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...just as J.K. Rowling cannily fed tween readers' innocent lust for adventure, so Meyer smites their slightly older sisters with the adventure of innocent lust. And when the teen witches and wizards of Harry Potter and the Half-Blood Prince, the sixth film in the series, vacated the prime slot of the weekend before Thanksgiving for a July 2009 opening, the vampires of Twilight moved in. It sounds like kismet, Hollywood-style. (See 90 years of vampires onscreen...

Author: /time Magazine | Title: Twilight Review: Swooningly True to the Book | 11/20/2008 | See Source »

...tourism ambassador, two months after Doraemon, the aqua-hued robot feline, was named the nation's first cartoon envoy. The designation of these two cat representatives symbolizes just how much Japan's overseas reputation is tied to pop culture. That's a connection that surely pleases Japan's new Prime Minister Taro Aso. The 68-year-old premier, who is a self-confessed manga addict, has called for Japan to pursue what he calls "comic-book diplomacy." (Last year, when he was serving as Japan's Foreign Minister, Aso counted among his accomplishments inaugurating an International Manga Award that honors...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...first global foray, many of its mergers and acquisitions languished because overseas employees chafed under the strictures of Japanese management. In the same way, unless Japan relaxes its rigid immigration policies, cultivating foreign Japanophiles will be a waste of time. Indeed, in moving beyond Japan's insular past, Prime Minister Aso might do well to take inspiration from a cuddly cat. Hello Kitty, it turns out, may not be ethnically Japanese. Her surname is not Suzuki or Sato but White. Her parents are named George and Mary. Yet the mouthless feline has prospered as one of Japan's most successful...

Author: /time Magazine | Title: Japan Reaches Out | 11/20/2008 | See Source »

...market bubble, claiming that home ownership had become over-politicized in recent years as a result of efforts by the federal government to increase ownership rates and widespread leveraging of real-estate assets. “Real financial alchemy was performed in order to transform the lead of sub-prime mortgage to the gold of a AAA-rated piece of collateralized debt,” said Ferguson, a professor of history in the Faculty of Arts and Sciences and business administration at Harvard Business School. In order to avoid future economic crises, it may be necessary to create an international...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Ferguson Faults Fed in Failure | 11/19/2008 | See Source »

...been busy times ever since. After Obama's election, Notchi accosted an unsuspecting Prime Minister Taro Aso for another episode of "Devil's Contract" at a shopping arcade in Tokyo to show him the photo he had taken with the President-Elect in St. Louis. In fact, today nearly all of Notchi's comedic bookings come from this new gig, and he hopes the work will keep coming. "I will be Obama for the next four years," he says, "If lucky, even eight...

Author: /time Magazine | Title: Almost Famous: Japan's Obama Impersonator | 11/19/2008 | See Source »

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