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Dates: during 2000-2009
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...Cherish Old Allies (and Cultivate New Ones) It's no small matter that China, and not the U.S., is now Japan's largest trading partner. If overleveraged America really is destined to be mired in a postconsumerist funk for the foreseeable future, Japan needs to redouble its efforts to strengthen trade and diplomatic ties with its neighbors - not only to counteract China's growing influence in Asia, but also to grab a greater share of fast-growing Asian markets. "Japan can benefit from high Asian growth rates even with low domestic demand," says JPMorgan's Kanno. Closer relationships with Asian...

Author: /time Magazine | Title: A Sea Change in Japanese Politics | 9/14/2009 | See Source »

...that their jobs could hinge on a set of standardized-test results is anathema, in part because many teachers believe the tests are unreliable indicators of student performance. "Our disappointment is clear," says Kay Brilliant, director of education policy and practice for the National Educators Association, the nation's largest teachers' union. "If it's going to be more of the same, more NCLB [No Child Left Behind], more testing and minimal support, then we're not interested." Duncan admits he is tackling the Everest of entrenched interests with this particular reform. "It's pretty controversial," he says...

Author: /time Magazine | Title: Can Arne Duncan (And $5 Billion) Fix America's Schools? | 9/14/2009 | See Source »

...York Cheating the Poorest Low-income workers regularly earn less than minimum wage and are often denied proper overtime pay, according to one of the largest recent studies of wage-law violations. Interviews with nearly 4,400 people in sectors such as retail and child care found that on average, workers did not receive 15% of their rightful pay. Employees injured on the job also reported widespread pressure not to file for workers' compensation...

Author: /time Magazine | Title: The World | 9/14/2009 | See Source »

Perry doesn't need outside directors, writers or big-name co-stars; he can do box office all by himself. Made on the cheap at his studio in Atlanta, his raucous, down-home, Christian-tinged comedy-dramas bring out imposing masses of African Americans - the largest niche audience in the country. This was his third highest opening weekend, behind two movies that featured his tart-talking drag grandma in the title: Madea's Family Reunion and Madea Goes to Jail, which respectively grossed $63.3 million and $90.5 million. By doing the Lord's work with a touch of sass, Perry...

Author: /time Magazine | Title: Box-Office Weekend: Tyler Perry's Bad Does Good | 9/13/2009 | See Source »

...problems have been exacerbated by the global consolidation of the security industry. In 2008, ArmorGroup was bought by G4S, the largest security company in the world. G4S also bought ArmorGroup's rival, Wackenhut, which now runs ArmorGroup in the new conglomerate. Before they found themselves under the same big tent, Wackenhut and ArmorGroup had competed for the U.S. embassy contract, which ArmorGroup won with a substantially lower bid. Now, Wackenhut has found itself managing the Kabul embassy contract anyway. In June, Wackenhut vice president Samuel Brinkley admitted to Congress, "We feel we can safely say that adequate guard services...

Author: /time Magazine | Title: Afghan Embassy Scandal's Link to Cost-Cutting Security | 9/11/2009 | See Source »

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