Word: japanism
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Dates: during 2000-2009
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...Stowaway," but coming up with new, uncopyrighted names in every country it was marketed in proved costly; Sony eventually decided on "Walkman" as a play on the Sony Pressman, a mono cassette recorder the first Walkman prototype was based on. First released in Japan, it was a massive hit: while Sony predicted it would only sell about 5,000 units a month, the Walkman sold upwards of 50,000 in the first two months. Sony wasn't the first company to introduce portable audio: the first-ever portable transistor radio, the index card-sized Regency TR-1, debuted...
...from 8.5% to 9.3% in 2010, on the back of government stimulus spending that appears to be making up for a steep drop in exports. The World Bank has also raised its 2009 forecast from 6.5% to 7.2%, and projects that China will replace Japan as the world's second largest economy in two years. (See 10 things to do in Shanghai...
That was seven years ago, but conditions have probably not improved even though Pyongyang continues to funnel scarce resources into weapons programs. Food shortages returned last year, while aid and investment from neighbors such as South Korea and Japan have dwindled. How bad the situation may be is hard to assess since North Korea doesn't reveal significant economic data. Estimates from South Korea's central bank, released on Monday, suggest that North Korea's gross domestic product recovered in 2008 after two years of contraction, with 3.7% growth. The bank attributed the increase to "one-off factors," such...
...Japan's Kyoto Prize for arts and philosophy for her pioneering work in developing a new genre of ballet...
...message: love endures. The three-hour show has about 120 actors, begins with a musical play (Raindrops Fall on Roses) and ends with a song-and-dance revue (Amour, It's Something Like ...). The costumes are adorned with enough glitter to make Liberace's eyes water. (See pictures of Japan in the 1980s and today...