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...commend you for your cover story on frugality and for highlighting the paramount importance of saving for the future, which should be taught early on in school. People who adhere to the concept of penny saved, penny earned will be able to weather financial conditions of any kind. April Shin-Lee, ENCINITAS, CALIF...

Author: /time Magazine | Title: Inbox | 4/30/2009 | See Source »

Time is running out. Olmert has only a few days left in office, and he has dispatched two envoys, including Shin Bet security services chief Yuval Diskin, to Cairo for indirect talks with Hamas, which may be hung up on details of an exchange. Those talks were extended until Monday night, raising the expectation that Hamas might agree to free the captive soldier, who is hidden somewhere in Gaza. "It's been very tough," Noam Shalit told TIME. "But we can't give up. I have no alternative but to be here, in this tent." But as of Tuesday morning...

Author: /time Magazine | Title: Can Israel Negotiate Freedom for a Soldier? | 3/16/2009 | See Source »

...years ago, remembers him back then as a traditional politician "focused on bringing home the bacon" to his constituency in Iwate prefecture in northeastern Honshu. His mentors include both Kakuei Tanaka, Prime Minister from 1972 to 1974, who treated Ozawa like a son and arranged his marriage, and Shin Kanemaru, who served as Deputy Prime Minister and LDP vice president. Both were legendary political fixers, as was Ozawa before he left the party; both were eventually mired in corruption scandals. When Japan was riding high in the 1980s, commentators liked to say that it had a "first-rate economy...

Author: /time Magazine | Title: Ozawa: The Man Who Wants to Save Japan | 3/12/2009 | See Source »

...injuries and illnesses that it has suffered.” This did not stop freshman Caroline Vloka from taking the gold in the individual women’s saber. Having been suffering from what was thought to be the flu, Vloka defeated M.I.T.’s Robin Shin, 15-6, to take the No. 1 spot before being taken to University Health Services, where she was diagnosed with pneumonia. “She could not have performed any better than she did,” Brand said. In the individual foil, junior Arielle Pensler tied for third, taking...

Author: By Ricky Liu, CONTRIBUTING WRITER | Title: Fencers Rack Up Gold At IFA Championships | 3/2/2009 | See Source »

...nationalists when they fled the mainland after losing China's civil war. Analysts interpret Beijing's conciliatory approach as a bid to improve China's image in Taiwan, perhaps to soften opposition to reunification. Whatever's behind it, Beijing's more amicable stance is welcome news to Chou Kung-shin, director of the Taipei museum. "Cultural exchanges," she says, "are the most convenient and effective way to establish communications across the Strait." (See pictures of the Beijing Olympics...

Author: /time Magazine | Title: The Art of Museum Diplomacy | 2/19/2009 | See Source »

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