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...Domestically, the rate rise would be a tiny boon for Japanese savers?the BOJ says a decade of ultra-low interest rates has cost households $1.3 billion in interest income. But the cost of loans for housing and credit cards would inch up, and stocks traditionally suffer when rates rise. Still, after so many years trapped in an economic twilight zone, the Japanese may find such worries almost a pleasure to contemplate. As Tatsushi Shikano, a senior economist at Mitsubishi UFJ Research and Consulting, says: "It's a sign that things are going back to normal...

Author: /time Magazine | Title: Japan Takes Flight | 7/10/2006 | See Source »

...other models, whose diamond belly button studs and henna tattoos are exposed between outfit changes, she shows no interest in donning the hijab herself - except when professional duty calls, of course. "I love revealing clothes," she explains, before squeezing back into her own tight jeans, skimpy top and 2-inch heels. As she struts outside to hail a taxi, her short brown hair blows free in the wind, marking her as a member of Egypt's shrinking, unveiled minority...

Author: /time Magazine | Title: The Return of the Veil | 7/6/2006 | See Source »

...NASA knows it may never be able to completely keep every inch of the shuttle fuel tank's polyurethene foam intact during takeoffs. In this flight, the foam cracked and dislodged before liftoff, all after NASA decided to eliminate 37 pounds of it in a new tank coverage design before Discovery was rolled out to the launchpad. It was a move Hale called the "largest aerodynamic change that we have made to the space shuttle since it first flew...

Author: /time Magazine | Title: The Shuttle Soap Opera: Only 17 More to Go | 7/5/2006 | See Source »

...Bugs aside, the dude-friendly movies ranging from sci-fi fantasies like Ultraviolet and Underworld: Evolution to big brooders like Crash and Lord of War (plus Hitch, for some reason) looked smooth and flawless on my 42-inch plasma TV, and captured an even more cinematic brilliance on Samsung's 50-inch DLP TV. The DLP has a screen resolution of 1920 x 1080 (known in the biz as 1080p), not accidentally the same resolution as Blu-ray disc content itself...

Author: /time Magazine | Title: Samsung BD-P1000 Blu-ray Disc Player | 6/28/2006 | See Source »

...Within 5 minutes, the 6-foot-8-inch giant stork who plays striker for the Czechs, Jan Koller, beat two U.S. defenders to a cross and put the Czechs ahead 1-0. It was the beginning of a long night. Koller was one of three Czech players the U.S. had to contain, the others being Pavel Nedved and Tomas Rosicky, the twin engines of the midfield. They went 0-for-3 on that account...

Author: /time Magazine | Title: World Cup: The U.S. Learns How (Not) to Play — the Hard Way | 6/12/2006 | See Source »

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