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...Verizon plan works, most of the phone companies in countries including the U.S., much of Europe, and Japan will probably follow with their own super-cheap plans. None of them can afford to lose wired home phones at the rate they are today. The $5 phone may not be as profitable as old landline products, but it is better than nothing...

Author: /time Magazine | Title: The Rise Of The $5 Phone | 2/17/2009 | See Source »

...short-term scenario for Japan," says Curtis. "The economy will get worse. Politics will get worse. That's the cruel reality of Japan today." And that means Aso's support rating can only get worse. "It's too late for Aso to turn it around," Curtis says. "He'll lose a point a week and by early March he'll be down 6% or 7%. He's going to have to quit." If Aso were to quit, he would be the third Japanese prime minister to do so in as many years. (Watch a TIME video from Tokyo...

Author: /time Magazine | Title: Japan's Prime Minister Aso Faces Ugly Economic Truths | 2/16/2009 | See Source »

...Curtis adds that if Aso resigns, the LDP would need to find someone to lead the party into the general election. "But who wants that job now when they know they're going to lose the next election?" Curtis says. "Either way, you have to assume the chances are very good that the LDP will get absolutely blasted in the next election and that the [opposition Democratic Party of Japan] will come to power," he says...

Author: /time Magazine | Title: Japan's Prime Minister Aso Faces Ugly Economic Truths | 2/16/2009 | See Source »

...could also lose political steam at home if Obama doesn't provide him with a convenient U.S. foil for his fiery nationalistic rhetoric, as President George W. Bush so often did. Chávez recently remarked that Obama seemed to have the "same stench" as Bush, but over the weekend said he'd be willing to meet with the new U.S. leader before the Summit of the Americas in April in Trinidad. Obama has already invited Brazilian President Luiz Inacio Lula da Silva to the White House next month, a sign that he'd prefer to deal with a more...

Author: /time Magazine | Title: What Chávez Win Means for Latin American Democracy | 2/16/2009 | See Source »

...battle over how to count people only makes sense when you look at what is at stake. The redistricting of local districts and reapportionment of congressional seats is based on census counts - a state could gain or lose seats based on its population, and shifts within a state determine plans for redrawing political boundaries. The redistricting that took place in Texas at Tom DeLay's urging following the 2000 census - which swung six congressional seats to the GOP - is just one example of how dramatically political fortunes can shift based on the use of those crucial numbers...

Author: /time Magazine | Title: Why the 2010 Census Stirs Up Partisan Politics | 2/15/2009 | See Source »

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