book star in France these days, but in the whole of Europe. Asterix merchandising is big business, from video games, plush toys and shampoos to, yes, even McDonald's Happy Meals. (Read "Hooked on McDonald...

Author: /time Magazine | Title: Asterix at 50: The Comic Hero Conquers the World | 11/19/2009 | See Source »

...much as some of its citizens may continue to romanticize France's place in the world, the Asterix syndrome no longer really applies to France, if it ever did. The world's fifth biggest economy is as globalized as any other country. French businesses such as oil giant Total, retailer Carrefour and carmaker Renault are fixtures in the FORTUNE Global 500. President Nicolas Sarkozy (nicknamed l'Américain) openly admires American entrepreneurialism. Last year, his government announced plans to make youngsters bilingual in French and English by the time they finish school. Frenchmen head two bastions of globalization...

Author: /time Magazine | Title: Asterix at 50: The Comic Hero Conquers the World | 11/19/2009 | See Source »

Today Hazen sits in his office, papers strewn everywhere. A spider plant hangs from the ceiling. As the Associate Librarian for Collection Development at Harvard, Hazen oversees the acquisitions of one of the biggest library systems in the world. On the first floor of Widener, among the hundreds of stacks and hundreds of students on laptops, Hazen writes reports that emphasize a digital future. But he is not afraid to also wonder if something is lost in these new kinds of resources...

Author: By Rachel A. Stark, CRIMSON STAFF WRITER | Title: From Widener to the Web | 11/19/2009 | See Source »

...advice for a country trying to pull itself out of decades of war and chaos. But now China's booming economy and resilience in the face of the global slowdown have left it in a prime position. It holds nearly $800 billion in U.S. Treasuries, making it Washington's biggest creditor. But Beijing is still not confident in acting on the world stage for any interest besides its own. A recent survey of Chinese élites by Pacific Forum CSIS, a Honolulu-based foreign policy research institute, found that more than 90% rejected a special leadership role for China...

Author: /time Magazine | Title: China: Self-Centered on the World's Center Stage | 11/18/2009 | See Source »

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