Conservation groups say the Atlantic bluefin tuna is at risk of extinction if current catch rates continue. While the U.S. announced its support of a ban this week, the fish is prized for high-end sushi in Japan, where 80 percent of the fish ends up. An international conference will vote on giving the tuna endangered status at a meeting that begins next weekend.
All Posts Tagged With: "Japan"
In addition to brake problems, Toyota announced today that it will be fixing oil hoses in 1.6 million vehicles around the world, most of them in the U.S. A famous American adage states, "As General Motors goes, so goes the nation." In Japan, many are wondering if the same principle applies to Toyota. Our German partner Deutsche Welle reports from Japan.
The Japanese government is moving ahead with plans to improve relations with the Ainu people, the country's indigenous inhabitants. Mostly living in the northern island of Hokkaido, Ainu are believed to descend from people who lived in Japan as early as 13,000 years ago. Harry Fawcett of Al Jazeera English has more, and bloggers offer their perspectives.
Edward Lincoln, Director of the Center for Japan-U.S. Business and Economic Studies at New York University, joins Daljit Dhaliwal to discuss the economic fallout for Toyota as it grapples with recent recalls. He estimates they may cost Toyota one billion dollars. Lincoln says the company can probably weather the crisis -- but not without damage to its reputation.
On Saturday, a huge rally took place in Tokyo at which many called for an end to the American military presence in Okinawa. U.S. diplomats are working to preserve an agreement that would allow the troops to remain by moving them to a less populated part of the island. Tom Metcalf of Al Jazeera English reports, and Daljit Dhaliwal interviews Weston Konishi.
Marcus Mabry, international business editor of The New York Times, and John Authers, the investment editor for the Financial Times, join Daljit Dhaliwal to discuss the impact of U.S. economic policies overseas, the risk of inflation in China, the fate of Japan's economy and recovery in Europe.
In a new setback for Japan today, Japan Airlines, the country's top carrier, filed for bankruptcy protection. The company is staggering under almost $26 billion in debt. It will cut almost 16,000 jobs, reduce pensions and cut routes. Here's how Deutsche Welle covered the demise of a Japanese giant.
Hillary Clinton is off to Asia, her second trip there since she took office. Right away, she became the first Secretary of State in four decades to go to Asia before Europe. Worldfocus blogger Nina Hachigian writes that the Obama Administration is playing its cards well on Asia so far.
More than 200,000 Prius cars were sold in Japan, three times the number from 2008. Hybrids account for 10% of auto sales in Japan, compared to 3% percent in the U.S. In 2009, China surpassed the U.S. as the world's largest car market. American auto sales dipped 21% to about 10.5 million. Will the United States ever regain its stature as an auto industry powerhouse?
The average year-end bonus at major Japanese companies this year plunged. Worldfocus contributing blogger Hsin-Yin Lee writes about how Japanese retailers are trying to lure customers during the holiday season with creative marketing campaigns.