Word: businessmen
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...feel things are beginning to move. I have a gut instinct about it," says Shizue Tanaka, whose family runs Tanakatei, an upscale restaurant in Tokyo's posh Akasaka area. Tanaka's sentiments are now shared by most influential businessmen: a quarterly survey by the Bank of Japan, which tracks the mood in boardrooms, recently reported the first upturn in business optimism in five years. "The possibility is strong that the economy has moved one step toward recovery," says Bank of Japan governor Yasushi Mieno. "But we must carefully watch the sustainability and tempo of the upturn...
...provocative: an oil embargo. North Korea imports almost 75% of its petroleum products from China. If oil were cut off, the army would stop running. But China frowns on sanctions of any sort, and would hardly agree to halt the petroleum flow. Even if Beijing ordered a cutoff, Chinese businessmen along the long border are doing such a profitable business with North Korea that they might be inclined to ignore the embargo order...
...Panama, which do not observe the embargo, the armada of smugglers have managed to deliver so much contraband fuel that hucksters have set up a bustling business along "gasoline alley" in Port-au-Prince. Out-of-work vendors vie frantically for customers among the wealthy in Land Rovers. Businessmen can even get gas delivered to their door...
...exploit lucrative foreign-exchange deals, two of the capital's leading families -- the Acras, who come from Syria, and the Bigios, who are of Jewish descent -- have joined forces to buy the local branch of the National Bank of Paris. "Six months from now, when all the small businessmen are dead," says an angry downtown entrepreneur, "they will be the ones controlling Haiti...
...Saddam has gone back to business as usual. In defiance of U.N. sanctions that ban nonhumanitarian trade and clamp an embargo on arms sales to Baghdad, he is working to rebuild his military and industrial might. Helping him are middlemen, front companies, compliant neighbors and Western businessmen eager to reforge commercial contacts with a big potential customer and the possessor of the world's second-largest oil reserves...