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Depending on the source, Japan's mythic "Lost Decade" lasted from 1989 to 2003, or sometime later if the exact bottom of the real estate market in the Asian nation is taken into account. Because the period began with easy access to capital followed by a sharp drop in the stock market and property values, it is now being compared to what many economists believe began in the US two years ago. They fear, probably with good reason, that GDP growth will simply stay in a narrow band of extremely modest growth or no growth at all and the lack...

Author: /time Magazine | Title: The Lost Decade May Only Last Three Months | 4/9/2009 | See Source »

...include a retired general and colonel believed to have cofounded JITEM, a secretive military-intelligence unit which many Kurds suspect is responsible for most of the dirty work in the southeast, including the extrajudicial killings of dozens of Kurdish activists. The Ergenekon trial - the group named itself after a mythic central Asian valley Turks believe they come from - "is a milestone," says Nuserivan Elci, who represents some 50 families of the 'missing' in Silopi. "It's a historic opportunity for Turkey to deal with its past...

Author: /time Magazine | Title: In Turkey, Signs of Change for the Kurds | 4/2/2009 | See Source »

...registers. Perhaps the novel’s greatest weakness is its inability to truly create characters. Leave aside the enigmatic narrator; the other characters in the book exist only as prose descriptions, devoid of any psychological complexity or, even, thought. This is not typically a genre convention of the mythic allegory, and it greatly hampers Rodoreda’s attempt at the creation of a satisfying fictional universe. Whether the novel’s emotional gap is a result of Tennent’s translation or Rodoreda original work, other aspects of the novel are simply inaccessible to readers outside...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: Death Springs Eternal, But Not Much Else | 4/2/2009 | See Source »

Rooming: One word – hype. Caboteers convince themselves on Housing Day that the mythic spatial bounty of Cabot’s rooms will amply compensate for the erstwhile frustration of Quad life. In reality, it’s those (rare) days spent sunning in the yard that make it okay that the River deities chose not to smile on your blocking group...

Author: By Edward-michael Dussom | Title: The Housing Crisis: Cabot House | 3/18/2009 | See Source »

Bali, whose mythic resorts have been struggling to fill their beachside villas during the global financial meltdown, has been hit by another unexpected crisis this month: rabies. The death toll from an outbreak on the island of 3.1 million people rose to six on Monday, adding to the woes already faced by the Indonesian province after the downturn in the world's economy...

Author: /time Magazine | Title: A Rabies Outbreak in Paradise | 1/21/2009 | See Source »

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