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...remote and charisma-challenged lawmaker who has never held high office is poised to become Japan's new leader later this month. Yukio Hatoyama, 62, is head of the Democratic Party of Japan (DPJ), a broad coalition that on Aug. 31 won a commanding victory over the ruling Liberal Democratic Party (LDP), which had governed the nation almost continuously since 1955. The DPJ has pledged to revive Japan's sagging economy and strengthen ties with Asian neighbors, signaling a potential weakening of the close military and economic relationship with the U.S. A Stanford-trained engineer, Hatoyama was born into...

Author: /time Magazine | Title: Yukio Hatoyama, Japan's Next Leader | 9/3/2009 | See Source »

...good a man” President Bush was. That positive opinion extends to the nation as a whole: A 2008 Pew Research Survey found that 66 percent of Indians hold a favorable view of the United States, a statistic significantly higher than in almost any other country, including Japan (50 percent), Spain (33 percent), and Turkey (12 percent). Indians admire American leaders that reach out to them and treat them as equal partners, as President Kennedy did when he remarked that Indian independence leaders shared “the great aspirations of people all over the world?...

Author: By Ravi N. Mulani | Title: A Strong Bond | 9/2/2009 | See Source »

...With a birth rate hovering around 1.3 and with nearly half of Japan's population of 95 million expected to be over age 60 by 2050, Japan is the most rapidly aging country in the world. Its demographics have traditionally been seen as a liability and a drag on productivity. But it could be a ripe opportunity for the domestic economy. The health-care-service industry is growing, and the technologies developed to handle the aging population will be of use to other industrialized nations when their time comes. Liberalization of growing sectors such as nursing and medical care would...

Author: /time Magazine | Title: Japan's Government: Five Ways to Fix the Economy | 9/1/2009 | See Source »

...Read "The New Activism of Japan's Youth...

Author: /time Magazine | Title: Japan's Government: Five Ways to Fix the Economy | 9/1/2009 | See Source »

...world's third largest economy. The jitters in Asia and the rest of the world are rooted in the fear that China will not be able to help pull the global economy from recession, a big blow to recovery hopes given the inability of the U.S., Europe and Japan to play that role at this time...

Author: /time Magazine | Title: Why China's Stock Market Bubble Is Fizzling | 9/1/2009 | See Source »

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