Japan Today. Is a round up of Japan's top 10 or so news events.
Via, Uwe Paschen.
Well as the World is still in a recession going towards a depression the Asian Market did follow Wall-Streed and tubled. Japan’s Nikkey has lost 15.8%. Hong Kong’s Hang Seng 11.6% as the Down Jones average is down 14.9%.
Russia and Japan yet again do discuss the row over the Islands that Russia has seized from Japan after WWII, Well at least they are talking and surprisingly Japan has not yet given up.
Toyota, that did for the first time in its history showed a loss at the end of last Year, is still in trouble and will implement a new production freeze of 11 domestic plants. Sales have plunged has never before in its 77 year history. Now warning of an operating loss of up to $5 billions.
Honda is struggling as well, however, not with sales or loses but rather to find a buyer for its F1 Team. In bad times the Luxuries have to go not only at Honda and maybe why no buyer can be fund. Honda does also replace its president with Takanobu Ito an expert in US markets, I have my doubts though that this will help, until the US have replaced all their Wall-Street people.
Japan’s PM Taro Aso whose approval rating has plumed down to 11% now will be visiting B. Obama in the White House on Feb. 24 2009 meaning today.
On a brighter note Japanese film Okuribito has won an Oscar for best Foreign languish film to the surprise of all here in Japan.
SFCG a major Japanese firm even the largest publicly traded Japanese firm has filed for Bankruptcy Protection, faced with the fall out of the US economy…
Meanwhile the U.N. does praise Asia for its action against Poverty.
A growing Dilemma is the number of emergency cases being refused at Tokyo’s Hospitals. Now at over 8%.
The Whale war is still going on though as well and it looks as if Japan is winning lately against the Sea Shepherd. Any how the Australian Police had a firm talk with them.
Visit again for more to come soon about Japan's top 10 or so.