Word: keizai
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Dates: during 1970-1979
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Only university graduates and those about to receive degrees are eligible, and competition is almost literally cutthroat for spots on the national dailies: Asahi (circ. 6,000,000), Yomiuri (5,800,000), Mainichi (4,700,000), Sankei (1,900,000) and Nihon Keizai (1,400,000). Disappointed candidates have been known to commit suicide...
Beyond the initial political shocks, an entirely new sense of unease has spread through Japan. The brusque treatment they received from Washington "has been a revelation for the Japanese," says Katsuyuki Ochi, political editor of Japan's leading financial daily, Nihon Keizai Shimbun. "They now realize that the international stage is a much colder place than they had imagined, and that sentimentalism of any brand has little role to play in the pursuit of national interests...