Word: tokyo
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Bill Clinton threatens Japan with a 100% tariff on luxury cars unless Tokyo eases its regulations against U.S. automakers. An 11th-hour deal scuppers the tariff...
Lula has a point, but as the former union leader knows, life isn't always fair. If it were, then Rio, while a front runner, would be in a stronger position to win next Friday's decision and edge out Chicago, Madrid and Tokyo. It can claim experience: Rio hosted the Pan American Games in 2007, an event that should have transformed the still sometimes provincial resort into a more modern, more international and safer city. (See pictures of São Paulo...
...inconceivable that Tokyo will simply allow JAL, which was owned by the government until it was privatized in 1987, to fail. The airline has already been bailed out three times since 2001, and was guaranteed 80% of a 100 billion yen emergency loan by the previous administration. On Thursday, Japan's new Prime Minister, Yukio Hatoyama, said "public support may become necessary" for JAL and that he wants to finalize restructuring plans for the company "as soon as possible," on the sidelines of the G-20 meeting in Pittsburgh. Government officials "definitely don't want Japan's flagship carrier...
Home prices in overcrowded Hong Kong have traditionally been high, but when it comes to having the most expensive residential properties in the world, the Chinese metropolis has never seriously challenged cities like New York, London and Tokyo...
...threatened by it. To show how important the alliance with Japan used to be considered, the U.S. for many years appointed seasoned politicians to the U.S. embassy in Japan. That pattern has been broken recently, and this year Obama appointed John Roos, a Democratic fundraiser from Los Angeles, to Tokyo. Roos may turn out to be an excellent envoy. But he will have his work cut out. The Japanese election - it becomes clearer every day - represents a sea change in politics there. If the alliance is not now to drift into irrelevance, some high-level attention to its purposes...