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...Lower-tier schools, however, may not be able to compete because of a lack of resources, and many will likely end up closed or consolidated. But the ruthless competition will ultimately be good for students, says Kiyoaki Murakami, a science and technology research director at Tokyo-based think tank Mitsubishi Research Institute. "I believe the quality of Japanese education will improve, especially if the current sense of urgency drives Japanese schools to start competing with M.I.T. and Harvard." As for Hagi, new investors are considering relaunching it as a training school for social services, including elderly care?one job sector...

Author: /time Magazine | Title: Economics 101 | 7/4/2005 | See Source »

Last week's e-mail dump was the first detailed look the public has got into how Abramoff combined his top-tier connections with vast sums of money from his tribal clients to advance his interests. It shows how easy it is for seasoned operators to violate the spirit of the law--possibly while staying within the letter of it--as they peddle influence. The correspondence also lays bare that, of the $7.7 million Abramoff and fellow lobbyist Michael Scanlon charged the Choctaw for projects in 2001, they spent $1.2 million for their efforts and split the rest...

Author: /time Magazine | Title: The Gimme-Five Game | 6/27/2005 | See Source »

Actually the price reforms have much further to go. China at the moment has a two-tier system of state-set and market prices, sometimes on the same goods. Vice Premier Li Peng estimates that Peking still fixes prices on 70% of the products sold by state industries. There are other reminders of the heavy presence of the state. At Zhongshan University in Canton, 30% of the graduates are assigned to their first jobs by the State Labor Ministry in Peking. The remaining 70% are placed by university authorities after consultation with state industries and agencies; the graduates' wishes...

Author: /time Magazine | Title: China: Old Wounds Deng Xiaoping | 6/21/2005 | See Source »

...guests to the Kennedy compound, where two huge white tents equipped with heavy sidewalls and heaters kept out the chill breeze off Nantucket Sound. Inside, fruit trees in full pink-and-white bloom gave the lie to the weather, and a sumptuous lunch was capped by an eight-tier wedding cake weighing a whopping 425 lbs. and topped by the traditional bride and groom figures...

Author: /time Magazine | Title: Weddings: Shriver and Schwarzenegger: Keeping It All Very Private | 6/21/2005 | See Source »

...most impressive contest of the season came March 6 against NYU, a member of the top-tier Tait Division. Though the Crimson dropped the first frame, it took three of the next four games to thwart the Violets’ comeback bid and extend its winning streak to nine...

Author: By Karan Lodha, CRIMSON STAFF WRITER | Title: SEASON RECAP: Men's Volleyball | 6/9/2005 | See Source »

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