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...Japanese believed that workplace success was the top priority. Corporations rewarded employees for their service by applying the seniority wage system and guaranteeing lifetime employment. But the country's economic slump in the '90s destroyed this close-knit corporate culture, undermining the traditional work ethic. Despite signs of Japan's improving economy during the past several years, workers have become suspicious of employers' proposals for bringing back conventional labor policies. Younger salarymen came to value career moves over lifetime employment because they lost trust in their employer, who may very well let them go at any time, regardless of their...

Author: /time Magazine | Title: Inbox | 9/6/2007 | See Source »

...Zealand's time, who else can win? Probably only the big-occasion Australians or the grinding, brutal South Africans, whose ruthless preparations for this Cup signal their determination to lift it. On home soil, the always-stylish French are another possibility. Asia's sole representative, Japan, under former All Black John Kirwan, will try to turn around their lamentable World Cup record (which includes a staggering 145-17 loss to the Blacks in 1995), but victory is impossible...

Author: /time Magazine | Title: The Black Arts | 9/6/2007 | See Source »

...Australia is hosting the Asia-Pacific Economic Cooperation (APEC) forum this week, and Howard, with Bush's approval, has pushed climate change to the top of the agenda. He wants APEC - made up of 21 nations bordering the Pacific, including big carbon emitters like the U.S., China, Russia and Japan - to consider long-term "aspirational goals" on reducing carbon emissions, rather than the binding cuts called for in Kyoto. Such flexibility, he argues, would help bring major developing economies like China - which isn't required to make any cuts under Kyoto - into the conversation on climate change...

Author: /time Magazine | Title: Can the World Improve on Kyoto? | 9/5/2007 | See Source »

...might still prove difficult to implement. For one thing, even by the standards of most international groupings, where hot air outweighs actual action, APEC usually accomplishes little of substance, other than the traditional goofy closing photo of national leaders wearing the native dress of the host country. From rich Japan to impoverished Indonesia, APEC is too large and too varied to easily come to agreement on anything. "I don't think it's realistic to expect there will be any major reductions at APEC because different countries are always coming with different perspectives," says Jamie Metzl, executive vice-president...

Author: /time Magazine | Title: Can the World Improve on Kyoto? | 9/5/2007 | See Source »

...Yongbyon nuclear plant within 60 days of signing what was then billed as a breakthrough agreement. In return, the North would get a variety of economic and diplomatic benefits. After several years of fruitless talks, this seemed like a major diplomatic victory for the Bush Administration and its partners - Japan, South Korea, Russia and China. But Kim delayed moving on Yongbyon until the North got back more than $20 million that had been frozen in a Macau bank account - funds the U.S. believes were tied to the North's various illicit businesses, like narcotics and arms sales. Only after making...

Author: /time Magazine | Title: North Korea's Hard Nuclear Bargain | 9/4/2007 | See Source »

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