Word: zeros
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...that the country finally has the kind of policy guidance it needs to get turned around. That leadership takes a variety of forms. The Bank of Japan, for instance, has been telegraphing with very un-Greenspan-like candor that it intends to keep short-term interest rates near zero. At the same time, an encouraging amount of "micro-reform" is under way in Japan--tiny revolutions in entrepreneurial companies that may forge a Japan built for the Internet age. As some Japanese like to observe, they spent 40 years building the world's best industrial economy. What you're seeing...
...adventure? The plight of a woman at the South Pole's Amundsen-Scott research station who has discovered a lump in her breast shows that boldness and bravery are alive and well. Trapped in the hellish cold and ice of the region, which averages 80 degrees below zero during the current Antarctic winter, the woman, who is the doctor of the station, according to the New York Times, has had to deal with the possibility that she may have breast cancer. The Air Force jet crew, which over the weekend dropped essential medical equipment and supplies for the woman...
...Francisco office, he types in a polypropylene order on his JAM (Java Agent-Enabled Marketplace) prototype for the chemicals industry. A moment passes; then JAM matches Ma's buy order--price, purity, etc.--to a compatible sell order in its order book, and, boom, the deal closes. Phone calls: zero. Time: five minutes. Cost: maybe 10 bucks. "Theoretically," Ma says, smiling, "it makes sense to do everything this...
...from a slow, wasting disease, the result not of the nation's vices but of its virtues. While there are many things wrong with Japan, the immediate problem is excessive thrift: Japanese households simply save more than the country's businesses can be persuaded to invest, even at a zero interest rate...
Sensitive young teens emerge as a particularly interesting group in the poll. The middle school years are perilous. While only 14% of the 9- to 11-year-olds said they had ever tried alcohol, the figure rose to 42% among 12- to 14-year-olds. Drug use rose from zero to 11%; smoking from...