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Economists are quick to point out that a weak dollar doesn't necessarily mean a strong yen. The exchange rate of the yen to other currencies - such as the euro - still shows depreciation. But the dollar-yen pair heavily weights consumer sentiment and the stock market, says Takahide Kiuchi, chief economist at Nomura Securities, and the rate right now has an overall negative affect...

Author: /time Magazine | Title: Japan's Strong Yen Problem | 3/14/2008 | See Source »

...weak dollar dumps cold water on some of Japan's largest corporations and exporters, since a higher yen value makes exports from the likes of Sony and Sharp to Toyota and Honda less competitive. On Thursday, Toyota Motor Corp. president Katsuaki Watanabe said that his company will need to maintain profit growth, since it forecast record profit for this fiscal year when the dollar was about 113 yen. For every yen the dollar drops, Toyota's operating profit falls...

Author: /time Magazine | Title: Japan's Strong Yen Problem | 3/14/2008 | See Source »

...does her sharpest work yet as the town beauty who's spoiling from abuse and ill use. "I don't want to spend the rest of my life taking care of people," Annie says. "I want to take care of myself." After a decade or two of tangling with weak or dangerous men, she has had it with married life. Making it on her own, she decides, could bring something like happiness...

Author: /time Magazine | Title: Snow Angels and Married Life: Wedded Blisters | 3/7/2008 | See Source »

...MITSOUKO By Guerlain; recalls Yves Saint Laurent Opium Key notes: Floral, oakmoss, peach Dubin: "A scent for a woman, not a young girl. Complex and mysterious. A true chypre. Makes men go weak in the knees...

Author: /time Magazine | Title: The Six Scents | 3/6/2008 | See Source »

...eligible for post-season play and only one is not speaks for itself. While the case can be made that the size of the football team, its intense nature of commitment, and its broad appeal to fans could merit special treatment (or in this case, exclusion), these arguments are weak and unsustainable. Surely, the commitment required to play on an athletic team far outweighs that of most other extracurricular activities, but to place a sort of achievement cap on the football team alone is unfair. Plenty of Harvard students can vouch for the fact that their extracurricular obligations place...

Author: By The Crimson Staff | Title: Level the Playing Field | 3/3/2008 | See Source »

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