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...recently in the town of Sendai, north of Tokyo. It snowed, which was a lovely treat, something I never see at home in Hong Kong. Japan is a respite from the rest of Asia in many other ways. While much of the region is still hurtling along the path of development - a blinding whirl of frenetic construction and perpetual change - Japan is a vision of stability, a nation that has everything others in Asia want, and has already had it all for decades. Money. Technology. Global brands. A seat at the table with the powerful countries of the industrialized world...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

...period of stunted growth. But Japan also stands as a warning to those who think tough decisions can be delayed indefinitely. Japan's public finally seems ready for something new. Voters last year tossed out the Liberal Democrats, who had governed almost uninterrupted since 1955. The new sheriff in town is Prime Minister Yukio Hatoyama of the Democratic Party of Japan. He's at least talking new ideas: reforming the government, improving the social safety net, cozying up to Asia. But his options are constrained by the mess built up over two decades of inaction. He's confronting an unsustainable...

Author: /time Magazine | Title: What Japan's Years of Paralysis Teach America | 3/29/2010 | See Source »

...grooming parlor called 'Sup Dawg). Lou, on the other hand, is a rude, crude alcoholic whose nickname is the Violator - a man it would be a brilliant idea to grow apart from - but he's also the impetus for the reunion. After a sodden night on the town, Lou passes out in his own garage behind the wheel of his running muscle car - an incident interpreted as a suicide attempt - and the doctor insists that someone keep an eye on him for a few days. (See the top 10 movie wimps...

Author: /time Magazine | Title: Hot Tub Time Machine: Good, Not-So-Clean Fun | 3/25/2010 | See Source »

...Obama Administration over the Israeli-Palestinian peace process. Having twice delayed his departure as his team negotiated with U.S. officials over a set of confidence-building measures that Israel would offer the Palestinian leadership in order to coax them into talks being orchestrated by Washington, Netanyahu finally left town Wednesday night with no accord. Officials from the two sides are to continue negotiating on the issue in the coming days. Netanyahu's visit, if anything, reinforced the idea that the current Israeli government is at odds with the U.S. over the question of settlements, East Jerusalem and how to achieve...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

Obama spoke to the Representatives about why he and they had become politicians, and why they had become Democrats. He talked about all the town meetings and compromises, the long hours, the lumps and brickbats, the time spent away from their families. "And maybe there have been times where you asked yourself, Why did I ever get involved in politics in the first place? ... But you know what? Every once in a while, you have a chance to vindicate all those best hopes you had about yourself ... And this is one of those moments. This is one of those times...

Author: /time Magazine | Title: Can Obama Keep Delivering on His Promise | 3/24/2010 | See Source »

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