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...Sasaki argues that, compared with a period in the mid-1990s when the yen hit a postwar peak against the dollar, today's negative impact on the Japanese economy is "not that large." That's because the U.S. over the past decade has seen higher inflation than Japan, where prices have been relatively flat for many years. To have the same effect as the peak in 1995 - when the exchange rate reached 79.75 yen to the dollar - Japan's currency would have to soar to 48 to the dollar, he says. "If we think about the inflation-rate differentials...

Author: /time Magazine | Title: Why the Yen Is Killing Japan Inc. | 1/7/2009 | See Source »

...says. "It goes up and down. You don't try to get rid of it, but accept it and let it pass." People tend to think that urges will escalate infinitely if they don't yield to them - but in fact, like a wave, they rise to a peak and then fall. That is, even if you don't give in, the urge dissipates...

Author: /time Magazine | Title: Why Falling Off the Wagon Isn't Fatal | 12/30/2008 | See Source »

...that relate directly to U.S. troop presence - meaning Iraqis killed by U.S. troops or those civilians killed in attacks carried out by insurgents targeting U.S. troops - has remained relatively unchanged since 2006. "While deaths caused by Unknown perpetrators [e.g. car bombs in marketplaces] have plummeted by 87% from the peak year of 2006, civilian deaths [caused by "Coalition military or those who violently oppose them"]... have remained relatively constant throughout the last three years," the report states. "What remains certain is that Iraq under occupation is fraught with dangers for the civilian population, dangers which will never entirely go away...

Author: /time Magazine | Title: Iraq Report: Civilian Deaths Decrease | 12/27/2008 | See Source »

...engine burn into the on-board computer, and the computer flashed back "99:40," which was code for "Are you sure?" Lovell hit the Proceed button. The engine lit and the burn worked exactly as scripted, inserting Apollo 8 into an initial lunar orbit 169.1 miles high at its peak and just 60.5 miles above the lunar craters at its nadir. Even before the crew re-emerged around the other side of the moon and back into radio contact with Houston, Anders snapped what is surely the most iconic photo of the space age and one of the most iconic...

Author: /time Magazine | Title: Remembering Apollo 8, Man's First Trip to the Moon | 12/24/2008 | See Source »

...number of people sentenced to death has been falling nationally since a peak of about 300 a year in the 1990s, according to the Death Penalty Information Center, to 115 people in 2007. The reduction comes as more states, such as New York, New Jersey and Illinois have passed death penalty moratoriums; while some, like Maryland, are considering whether to abolish executions altogether...

Author: /time Magazine | Title: Is Texas Changing Its Mind About the Death Penalty? | 12/23/2008 | See Source »

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