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...Japan's charm offensive is taking shape on several fronts. Cash-flush Japanese banks, which have only just emerged from their own decade-long debt crisis, are infusing money into distressed companies such as Morgan Stanley. Japan Inc. is going on another of its famous investment sprees abroad, opening factories and representative offices across Africa and Asia. In October, the country's central bank even offered part of its nearly $1 trillion in reserves to financially strapped nations like Iceland. In November, Japan also expressed willingness to lend up to $100 billion to the International Monetary Fund...

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

...Although he has barely had time to articulate his leadership priorities, Aso appears committed to burnishing Japan's global influence. Over the past decade, the nation's foreign-aid budget has nosedived. In the early 1990s, flush with cash from its long boom, Japan was the world's largest donor. Now, it's fifth. Aso might reverse the trend. In August, Japan's Foreign Ministry requested a 13.6% increase in next year's foreign-aid budget. In October, Aso made headlines when he signed off on a record $4.5 billion loan to India. That commitment followed on the heels...

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

...fabulous riches in the ground, 
 Russia remains a kind of Third World country, an extraction economy whose welfare and clout fluctuate with the price of oil. Today, oil fetches less than one-half of what it did when Russia, flush with cash and cockiness, invaded Georgia. Its stock market has crashed more heavily than any other - by more than...

Author: /time Magazine | Title: The Russia Problem | 11/20/2008 | See Source »

...Clarkson is key to Top Gear 's on-air attitude, but he and Wilman are also crucial when it comes to squeezing cash out of the brand. The men work closely with Global Brands, the BBC Worldwide unit set up last year to exploit some of the broadcaster's most marketable shows. Merchandising spin-offs - from Top Gear-branded cakes to video games - need the pair's approval long before the goodies hit store shelves. And rather than pay Clarkson and Wilman out of the cash that comes from TV licenses, BBC Worldwide last year took a stake in Bedder...

Author: /time Magazine | Title: Top Gear's Road to Riches | 11/19/2008 | See Source »

...manned by 3,200 sailors, not including the 2,500 responsible for flying and maintaining its aircraft.) "So once they have access," Mullen added, "they seem to be able to get on and take over." The pirates generally don't kill or take the cargo; they just want cash...

Author: /time Magazine | Title: Defending Against the Pirates | 11/19/2008 | See Source »

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