Word: japanism
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What are your goals for Ikea over the next five to ten years? We will probably increase our presence in developing countries. For these past 10 years our focus has been on existing markets. We've entered only two new markets in 10 years time: Portugal and Japan. That's very little compared to our earlier history. That will change quite a lot over the next 10 years. We'll see seven or eight new markets being opened up in that time frame, 90% in developing countries. I hope India will be on the map, and on this continent maybe...
...official. On Nov. 17, Japan's government declared that the second largest economy in the world had slipped into recession for the first time since 2001. The Cabinet office of Prime Minister Taro Aso said that gross domestic product had contracted at an annual rate of 0.4% in the three months up to September, its second consecutive quarter of negative growth...
...forecast by the Paris-based Organization for Economic Cooperation and Development (OECD) predicts a 0.3% decline of its members' economies next year. That, the OECD forecasts, will be led by a 1% decline in growth in the U.S., a 0.5% contraction in Europe, and 0.1% downturn in Japan. Evidence to back that projection came with Friday's announcement that economic growth across the euro-zone decreased 0.2% in the third quarter of 2008 - the second consecutive contraction, which puts the region into recession by the most common benchmark...
...Unistraw's interest is spurred by a different set of numbers. "What's exciting," says managing director Tim York, "is that today it's a $7 billion market, and it's projected to be worth $20 billion by 2010." The big players include companies like Japan's Yakult and France's Danone (Dannon in the U.S.), which sell probiotic bacteria in yogurt. Dannon's Activia yogurt was launched in America in 2006 and passed $100 million in sales in its first year...
...Sleep habits have a huge impact on human health," says the study's lead author, Dr. Kazuo Eguchi of Jichi Medical University in Tochigi, Japan. Past studies have linked improper sleep habits - sleeping either too little or too much - to disorders such as obesity and diabetes as well as a higher risk of heart attacks and premature death. (See TIME's A-Z Health Guide...