Word: japanized
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...alerting U.S. citizens in Mexico, where the disease still seems to be at its worst. Meanwhile, other countries have placed far stronger restrictions on travel to Mexico, in an effort to cut off the spread of the disease. Cuba and Argentina have temporarily banned flights to and from Mexico, Japan has stopped giving visas to Mexicans who arrive in the country, and France is putting forward a request to suspend all flights between the European Union and Mexico...
...FORCE buzzes ground zero, terrifies New Yorkers. Japan Airlines wisely cancels Pearl Harbor flyby...
...high after the financial meltdown on Wall Street, consumers in the U.S. - Asia's most important customers - slashed their purchases of the toys, blue jeans and flat-panel TV sets churned out by the region's factories. The consequences have been disastrous. Every major economy in the region, from Japan to Singapore, has seen exports contract sharply, usually by eye-popping double-digits. Taiwan registered year-over-year declines of more than 20% for five straight months starting in November. China saw year-over-year declines of more than 17% in January, February and March. Millions of Asians lost their...
...there might be a glimmer of hope. Recent data shows that exports are starting to inch off their lows, an indication that the worst of the recession in Asia may be passing. In Singapore, exports rose 11% in March from February, the second straight month-on-month increase. Japan's grew by 2.2% in March from the month before, leading Merrill Lynch economists to speculate that "it is possible that exports are bottoming." Most importantly, China's exports rose 7.6% in March from February, after six straight months of contraction. "While exports growth is likely to remain weak...
...well, we can pick on China, but remember, the largest creditor nations in the world are in Asia now - it's China, it's Japan, South Korea, Taiwan, Hong Kong, Singapore - all the money is here. Even if the Chinese continue to buy, somebody's going to stop buying that stuff. If I was the Chinese I wouldn't buy it. I'm waiting to sell it short at the right time...