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...year-old flagship carrier that once symbolized the strength of Japan Inc., filed for bankruptcy with two of its subsidiaries. Weighted by debts estimated at $25.6 billion (2.3 trillion yen), Japan Airlines Corp., Japan Airlines International and JAL Capital made history today as what is perhaps Japan's largest nonfinancial corporate failure. With a long record of unprofitable earnings, the airline has taken a hit from weak travel demand after SARS and H1N1, fuel surcharges and the global recession...
...market excitement within a wider historical framework, the Singapore Art Museum has mediated rivalries between secretive Philippine collectors, and dug into its own archives, to put together a show of 70 rarely seen works spanning more than a century of Philippine art. It is, experts agree, one of the largest and most historically rich exhibitions of Philippine art ever assembled outside the country. (See 25 authentic Asian experiences...
...Mayor Bertrand Delanoë, tipped by some to contest the 2012 presidential race, is gay. And Guido Westerwelle, chairman of Germany's Free Democratic Party, has just become his country's Foreign Minister, joining a gay élite that includes the mayors of Berlin and Hamburg, Germany's two largest cities. Klaus Wowereit, Berlin's mayor, says coming out ahead of the 2001 mayoral race while under pressure from tabloids strengthened his campaign. "My confession might have contributed to my popularity," he says. "Many people appreciate honesty." (See a history of gay rights...
That's a far cry from the climate in most of the U.S., where - despite the recent election of Annise Parker, a gay woman, as mayor of Houston, America's fourth largest city - honesty can still end a gay politician's career. Openly gay politicians such as San Francisco supervisor Harvey Milk began winning seats in U.S. cities with large gay populations in the 1970s. Progress has since slowed, says David Rayside, a professor of political science at the University of Toronto. He believes that the relative strength of incumbency in the U.S. creates a barrier to the corridors...
Wahid was not a manager; he was forced from office by Parliament after less than two years. But he was a visionary, and as President, he planted a vision of an Indonesia - the country with the world's fourth largest population and the most Muslims - committed to religious freedom and human rights...