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...Weakening loyalty between employer and employee, the growing clout of Tokyo at the expense of outlying areas-these are trends most Japanese are experiencing. But just as the salaryman is far from an endangered species, the gangs aren't likely to disappear. Yukio Yamanouchi, an Osaka-based lawyer who represents Yamaguchi-gumi, says the yakuza "provide the services that Japanese society requires." As long as there's a market, the yakuza will exist. It's just good business...

Author: /time Magazine | Title: Bad Days for Goodfellas | 4/26/2007 | See Source »

...clear field Vietnam's private banks have enjoyed will disappear with the entry of foreign financial giants, which bring lending expertise and deep pockets that are impossible for their in-country rivals to match. Vietnam's largest private bank, Asia Commercial Bank, has total assets of just $2.8 billion, compared with Agribank's $14.6 billion. To compete, private banks are aggressively raising capital by selling shares to Vietnamese and foreign investors. For example, Ho Chi Minh City-based Eastern Asia Bank has built up a $1.35 billion war chest, according to its CEO, Tran Phuong Binh. The bank plans...

Author: /time Magazine | Title: Open Season | 4/19/2007 | See Source »

...display, though not in Buffalo. The buyer of a circa 10th century granite statue of the Hindu god Shiva that went for just over $4 million was the Cleveland Museum of Art, which, unlike the Albright-Knox, already has a substantial Asian collection. But much of the rest will disappear into the possession of dealers and private collectors. In the way of such things, in due time some of it may well make its way back into the public domain. It's the fate of art to circulate. But make no mistake, due time could be quite a while...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

...iconic Apollo image of Earth from space is all it takes to realize that our continuing welfare is a global proposition and each of us is responsible for it. This realization leads to what might be called an "ethic of connectedness." But such an ethic seems to disappear whenever we talk about health care or education or tax policy, and in its place is the endless argument between the "ethic of caring," with its emphasis on collective action (typically the Democratic position), and the "ethic of responsibility," with its emphasis on individual action (typically the Republican position). What distinguishes...

Author: /time Magazine | Title: A Can-Do Nation | 3/29/2007 | See Source »

...House, and so many other trends working against them, including an uptick in the percentage of Americans identifying themselves as Democrats, it's hard to find any good news for Republicans these days. So why, in poll after poll, including the new TIME poll, does that advantage seem to disappear whenever voters are asked to pick a President in hypothetical head-to-head matchups among front-runners with solid name recognition. In our poll, Hillary Clinton loses to John McCain, 42%-48%, and to Rudy Giuliani 41%-50%. Even though Clinton maintains a 7% edge over Obama among Democratic respondents...

Author: /time Magazine | Title: Poll: A Surprising G.O.P. Edge for '08 | 3/29/2007 | See Source »

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