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...much the same way, Japanese firms face a global imperative. They must expand overseas to maintain growth. There simply aren't enough Japanese to buy their products back home. With domestic car sales slowing, Honda, for instance, just opened a second plant in Thailand so Japan's second largest auto company can double its annual production capacity in the Southeast Asian nation to 240,000 cars. Japanese pharmaceutical firms have also bought up American and Indian rivals. Overall, in the first 10 months of this year, foreign acquisitions by Japanese firms soared nearly fourfold to around $67 billion, according...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...incident of 2004, 87 detainees died while under army transport - most suffocated after being crammed into the backs of trucks. At the same time, insurgents have burned down more than 200 schools and almost 100 Thai teachers, symbols of central authority, have died. On Nov. 5, two car bombs injured over...

Author: /time Magazine | Title: Southern Discomfort | 11/20/2008 | See Source »

...year made a combined $37.4 million - also refused to give up their annual salaries. All the while, the trio, rounded out by Chrysler CEO Robert Nardelli, proclaimed their innocence for the mess their companies are in, laying the blame largely on an unprecedented credit crunch that has helped push car and truck sales to their lowest level in 25 years...

Author: /time Magazine | Title: Congress Sends Detroit Execs Back — With Homework | 11/20/2008 | See Source »

...Toyota HiLux Although I'm sure the American military will disagree, since everybody they ever fight these days turns up in one, it is an extraordinarily well made, tough car. Everything's backed up, simple, easy...

Author: /time Magazine | Title: Five to Drive | 11/19/2008 | See Source »

...seen, as few in Washington have, the particular toll that the broken system has taken on rural America. When I went to South Dakota 15 years ago to do a story on the problem, Daschle drove me around himself, spreading a road map on the front seat of his car and taking me to places where poverty rates were high, people were older and in poor health, and where hospitals, clinics, pharmacies and doctors were disappearing. But they were also places where people had an acute skepticism of anything that came to them packaged as a solution from Washington...

Author: /time Magazine | Title: Daschle Could Be a Boost to Obama's Health-Care Agenda | 11/19/2008 | See Source »

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