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...last month, from $4.03 billion in May, it was not because of the strenuous efforts by the Reagan Administration to reduce the American trade deficit. Nor were Americans buying fewer Japanese cars, cameras or VCRs nor consumers in Japan importing more U.S. goods. It was all because of the Emperor...

Author: /time Magazine | Title: Commerce: The Emperor's New Coins | 7/21/1986 | See Source »

...drop in the surplus resulted from Japanese imports during June of $1.33 billion worth of gold, most of it American. The Japanese plan to use the gold to mint special commemorative coins to celebrate the 60th year of Emperor Hirohito's reign. Without those onetime gold sales, America's deficit with Japan would have been about $4.5 billion, a new monthly record...

Author: /time Magazine | Title: Commerce: The Emperor's New Coins | 7/21/1986 | See Source »

...brusque mark of approval, are scrawled in the corners of a few of the best paintings of our century. They belonged to Oskar Kokoschka (1886-1980), the visionary Austrian painter whose career spanned seven decades and not a few places of exile. Born in the world of the Emperor Franz Josef, he died in that of Reagan and Thatcher, just before the expressionist revival of the '80s took hold. Recent years have seen major shows of such expressionist masters as Ludwig Kirchner and Max Beckmann, and now the 100th anniversary of O.K.'s birth is marked by a retrospective...

Author: /time Magazine | Title: Art: In London, A Visionary Maestro | 7/21/1986 | See Source »

Last month an elegant music store on Omotesando, Tokyo's Fifth Avenue, devoted most of its window space to a formal wedding tableau of Minnie and Mickey Mouse. Wise move. After all, Emperor Hirohito has been spotted in a Mickey Mouse wristwatch, and for 21 years the Mitsubishi Bank has treated new customers to Mickey towels, tissue paper and toothpaste, even Mickey piggy banks. Lately, the round-eared rodent has been challenged across the globe by snappy, snippy Snoopy and indolent, insolent Garfield. But the animated 58- year-old is still reigning over cats and dogs...

Author: /time Magazine | Title: Celebrities Who Travel Well | 6/16/1986 | See Source »

...have made no secret of their desire to promote him for another term as Prime Minister. Their hopes were buoyed by the Prime Minister's uncommon popularity and out-front style. Over the past month, besides serving as host to the Tokyo summit, Nakasone has presided over ceremonies marking Emperor Hirohito's 60th year on the throne, and feted the Prince and Princess of Wales during their six-day visit to Japan. A new poll released last week by the Tokyo daily Yomiuri Shimbun showed support for the Prime Minister at a robust...

Author: /time Magazine | Title: Japan Tight Spot | 6/2/1986 | See Source »

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