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...million profit for the same period last year; Hitachi lost $1.04 billion compared with a $204 million profit in the equivalent period last year. "These companies will bleed as long as demand at home and in Asia remains weak," says TIME senior business reporter Bernard Baumohl. And therein lies Japan's vicious cycle: The bursting of the country's banking and real estate bubble created a credit crunch throughout Asia, and the consequent financial turmoil shrank markets for Japanese products -- eating into the manufacturing sector that turned Japan into an economic superpower. The country's Nikkei stock index has been...

Author: /time Magazine | Title: Japan's Electronics On the Blink | 10/27/1998 | See Source »

...Therein lies the moral dilemma posed to Miller and his squad. They are being asked to risk their life for a young man no better than they are, no different, really. Yes, they understand, there's an element of compassion in their mission. But there's an element of news management as well: the upper levels of government don't want to burden the home front with another shocking story of loss. "I asked myself throughout, Is this a mission of mercy or a mission of murder?" says Spielberg. "But I can't answer that question. I don't think...

Author: /time Magazine | Title: Cinema: Steven Spielberg: Reel War | 7/27/1998 | See Source »

...Then did the Lord send a terrible plague against the Union and against all the freshmen therein, and their bowels did turn to water," he continued, referring to a food poisoning incident in the Freshman Union that sent a large portion of the class of 1998 to University Health Services in their first year...

Author: By Jason C. Tsomides, CONTRIBUTING WRITER | Title: Seniors Advise, Entertain With Traditional Class Day Orations | 6/4/1998 | See Source »

...Harvard is the American dream." Blair said."Harvard is the chance for every coach out therein America to realize, `We can.' You gottabelieve, and I'm just as excited for Harvard as Iam for our basketball team."Associated PressGRAB BAG: Senior ALISON SEANOR triesto snare a loose ball...

Author: By Eduardo Perez-giz, CRIMSON STAFF WRITER | Title: UPSET CITY | 6/4/1998 | See Source »

Israel's commitment to maintaining control of Jerusalem and its entrenched settlements therein are violations of the international community, and not merely against the Palestinian people. Whatever Israel's justification for its actions, it must nonetheless recognize that it has expanded in violation of numerous United Nations resolutions...

Author: By Aamir ABDUL Rehman, | Title: Considering Palestine | 5/4/1998 | See Source »

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