Word: tokyo
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Dates: during 1970-1979
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...Nissan Motor Co., which was then selling about 2,000 vehicles a year in Arab countries, told an Israeli dealer that he could not import any of its cars. "Please understand our awkward situation with your cordial heart," Nissan wrote the dealer. The Japanese still refuse landing rights in Tokyo to El Al. In retaliation, 7,000 U.S. travelers canceled reservations on Japan Air Lines to the 1970 Osaka world's fair...
...shipping capitals on three continents. He nonetheless finds time to keep his 5-ft. 8-in. frame down to a trim 160 Ibs. with ritualistic daily swims. Pao is also an avid golfer, keeping a set of clubs in each of the three cities he visits most frequently, Tokyo, London and New York (three of his four daughters attend school in the U.S.). His wife never travels with him on business. Indeed, she is rarely seen publicly with her husband even on those infrequent occasions when he is in Hong Kong...
...personal fortune estimated by his business associates at anywhere from $300 million to $800 million, Pao does not ever have to go near a shipyard again. Yet he shows no sign of relaxing. After announcing his latest orders last week in New York, Pao hopped a plane for Tokyo to look for shipyards interested in another maxi-order...
...with Japan's Prime Minister Eisaku Sato in 1969, was not present. The official explanation was that while Sato is merely head of government, Nixon is head of government and state as well. Protocol thus dictated that he not attend unless Emperor Hirohito put in an appearance in Tokyo. After Foreign Minister Kiichi Aichi signed for Japan, Sato said that he was "happy beyond words" and hailed the treaty as the beginning of "a new Pacific...
Japanese business, says the government in Tokyo, is now in a "mild recessionary cycle." Why? Because the growth of the economy has dropped below a 10% annual rate for the first time in five years. Final figures for fiscal 1970, which ended last March 31, show that Japan's real gross national product - that is, G.N.P. adjusted to eliminate the effects of price increases - rose 9.9% v. a 12.6% gain the year before...