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...volcanoes. In seismology, the Japanese are aggressively looking for early warning signals in their tremulous terrain. Though initially dependent on help from NASA, Japan's space agency is now launching satellites with its own rockets, and will attempt to intercept Halley's comet when that celestial object races around the sun in 1986; similar U.S. plans have been dropped. Even in fields where they are clearly behind, such as genetic engineering and cell biology, important to their national goal of finding a cancer cure, the Japanese have organized an effort to catch up with the West...

Author: /time Magazine | Title: Science: Closing the Gap with the West | 8/1/1983 | See Source »

Japan have helped to keep the sword sheathed. The 1942 Conciliation of Personal Affairs Act, for instance, outlines the philosophy in language that would irritate most American jurists. The main object, it states, lies in reaching a solution "based upon sound morals and with a warm heart." Such beliefs have been combined with borrowings from both the German and French legal systems. Like the European models, Japan's civil law puts less stress on judicial precedent than there is in the U.S., and it is used less frequently to resolve disputes and create rules of conduct...

Author: /time Magazine | Title: Law: Land Without Lawyers | 8/1/1983 | See Source »

Such promises, however, do not satisfy all of Hong Kong's residents. In a paper presented during a trip to Peking in mid-May, twelve leading young professionals and businessmen insisted that "the suggested self-administration solution cannot achieve the avowed object of maintaining Hong Kong's prosperity and stability. There is no such precedent that we know of where a dependent territory of a socialist country has practiced capitalism in isolation and managed to retain its prosperity...

Author: /time Magazine | Title: Hong Kong: Looking Ahead to 1997 | 7/25/1983 | See Source »

...cameras rolled beneath the television lights, and nearly 200 standing onlookers strained to get a view. The object of all the attention was towering (6ft. 7½-in.) Paul Volcker, who was discussing the outlook for money growth and interest rates before a congressional committee that held hearings on his reappointment as Federal Reserve Board chairman. The rumpled, cigar-puffing Volcker has become the staid financial community's first superstar. So great was the interest in his remarks that the 3½-hour session had to be moved from the Senate Banking Committee Hearing Room to the cavernous Caucus...

Author: /time Magazine | Title: Paul Volcker Superstar | 7/25/1983 | See Source »

...would take a strong character to reject it," conceded George McGovern, whose 1972 Democratic presidential campaign was the object of a few Watergate dirty tricks. "I'm not going to say what I would have done. I will say that I hope I would have said 'No-we don't resort to that stuff around here. Send it back.' But I don't know...

Author: /time Magazine | Title: Living in Glass Houses | 7/11/1983 | See Source »

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