Word: toughness
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...impact on overall GDP will be very limited," says Nishioka. Says Shirakawa: "People don't want to spend money, even if they get it from the government. Economic reforms are important, but the government needs to make people more comfortable and more confident in efficient government. It's a tough situation." Japan can only hope that its consumers will start to adopt a slightly sunnier outlook, and soon...
...Nevertheless, he says, Japan is not an island: nothing points to an economic recovery in Japan unless the global economy picks up. According to Andreas Schuster, head of research at CLSA, a private-equity firm based in Hong Kong, "It won't be pretty, but it will be less tough than in the Western economies." (See pictures of the global economic crisis...
...year mark as CEO of Ikea. Under his leadership, the Swedish furniture giant has nearly tripled its number of stores and employees, and committed to a broad new slate of policies on the environment. The company maintains a mixed reputation on quality, though, in the midst of an increasingly tough economic climate. In a series of recent conversations, Dahlvig spoke with TIME's Jeremy Caplan about why the tough business climate works in Ikea's favor, where the company plans to expand, and what Ikea is doing to be greener...
...security. While most of Iraq is now under the control of the Iraqi military, Baghdad and the northern city of Mosul remain under U.S. control. Turning the capital over to Iraqi security forces "will be a big challenge," Mullen said, and "we continue to be in a pretty tough fight up in Mosul...
...power play, escaping from trouble. Harvard’s three defenders sacrificed their bodies and blocked several shots before they even reached Hoyle. At regular strength, the four were helped by a critical performance from the rest of the Crimson defense, as their tenacity alongside Hoyle’s tough performance kept the Saints silent for the rest of the game. “Our defense was really huge for us this weekend,” Donato said. “And obviously when you give up...as many power plays as we did, the old adage that your goaltender...