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After weeks of calls by the Japanese government to do something about deflation and the fast appreciating yen, the Bank of Japan held an emergency meeting Tuesday - and decided what the world's second largest economy needs is more money. Central bank governor Masaaki Shirakawa announced steps to step up monetary easing by injecting 10 trillion yen (about $115 billion) into Japan's financial system. Shirakawa told reporters that these steps could be considered "quantitative easing in a broad sense." The eight-member policy board also unanimously voted to maintain the Bank of Japan's key short-term interest rate...

Author: /time Magazine | Title: Why Japan's Latest Attempt to Boost Its Economy Won't Work | 12/1/2009 | See Source »

...them in a scrimmage, and it’s very early on to call, but they do play a fast and physical game, and we have to combat that,” senior forward Doug Rogers said. “Our five-man effort in the D zone has to be better, and we have to make better decisions with the puck. We should be successful against Brown...

Author: By Lauren S. Packard, CONTRIBUTING WRITER | Title: Harvard Looks To Snap Drought | 12/1/2009 | See Source »

...school. Both France and England, for example, have banned vending machines selling junk food on school grounds. But the Spanish proposal goes further than those almost anywhere else in the world when it comes to controlling what goes on outside school hours. In fact, it would dramatically restrict how fast-food restaurants and junk-food companies reach out to their most eager customers...

Author: /time Magazine | Title: In Spain, Taking Some Joy out of the Happy Meal | 12/1/2009 | See Source »

...food choices, since we know that they don't always have the ability to make wise, informed decisions," says Roberto Sabrido, president of the Spanish Food Security and Nutrition Agency, the entity that drafted the proposal under the Health Ministry's direction. "We don't want them eating fast food just to get the toy." (See a special report on the science of appetite...

Author: /time Magazine | Title: In Spain, Taking Some Joy out of the Happy Meal | 12/1/2009 | See Source »

...Sabrido is adamant that the Happy Meal and its ilk pose a risk, pointing to a 2008 study by the U.S. National Bureau of Economic Research that found obesity among American children could be reduced 18% if fast-food advertising was banned. "Many scientific studies have clearly established a connection between advertising content and increased consumption when it comes to children," he says. "And increased consumption leads to obesity." (See the 10 worst fast-food meals...

Author: /time Magazine | Title: In Spain, Taking Some Joy out of the Happy Meal | 12/1/2009 | See Source »

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