Word: japanism
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Perhaps you have never heard of architectural tourism, but an upscale desert enclave in California banks on it. From Feb. 12 to 21, thousands of building and design freaks from as far away as Japan and Australia will descend upon Palm Springs for Modernism Week, modernismweek.com. This 10-day celebration of mid-20th century design runs the gamut from the kitsch (a vintage Airstream trailer show, tours of Elvis' UFO-like honeymoon house) to the academic (lectures on torn-down masterpieces and architects of yesteryear) to the starstruck (movies at Frank Sinatra's former home, wine and cheese...
...Korean," says Oh, the prosecution's spokesman. "We've only had a few restrictions on procedural matters, which is not a big deal." Indeed, supporters point out that the terms of the treaty are far more favorable to South Korea than, for example, the terms of a similar treaty Japan signed with the U.S. in 1960. In that country, the U.S. military can hold suspected servicemen until a Japanese court indicts them, a stipulation that critics allege has handicapped investigations there...
...Rather than going belly up, however, Asia's largest airline by revenue is getting the lift it needs to stay in the sky - but not without shedding some bulk. With the government keen on keeping Japan's largest carrier in business, JAL is now set to transition into a three-year, state-backed restructuring plan. Before JAL's filing on Tuesday, Transport Minister Seiji Maehara said, "The government wants to continue to support JAL to ensure its continued stable and safe operations." The Enterprise Turnaround Initiative Corp. of Japan (ETIC), a quasi-government entity that buys the debt of troubled...
...will receive an investment of about 300 billion yen ($3.3 billion) from the ETIC, which the flailing airline approached in October, in addition to hundreds of billions of yen in debt waivers from its main lenders. In addition, the ETIC and the state-backed Development Bank of Japan will extend JAL a credit line of more than $3.5 billion. Key measures of the restructuring plan include cutting more than 15,000 jobs, or about 30% of its workforce, by the end of 2013, paring down to about half of its 110 group firms, and slashing unprofitable international and domestic routes...
...view, the government should focus JAL's operations strictly on the domestic market. Japan has only two main carriers for domestic routes, JAL and All Nippon Airways, but both airlines' international routes have to compete with bigger - and healthier - global carriers. Over the last few years, JAL has continuously cut back on unprofitable international routes, and will continue to do so under its revitalization plan. Today, JAL has roughly three times the number of international routes operated by ANA, but Matsumoto says that if things go according to plan in the next three years, the size of JAL's international...