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With the yen so strong against the dollar, Japanese investors have been snapping up prime pieces of U.S. real estate from Honolulu to Manhattan. None of these acquisitors is quite like 36-year-old Ikuo Hiyakuta. He gobbles up entire city blocks like so much cardboard. Then he builds row upon row of houses and hotels until his rivals are driven into bankruptcy...

Author: /time Magazine | Title: REAL ESTATE: The Baron Of Boardwalk | 10/31/1988 | See Source »

Yousef Yagoub, 30, a tomato farmer and father of four, sleeps on a dirty piece of cardboard, the muddy waters of the Nile slapping menacingly near his feet. Before the floods, he and his family lived in a flimsy hut made of tree branches. Now only the roof is left, barely poking above the water about 50 yards offshore. "Life," he says, "is too difficult...

Author: /time Magazine | Title: Sudan Drowning in a River of Woe | 10/3/1988 | See Source »

...Republicans consider themselves the entrepreneur's greatest patrons, but they failed to patronize one entrepreneur in the Superdome shopping arcade. Renee Donwen had a concession selling photographs of customers posing with life-size cardboard cutouts of Bush and Reagan...

Author: /time Magazine | Title: The Republicans: A Big Time in the Big Easy | 8/29/1988 | See Source »

...life, from 1947 to 1986, Folkways Records was a crazy quilt of Americana, a general store with a deep inventory of oddity, inspiration and wonder. The records sounded as if they had been made out in a field, as indeed they sometimes were. All done up in a sturdy cardboard sleeve, they even felt different. But in the midst of all this homespun, Folkways achieved what other companies bring off by accident: it got history on record...

Author: /time Magazine | Title: Music: When Folk and Rock Get Together | 8/29/1988 | See Source »

...product is peat, the decayed moss that the Irish have traditionally harvested from the bottom of bogs and burned for heat and in cooking. The Irish Turf Board said last week that sometime this fall it aims to start selling briquettes of the material -- packed in shamrock-adorned cardboard boxes containing twelve lbs. each -- in U.S. supermarkets. Ireland's peat harvesters hope the carton of sod will be a popular souvenir item among the 44 million Americans of Irish descent. John Foley, the Turf Board's marketing manager, envisions Americans burning peat on Christmas and St. Patrick's Day. Says...

Author: /time Magazine | Title: TRADE: The Old Sod In a 12-Lb. Box | 8/22/1988 | See Source »

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