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When Natasha Steele arrived in Japan from her native Australia earlier this year, the 26-year-old was looking forward to immersing herself in a foreign culture while preparing for a teaching career back home. She had joined Nova, Japan's largest chain of English-language schools, through its Sydney recruiting office, and was enjoying teaching her class full of rowdy kids. But in one of Japan's highest-profile corporate collapses in years, Nova announced on Oct. 26 that it would shutter its classrooms, locking out some 300,000 students and leaving 4,000 foreign teachers jobless, threatened with...

Author: /time Magazine | Title: Class Struggle | 11/8/2007 | See Source »

...Nova, started by CEO Nozomu Sahashi in 1981, grew into a publicly listed chain with over 900 locations at its peak, dominating Japan's $1.7 billion foreign-language-education industry through discount lesson offers and a sassy, ubiquitous ad campaign. In 2006, as many as two-thirds of Japan's foreign-language students were enrolled at Nova. But things started to unravel for the company in April, after the Supreme Court ruled that its prepaid tuition scheme, under which students bought thousands of dollars in lessons up front and received only partial refunds in the event of cancellations, was illegal...

Author: /time Magazine | Title: Class Struggle | 11/8/2007 | See Source »

...Olympic experience made an appearance this weekend at Bright: senior defenseman Caitlin Cahow and junior forward Sarah Vaillancourt of the Crimson, and Canadian goalie Charline Labonte on the McGill side. For Harvard, Quebec native Vaillancourt registered a pair of three-point games against the Montreal-based Martlets, while native Nova Scotian Jenny Brine added an assist on Friday and a goal on Saturday. Labonte shined for McGill, as the accomplished netminder made things difficult for the Crimson with a 36-save performance on Friday and a 30-save outing on Saturday. “Anytime that you can play against...

Author: By Rebecca A. Compton, CRIMSON STAFF WRITER | Title: NOTEBOOK: Women's Hockey Peppers, Beats Accomplished Goalie | 10/21/2007 | See Source »

...first I thought I'd pick a huge plate of ribs, my favorite food, followed by a piece of chocolate cake. But then I realized what I truly want is an unimpressive bagel smeared with a bit of cream cheese and piled high with Nova Scotia salmon. You really can't change...

Author: /time Magazine | Title: You Eat What You Are | 10/18/2007 | See Source »

...wealth in a country that has never known it. But the gains are not evenly spread. In downtown Luanda today, it's clear Angola's new rich are doing well. In April, the $35 million Belas Shopping Center - the country's first mall - opened in a new suburb called Nova Vida. There, in a store called Tapazio, they can shop for such baubles as silver-plated ashtrays and a $7,000 candelabra. Yet 70% of Angolans still live below the country's poverty line. Cholera and malaria are rife, and child mortality rates are among the worst in the world...

Author: /time Magazine | Title: Africa's Oil Dreams | 5/31/2007 | See Source »

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