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...JUSEN, however, are only Chapter 1. The official bad debt of the whole Japanese financial system is $349 billion, according to the Ministry of Finance, but the experts say it could be as high as $1 trillion. There is broad agreement that the government will have to spend billions of dollars and banks will need to write off billions more to restore the system to health...

Author: /time Magazine | Title: JAPAN'S TRILLION-DOLLAR HOLE | 4/8/1996 | See Source »

Most combatants in the historical Jesus wars assume that at least one major American religious group is sitting them out. Traditionally, the Evangelical position on the New Testament was: It happened, and that's that. But the anthology Jesus Under Fire, for which Blomberg wrote a chapter, represents academic Evangelicalism's commitment to greater theological engagement and subtlety. He sketches out a position that, at least by its wording, may be easier for many Americans to accept than the statements by some of the topic's higher-profile jousters...

Author: /time Magazine | Title: THE GOSPEL TRUTH? | 4/8/1996 | See Source »

...discovery of the Dead Sea Scrolls? Or is it merely a scholar's overhyped thesis, unsupported by solid evidence? These questions swirl about three tiny fragments of papyrus at Oxford University known collectively as the Magdalen Papyrus. Ragged-edged and dun-colored, they contain snippets of three passages from Chapter 26 of St. Matthew's Gospel in Greek script. For more than 90 years, the papyrus scraps had been housed at the library of Magdalen College, the gift of an obscure British chaplain who bought them at an antiquities market in Luxor, Egypt...

Author: /time Magazine | Title: EYEWITNESSES TO JESUS? | 4/8/1996 | See Source »

...reasons that Harvard is such an interesting place is the plethora of active, vocal student groups on campus. The wide range of student organizations helps undergraduates to appreciate the diversity of their peers. However, one student group persistently avoids becoming visible and influential--the Harvard chapter of the Ku Klux Klan...

Author: NO WRITER ATTRIBUTED | Title: HARVARD.ORG.KKK | 4/6/1996 | See Source »

...describes the latest chapter in the Waleses' war from Diana's viewpoint. Pressured by his exasperated parents, Charles wrote his wife, implying that she was dragging her feet on the divorce that the Queen had urged upon them in December. Diana proposed a meeting at St. James's Palace. The Waleses were for once alone together. Charles' aides wanted a stenographer present but bowed to Diana's request for privacy. After what she claims is an agreement--though not on the financial settlement--she called the Queen and then Atkinson to make the announcement. She claims that Charles had agreed...

Author: /time Magazine | Title: FRACTURED FAIRY TALE | 3/11/1996 | See Source »

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