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...Prime Minister Yukio Hatoyama and his administration have pressed the central bank to take steps to contain deflation, prevent another downturn in the economy, and to tame the runaway yen, now at 86 yen to the dollar compared to 93 a year ago. On Nov. 27, the dollar fell to a 14-year low against the yen, triggering concerns that the currency could start to unravel progress that stimulus spending has made on the economy this year, in part by wreaking havoc on export competitiveness. (See the top 10 colorful spouses, including Miyuki Hatoyama...

Author: /time Magazine | Title: Why Japan's Latest Attempt to Boost Its Economy Won't Work | 12/1/2009 | See Source »

...Black Friday as a barometer for consumer sentiment but says it's not a slam dunk for how the rest of the holiday season will go. Last year, for example, shoppers spent 7% more over the Black Friday weekend than they did the year before. Yet holiday sales ultimately fell 3.4%, he notes. (See TIME's 2009 Holiday Gift Guide...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

...niacin--a B vitamin--may be better at unclogging arteries than an ingredient in Merck's multibillion-dollar cholesterol drugs Zetia and Vytorin, according to a recent study. It's the third trial in two years to question the pills' effectiveness. Patients are growing skittish: sales of both drugs fell to $4.56 billion in 2008, down 12% from the year before...

Author: /time Magazine | Title: The World | 11/30/2009 | See Source »

Yuri Zarakhovich's life was full of skulduggery, danger and crisis. He did, after all, report for TIME as the Soviet empire decayed, fell and tried to resurrect itself as the new Russia. It was two decades of journalistic drama on one of history's biggest stages, with Zarakhovich dodging bullets and traveling from one breakaway republic to another, meeting larger-than-life characters like Vladimir Putin, whom he interviewed along with TIME's editors for our 2007 Person of the Year issue. Zarakhovich was as big a personality as the Russia he loathed and loved. His stories and jokes...

Author: /time Magazine | Title: Yuri Zarakhovich | 11/30/2009 | See Source »

...men’s foil struggled throughout the day, posting wins only over Princeton, 6-3, and Vassar, 5-4. No men’s foil fencer was able to win a bout against Penn State, and Harvard fell to Sacred Heart, 7-2, and North Carolina, 5-4, in the weapon...

Author: By Melissa L. Schellberg, CRIMSON STAFF WRITER | Title: Fencers Duel at Harvard Invitational | 11/30/2009 | See Source »

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