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...what the world's second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate at 0.1%. Doubts, however, remain about what the boost to liquidity will actually achieve...

Author: /time Magazine | Title: Why Japan's Latest Attempt to Boost Its Economy Won't Work | 12/1/2009 | See Source »

...brain replays certain experiences from the day, which, in turn, strengthens the memory of what happened. It is thought that when it comes to factual memories, like names, faces, numbers or locations, memory consolidation happens only during deep sleep - a phase of non-rapid eye movement sleep. (The other broad type of sleep, called rapid eye movement or REM sleep, which is when dreaming occurs, is believed to play a role in consolidating memories involving emotions and motor skills, such as dancing or playing an instrument...

Author: /time Magazine | Title: Want to Boost Your Memory? Try Sleeping on It | 11/30/2009 | See Source »

...Despite Russian and Chinese support for censuring Iran at the IAEA, they're not expected to back explicit, broad sanctions targeting elements of the Iranian economic or defense establishments beyond those directly involved in the nuclear program. The Administration's effort at the U.N. is focused on getting language included in a resolution that will give cover to countries willing to take sanctions further by targeting the Iranian power structure to raise the cost of its continued defiance...

Author: /time Magazine | Title: Obama Tries to Increase the Pressure on Iran | 11/30/2009 | See Source »

...Last week's moves, part of a broad effort to quell dissent following June's disputed election, also included a reported assault on Ebadi's husband and other threats against close relatives. "In the past, there were red lines people believed the regime would never cross, but no red lines really exist anymore," says Karim Sadjadpour, an analyst at the Carnegie Endowment for International Peace. "What is to be gained from confiscating Shirin Ebadi's Nobel Prize or assaulting her husband? It's almost as if Iran is trying to parody a gratuitously cruel, dictatorial regime...

Author: /time Magazine | Title: Why Iran Is Targeting Nobel Winner Ebadi | 11/30/2009 | See Source »

...immediate aftermath of mass protest rallies were measured. She has not aligned herself with the opposition movement's leaders and has been careful not to insert herself into the most significant schism in the regime since the 1979 revolution. Many Iranians eager for a respected leader to head a broad-based opposition have faulted Ebadi's reticence. (See pictures of Iran's presidential election and its turbulent aftermath...

Author: /time Magazine | Title: Why Iran Is Targeting Nobel Winner Ebadi | 11/30/2009 | See Source »

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