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...decades. Third quarter GDP growth came in at an annualized rate of 4.8%. But other statistics painted a more troubling picture. The price of goods and services slid by 2.6% in the third quarter, the biggest drop since 1958. Consumer prices have dropped for seven straight months. "The recent price falls are not right and worrisome," Japan's Finance Minister Hirohisa Fujii said at a Nov. 20 press conference. "This is one of the major policy issues right now." Deputy Prime Minister Naoto Kan was even more blunt. He stated flatly this week that the country is "in a deflationary...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

...Jesper Koll, president and CEO of Tantallon Research Japan, argues that when falling prices are factored in, the country's nascent recovery is weaker than recent positive GDP growth numbers suggest. "We've got the consumer price index falling by 2.5%, wages falling by about 2.0%, winter bonuses falling by about 14%, and the Nikkei (stock market index) going down," he says. "All the growth we're seeing is because of arithmetic." Complicating matters is the strength of the Japanese yen, which has gained 6% on the dollar in the last three months. Prices generally decline in a strong currency...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

...brouhaha following a government advisory panel's recent change in breast-cancer-screening recommendations has proved anything, it is that even modern medicine does not rely on statistics, scientific facts and clinical outcomes alone...

Author: /time Magazine | Title: Mammogram Guidelines: What You Need to Know | 11/20/2009 | See Source »

Over 150 students marched and tore down a mock brick wall outside Massachusetts Hall yesterday to protest what they said were “fundamental gaps” in the University’s recent online statement of commitment to increase access to new health technologies in developing countries...

Author: By Xi Yu, CONTRIBUTING WRITER | Title: President Faust: Tear Down This Wall | 11/20/2009 | See Source »

...recent Taskforce’s report acknowledged this fact. “Harvard libraries can no longer harbor delusions of being a completely comprehensive collection,” it stated. One of the report’s primary goals is to “collaborate more ambitiously with peer libraries and other institutions...

Author: By Rachel A. Stark, CRIMSON STAFF WRITER | Title: From Widener to the Web | 11/19/2009 | See Source »

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