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...Japan's central bank has dismissed the possibility the country could enter a deflationary death spiral. On Friday, the Bank of Japan upgraded its outlook for the Japanese economy and left interest rates at 0.1%. "The BOJ doesn't want to take any aggressive policy measures because it doesn't think the status quo is so harmful," says Kanno of JPMorgan Securities. (Read "Japan's Government: Five Ways to Fix the Economy...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

...Arizona. Until then, he recalls, comedy was “always something I was curious about, but I didn’t know you could make a living from it.” He has since become a comedic sensation, now a familiar face and voice on MadTV, Comedy Central, and Family Guy. Francisco attributes his popularity—which has garnered him recognition in even London, Amsterdam, and Sweden—to Internet exposure; clips of his sketches, which can easily be found on YouTube and other popular video sites, gather millions of views. “The Internet...

Author: By Yair Rosenberg, CONTRIBUTING WRITER | Title: Making an Impression: Francisco Creates Comedy | 11/20/2009 | See Source »

Even if Foer’s conception of himself as a concerned citizen rather than a journalist is silly and pedantic, it is a necessary one in the context that he provides. The decision to eat meat is central, though perhaps more banal, in a way that other moral dilemmas are not. As Foer notes, culture is expressed in eating practices, and to change what we eat is to fundamentally change our identity. But change can also mean progress, and although diehard carnivores looking for reasons not to give up meat will find holes in Foer’s argument...

Author: By Abigail B. Lind, CONTRIBUTING WRITER | Title: A Silent Suffering of ‘Animals’ | 11/20/2009 | See Source »

...Naxalite rebels, whose leaders claim to follow Maoist doctrine on armed people's struggle, have been waging a guerilla war against the Indian government since their first uprising in the West Bengal village of Naxalbari in 1967. For over three decades a phlegmatic response from central and state security organs did little to prevent the then isolated Naxal insurgency from foraying into underdeveloped forest and jungle regions in central and eastern India where it gained support of impoverished tribal groups and villagers. By 2001, some Naxalites had gained sway over 51 districts, and with the state response mechanism to their...

Author: /time Magazine | Title: India Steps Up Its Fight Against Naxalites | 11/20/2009 | See Source »

...convinced that states, if left to their own devices, will be able to reassert state authority over Naxal-dominated territories anytime soon. That's why this month, tens of thousands of paramilitary and border security forces were withdrawn from other regions and deployed in rebel districts in northern and central India. "Our newest strategy is to win complete control over small areas under Maoist influence, hold them, and not withdraw forces until development in the area is well under way," says director general of police Vishwa Ranjan. "We will repeat this pattern in other areas, a few at a time...

Author: /time Magazine | Title: India Steps Up Its Fight Against Naxalites | 11/20/2009 | See Source »

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