Word: brinkly
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...While no Japanese automaker is on the brink of bankruptcy, Toyota's executive vice president Mitsuo Kinoshita calls the sharp contraction of global sales "unprecedented." Toyota, Honda and Nissan are slashing earnings estimates, firing workers and trimming production. In November, the Japanese auto industry saw its worst month in more than three decades, as domestic sales fell 27.3% compared with the same month last year. Sales of Japanese cars in the U.S. fell more than 30% last month...
...intelligence officials have pointed to a Pakistan-based militant group, Lashkar-e-Taiba, as the likely perpetrator. This trickle of evidence has heated up the simmering tension between the countries, pushing them down an alarmingly familiar path - the same one that led these two nuclear-armed countries to the brink of war after the 2001 attack on India's Parliament. That was also blamed partly on Lashkar-e-Taiba, and more than half a million Indian and Pakistani troops faced off along the border...
...much bigger risk, says Amitabh Dubey, director of India research for Trusted Sources, a London-based risk consultancy firm. "An increased probability of conflict - that would change people's business plans," he says. That's exactly what happened in 2001, when the two countries moved to the brink of war and companies moved their operations out of India. "At the back of everyone's mind is the nuclear factor," he says. And the memory of that global crisis of confidence may well keep the two countries from reaching that point again...
BACK FROM THE BRINK As months of antigovernment protests culminated in the occupation of two Bangkok airports (above), a court dissolved Thailand's ruling party, finding its members guilty of election fraud. The protesters dispersed, flights resumed, and 109 lawmakers, including Prime Minister Somchai Wongsawat, were barred from politics for five years. Still, Thailand's troubles are far from over: the selection of its next Prime Minister could spark renewed clashes...
...would be responsible for eliminating them. Nor would it easily believe that Pakistan's security establishment, despite its promises to Washington, has entirely renounced jihadist proxy warfare against India. Following the December 2001 attack on India's parliament by LeT militants that brought the two countries to the brink of war, Washington twisted Pakistan's arm to crack down on some of the groups it had cultivated. The LeT was even banned in Pakistan (it had to be, since the U.S. had added it to its list of international terrorist organizations) and many of its members were arrested. But most...