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...hardly surprising that the Isle of Man works hard to demonstrate that its offshore business is clean and tightly regulated. It has to: financial services - banking, insurance and asset management - account for 42% of the island's income. Its former big earner, as a seaside resort for the British, lost out decades ago to cheap travel and the Costa del Sol, and though there is farming, fishing and some light industry, it is the island's status as a tax haven that powers the economy. Being an offshore center these days means living under constant scrutiny from industrialized nations anxious...

Author: /time Magazine | Title: Rewards and Fairies | 4/30/2001 | See Source »

...this defensive mimicry and lamented the destruction of older Japanese traditions. Others tittered at the earnest efforts to be civilized in the Western manner. Pierre Loti, the French author of Madame Chrysanthemum, likened the Deer Cry Pavilion to a second-rate casino in a French hot-springs resort, and the dancing, well: "They danced quite properly, my Japanese in Parisian gowns. But one senses that it is something drilled into them, that they perform like automatons, without any personal initiative. If by chance they lose the beat, they have to be stopped and started over again...

Author: /time Magazine | Title: Why Japan Cares What You Think | 4/30/2001 | See Source »

...ready to handle anything." What he's handling, however, is nothing more dangerous than the outsourced laundry of the Canadian peacekeepers who share Camp Zirouani with the Japanese. Outside, Akamatsu's commanding officer, Major Shinji Furusho stands watch for the laundry truck to return from the Israeli resort town of Tiberias. Two massive, white armored personnel carriers (APC) begin their patrol beyond the gate. Manning the huge vehicles are a dozen Austrians, barking politely in German over the roar of their engines. The Austrians patrol the disengagement line between Israel and Syria. The Japanese deliver the milk. Furusho gazes...

Author: /time Magazine | Title: Guarding Reputations | 4/30/2001 | See Source »

...economy is certainly noble. But the living wage issue lacks both the gravity and urgency necessary to justify the sit-in that is now taking place. PSLM has done a disservice to its cause and to today’s generation of students by using our weapon of last resort in an extremely inappropriate situation...

Author: By Joshua E. Gewolb, | Title: Why I’m Sitting Out | 4/20/2001 | See Source »

...Among his own people. White now dependent on black. What Ms. Gordimer does not seem to understand - like most of the well-heeled white families who populate this lovely resort town on the Indian Ocean where I'm staying - is that July's People are the people of this country, and that South Africa is now an African country. The sensitive moral register of the white readers of Ms. Gordimer's fiction - and I promise you, Ms. Gordimer had no black South African readers - doesn't much matter anymore. Whites no longer have to be persuaded that blacks should have...

Author: /time Magazine | Title: In South Africa, Both Whites and Blacks Fail to Grasp the New Reality | 4/20/2001 | See Source »

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