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...public perception is that his administration has failed to come up with strong enough medicine to counteract the country's increasingly dire economic plight. The world's second-largest economy shrank at an alarming annualized rate of 12.7% last quarter, its worst quarterly contraction since the 1974 oil shock. Exports also fell an unprecedented 13.9%, while the unemployment rate shot up to 4.4% in December, reaching levels not seen since World War II. "There is no doubt that the economy is in its worst state in the postwar period," said Economic and Fiscal Policy Minister Kaoru Yosano. (See pictures...

Author: /time Magazine | Title: Japan's Prime Minister Aso Faces Ugly Economic Truths | 2/16/2009 | See Source »

...arrived on the scene, the 69-year-old was refused by 14 hospitals, citing a lack of doctors or resources to handle his case, as he was driven around in an ambulance. Three hours later, after he was finally admitted to one facility, the man died of hemorrhagic shock...

Author: /time Magazine | Title: Are Japan's Emergency Rooms in Trouble? | 2/16/2009 | See Source »

...really belong in the world of indie rock; and lacking a “Seven Nation Army”-style breakthrough hit, the Keys have been making their music for a scattered and diverse audience devoted to their remarkably consistent output. So it might come as something of a shock to hear Dan Auerbach altering his sound a bit on his new solo album “Keep It Hid.” One of that new brand of solo album that includes more instrumentation than on the band’s regular output, “Keep it Hid?...

Author: By Sasha F. Klein, CONTRIBUTING WRITER | Title: Dan Auerbach | 2/12/2009 | See Source »

None of this comes as much of a shock - at least if you've been watching the news. You don't have to be a former homeowner burned by the housing fiasco or a blue-state voter screaming "I told you so" to agree that the way we pick our leaders is often based on something other than merit. That's not entirely bad, since no matter how competent bosses are, they still have to have the charisma and confidence to persuade people to follow them. Whether they're leading from the Oval Office or the corner office...

Author: /time Magazine | Title: Competence: Is Your Boss Faking It? | 2/11/2009 | See Source »

...corner, and while we bounced on our toes impatiently, a motorcade turned past us. Inside a black Escalade sat the new first family. They waved. We waved. And as the car drove onwards, bound for the Miley Cyrus concert, everyone on the corner hugged each other in shock, laughing and crying and screaming, “I can’t believe...

Author: By Talisa B. Friedman, CRIMSON STAFF WRITER | Title: Obamatic Love | 2/11/2009 | See Source »

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