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...Then came the long economic languishing of the 1990s, and the effective end of lifetime employment. Today, Japan still suffers a hangover from that difficult decade. The economy expanded by only 1% in the first quarter of this year, business confidence among top manufacturers hit a near five-year low in June, and the R word is being increasingly whispered. Compounding the nation's angst is the sense that it is being overtaken by ancient rival China. Yet one unexpected side benefit has been a flowering of artisanal culture, the antithesis of the monolithic companies that had come to symbolize...

Author: /time Magazine | Title: Japan's New Groove | 8/14/2008 | See Source »

...from Turner Construction—the company responsible for building Harvard's 589,000-square-foot science complex—caused a leak while relining a 300-foot portion of the century-old, brick-lined sewer pipe that runs along Western Avenue. Around 4 a.m., construction crews were pumping near-boiling water into the pipe to set the lining, when visible plumes of styrene-contaminated wator vapor started to shoot out of a manhole near Seattle Street. "We did not anticipate that we would have this issue when we released the water down the sewer line," Philip Coleman, the Turner...

Author: By Laura A. Moore, CRIMSON STAFF WRITER | Title: Toxic Release Prompts Allston Residents To Question Risks of Harvard Construction | 8/13/2008 | See Source »

This is silly enough when candidates are attacked for their wealth or supposedly élitist habits; it's hard to see how McCain's multiple mansions or $500 shoes detract from his economic plans, and just about impossible to see how Obama's decision to vacation near his grandmother in Hawaii undercuts his claim to economic leadership. But ever since the wealthy Whig William Henry Harrison's brilliant "log cabin and hard cider" campaign, candidates have tried to strike an Everyman pose, and missteps that have made them look "out of touch" - like George H.W. Bush checking his watch during...

Author: /time Magazine | Title: Why Can't Candidates Be Celebrities? | 8/13/2008 | See Source »

...Tbilisi, Georgians, who experienced near civil war between factions in the early 1990s, "want to remain united," says the banker Amaglobeli. "They all put the blame on Russia. A lot of people are not supporting the government, but they are united in one idea: that we have to fight for our freedom and independence...

Author: /time Magazine | Title: On Scene: Georgia's Ravaged Capital | 8/12/2008 | See Source »

...Mazdok, a city in North Ossetia. "Probably we will go to Tskhinvali. There is a group of 50 of us that are prepared to serve right now." Kuchiev has amber eyes and a calm but intense demeanor. He served his two years in the Russian army at a base near Moscow. Now he is unemployed; he is wearing a bright red shirt and pointy black shoes. "I want to go to Tskhinvali. The Georgians shot small children there. I want to go kill Georgians...

Author: /time Magazine | Title: Volunteering to Kill Georgians | 8/11/2008 | See Source »

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