Word: japanization
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...fated Lisbon agenda, which was adopted with fanfare by E.U. leaders a decade ago with the aim of transforming Europe into "the world's most competitive and dynamic knowledge-based economy" by 2010. But the bloc fell far short of its goal of overtaking the U.S. and Japan, and even failed to meet its self-imposed economic targets. For example, that plan also called for E.U. research and development spending to increase to 3% of GDP, but only Sweden and Finland currently meet that threshold. (See the top 10 financial collapses...
...despite the presence of interviews and archival footage, its goal is fundamentally the same as that of any Hollywood thriller: to tell a suspenseful story. Although “The Cove” is technically an exposé, focusing on the inhumane capture and slaughter of dolphins in Taiji, Japan, it uses the methods of fiction storytelling to narrate the filmmakers’ investigation into these abuses. It’s when nonfiction films forget that they owe the audience a narrative that they encounter trouble, a fact that seems lost on many critics and is responsible for the fact...
...particular level of debt that acts as a trip wire and tosses an economy into crisis. Different economies can bear different levels of government debt, depending on their ability - real or perceived - to finance it. While Greece's small and uncompetitive economy is struggling to stay afloat, Japan, with ample domestic sources of funds, hasn't had trouble financing its deficits, and investors still consider U.S. Treasury bills a safe haven. In a January report, Barclays Capital argued that the cost of the crisis on the U.S., the U.K. and Japan would be spread over many years and is therefore...
...also inevitable. Pressure is building on political leaders to prove they're serious about getting their countries' finances in order. In late January, S&P warned that it could downgrade Japan's sovereign rating if the new administration of Prime Minister Yukio Hatoyama doesn't rein in the deficit. In his January State of the Union address, President Barack Obama pledged to freeze discretionary fiscal spending for three years starting in 2011. "Like any cash-strapped family, we will work within a budget to invest in what we need and sacrifice what we don't," Obama said. (See pictures...
...advertisers aren't the only ones who may start putting sound to greater use. Retailers are also catching on. The 0101 department store in Japan, for example, has been designed as a series of soundscapes, playing different sound effects such as children at play, birdsongs and lapping water in the sportswear, fragrance and formal-wear sections. Lindstrom is consulting with clients about employing a similar strategy in European supermarkets, piping the sound of percolating coffee or fizzing soda into the beverage department or that of a baby cooing into the baby-food aisle. (See the top 10 TV commercials...