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Word: japanism (lookup in dictionary) (lookup stats)
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...ersatz indie drove out the previously dominant alternative to Hollywood: the foreign film. Fellini and Truffaut are dead, but there are still exciting, challenging movies being made in Europe, Latin America and especially Asia. Some of these films get theatrical release, but to see many top films from Japan, South Korea, China, Thailand and India you need to rent them. A good video store or a specialty DVD catalog is the new art house. Trying to get your intellectual fill with Sundance films is like choosing homemade popcorn over the concession-stand variety: higher quality, little nourishment...

Author: /time Magazine | Title: The Trouble With Sundance | 1/22/2007 | See Source »

...industrialized-world triad of the U.S., Japan and Western Europe no longer dominates to the degree it once did. China is close to snatching the No. 3 slot on the list of world's biggest economies away from Germany, and India and South Korea are set to join the top 10 within a decade. India's GDP has expanded by $350 billion in the past six years--equal to the entire economy of the Netherlands in 2000. Once moribund countries such as Argentina and Russia are doing much of the heavy lifting today. According to the World Bank, developing nations...

Author: /time Magazine | Title: The Global Question: Who Needs the U.S.? | 1/19/2007 | See Source »

...economy, and abroad. Perhaps most surprising, American consumers are continuing to spend, regardless: automobile purchases are sluggish, but retail sales rose by a higher-than-forecast 0.9% in December. "I'm not prepared to bet against the American consumer. That's a highly dangerous proposition," says Jesper Koll, chief Japan economist for Merrill Lynch...

Author: /time Magazine | Title: The Global Question: Who Needs the U.S.? | 1/19/2007 | See Source »

...less dependent on exports to the U.S. to power the economy. Today only 16.5% of Asia's exports are sold in the U.S., down from 25.5% in 1993. Yet there are significant regional differences. Jonathan Anderson, chief economist for Asia at Swiss bank UBS, says Singapore, Malaysia and Japan remain more vulnerable if tapped-out Americans start to shop less, given that their own domestic spending is relatively weak; by contrast, China's consumption is rising steadily...

Author: /time Magazine | Title: The Global Question: Who Needs the U.S.? | 1/19/2007 | See Source »

...Leibinger-Kammüller, the boss at Trumpf, certainly hopes so. Trumpf's continued strong sales growth is in large part the fruits of a geographical diversification: it established a subsidiary in the U.S. as long ago as 1969 and opened an office in Japan eight years later. It's currently investing in facilities in the Czech Republic, Mexico and South Korea. "Our main competition used to be in the U.S., but it has disappeared there, and now it's Japan," Leibinger-Kammüller says...

Author: /time Magazine | Title: The Global Question: Who Needs the U.S.? | 1/19/2007 | See Source »

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