Word: japanization
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Dates: during 1990-1999
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...pens deserve a bad reputation. They tend to resemble Hello-Kitty Japan-i-junk and the ink they issue--pink, yellow, light purple--is legible only in partnership with dark paper. But now, thanks to the Stanford company--inventors of the incredible, indelible Sharpie--gel pens have found their redeemer. The uni-ball Gel Impact 1.0mm ($2.49) gushes ink like a rollerball without bleeding through the page. A blue or black fountain-like line without all the pretension or nib sucking, imagine that! The Gel Impact has sent shockwaves through the pen design community with its ultra-modern silver...
Remember the China syndrome? Hardly anyone does, because nuclear meltdown is no longer a major fear in the U.S. But Japan Thursday faced the worst nuclear emergency in its history, after an accident at a fuel processing plant put 14 people in the hospital and forced mass evacuations. Officials said that a nuclear reaction may still be continuing inside the Tokaimura fuel processing plant, which was evacuated after workers saw blue flames rising above a batch of fuel and complained of nausea. Radiation levels 15,000 times higher than normal were reported around the plant, the site of Japan...
...incidents that might spark a national panic in the U.S. are unlikely to alter Japan?s pattern of energy use. "The U.S. nuclear industry basically self-destructed under political and economic pressure because it couldn?t run plants safely enough to satisfy the public," says TIME science editor Philip Elmer-DeWitt. "But Japan is unlikely to change course because they?re economically dependent on nuclear power. Generally they?ve made it work for them, but nuclear fuel is dangerous and the price of using it is that there will be accidents every now and again." But a government that plans...
...three kept in touch through e-mails and conference calls, and casually bandied around ideas for an Internet business. Then, after spending New Year's together in Japan, they decided to make their move. In mid-August, Thomas drove his Porsche to his office and handed over the keys. Two hours later, he was on a plane bound for San Francisco. Luis left behind most of his family and a new fiance. "The only thing that bothered me was that my grandparents are old," he says. "I wondered whether that might be my last goodbye...
...aberration, either - the breeze of prosperity is simply blowing offshore for a while. "If you look at the chart, the U.S. stock market hasn?t really done much since April," says Baumohl. "Investors here are looking at the beginnings of a recovery in Asia and Japan, and suddenly they feel very overweighted in dollar assets." That means dollars and U.S. equities are getting dumped for yen and Japanese ones. If it keeps up, the Dow could easily dip below that vaunted 10,000 sometime this fall, but Baumohl doesn?t see the end of the U.S.? recent golden...