Word: japanized
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...This year's guest of honor is Bordeaux's Japanese sister city, Fukuoka, and with good reason. While dwindling domestic consumption and increasing foreign competition have provoked the French wine industry's worst sales crisis in decades, wine consumption in Japan has surged almost 200% in 10 years. The Bordeaux Interprofessional Wine Council (CIVB) has recently upped its annual promotional budget to $27 million to reach new markets like Fukuoka, and the effort is paying off. CIVB president Christian Delpeuch recently returned from a three-continent promotional tour. "Sales since the beginning of 2005 have never been so good...
...Many cultures in Asia seem to understand the power of illusion, or at least the value of sometimes suspending disbelief, and acknowledging that (as in a marriage) not knowing everything can be the best key to survival. In Japan, for example, the imperial family stays in place in part thanks to a compliant press, which preserves a veil over its many difficulties, in part through a determination to keep its private lives relatively private. Monarchs can only function if we don't look at them too closely, and quietly consent to the notion that they can bring us all together...
...Mouton Rothschild's Philippe de Rothschild spend their money. This year's guest of honor is Bordeaux's Japanese sister city, Fukuoka, and with good reason. While dwindling domestic consumption and increasing foreign competition have provoked the French wine industry's worst sales crisis in decades, wine consumption in Japan has surged almost 200% in 10 years. The Bordeaux Interprofessional Wine Council (civb) has recently upped its annual promotional budget to $27 million to reach new markets like Fukuoka, and the effort is paying off. civb president Christian Delpeuch recently returned from a three-continent promotional tour. "Sales since...
Meanwhile, the U.S. has pursued another diplomatic track, building a "coalition of the willing" to isolate Iran. U.S. officials say they are finding some success, especially with Japan, which, because of its dependence on oil from the Middle East, has long maintained neutrality there. According to senior U.S. sources, Japan, the top buyer of Iran's oil and a nonpermanent Security Council member, was closely consulted on the incentives package. On the day Iran restarted its enrichment activity, Japanese Foreign Minister Taro Aso called his counterpart in Tehran to urge acceptance of the package...
...Japan's uncharacteristically venturesome moves reflect growing global consensus on isolating Iran. U.S. diplomats say Italy, another of Iran's top trading partners, has been "very supportive," as have the governments of several Persian Gulf states where Iran does much banking. The U.S. is also seeking private- sector support: Treasury officials are talking with international financial institutions about what a top U.S. diplomat calls the "reputational risks" of handling funds for Iran. The tactic seems to be working: European diplomats report that letters of credit that facilitate Iran's foreign trade are drying...