Word: japanization
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Dates: during 1990-1999
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...such thing as gay Japan, Russia, China
...Pounds of uranium believed to have been added to a tank of nitric acid--seven times the safety limit--causing a nuclear accident in Japan...
Since the U.S. economy remains basically strong, Treasury officials say the rising yen is Tokyo's issue. And they've convinced Japan's major trading partners of that, not to mention the government of Prime Minister Keizo Obuchi. Everyone, that is, except Masaru Hayami, chief of Japan's central bank, who late last month got into a public spat with Tokyo's powerful Ministry of Finance because the Bank of Japan refuses to lower interest rates or print money to bring the yen back to earth...
...Japan, a weak dollar and a powerful yen are a decidedly mixed blessing. Yen strength amounts to a vote of confidence in the Japanese economy, which, after a decade-long slump, is at last beginning to show signs of life. The renewed activity has sucked in U.S. and other foreign money for 33 of the past 35 weeks, driving up the Nikkei stock market average some 25% so far this year. The problem is that Japanese corporate profits are also heavily dependent on exports, which can rapidly become too expensive for foreign consumers as the yen appreciates. Indeed, big exporters...
Kotova is scheduled to make her New York City debut this Saturday at Carnegie Hall, where she will play Tchaikovsky's showy Variations on a Rococo Theme with the Moscow Chamber Orchestra, followed by a barnstorming tour that takes her all the way from Brazil to Japan. Though she already seems well launched toward stardom, anyone who expects her to take the low road to popular acclaim is in for a surprise. "I am asked so many times," she says, "what do you think, that classical music is dead, dead, dead? Not at all. It's starting to bloom again...