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...system, and hints last week of another economy-boosting package, the administration of Prime Minister Junichiro Koizumi has done nothing substantive to alleviate the problem. Just last week, the Financial Services Agency backpedaled on needed reforms by promising to maintain guarantees on certain bank deposits. Reformers argue that lifting blanket guarantees would force weak banks to shape up or close...

Author: /time Magazine | Title: Swimming in Debt | 9/9/2002 | See Source »

...pervasive is diet-pill proliferation that no government can offer blanket protection, least of all to a public that wants desperately to believe it can lose weight without willpower. The popular media pour on the pressure to be thin. Diet aids (non-deadly ones) are heavily advertised throughout the region, often with the endorsements of pop singers and TV personalities, like Takuya Kimura in Japan, Chen Liping in Singapore and Shirley Cheung Yuk-san in Hong Kong. Says Hidehiko Sekizawa, head of Japanese research group Hakuhodo Institute of Life and Living: "Japanese people are not yet obese in the American...

Author: /time Magazine | Title: Asia's Killer Diet Pills | 8/5/2002 | See Source »

...Republican Army over decades of conflict, his name is recognized and feared across Ireland. Occasionally O'Neill has admitted "regret" over unintended deaths. Mainly he has justified attacks and threatened others. Until last week, when O'Neill suddenly said sorry. In a brief, unexpected declaration, the I.R.A. issued a blanket apology for the more than 600 civilians it killed and the thousands more it injured battling British rule since 1969. In a passage that sounded more like the words of church leaders than gunslingers, the statement said: "The future will not be found in denying collective failures and mistakes...

Author: /time Magazine | Title: Sorry for All That | 7/21/2002 | See Source »

Like other major studios and distributors, Disney is especially careful these days to try to secure a blanket license from its performers to use their work in current and future technologies. What seems like a blanket license today, though, may be Swiss cheese in 10 years, when an unanticipated new medium--self-generating holography? 3-D lasers?--becomes the rage. The cost of renegotiating so many licenses may cause companies to charge ahead with new uses before they have established exactly what rights they hold. "Sometimes when there is a market opportunity, companies think they have...

Author: /time Magazine | Title: Who Owns Pooh? | 7/15/2002 | See Source »

...Like Blanket Bay and Huka, this lodge, located near Nelson on the north end of the South Island, offers superb accommodations. Each of the six private suites is outfitted with computerized mood lighting and a wet bar. The main lodge features a day spa and a collection of modern sculpture and paintings by New Zealand and American artists. Be sure to visit the neighboring Nelson and Marlborough wine regions, including Neudorf and Cloudy Bay wineries, both of which welcome visitors. Hiking enthusiasts rave about the 30-mile coastal track at nearby Abel Tasman park. Learn more at paratiho.co.nz...

Author: /time Magazine | Title: The Global Life: Home of the Hobbit | 7/1/2002 | See Source »

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