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...Kudos to Bernanke for blunting the recession both in the U.S. and around the world. Innovation such as this is the only path out of our current economic slump. Robert Cassidy Warwick...

Author: /time Magazine | Title: Inbox | 1/25/2010 | See Source »

...writers in Best European seem a more adventurous bunch than their American counterparts. They experiment freely with structure and venture more often down the path of metafiction, debating the direction of a story even as their characters are entangled in it. ("The Basilica in Lyon," by Serbian writer David Albahari, is a mesmerizing dream chase along those lines.) Hemon says this is a reflection partly of his own editorial taste but also of the European publishing environment, which doesn't follow the American blockbuster model. "There's a lot of American fiction on the fringes that is very daring...

Author: /time Magazine | Title: From Europe with Love | 1/21/2010 | See Source »

...office now wants to know to what extent Ozawa is mired in the tangled path of how a sum of 400 million yen ($4.4 million) came to be used to buy residential land in western Tokyo in October 2004 to build housing for Ozawa's aides. Rikuzankai, Ozawa's funds-management body, failed to properly report the sum and could be in violation of Japan's Political Fund Control Law for misreporting the funds, not logging the land purchase properly and concealing an illegal donation from the construction company. Ozawa has apologized to the Japanese people for any "misunderstanding...

Author: /time Magazine | Title: New Scandal Hits Japan's Ruling Party | 1/20/2010 | See Source »

...will continue to honor frequent-flyer mileage and tickets. But some analysts wonder if JAL can continue to grow as a business during such a massive restructuring. Yasuhiro Matsumoto, senior analyst at Shinsei Securities in Tokyo, says he's split between whether bankruptcy and ETIC help is the best path for the airline. "It's clear that there's government support, but we don't know the future of JAL's business profile," says Matsumoto...

Author: /time Magazine | Title: Japan Airlines Files for Bankruptcy | 1/19/2010 | See Source »

...story of 2009. As a retired schoolteacher in South Carolina, I have witnessed firsthand how lack of resources and funding can lead to this type of segregation. Although we have certainly come a long way since the 1960s, it is critical that we remember we still have a long path ahead...

Author: /time Magazine | Title: Inbox | 1/18/2010 | See Source »

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