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Word: japanized (lookup in dictionary) (lookup stats)
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...Kotaro Koizumi definitely bucked the family trend when he decided not to follow his father, grandfather and great-grandfather into politics. The son of Junichiro Koizumi, who resigned as Japan's PM in September 2006, Koizumi Jr. is a successful TV actor. His endorsement fee for a low-calorie beer advertisement was rumored to have eclipsed his father's wage...

Author: /time Magazine | Title: Premier Attractions | 3/7/2007 | See Source »

...arrival of Daylight Saving Time? Be thankful you weren't screaming across the Pacific Ocean in the U.S. Air Force's newest jet, the $330-million F-22 Raptor. Six of the jets - that's $2 billion worth of air power - had taken off from Hawaii en route to Japan when several of their computer systems went haywire and literally could not tell what...

Author: /time Magazine | Title: A $330 Million Case of Jet Lag | 3/7/2007 | See Source »

...amount the U.S. spends on defense, of course, dwarfs that sum. The Pentagon will get a projected $620 billion in 2008. Even Japan spends considerably more than China. And most defense planners in the U.S. still believe the primary strategic objective for China's defense spending is to deter the U.S. from intervening in any crisis over Taiwan...

Author: /time Magazine | Title: Is China's Military a Threat? | 3/5/2007 | See Source »

...That labor flexibility helped companies make vital cost cuts, and today Japanese corporations are earning record profits while the economy as a whole is in the longest period of sustained growth since World War II. Despite the recovery, however, wages in Japan have remained stagnant. All those companies that cut payroll during the recession years have been slow to add full-time jobs, working their remaining salarymen until they drop and hiring increasing numbers of part-timers to fill...

Author: /time Magazine | Title: The Indignity of the Temp | 3/2/2007 | See Source »

...Done right, the new labor flexibility could have been a boon for Japanese workers as well as companies. While lifetime corporate employment might be secure - especially compared to the unstable lot of workers in the U.S. - in practice it can feel like a straitjacket. Employees in Japan are often still paid by seniority, not by performance, and switching companies in mid-career can mean career suicide. Part-timers have the potential to pick their jobs, be rewarded for skills rather than seniority and be spared the 90-hour workweeks that drive many salarymen to an early grave. In Haken, Haruko...

Author: /time Magazine | Title: The Indignity of the Temp | 3/2/2007 | See Source »

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