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...opposition Democratic Party of Japan (DPJ) revealed that records of up to 50 million pension accounts had been misplaced and couldn't be connected to their owners, due to a monumental bureaucratic error. When Abe appeared more concerned with dodging the blame than solving the problem, his already wobbly approval ratings went into free fall. "This may not be the fault of the current administration, but it's inevitable they will be judged by how they handle the crisis-and it's hardly been adequate," says 57-year-old Hideki Tamura, who had been waiting for over an hour...

Author: /time Magazine | Title: Fade to black? | 7/12/2007 | See Source »

...That became painfully obvious when news of the misplaced pension accounts broke. The problem arose more than a decade ago when workers at the government's Social Insurance Agency (SIA) began merging the multiple pension streams received by retirees into single accounts with individual identification numbers. In the process up to 50 million names were mistakenly recorded, making it difficult to match payments with people. Though the mistakes occurred under a different administration, and almost all accounts should eventually be joined to their owners, the DPJ used the pension scandal to hammer Abe, who seemed slow to realize its importance...

Author: /time Magazine | Title: Fade to black? | 7/12/2007 | See Source »

...first attempts to use the tools of carbon finance to save the 32 million acres of forest destroyed each year. Existing carbon-credit programs focus on industrial emissions; this initiative extends carbon trading to the big chunk of CO2 emissions caused by deforestation. "If deforestation is 20% of the problem, it should be 20% of the solution," says Benoit Bosquet, a biocarbon specialist with the bank who is setting up the fund...

Author: /time Magazine | Title: Getting Credit for Saving Trees | 7/12/2007 | See Source »

...strained marriages, difficulty with kids and constant worry--that people can understand. On this show, war is more than fighting. It's separation and alienation. It's buying kids' shirts in bargain packs to save money. It's every exhausting problem of marriage, compounded by the fear of sudden death and of losing your home and support system along with your spouse...

Author: /time Magazine | Title: The War at Home | 7/12/2007 | See Source »

...problem might have been finding shared ground with the new Administration in Washington. Blair and the President - both committed Christians, both prepared to intervene in crises overseas - had some obvious things in common. More surprisingly, so did Campbell and Bush: a passion for running, and perhaps also the wordless empathy of the man's man, fueled on testosterone - both were once heavy drinkers, both now abjure the bottle. Campbell regularly enters competitive races to raise money for leukemia research (his best friend and his best friend's daughter died of the disease). One check he keeps as a souvenir came...

Author: /time Magazine | Title: Blair's Barnum | 7/10/2007 | See Source »

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