Podcasts about Japan

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From the BBC World Service: In good news for Japanese consumers, rice prices have fallen to their lowest level in two months. That's after a shortage of the country's staple food, caused by a poor harvest and increased tourist demand. Then, Zimbabwe has moved forward with compensation payments to white farmers whose land was seized during a controversial land reform program more than 20 years ago. And, business leaders are in China for the country's annual economic forum.

From the BBC World Service: In good news for Japanese consumers, rice prices have fallen to their lowest level in two months. That's after a shortage of the country's staple food, caused by a poor harvest and increased tourist demand. Then, Zimbabwe has moved forward with compensation payments to white farmers whose land was seized during a controversial land reform program more than 20 years ago. And, business leaders are in China for the country's annual economic forum.

Julie Curtiss was born in 1982 in Paris, France and lives and works in Brooklyn, New York. She studied at the École Nationale Supérieure des Beaux-arts, Paris, during which time she undertook two exchange programmes; one at the Hochschule für Bildende Künste, Dresden and the other at the School of the Art Institute of Chicago. Curtiss graduated in 2006 with a BA and MFA. Recent solo exhibitions include White Cube Hong Kong (2023); Anton Kern Gallery, New York (2022; 2020; 2019); White Cube Mason's Yard, London (2021); Various Small Fires, Los Angeles (2018); and 106 Green, Brooklyn, New York (2017). Group exhibitions include Fondation Carmignac, Porquerolles, France (2024); Dallas Museum of Art, TX (2023); MCA Chicago, IL (2023); Yuz Museum, Shanghai (2023); FLAG Art Foundation, New York (2023); Leeum Museum of Art, Seoul (2022); Biennale des Arts de Nice, France (2022); The Shed, New York (2021); Nassau County Museum of Art, Roslyn, New York (2019); Perrotin, Seoul (2019); Clearing, New York (2019); White Cube Bermondsey, London (2017). She has been the recipient of a number of fellowships and awards, including Youkobo Art Space Returnee Residency Program, Tokyo (2019); Fellow of the Sharpe-Walentas Studio Program, New York (2018); Saltonstall Arts Colony Residency, New York (2017); Contemporary Art Center at Woodside Residency Program, New York (2013); VAN LIER Fellowship, New York (2012); Louis Vuitton Moët Hennessy's Young Artists Award (2004); and Erasmus European Exchange Program Grant, Hochschule für Bildende Künste, Dresden (2003).Curtiss' work is represented in a number of museum collections, among which are Bronx Museum, New York; Columbus Museum of Art, Ohio; High Museum, Atlanta; Los Angeles County Museum of Art; Maki Collection, Japan; Museum of Contemporary Art, Chicago; Walker Art Center, Minneapolis; and Yuz Museum, Shanghai.

A film editor's job is much like the work of a sculptor. You take a massive block of material—raw footage—and with a series of delicate, precise cuts, you shape it into something cohesive, something meaningful. In today's episode, we welcome Michael Trent, a master of cinematic storytelling who has spent his career assembling some of Hollywood's most unforgettable films. From the war-torn beaches of Saving Private Ryan to the eerie corridors of The Hatred, his work is the unseen hand that guides an audience's emotions, turning chaos into art.For Michael Trent, the journey into the editing room began long before he ever set foot in Hollywood. His father, a sound editor in England, introduced him to the craft at an early age. “I was using a Moviola by the time I was ten,” he recalls, describing the tactile magic of celluloid film. But talent alone wasn't enough to break into the industry—his leap from England to Hollywood in 1994 was an act of faith, a cold call to the right person at the right time, proving that the universe often conspires in favor of those who dare.Editing is not merely about cutting and pasting scenes together. It is about rhythm, about knowing when to hold a shot and when to move on. It is the balance between subtlety and impact, between quiet tension and explosive release. “I think a lot of editors cut too much,” Michael Trent shares. “You have to feel the emotion of a scene and let it breathe.” His work on The Hatred is a testament to this philosophy, particularly in its ability to sustain suspense, making audiences feel the presence of something sinister lurking just beyond the frame.One of the most fascinating aspects of his career was working alongside Steven Spielberg. Editing Saving Private Ryan meant moving between locations, from an Irish field to an aerospace museum in England, adapting to whatever environment was necessary. But beyond the logistics, Spielberg's ability to visualize an edit in his head was what amazed Michael Trent the most. “He called in from Japan with an edit suggestion, and when we made the change, it worked perfectly. It was as if he had a video camera inside his mind.”Horror editing, in particular, demands a unique approach. Timing becomes everything—not just in the obvious jump scares, but in the slow-building unease that keeps an audience gripping their seats.A shadow lingering a second too long, a door creaking open just slightly out of sync—these are the choices that make a horror film work. “There's a scene in The Hatred where Alice walks toward the cellar,” Michael Trent explains. “We held the shot longer than usual, just to build that sense of dread.”To be an editor is to be both an artist and a storyteller, sculpting not with clay or paint, but with time itself. The true test of an editor's skill lies not in what they add, but in what they take away. Sometimes, entire scenes—ones that took days to shoot—must be discarded for the sake of pacing and narrative flow. “You have to be ruthless,” Michael Trent says. “If it doesn't serve the story, it has to go.”Become a supporter of this podcast: https://www.spreaker.com/podcast/bulletproof-screenwriting-podcast--2881148/support.

Our guest is Takumi Kuwabara who is the toji or brewmaster at SakéOne in Portland, Oregon. SakéOne (https://www.sakeone.com/) is a unique sake brewery.  It was founded in 1992 by Momokawa Brewing in Aomori Prefecture, Japan, which was founded in 1889. SakéOne started sake-brewing in 1997 and since then, its sake has won multiple awards at prestigious competitions like the U.S. National Sake Appraisal and the San Francisco International Wine Competition.  And of course, a big part of its success has come from Takumi's craftsmanship. In this episode, we will discuss how Takumi studied sake in Japan and also in the U.S. after he arrived in the country in 2004, the unique terroir Oregon offers to make high-quality sake, challenges in making sake outside of Japan, how he sees the past and future of the American sake market and much, much more!!!

- Auto Alliance Testifies Against NHTSA - GM Gains Most Market Share This Year - Chinese Automakers Flooding Africa - GAC Expanding Fast - Foxconn and Elektrobit Partner on SDVs - Foxtron to Supply Mitsubishi with Buses - U.S. Imports to China Plummet - Japan Says It Can't Accept U.S. Tariffs - Mercedes Puts Active Aero on Wheels - XC60 Now Best-Selling Volvo Ever

- Auto Alliance Testifies Against NHTSA - GM Gains Most Market Share This Year - Chinese Automakers Flooding Africa - GAC Expanding Fast - Foxconn and Elektrobit Partner on SDVs - Foxtron to Supply Mitsubishi with Buses - U.S. Imports to China Plummet - Japan Says It Can't Accept U.S. Tariffs - Mercedes Puts Active Aero on Wheels - XC60 Now Best-Selling Volvo Ever

NHK WORLD RADIO JAPAN - Arabic News at 15:00 (JST), June 26

WAR! (or is it?) Tesla Robotaxi Update Japan's rice problem Drink up! New guidelines coming... PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter    Warm-Up - WAR! (or is it?) - Tesla Robotaxi Update - Japan's rice problem - Drink up! New guidelines coming... Markets - Not phased by Iranian attack - (well planned attack for markets - timing, newsflow and narrative of "successful mission") - A ceasefire now - quick wars! - P/E forward nearing 22 - Leading indicators - dropping - VERY Resilient overall - dips are for buying - NASDAQ 100 closing in on all-time highs - triple top Dropping the F Bomb - 7am CNBC - " Two counties that have been that have been fighting so long and so hard that they do not know what the "F***ck" they are doing" Oil - Drops from high of $78 to $66 - Iran bombing news spikes the price on Sunday night - and then....free fall.... Tesla - Everyone is a flutter about the RoboTaxi test in Austin - Stock moved up 10% on the news Monday -- Everyone knows it is a long haul - but the hope and the promise is something that investors live on - Tesla Robotaxis spotted speeding, making improper turns on first day of service, according to Bloomberg HAMMER - Defense Secretary Pete Hegseth, alongside Chairman of the Joint Chiefs General Dan Caine, in a news conference Sunday, reviewed operational details of Saturday's “Operation Midnight Hammer,” the well-concealed strikes against nuclear development facilities in Iran that both men called an “incredible and overwhelming success.” - “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan,” President Donald Trump said Saturday. - Bunker Buster Bombs - lots of them - Was it a success? -- Monday: Iran coordinated the attacks on U.S. base in Qatar and gave officials advance warning to minimize casualties Interesting - Online job listing company CareerBuilder + Monster filed for Chapter 11 bankruptcy protection on Tuesday. Leading Indicators - A measure of future U.S. economic activity fell in May for the sixth straight month and triggered a recession signal, held down by consumer pessimism, weak new orders for manufactured goods, an uptick in jobless benefits claims and a drop in building permit applications. - The Conference Board's Leading Economic Index fell by 0.1% to 99.0 last month after a downwardly revised 1.4% drop in April, which was the largest decline in the index since the spring of 2020 at the start of the COVID-19 pandemic. The decline matched the consensus expectation among economists polled by Reuters. - "With the substantial negatively revised drop in April and the further downtick in May, the six-month growth rate of the Index has become more negative, triggering the recession signal," she said. "The Conference Board does not anticipate recession, but we do expect a significant slowdown in economic growth in 2025 compared to 2024, with real GDP growing at 1.6% this year and persistent tariff effects potentially leading to further deceleration in 2026." Global Rates and Central Banks - Update World Rates Japan's Rice Problem - Rice prices in Japan more than doubled in May, spiking 101.7% year over year and marking their largest increase in over half a century. - The huge spike follows a 98.4% increase in April, and a rise of 92.1% year over year in March. - Japan's rice prices have been in the spotlight in recent times, with the government releasing emergency stockpiles to moderate the price of the country's staple food. - The surge in rice prices comes as Japan's core inflation rate climbed to 3.7% in May, marking its highest level since January 2023.

THE FANTASTIC POUR Brett welcomes his good pal Ray Pickersgill to the Fantasti-Lounge to talk Wolverine! We enjoy an Old Fashioned and read the Wolverine Limited Series #1 - 4. Join us in the Fantasti-Lounge as we discuss: Is Wolverine is cooler in the woods or Japan? Why can't the Hand beat anybody? Did Ray waste $20 on Zima? And much, much more! Secret Pour-igins: Old Fashioned Cocktail: The Best at What I Drink, and What I Drink is an Old Fashioned. Ingredients 1 teaspoon sugar 3 dashes Angostura bitters 1 teaspoon water 2 ounces bourbon (RAY is using bourbon and BRETT is using rye) Garnish Orange twist Instructions Add the sugar and bitters into a mixing glass, then add the water, and muddle until the sugar is nearly dissolved Fill the mixing glass with ice, add the bourbon, and stir until well-chilled. Strain into a rocks glass over one large ice cube or multiple ice cubes Wipe an orange twist around the glass – which expresses the oil of the orange peel, then drop it into the glass to garnish Comic: Wolverine #1-4, Marvel Comics, 1982 Have a question or comment? E-MAIL: fwpodcasts@gmail.com You can find The Fantastic Pour on these platforms: Apple Podcasts Amazon Music Spotify The Fantastic Pour podcast is a proud member of the FIRE AND WATER PODCAST NETWORK: Fire & Water website: http://fireandwaterpodcast.com Fire & Water Facebook page: https://www.facebook.com/FWPodcastNetwork Fire & Water on Bluesky: https://bsky.app/profile/fwpodcasts.bsky.social Fire & Water Podcast Network on Patreon: https://www.patreon.com/fwpodcasts Use our HASHTAG online: #FWPodcasts

Tom Bodrovics welcomes back Adrian Day, CEO of Adrian Day Asset Management and Manager of the Euro Pacific Gold Fund, to discuss the economic and monetary landscape under President Trump's second term, the implications of tariffs, and the outlook for gold and other commodities. Adrian begins by addressing the potential impact of Trump's trade policies, particularly tariffs, on inflation and the global financial system. He argues that while tariffs are often seen as inflationary, they can be deflationary by reducing demand for certain goods. However, he warns that a weakening U.S. dollar and a potential loss of its reserve currency status could lead to higher inflation domestically, as dollars previously held abroad return to the U.S. Adrian emphasizes that while the U.S. dollar's dominance is not immediately threatened, Trump's policies could accelerate its decline, with significant consequences for the economy. The conversation then shifts to the U.S. debt market, where Adrian highlights the challenges of financing the growing deficit. He notes that major buyers of U.S. Treasuries, such as China and Japan, are reducing their holdings, and domestic buyers like regional banks and the Federal Reserve are also pulling back. This could lead to higher interest rates and increased pressure on the U.S. economy. Adrian predicts that the Federal Reserve may eventually return to quantitative easing (QE) to support the bond market, which would be bullish for gold. He also discusses the disconnect between gold prices and gold mining stocks, attributing it to the lack of participation from North American investors. However, he believes this is changing as economic conditions shift, with gold stocks offering significant value and expanding margins. Adrian also touches on other commodities, particularly copper and uranium, which he sees as critical for the global energy transition. He concludes by advising investors to focus on value rather than price, emphasizing that the gold market is still in its early stages of a bull run. Timestamps:0:00:00 - Introduction00:01:22 - Trump & U.S. Trade Policy00:06:30 - Multi Res. Currency World00:09:13 - A Bretton Woods Event?00:13:42 - Cad. Dairy & Tariffs00:15:57 - U.S. Economic Concerns?00:22:12 - U.S. Debt Global Outlook00:34:26 - Fed Rates & Q.E.00:40:20 - Gold & Market Participants00:45:28 - Gold Sentiment00:48:28 - Gold & Geopolitical Risk00:51:58 - Monetary Response & Gold00:54:39 - Gold Price & Mining Equities01:00:29 - GSR, Silver, & Cycles01:05:02 - Royalty Companies & Value01:07:30 - Capital & Explorers01:10:42 - Other Sectors/Countries01:16:12 - Concluding Thoughts Guest Links:Website: https://adrianday.com/ Adrian Day is considered a pioneer in promoting the benefits of global investing in the United Kingdom. A native of London, after graduating with honors from the London School of Economics, Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and is frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.

Why are some victims of terror and injustice deemed deserving of care and repair, and others aren't? David L. Eng looks to the Transpacific, and particularly the atomic bombings of Japan and their aftermath, for answers; he also argues that literature and psychoanalysis can enrich understandings of reparations and human rights. David Eng, Reparations and the Human Duke University Press, 2025 The post Reparations Reconsidered appeared first on KPFA.

Today we hone our craft and strengthen our souls in pursuit of excellence in Tampopo. We discuss the idea of pursuing small task with the passion to do it as well as can be done, unravel the myriad of vignettes and their meanings, and whatever is going on in that egg filled Hotel Room. Say thank you to the Ramen and slurp this pod down! Synopsis: A truck driver stops at a small family-run noodle shop and decides to help its fledgling business. The story is intertwined with various vignettes about the relationship of love and food. Starring: Tsutomu Yamazaki, Ken Watanabe, Nobuko Miyamoto, Koji Yakusho Directed by Juzo Itami  Help us make our first feature length Messed Up Movie: https://www.misfitparade.com/mrcreamjeans Support the show on the Patreon: https://www.patreon.com/c/messedupmoviespod Watch our newest short film Sugar Tits Now! https://www.youtube.com/watch?v=Sz7leFqqo4g  

NHK WORLD RADIO JAPAN - English News at 14:00 (JST), June 25

NHK WORLD RADIO JAPAN - English News at 23:00 (JST), June 25

NHK WORLD RADIO JAPAN - English News at 03:00 (JST), June 26

NHK WORLD RADIO JAPAN - English News at 18:00 (JST), June 25

Have the DCC overtaken our household? YES MA'AM. Between And Just Like That and the Dallas Cowboy Cheerleaders, Sara is at an intellectual low, but a slut high. Geoff travels to Japan for his quick watch and we travel to Scotland for the big watch.Plus the evergreen fun of a celebrity sighting. Contact us, sluttily: fuckoff@firecrotchandnormcore.comSupport us financially, you really do need more of Sara's ranting in your life, just like she needs her Churchill bio Hosted on Acast. See acast.com/privacy for more information.

Today, I'm sharing a story I wrote for the Adventure Travel Trade Association in 2024. It's about Yuimaru, the Okinawan spirit of cooperation that helped Okinawans move on from the tragedy of World War II.Okinawa is a small subtropical island in the East China Sea, halfway between China and Japan. In 1945, it endured one of the worst battles of the war, known as the Battle of Okinawa, during which an estimated 200,000 people, most of them Okinawan civilians, lost their lives.Last November, I celebrated my birthday in Okinawa. This year, I'm returning to the island on a very special Going Places women-only trip.We'll be traveling in the footsteps of Amamikiyo, the goddess who created the world, according to Okinawan beliefs, and spend time with a yuta, a practicing female shaman, in the northern mountain villages. Learn more about the trip here.Become a Going Places member for as little as $6 a month. Visit our reimagined platform at goingplacesmedia.com to learn more.Thanks to our Founding Member: RISE Travel Institute, a nonprofit with a mission to create a more just and equitable world through travel education.Featured on the show:ATTA: In Okinawa, Returning to the Communal Roots of Adventure TravelLearn more about our upcoming trip to Okinawa in November hereGoing Places is a reader-supported platform. Get membership perks like a monthly group call with Yulia at goingplacesmedia.com!For more BTS of this podcast follow @goingplacesmedia on Instagram and check out our videos on YouTube!Please head over to Apple Podcasts and SUBSCRIBE to the show. If you enjoy this conversation, please share it with others on social and don't forget to tag us @goingplacesmedia!And show us some love, if you have a minute, by rating Going Places or leaving us a review wherever you listen. You'll be helping us to bend the arc of algorithms towards our community — thank you!Going Places with Yulia Denisyuk is a show that sparks a better understanding of people and places near and far by fostering a space for real conversations to occur. Each week, we sit down with travelers, journalists, creators, and people living and working in destinations around the world. Hosted by Yulia Denisyuk, an award-winning travel journalist, photographer, and writer who's worked with National Geographic, The New York Times, BBC Travel, and more. Learn more about our show at

S&P futures are flat, unchanged from the prior close. Following broad gains on Tuesday, European equity markets are mostly firmer in rangebound trade. Asian markets continued to advance today, led by gains in Greater China and Japan. The ceasefire between Iran and Israel appears to be holding, with Iran signaling readiness for diplomacy. U.S. airstrikes reportedly caused limited damage to Iran's underground nuclear facilities, delaying its program by a few months but failing to destroy centrifuges or enriched uranium stockpiles.Companies Mentioned: Glacier Bancorp, Brighthouse Financial

So an AI listend to the show and wrote this podcast description... Join Clint, Meg, and Dan for a jam-packed episode filled with hilarious stunts, candid conversations, and surprises. Clint is off to Japan as Cal steps in, and Meg returns with stories of her challenging pregnancy journey. They dive into various fun segments like the 'Postcode Playlist' for Invercargill and recap Dan's epic remote control car stunt, attempting to jump over 10 people. Also, there's a heartfelt discussion about Meg's impending maternity leave and the dynamics of carpooling with coworkers. Don't miss the 'Is It Cheating?' debate and a hilarious game of 'Climax or Crowning.' A tune in for a roller coaster of emotions and laughs! 00:00 Welcome to the Show00:50 Clint's Absence and Meg's Return01:33 Postcode Playlist and Throwbacks05:44 Meg's Personal Struggles08:07 Dan's Good Samaritan Story09:57 Water Volume Challenge14:05 Brad Pitt and Formula 124:01 Is It Cheating?33:30 Jeff Bezos' Wedding Invitation35:55 Jeff Bezos' Controversial Donation to Venice37:56 Dan's Remote Control Car Stunt41:50 Betting on Meg's Baby43:22 Climax or Crowning Game49:26 Dan's Postcode Playlist for Invercargill01:00:39 Debate on Giving Coworkers Rides01:09:15 Meg's Pregnancy Journey and Farewell

In this episode of Creative Guts, co-hosts Becky Barsi and Joe Acone sit down with artist and educator Chris Archer.With a studio practice encompassing functional pottery, sculptural forms, arrangements, and site-specific installations, Chris's work has been showcased nationally and internationally, earning multiple awards and inclusion in esteemed collections such as the San Angelo Museum of Fine Arts in Texas and Tokyo Geidai in Japan. Beyond his studio, Chris has dedicated over two decades to art education. Currently, he is an Assistant Professor at the Institute of Art and Design at New England College, where he teaches Ceramics, Public Art, and Foundational Design. Chris's commitment to the arts extends to leadership roles in organizations like the League of New Hampshire Craftsmen and the New Hampshire Creative Communities Network, where he advocates for the significance of craft and community engagement.In this episode, Chris mentions:The Experimenters, by Eva DiazAnthony Bourdaine, No Reservations - Decoding Ferran League of NH CraftsmenListen to this episode wherever you listen to podcasts or on our website www.CreativeGutsPodcast.com. Connect with us on Instagram, Facebook, LinkedIn, and Discord.Check out Chris's work at www.chrisarcherartist.com, and on instagram at www.instagram.com/chrisarcherartist.If you love listening, consider making a donation to Creative Guts! Our budget is tiny, so donations of any size make a big difference. Learn more about us and make a tax deductible donation at www.CreativeGutsPodcast.com. Thank you to our friends at Art Up Front Street Studios and Gallery in Exeter, NH and the Rochester Museum of Fine Arts in Rochester, NH for their support of the show!

This is a free preview of a paid episode. To hear more, visit www.theflyingfrisby.comOh, my goodness me. I don't think I've ever seen volatility like it.We have a huge speculative bubble on our hands, and it's popping.What's more, this bubble is full of chancers, charlatans and chief executive officers.The Mail has got onto the story. That is not a good sign. If I told you ten days ago that the price of a share you just bought would rise from 6p to 40p in a week, you'd be pretty happy.Then again, if I told you on Monday that something you owned was going to drop by 60% the following day, you'd be pretty unhappy.That's what happened with the UK-listed bitcoin treasury companies.Nobody said it would be easy.Today we are going to try and make some sense of what is going on. We have a comprehensive list of all the UK companies jumping on this nutty bandwagon. And, most importantly, we consider what to do next.Let's start with a timely reminder: owning a speculative bitcoin treasury company is not the same as owning bitcoin. One is a crazy speculation, the other is the future money system of the world. Bitcoin treasury stocks ≠ bitcoinI hope that is clear.Now a rant.The Great British FCA Crypto FarceI'm looking at the price of Coinsilium (AQUIS:COIN) this morning. It is ranging from 60p to 30p, i.e. doubling and halving. This situation means the beloved UK market makers might be creaming off enough money to keep them in caviar and truffles for the foreseeable future, but the ordinary retail investor is getting hammered.In the course of 7 trading days, Coinsilium has gone from 6p to 90p to 30p.The bitcoin price, meanwhile, is pretty much unchanged.This situation is almost entirely a creation of the FCA, with its decision to “protect” UK investors from the dangers of cryptocurrencies. That protection began in 2020 when bitcoin was $5,000. Today it's $105,000. That's a $100,000 per coin increase—a 21x or 2,000% gain—UK investors were protected from.Remember UK Chancellor Rishi Sunak spinning his “Britcoin” BS?“It's my ambition to make the UK a global hub for cryptoasset technology, and the measures we've outlined today will help to ensure firms can invest, innovate and scale up in this country.We want to see the businesses of tomorrow – and the jobs they create – here in the UK, and by regulating effectively we can give them the confidence they need to think and invest long-term.This is part of our plan to ensure the UK financial services industry is always at the forefront of technology and innovation.”Nobody told the FCA! How was any of that even remotely possible when the FCA had banned the sale of crypto derivatives to UK consumers, and effectively regulated cryptoasset technology out of existence in the UK?Did the two departments even speak before he trotted out that rollocks?Of course they didn't. They are different departments.It's as though the UK government is inherently incompetent.Remember UK Chancellor George Osborne publicising himself buying bitcoin at an ATM? The FCA made ATMs illegal.Remind me. Who voted for the FCA? Or indeed Ofcom? Or Ofsted?Why do these bodies have such extraordinary power?It's enough to make you a libertarian.In any case, we now have this situation of extraordinary pent-up demand, built up over many years, with hundreds of billions of pounds in ISAs and pensions wanting exposure. The result is this insane volatility in UK bitcoin treasury companies.Smarter Web Company (AQUS:SWC) went from 2.5p to above 600p, giving it a market cap over a billion. It has just £45 million in assets. Great work, FCA.Today it's sitting just below 300p.Japan has similarly prohibitive anti-bitcoin regulations, and has thereby created the market leader in this second wave of bitcoin treasury companies, Metaplanet (3350:TYO). (Strategy (NASDAQ:MSTR) was the leader in phase one.)The Japanese company announced this week that it has raised another $500 million, with which it is going to pay down its 0% debt and buy more bitcoins. Why is it paying down its debt? Presumably to clean up its balance sheet so it can raise further capital on better terms to buy more bitcoin (it has targeted 1% of total supply, which would be 210,000 bitcoin). The Japanese market is starved of bitcoin access. Metaplanet is exploiting this situation.Despite a flat bitcoin price, there was a worldwide sell-off of treasury companies starting on Monday. The sell-off coincided, as these things always seem to, with coverage in the mainstream press. In this case, the Mail marked the top with a piece on the Smarter Web Company.Pretty much all the treasury sh1tcos are now down 50–70%. Is that it? Game over? Or was that just phase one?I've seen this play out many times over the years. I've seen it with uranium sh1tcos in 2006, gold junkcos, silver rubbishcos, graphite flybynights, helium hotaircos and moreIt doesn't take a genius to work out where all this is going, and a lot of people are going to make a lot of money. A lot more are going to lose a lot of money. These things are not necessarily going to zero - they will have bitcoin on their balance sheet. But when bitcoin has one of its biennial corrections, they are going to get crucified.But we are also going to see a new corporate model emerge as a result.It's dotcom, basically. But which companies will be the Amazons and Microsofts? And which are Pets.com and ClickMango?Every day we are hearing news of another company “pivoting” - who invented that awful word? - into a bitcoin treasury company. It is all happening very quickly.Here's a list of the UK companies getting in on the game. Then we will look at what to do next .Meet the Players. Should I say, '‘Monkeys”?In addition to Smarter Web Company (AQUIS:SWC) and Coinsilium (AQUIS:COIN) we have:

The Korean War began on June 25, 1950, when North Korean forces invaded South Korea, aiming to unify the peninsula under communist control. The conflict rapidly escalated, prompting a United Nations response led by the United States. When the war started, MacArthur, then Supreme Commander for the Allied Powers in Japan, was overseeing the post-World War II occupation and reconstruction of Japan. In this episode, MacArthur Memorial historians Amanda Williams and Jim Zobel discuss MacArthur's initial response to the war. This episode also includes a bonus Q&A of listener questions that were recorded after the main program. YouTube Version: MacArthur's Initial Response to the Korean WarYouTube Q&A: MacArthur's Initial Response to the Korean War Q&AHave a comment about this episode? Send us a text message! (Note: we can only read the texts, we can't reply) Follow us on:Twitter: @MacArthur1880; @AEWilliamsClarkFacebook: @MacArthurMemorialwww.macarthurmemorial.org

APAC stocks traded stronger following the firm lead from Wall Street, with gains capped as traders were cautious amid the fragility of the Israel-Iran ceasefire.Geopolitical newsflow was relatively light in APAC hours, with no hostile incidents seen between Israel and Iran; “There have been no [US] sanctions lifted on Iran,” said Fox Business' Lawrence, in reference to President Trump's post suggesting China could continue to buy oil from Iran.Fed Chair Powell said they would expect to see meaningful inflation effects from tariffs in June, July, and August. He added that if those effects failed to materialise, it could lead to an earlier rate cut.BoJ board member Tamura said that if upward price risks heightened, the BoJ could face a situation where it would need to raise rates decisively, even if uncertainty remained high, adding that he does not see 0.5% as a barrier for BoJ rate hikes.Fox's Gasparino posted that Team Trump said it was close to announcing a handful of trade deals. The major ones the White House claimed progress on involved Japan, South Korea, and Vietnam.Looking ahead, highlights include US Building Permits, CNB Policy Announcement; NATO Summit, Fed SLR meeting, BoE's Lombardelli, Pill, Greene; Fed's Powell; US President Trump, Supply from Italy, UK, US, and Earnings from General Mills, Paychex, Micron, Babcock.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Fox's Gasparino posted that Team Trump said it was close to announcing a handful of trade deals. The major ones the White House claimed progress on involved Japan, South Korea, and Vietnam.European bourses are mixed in quiet newsflow whilst US futures hold around the unchanged mark.USD looks to claw back recent losses. EUR/USD pulls back from multi-year high.USTs await Powell part 2 and details from the NATO summit; Bunds are pressured and currently towards session lows.Crude bid but still at the trough of recent parameters, metals marginally firmer.Looking ahead, US Building Permits, CNB Policy Announcement; NATO Summit, Fed SLR meeting, BoE's Lombardelli; Fed's Powell; US President Trump, Supply from the US, and Earnings from General Mills, Paychex, Micron.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Today's Headlines: Iran officially retaliated for the U.S. bombing of its nuclear sites by launching missiles at a U.S. base in Qatar—none hit, thanks to Qatari defenses. President Trump thanked Iran for the “early notice” and mocked the attack as “very weak,” while urging oil producers to keep prices down and demanding the Energy Department “DRILL BABY DRILL.” Trump later declared a 12-hour ceasefire between Israel and Iran, claiming the war is over. Reporting revealed he was warned by Iran of potential sleeper cell attacks in the U.S. and used vague public statements to mask his true plans. His decision to strike was reportedly influenced by Fox News coverage and online sentiment, leading one military official to call him the “biggest threat to operational security.” Globally, Iran's foreign minister met with Putin, who condemned the strikes but didn't pledge support. Meanwhile, Russia, China, and Pakistan introduced a UN resolution condemning the U.S., which America is expected to veto. Japan and South Korea pulled out of the NATO summit, citing the Middle East conflict. Domestically, the Supreme Court ruled 6–3 to allow Trump's administration to deport migrants to third countries, and the administration also overrode a federal judge's order to release smuggling suspect Kilmar Abrego Garcia. ICE had already planned to detain him regardless. In finance, FICO announced it will start factoring buy-now-pay-later (BNPL) loans into credit scores, affecting 90+ million Americans—raising concerns over debt risk in an already fragile consumer economy. And nearly 190 million Americans are under heat advisories as a record-breaking “heat dome” grips the US, setting over 360 daily high temp records last week alone. Resources/Articles mentioned in this episode: Axios: No casualties reported after Iran missile attack on U.S. base in Qatar NY Times: How Trump Decided to Strike Iran WSJ: Putin Tells Iranian Envoy U.S. Strikes Weren't Justified AP News: Iran-Israel live updates: Trump says countries agree to ceasefire The New Republic: Countries Ditch NATO Summit After Trump Decision to Bomb Iran AP News: Supreme Court allows Trump to restart swift deportation of migrants away from their home countries NYT: Judge Orders Abrego Garcia Released on Smuggling Charges Before Trial Axios: FICO credit scores to include buy-now-pay-later loans  Axios: Millions at risk amid widespread heat wave Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Quietly, without any fuss, Poland's per capita GDP has matched that of Japan. By the end of the decade they will have, by far, the most powerful armed forces in Europe. Poland has been a bulwark against the east for centuries, and now, in a war of assimilation that has consumed so many European neighbors, the Poles stand resolutely true to their own heritage.

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This week we talk about OPEC, the Seven Sisters, and the price of oil.We also discuss fracking, Israel and Iran's ongoing conflict, and energy exports.Recommended Book: Thirteen Ways to Kill Lulabelle Rock by Maud WoolfTranscriptThe global oil market changed substantially in the early 2000s as a pair of innovations—horizontal drilling and hydraulic fracturing—helped the plateauing US oil and gas market boom, unlocking a bunch of shale oil and gas deposits that were previously either entirely un-utilizable, or too expensive to exploit.This same revolution changed markets elsewhere, too, including places like Western Canada, which also has large shale oil and gas deposits, but the US, and especially the southern US, and even more especially the Permian Basin in Texas, has seen simply staggering boosts to output since those twin-innovations were initially deployed on scale.This has changed all sorts of dynamics, both locally, where these technologies and approaches have been used to tap ever-more fossil fuel sources, and globally, as previous power dynamics related to such resources have been rewired.Case in point, in the second half of the 20th century, OPEC, the Organization of the Petroleum Exporting Countries, which is a predominantly Middle Eastern oil cartel that was founded by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela in 1960, was a dominant force in geopolitics, as they collaboratively set global oil prices, and thus, were able to pull the strings connected to elections, war, and economic outcomes in nations around the world.If oil prices suddenly spiked, that could cause an incumbent leader in a country a hemisphere away to lose their next election, and if anyone threatened one of their number, they could conceivably hold back resources from that country until they cooled down.Before OPEC formed and established their position of primacy in global energy exports, the so-called Seven Sisters corporations, which consisted of a bunch of US and European companies that had basically stepped in and took control of global oil rights in the early 20th century, including oil rights across the Middle East, were the loci of power in this space, controlling about 85% of the world's petroleum reserves as of the early 1970s.That same decade, though, a slew of governments that hosted Seven Sisters facilities and reserves nationalized these assets, which in practice made all these reserves and the means of exploiting them the government's property, and in most cases they were then reestablished under new, government-controlled companies, like Saudi Aramco in Saudi Arabia and the National Iranian Oil Company in Iran.In 1973 and 1979, two events in the Middle East—the Yom Kippur War, during which pretty much all of Israel's neighbors launched a surprise attack against Israel, and the Iranian Revolution, when the then-leader of Iran, the Shah, who was liberalizing the country while also being incredibly corrupt, was overthrown by the current government, the militantly Islamist Islamic Republic of Iran—those two events led to significant oil export interruptions that triggered oil shortages globally, because of how dominant this cartel had become.This shortage triggered untold havoc in many nations, especially those that were growing rapidly in the post-WWII, mid-Cold War world, because growth typically requires a whole lot of energy for all the manufacturing, building, traveling around, and for basic, business and individual consumption: keeping the lights on, cooking, and so on.This led to a period of stagflation, and in fact the coining of the term, stagflation, but it also led to a period of heightened efficiency, because nations had to learn how to achieve growth and stability without using so much energy, and it led to a period of all these coming-out-of-stagflation and economic depression nations trying to figure out how to avoid having this happen again.So while OPEC and other oil-rich nations were enjoying a period of relative prosperity, due in part to those elevated energy prices—after the initial downsides of those conflicts and revolutions had calmed, anyway—other parts of the world were making new and more diversified deals, and were looking in their own backyards to try to find more reliable suppliers of energy products.Parts of the US were already major oil producers, if not at the same scale as these Middle Eastern giants in the latter portion of the 20th century, and many non-OPEC producers in the US, alongside those in Norway and Mexico, enjoyed a brief influx of revenue because of those higher oil prices, but they, like those OPEC nations, suffered a downswing when prices stabilized; and during that price collapse, OPEC's influence waned.So in the 1980s, onward, the previous paradigm of higher oil prices led to a surge in production globally, everyone trying to take advantage of those high prices to invest in more development and production assets, and that led to a glut of supply that lowered prices, causing a lot of these newly tapped wells to go under, a lot of cheating by OPEC members, and all of the more established players to make far less per barrel of oil than was previously possible.By 1986, oil prices had dropped by nearly half from their 1970s peak, and though prices spiked again in 1990 in response to Iraq's invasion of fellow OPEC-member Kuwait, that spike only last about nine months, and it was a lot less dramatic than those earlier, 70s-era spikes; though it was still enough to trigger a recession in the US and several other countries, and helped pave the way for investment in those technologies and infrastructure that would eventually lead to the US's shale-oil and gas revolution.What I'd like to talk about today is the precariousness of the global oil and gas market right now, at a moment of significantly heightened tensions, and a renewed shooting conflict, in the Middle East.—As of the day I'm recording this, the Islamic Republic of Iran is still governing Iran, and that's an important point to make as while Israel's official justification for launching a recent series of attacks against Iran's military and nuclear production infrastructure is that they don't want Iran to make a nuclear weapon, it also seems a whole lot like they might be aiming to instigate regime change, as well.Israel and Iran's conflict with each other is long-simmering, and this is arguably just the most recent and extreme salvo in a conflict dating back to at least 2024, but maybe earlier than that, too, all the way back to the late-70s or early 80s, if you string all the previous conflicts together into one deconstructed mega-conflict. If you want to know more about that, listen to last week's episode, where I got deeper into the specifics of their mutual dislike.Today, though, I'd like to focus on an issue that is foundational to pretty much every other geopolitical and economic happening, pretty much always, and that's energy. And more specifically, the availability, accessibility, and price of energy resources like oil and gas.We've reached a point, globally, where about 40% of all electricity is generated by renewables, like solar panels, wind turbines, and hydropower-generating dams.That's a big deal, and while the majority of that supply is coming from China, and while it falls short of where we need to be to avoid the worst-case consequences of human-amplified climate change, that growth is really incredible, and it's beginning to change the nature of some of our conflicts and concerns; many of the current economic issues between the US and China, these days are focused on rare earths, for instance, which are required for things like batteries and other renewables infrastructure.That said, oil and gas still enable the modern economy, and that's true almost everywhere, even today. And while the US changed the nature of the global oil and gas industries by heavily investing in both, and then rewired the global energy market by convincing many of its allies to switch to US-generated oil and gas, rather than relying on supplies from Russia, in the wake of Russia's invasion of Ukraine a few years ago, a whole lot of these resources still come from at-times quite belligerent regimes, and many of these regimes are located in the Middle East, and belong to OPEC.Iran is one such belligerent regime.As of 2025, Iran is the 9th largest producer of oil in the world, and it holds 24% of the Middle East's and about 12% of the world's proven oil reserves—that's the total volume of oil underground that could be pumped at some point. It's got the world's 3rd largest proven crude oil reserves and it exports about 2 million barrels of crude and refined oil every day. It also has the world's second-largest proven natural gas reserves.Iran isn't as reliant on oil and gas exports as some of its neighbors, but it still pulled in about $53 billion in net oil exports each year as of 2023; which is a lot less than what it could be making, as international sanctions have made it difficult for Iran to fully exploit its reserves. But that's still a huge chunk of its total income.This is important to note because Israel's recent series of attacks on Iran, in addition to taking out a lot of their military leaders, weapons manufacturing facilities, and nuclear research facilities, have also targeted Iran's oil and gas production and export capacity, including large gas plants, fuel depots, and oil refineries, some located close to Tehran in the northern part of the country, and some down on its southwestern coast, where a huge portion of Iran's gas is processed.In light of these attacks, Iran's leaders have said they may close the Strait of Hormuz, though which most of their exports pass—and the Strait of Hormuz is the only marine entryway into the Persian Gulf; nearly 20% of all globally consumed oil passes through this 90-mile-wide stretch of water before reaching international markets; it's a pretty vital waterway that Iran partially controls because its passes by its southern coast.Fuel prices already ticked up by about 9% following Israel's initial strikes into Iran this past week, and there's speculation that prices could surge still-higher, especially following US President Trump's decision to strike several Iran nuclear facilities, coming to Israel's aide, as Israel doesn't possess the ‘bunker-buster' bombs necessary to penetrate deep enough into the earth to damage or destroy many of these facilities.As of Monday this week, oil markets are relatively undisrupted, and if any export flows were to be upset, it would probably just be Iran's, and that would mostly hurt China, which is Iran's prime oil customer, as most of the rest of the world won't deal with them due to export sanctions.That said, there's a possibility that Iran will decide to respond to the US coming to Israel's aid not by striking US assets directly, which could pull the US deeper into the conflict, but instead by disrupting global oil and gas prices, which could lead to knock-on effects that would be bad for the US economy, and the US's relationships with other nations.The straightest path to doing this would be to block the Strait of Hormuz, and they could do this by positioning ships and rocket launchers to strike anything passing through it, while also heavily mining the passage itself, and they've apparently got plenty of mines ready to do just that, should they choose that path.This approach has been described by analysts as the strategic equivalent of a suicide bombing, as blocking the Strait would disrupt global oil and gas markets, hurting mostly Asia, as China, India, South Korea, Japan, and other Asian destinations consume something like 80% of the oil that passes through it, but that would still likely raise energy prices globally, which can have a lot of knock-on effects, as we saw during those energy crises I mentioned in the intro.It would hurt Iran itself more than anyone, though, as almost all of their energy products pass through this passage before hitting global markets, and such a move could help outside entities, including the US, justify further involvement in the conflict, where they otherwise might choose to sit it out and let Israel settle its own scores.Such energy market disruption could potentially benefit Russia, which has an energy resource-reliant economy that suffers when oil and gas prices are low, but flourishes when they're high. The Russian government probably isn't thrilled with Israel's renewed attacks on one of its allies, but based on its lack of response to Syria's collapse—the former Syrian government also being an ally of Russia—it's possible they can't or won't do much to directly help Iran right now, but they probably wouldn't complain if they were suddenly able to charge a lot more per barrel of oil, and if customers like China and India were suddenly a lot more reliant on the resources they're producing.Of course, such a move could also enrich US energy companies, though potentially at the expense of the American citizen, and thus at the expense of the Trump administration. Higher fuel prices tend to lead to heightened inflation, and more inflation tends to keep interest rates high, which in turn slows the economy. A lot of numbers could go in the opposite direction from what the Trump administration would like to see, in other words, and that could result in a truly bad outcome for Republicans in 2026, during congressional elections that are already expected to be difficult for the incumbent party.Even beyond the likely staggering human costs of this renewed conflict in the Middle East, then, there are quite a few world-scale concerns at play here, many of which at least touch on, and some of which are nearly completely reliant on, what happens to Iran's oil and gas production assets, and to what degree they decide to use these assets, and the channels through which they pass, in a theoretical asymmetric counterstrike against those who are menacing them.Show Noteshttps://archive.is/20250616111212/https://www.reuters.com/world/middle-east/an-overview-irans-energy-industry-infrastructure-2025-02-04/https://www.aljazeera.com/news/2025/6/15/which-iranian-oil-and-gas-fields-has-israel-hit-and-why-do-they-matterhttps://www.aljazeera.com/news/2025/6/17/mapping-irans-oil-and-gas-sites-and-those-attacked-by-israelhttps://www.aljazeera.com/economy/2025/6/13/oil-markets-are-spooked-as-iran-israel-tensions-escalatehttps://archive.is/20250620143813/https://www.bloomberg.com/news/articles/2025-06-20/eu-abandons-proposal-to-lower-price-cap-on-russian-oil-to-45https://apnews.com/article/russia-economy-recession-ukraine-conflict-9d105fd1ac8c28908839b01f7d300ebdhttps://www.nytimes.com/2025/06/22/business/us-iran-oil.htmlhttps://www.bbc.com/news/articles/cvg9r4q99g4ohttps://www.weforum.org/stories/2025/04/clean-energy-electricity-nature-and-climate-stories-this-week/https://archive.is/20250622121310/https://www.ft.com/content/67430fac-2d47-4b3b-9928-920ec640638ahttps://oilprice.com/Energy/Crude-Oil/Oil-Markets-Brace-for-Impact-After-US-Attacks-Iran-Facilities.htmlhttps://www.nytimes.com/2025/06/22/business/energy-environment/iran-oil-gas-markets.htmlhttps://www.eia.gov/todayinenergy/detail.php?id=65504&utm_medium=PressOpshttps://www.nytimes.com/2025/06/22/business/stocks-us-iran-bombing.htmlhttps://en.wikipedia.org/wiki/Big_Oilhttps://en.wikipedia.org/wiki/Fracking_in_Canadahttps://en.wikipedia.org/wiki/Fracking_in_the_United_Stateshttps://en.wikipedia.org/wiki/Petroleum_in_the_United_Stateshttps://en.wikipedia.org/wiki/Shale_gas_in_the_United_Stateshttps://en.wikipedia.org/wiki/Yom_Kippur_Warhttps://en.wikipedia.org/wiki/Iranian_Revolutionhttps://en.wikipedia.org/wiki/1970s_energy_crisishttps://en.wikipedia.org/wiki/1990_oil_price_shockhttps://www.strausscenter.org/energy-and-security-project/the-u-s-shale-revolution/https://archive.is/20250416153337/https://www.reuters.com/business/energy/us-crude-oil-output-peak-by-2027-eia-projects-2025-04-15/https://www.investopedia.com/ask/answers/030415/how-does-price-oil-affect-stock-market.asp This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit letsknowthings.substack.com/subscribe

Last time we spoke about Operation Chahar. In July 1937, the tensions between Japan and China erupted into a full-scale conflict, ignited by the Marco Polo Bridge Incident. Following a series of aggressive Japanese military maneuvers, Chiang Kai-shek, then enjoying a brief respite at Kuling, learned of the escalating clashes and prepared for battle. Confident that China was primed for resistance, he rallied his nation, demanding that Japan accept responsibility and respect China's sovereignty. The Japanese launched their offensive, rapidly capturing key positions in Northern China. Notably, fierce battle ensued in Jinghai, where Chinese soldiers, led by Brigade Commander Li Zhiyuan, valiantly defended against overwhelming forces using guerrilla tactics and direct assaults. Their spirit was symbolized by a courageous “death squad” that charged the enemy, inflicting serious casualties despite facing dire odds. As weeks passed, the conflict intensified with brutal assaults on Nankou. Chinese defenses, though valiant, were ultimately overwhelmed, leading to heavy casualties on both sides. Despite losing Nankou, the indomitable Chinese spirit inspired continued resistance against the Japanese invaders, foreshadowing a long, brutal war that would reshape East Asia.   #156 The Battle of Shanghai Part 1: The Beginning of the Battle of Shanghai Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. On August 9, a bullet riddled sedan screeched to an abrupt halt at the entrance to the Hongqiao airport along Monument Road. The gruesome scene on the dashboard revealed that one of the victims had died in the car. He had been dragged out and subjected to brutal slashing, kicking, and beating until his body was a mangled mess. Half of his face was missing, and his stomach had been cut open, exposing the sickly pallor of his intestines, faintly glimmering in the night. The other man had managed to escape the vehicle but only got a few paces away before he was gunned down. A short distance away lay a third body, dressed in a Chinese uniform. Investigators swiftly identified the badly mangled body as belonging to 27-year-old Sub-Lieutenant Oyama Isao, while the other deceased Japanese man was his driver, First Class Seaman Saito Yozo. The identity of the Chinese victim remained a mystery. At first glance, the scene appeared to be the aftermath of a straightforward shootout. However, numerous questions lingered: What were the Japanese doing at a military airfield miles from their barracks? Who had fired the first shot, and what had prompted that decision? The Chinese investigators and their Japanese counterparts were at odds over the answers to these questions. As they walked the crime scene, searching for evidence, loud arguments erupted repeatedly. By the time the sun began to rise, they concluded their investigation without reaching any consensus on what had transpired. They climbed into their cars and made their way back to the city. The investigators were acutely aware of the repercussions if they failed to handle their delicate task with the necessary finesse. Despite their hopes for peace, it was evident that Shanghai was a city bracing for war. As they drove through the dimly lit suburbs on their way from Hongqiao back to their downtown offices, their headlights illuminated whitewashed trees, interspersed with sandbag defenses and the silhouettes of solitary Chinese sentries. Officially, these sentries were part of the Peace Preservation Corps,  a paramilitary unit that, due to an international agreement reached a few years earlier, was the only Chinese force allowed to remain in the Shanghai area. In the hours that followed, both sides presented their versions of the incident. According to the Chinese account, the Japanese vehicle attempted to force its way through the airport gate. When members of the Peace Preservation Corps stationed at the entrance signaled for Saito, the driver, to stop, he abruptly turned the car around. Sub-Lieutenant Oyama then fired at the Chinese guards with an automatic pistol. Only then did the Chinese return fire, killing Oyama in a hail of bullets. Saito managed to jump out before he, too, was gunned down. The commander of the Chinese guards told a Western reporter that this wasn't the first time someone Japanese had attempted to enter the airport. Such incidents had occurred repeatedly in the past two months, leading them to believe that the Japanese were “obviously undertaking espionage.” The Japanese account, predictably, placed the blame for the entire incident squarely on China. It asserted that Oyama had been driving along a road bordering the airfield with no intention of entering. Suddenly, the vehicle was stopped and surrounded by Peace Preservation Corps troops, who opened fire with rifles and machine guns without warning. Oyama had no opportunity to return fire. The Japanese statement argued that the two men had every right to use the road, which was part of the International Settlement, and labeled the incident a clear violation of the 1932 peace agreement. “We demand that the Chinese bear responsibility for this illegal act,”. Regardless of either side, it seemed likely to everyone in the region, war would soon engulf Shanghai.  Meanwhile, as the Marco Polo Bridge Incident escalated into a full blown in the far north, General Zhang Fakui was attending a routine training mission at Mount Lu in southeastern Jiangxi. A short and small man, not considered too handsome either, Zhang had earned his place in China's leadership through physical courage, once taking a stand on a bridge and single handedly facing down an enemy army. He was 41 years old in 1937, having spent half his life fighting Warlords, Communists and sometimes even Nationalists. In the recent years he had tossed his lot in with a rebel campaign against Chiang Kai-Shek, who surprisingly went on the forgive him and placed him in charge of anti communist operations in the area due south of Shanghai. However now the enemy seemed to have changed.  As the war spread to Beijing, on July 16th, Zhang was sent to Chiang Kai-Shek's summer residence at Mount Lu alongside 150 members of China's political and military elites. They were all there to brainstorm how to fight the Japanese. Years prior the Generalissimo had made it doctrine to appease the Japanese but now he made grandiose statements such as “this time we must fight to the end”. Afterwards Chiang dealt missions to all his commanders and Zhang Fakui was told to prepare for operations in the Shanghai area.  It had been apparent for weeks that both China and Japan were preparing for war in central China. The Japanese had been diverting naval troops from the north to strengthen their forces in Shanghai, and by early August, they had assembled over 8,000 troops. A few days later, approximately thirty-two naval vessels arrived. On July 31, Chiang declared that “all hope for peace has been lost.” Chiang had been reluctant to commit his best forces to defend northern China, an area he had never truly controlled. In contrast, Shanghai was central to his strategy for the war against Japan. Chiang decided to deploy his finest troops, the 87th and 88th Divisions, which were trained by generals under the guidance of the German advisor von Falkenhausen, who had high hopes for their performance against the Japanese. In doing so, Chiang aimed to demonstrate to both his own people and the wider world that the Chinese could and would resist the invader. Meanwhile, Chiang's spy chief, Dai Li, was busy gathering intelligence on Japanese intentions regarding Shanghai, a challenging task given his focus in recent years. Dai, one of the most sinister figures in modern Chinese history, had devoted far more energy and resources to suppressing the Communists than to countering the Japanese. As a result, by the critical summer of 1937, he had built only a sparse network of agents in “Little Tokyo,” the Hongkou area of Shanghai dominated by Japanese businesses. One agent was a pawnshop owner, while the rest were double agents employed as local staff within the Japanese security apparatus. Unfortunately, they could provide little more than snippets, rumors, and hearsay. While some of this information sounded alarmingly dire, there was almost no actionable intelligence. Chiang did not take the decision to open a new front in Shanghai lightly. Built on both banks of the Huangpu River, the city served as the junction between the Pacific Ocean to the east and the great Yangtze River, which wound thousands of kilometers inland to the west. Shanghai embodied everything that represented modern China, from its industry and labor relations to its connections with the outside world. While foreign diplomatic presence was concentrated in nearby Nanjing, the capital, it was in Shanghai that the foreign community gauged the country's mood. Foreigners in the city's two “concession” areas nthe French Concession and the British-affiliated International Settlement often dismissed towns beyond Shanghai as mere “outstations.” Chiang Kai-shek would throw 650,000 troops into the battle for the city and its environs as well as his modest air force of 200 aircraft. Chiang, whose forces were being advised by German officers led by General Alexander von Falkenhausen, was finally confident that his forces could take on the Japanese. A German officer told a British diplomat, “If the Chinese Army follows the advice of the German advisers, it is capable of driving the Japanese over the Great Wall.”   While Chiang was groping in the dark, deprived of the eyes and ears of an efficient intelligence service, he did have at his disposal an army that was better prepared for battle than it had been in 1932. Stung by the experience of previous conflicts with the Japanese, Chiang had initiated a modernization program aimed at equipping the armed forces not only to suppress Communist rebels but also to confront a modern fighting force equipped with tanks, artillery, and aircraft. He had made progress, but it was insufficient. Serious weaknesses persisted, and now there was no time for any remedial action. While China appeared to be a formidable power in sheer numbers, the figures were misleading. On the eve of war, the Chinese military was comprised of a total of 176 divisions, which were theoretically organized into two brigades of two regiments each. However, only about 20 divisions maintained full peacetime strength of 10,000 soldiers and officers; the rest typically held around 5,000 men. Moreover, Chiang controlled only 31 divisions personally, and he could not count on the loyalty of the others. To successfully resist Japan, Chiang would need to rely not only on his military command skills but also on his ability to forge fragile coalitions among Warlord generals with strong local loyalties. Equipment posed another significant challenge. The modernization drive was not set to complete until late 1938, and the impact of this delay was evident. In every category of weaponry, from rifles to field artillery, the Chinese were outmatched by their Japanese adversaries, both quantitatively and qualitatively. Domestically manufactured artillery pieces had shorter ranges, and substandard steel-making technology caused gun barrels to overheat, increasing the risk of explosions. Some arms even dated back to imperial times. A large proportion of the Chinese infantry had received no proper training in basic tactics, let alone in coordinated operations involving armor and artillery. The chief of the German advisory corps was General Alexander von Falkenhausen, a figure hard to rival in terms of qualifications for the role. Although the 58-year-old's narrow shoulders, curved back, and bald, vulture-like head gave him an unmilitary, almost avian appearance, his exterior belied a tough character. In 1918, he had earned his nation's highest military honor, the Pour le Mérite, while assisting Germany's Ottoman allies against the British in Palestine. Few, if any, German officers knew Asia as well as he did. His experience in the region dated back to the turn of the century. As a young lieutenant in the Third East Asian Infantry Regiment, he participated in the international coalition of colonial powers that quelled the Boxer Rebellion in 1900. A decade later, he traveled through Korea, Manchuria, and northern China with his wife, keenly observing and learning as a curious tourist. From 1912 to 1914, he served as the German Kaiser's military attaché in Tokyo. He was poised to put his extensive knowledge to good use in the months ahead. Chiang believed that Shanghai should be the location of the first battle. This decision was heavily influenced by Falkenhausen and was strategically sound. Chiang Kai-shek could not hope to win a war against Japan unless he could unify the nation behind him, particularly the many fractious warlords who had battled his forces repeatedly over the past decade. Everyone understood that the territory Japan was demanding in the far north did not need to be held for any genuine military necessity; it was land that could be negotiated. The warlords occupying that territory were unpredictable and all too willing to engage in bargaining. In contrast, China's economic heartland held different significance. By choosing to fight for the center of the country and deploying his strongest military units, Chiang Kai-shek signaled to both China's warlords and potential foreign allies that he had a vested interest in the outcome.  There were also several operational reasons for preferring a conflict in the Yangtze River basin over a campaign in northern China. The rivers, lakes, and rice paddies of the Yangtze delta were much better suited for defensive warfare against Japan's mechanized forces than the flat plains of North China. By forcing the Japanese to commit troops to central China, the Nationalists bought themselves the time needed to rally and reinforce their faltering defenses in the north. By initiating hostilities in the Shanghai area, Japan would be forced to divert its attention from the northern front, thereby stalling a potential Japanese advance toward the crucial city of Wuhan. It would also help safeguard potential supply routes from the Soviet Union, the most likely source of material assistance due to Moscow's own animosity toward Japan. It was a clever plan, and surprisingly, the Japanese did not anticipate it. Intelligence officers in Tokyo were convinced that Chiang would send his troops northward instead. Again in late July, Chiang convened his commanders, and here he gave Zhang Fukai more detailed instructions for his operation. Fukai was placed in charge of the right wing of the army which was currently preparing for action in the metropolitan area. Fukai would oversee the forces east of the Huangpu River in the area known as Pudong. Pudong was full of warehouses, factories and rice fields, quite precarious to fight in. Meanwhile General Zhang Zhizhong, a quiet and sickly looking man who had previously led the Central Military Academy was to command the left wing of the Huangpu. All of the officers agreed the plan to force the battle to the Shanghai area was logical as the northern region near Beijing was far too open, giving the advantage to tank warfare, which they could not hope to contest Japan upon. The Shanghai area, full of rivers, creaks and urban environments favored them much more. Zhang Zhizhong seemed an ideal pick to lead troops in downtown Shanghai where most of the fighting would take place. His position of commandant of the military academy allowed him to establish connections with junior officers earmarked for rapid promotion. This meant that he personally knew the generals of both the 87th and 88th Divisions, which were to form the core of Zhang Zhizhong's newly established 9th Army Group and become his primary assets in the early phases of the Shanghai campaign. Moreover, Zhang Zhizhong had the right aggressive instincts. He believed that China's confrontation with Japan had evolved through three stages: in the first stage, the Japanese invaded the northeast in 1931, and China remained passive; in the second stage, during the first battle of Shanghai in 1932, Japan struck, but China fought back. Zhang argued that this would be the third stage, where Japan was preparing to attack, but China would strike first.   It seems that Zhang Zhizhong did not expect to survive this final showdown with his Japanese adversary. He took the fight very personally, even ordering his daughter to interrupt her education in England and return home to serve her country in the war. However, he was not the strong commander he appeared to be, as he was seriously ill. Although he never disclosed the true extent of his condition, it seemed he was on the verge of a physical and mental breakdown after years in high-stress positions. In fact, he had recently taken a leave of absence from his role at the military academy in the spring of 1937. When the war broke out, he was at a hospital in the northern port city of Qingdao, preparing to go abroad for convalescence. He canceled those plans to contribute to the struggle against Japan. When his daughter returned from England and saw him on the eve of battle, she was alarmed by how emaciated he had become. From the outset, doubts about his physical fitness to command loomed large. At 8:30 a.m. on Tuesday, August 10, a group of officers emerged from the Japanese Consulate along the banks of the Huangpu River. This team was a hastily assembled Sino-Japanese joint investigation unit tasked with quickly resolving the shooting incident at the Hongqiao Aerodrome of the previous night. They understood the urgency of reaching an agreement swiftly to prevent any escalation. As they drove to the airport, they passed armed guards of the Chinese Peace Preservation Corps stationed behind sandbag barricades that had been erected only hours earlier. Upon arriving at Hongqiao, the officers walked up and down the scene of the incident under the scorching sun, attempting to piece together a shared understanding of what had transpired. However, this proved to be nearly impossible, as the evidence failed to align into a coherent account acceptable to both parties. The Japanese were unconvinced that any shootout had occurred at all. Oyama, the officer who had been in the car, had left his pistol at the marine headquarters in Hongkou and had been unarmed the night before. They insisted that whoever shot and killed the man in the Chinese uniform could not have been him. By 6:00 pm the investigators returned to the city. Foreign correspondents, eager for information, knew exactly whom to approach. The newly appointed Shanghai Mayor, Yu Hongjun, with a quick wit and proficiency in English, Yu represented the city's cosmopolitan image. However, that evening, he had little to offer the reporters, except for a plea directed at both the Japanese and Chinese factions “Both sides should maintain a calm demeanor to prevent the situation from escalating.” Mayor Yu however was, in fact, at the center of a complex act of deception that nearly succeeded. Nearly eight decades later, Zhang Fakui attributed the incident to members of the 88th Division, led by General Sun Yuanliang. “A small group of Sun Yuanliang's men disguised themselves as members of the Peace Preservation Corps,” Zhang Fakui recounted years later in his old age. “On August 9, 1937, they encountered two Japanese servicemen on the road near the Hongqiao military aerodrome and accused them of forcing their way into the area. A clash ensued, resulting in the deaths of the Japanese soldiers.” This created a delicate dilemma for their superiors. The two dead Japanese soldiers were difficult to explain away. Mayor Yu, likely informed of the predicament by military officials, conferred with Tong Yuanliang, chief of staff of the Songhu Garrison Command, a unit established after the fighting in 1932. Together, they devised a quick and cynical plan to portray the situation as one of self-defense by the Chinese guards. Under their orders, soldiers marched a Chinese death row inmate to the airport gate, dressed him in a paramilitary guard's uniform, and executed him. While this desperate ruse might have worked initially, it quickly unraveled due to the discrepancies raised by the condition of the Chinese body. The Japanese did not believe the story, and the entire plan began to fall apart. Any remaining mutual trust swiftly evaporated. Instead of preventing a confrontation, the cover-up was accelerating the slide into war.  Late on August 10, Mayor Yu sent a secret cable to Nanjing, warning that the Japanese had ominously declared they would not allow the two deaths at the airport to go unpunished. The following day, the Japanese Consul General Okamoto Suemasa paid a visit to the mayor, demanding the complete withdrawal of the Peace Preservation Corps from the Shanghai area and the dismantling of all fortifications established by the corps. For the Chinese, acquiescing to these demands was nearly impossible. From their perspective, it appeared that the Japanese aimed to leave Shanghai defenseless while simultaneously bolstering their own military presence in the city. Twenty vessels, including cruisers and destroyers, sailed up the Huangpu River and docked at wharves near "Little Tokyo." Japanese marines in olive-green uniforms marched ashore down the gangplanks, while women from the local Japanese community, dressed in kimonos, greeted the troops with delighted smiles and bows to the flags of the Rising Sun that proudly adorned the sterns of the battleships. In fact, Japan had planned to deploy additional troops to Shanghai even before the shooting at Hongqiao Aerodrome. This decision was deemed necessary to reinforce the small contingent of 2,500 marines permanently stationed in the city. More troops were required to assist in protecting Japanese nationals who were being hastily evacuated from the larger cities along the Yangtze River. These actions were primarily defensive maneuvers, as the Japanese military seemed hesitant to open a second front in Shanghai, for the same reasons that the Chinese preferred an extension of hostilities to that area. Diverting Japanese troops from the strategically critical north and the Soviet threat across China's border would weaken their position, especially given that urban warfare would diminish the advantages of their technological superiority in tanks and aircraft. While officers in the Japanese Navy believed it was becoming increasingly difficult to prevent the war from spreading to Shanghai, they were willing to give diplomacy one last chance. Conversely, the Japanese Army was eager to wage war in northern China but displayed little inclination to engage in hostilities in Shanghai. Should the situation worsen, the Army preferred to withdraw all Japanese nationals from the city. Ultimately, when it agreed to formulate plans for dispatching an expeditionary force to Shanghai, it did so reluctantly, primarily to avoid accusations of neglecting its responsibilities. Amongst many commanders longing for a swift confrontation with Japan was Zhang Zhizhong. By the end of July, he was growing increasingly impatient, waiting with his troops in the Suzhou area west of Shanghai and questioning whether a unique opportunity was being squandered. On July 30, he sent a telegram to Nanjing requesting permission to strike first. He argued that if Japan were allowed to launch an attack on Shanghai, he would waste valuable time moving his troops from their position more than 50 miles away. Nanjing responded with a promise that his wishes would be fulfilled but urged him to exercise patience: “We should indeed seize the initiative over the enemy, but we must wait until the right opportunity arises. Await further orders.” That opportunity arose on August 11, with the Japanese display of force on the Huangpu River and their public demand for the withdrawal of China's paramilitary police. Japan had sufficiently revealed itself as the aggressor in the eyes of both domestic and international audiences, making it safe for China to take action. At 9:00 p.m. that evening, Zhang Zhizhong received orders from Nanjing to move his troops toward Shanghai. He acted with remarkable speed, capitalizing on the extensive transportation network in the region. The soldiers of the 87th Division quickly boarded 300 trucks that had been prepared in advance. Meanwhile, civilian passengers on trains were unceremoniously ordered off to make room for the 88th Division, which boarded the carriages heading for Shanghai. In total, over 20,000 motivated and well-equipped troops were on their way to battle.  On August 12, representatives from the United Kingdom, France, the United States, Italy, Japan, and China gathered for a joint conference in Shanghai to discuss ceasefire terms. Japan demanded the withdrawal of Chinese troops from Shanghai, while the Chinese representative, Yu Hung-chun, dismissed the Japanese demand, stating that the terms of the ceasefire had already been violated by Japan. The major powers were keen to avoid a repeat of the January 28 Incident, which had significantly disrupted foreign economic activities in Shanghai. Meanwhile, Chinese citizens fervently welcomed the presence of Chinese troops in the city. In Nanjing, Chinese and Japanese representatives convened for the last time in a final effort to negotiate. The Japanese insisted that all Peace Preservation Corps and regular troops be withdrawn from the vicinity of Shanghai. The Chinese, however, deemed the demand for a unilateral withdrawal unacceptable, given that the two nations were already engaged in conflict in North China. Ultimately, Mayor Yu made it clear that the most the Chinese government would concede was that Chinese troops would not fire unless fired upon. Conversely, Japan placed all responsibility on China, citing the deployment of Chinese troops around Shanghai as the cause of the escalating tensions. Negotiations proved impossible, leaving no alternative but for the war to spread into Central China. On that same morning of Thursday, August 12, residents near Shanghai's North Train Station, also known as Zhabei Station, just a few blocks from "Little Tokyo," awoke to an unusual sight: thousands of soldiers dressed in the khaki uniforms of the Chinese Nationalists, wearing German-style helmets and carrying stick grenades slung across their chests. “Where do you come from?” the Shanghai citizens asked. “How did you get here so fast?” Zhang Zhizhong issued detailed orders to each unit under his command, instructing the 88th Division specifically to travel by train and deploy in a line from the town of Zhenru to Dachang village, both located a few miles west of Shanghai. Only later was the division supposed to advance toward a position stretching from the Zhabei district to the town of Jiangwan, placing it closer to the city boundaries. Zhang Zhizhong was the embodiment of belligerence, but he faced even more aggressive officers among his ranks. On the morning of August 12, he was approached by Liu Jingchi, the chief of operations at the Songhu Garrison Command. Liu argued that the battle of 1932 had gone poorly for the Chinese because they had hesitated and failed to strike first. This time, he insisted, should be different, and Zhang should order an all-out assault on the Japanese positions that very evening. Zhang countered that he had clear and unmistakable orders from Chiang Kai-shek to let the Japanese fire first, emphasizing the importance of maintaining China's image on the world stage. “That's easy,” Liu retorted. “Once all the units are deployed and ready to attack, we can just change some people into mufti and send them in to fire a few shots. We attack, and simultaneously, we report that the enemy's offensive has begun.” Zhang Zhizhong did not like this idea. “We can't go behind our leader's back like that,” he replied. Zhang Zhizhong's position was far from enviable. Forced to rein in eager and capable officers, he found himself acting against his own personal desires. Ultimately, he decided to seek the freedom to act as he saw fit. In a secret cable to Nanjing, he requested permission to launch an all-out attack on the Japanese positions in Shanghai the following day, Friday, August 13. He argued that this was a unique opportunity to capitalize on the momentum created by the movement of troops; any further delay would only lead to stagnation. He proposed a coordinated assault that would also involve the Chinese Air Force. However, the reply from Chiang Kai-shek was brief and unwavering: “Await further orders.” Even as Chiang's troops poured into Shanghai, Chinese and Japanese officials continued their discussions. Ostensibly, this was in hopes of reaching a last-minute solution, but in reality, it was a performance. Both sides wanted to claim the moral high ground in a battle that now seemed inevitable. They understood that whoever openly declared an end to negotiations would automatically be perceived as the aggressor. During talks at the Shanghai Municipal Council, Japanese Consul General Okamoto argued that if China truly wanted peace, it would have withdrawn its troops to a position that would prevent clashes. Mayor Yu responded by highlighting the increasing presence of Japanese forces in the city. “Under such circumstances, China must adopt such measures as necessary for self-defense,” he stated. Late on August 13, 1937, Chiang Kai-shek instructed his forces to defend Shanghai, commanding them to "divert the enemy at sea, secure the coast, and resist landings."  I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. In July 1937, tensions between Japan and China escalated into war following the Marco Polo Bridge Incident. Confident in his country's resolve, Chiang Kai-shek rallied the Chinese against Japanese aggression. On August 9, a deadly confrontation at Hongqiao Airport resulted in the deaths of Japanese soldiers, igniting further hostilities. As both sides blamed each other, the atmosphere became tense. Ultimately, negotiations failed, and the stage was set for a brutal conflict in Shanghai, marking the beginning of a long and devastating war.

We start with Frank Christ presents They're Fine, Just Fine. After that, Kerry joins us from Japan and award Boner of the Day. Then we take your calls with Hello Yeah What, just before we challenge a listener to Beat Gina. And of course, we finish with the Boner Recap and news.

NHK WORLD RADIO JAPAN - English News at 23:00 (JST), June 24

NHK WORLD RADIO JAPAN - English News at 03:00 (JST), June 25

Customer Experience as the Ultimate Global Differentiator  Shep interviews Katherine Melchior Ray, a professor at UC Berkeley, brand expert, and author. She talks about her book Brand Global, Adapt Local, and how brands can build value by understanding and personalizing experiences across different cultures and regions.  This episode of Amazing Business Radio with Shep Hyken answers the following questions and more:    How can cultural differences impact customer service interactions?  What role does personalization play in enhancing the customer experience across different cultures?  Why is it essential to understand local cultural perceptions when building brand value?  How can businesses strike a balance between global brand consistency and local cultural adaptation?  What impact does the country of origin have on storytelling for brands?  Top Takeaways:    Understanding cultural diversity builds brand value. Different countries and cities may host a variety of cultures and nationalities where diverse preferences and customer expectations coexist. By embracing these differences, businesses can tailor customer experiences to fit cultural nuances and serve diverse markets better.   Customer experience is a global differentiator. Brands can no longer rely solely on product quality or price alone. The way brands engage with and serve their customers has a significant impact on their success.   Personalization isn't just for luxury brands. Even small daily purchases, such as a cup of coffee, can be personalized to enhance customer satisfaction. Understanding customer preferences helps brands build confidence and provide a greater value than just the product itself.   Storytelling is an essential part of creating brand value because it shapes how customers perceive a brand's origins, identity, and purpose.   Understanding cultural context is important because what resonates in one region may not be as meaningful or attractive elsewhere. Brands need to strike a balance between having a consistent global message and being flexible in the experience they create to adapt to different markets' perceptions.  Trust and brand loyalty are strengthened when businesses prioritize understanding their customers' cultural backgrounds and nuances. This communicates to the customer that they are valued as individuals, not just as transactions.   Cultural dynamics evolve, so it is essential for brands to continually learn from diverse international markets and keep up with customer preferences.   Plus, Katherine shares some interesting nuances in customer interactions from countries such as Japan, Singapore, Italy, France, the United Kingdom, and more. Tune in!  Quote:   "The skills we learn to work across explicitly different cultures are the skills that we can use to embrace diversity in our own country."  About:    Katherine Melchior Ray, an educator at UC Berkeley Haas School of Business, brand expert, and co-author of Brand Global, Adapt Local: How to Build Brand Value Across Cultures. She has worked with some of the world's biggest brands, including Nike, Nordstrom, Louis Vuitton, Gucci, Hyatt, Shiseido, and Babbel.    Shep Hyken is a customer service and experience expert, New York Times bestselling author, award-winning keynote speaker, and host of Amazing Business Radio.   Learn more about your ad choices. Visit megaphone.fm/adchoices

Unfortunately, the only real long-term solution to this is genuine fiscal austerity and debt repudiation.Original article: https://mises.org/mises-wire/japans-price-inflation-rises-its-central-bank-has-fewer-options

Shoot us a Text.Episode #1078: Today we're talking stormy shareholder meetings at Nissan, the EV factory tours drawing crowds in China, and the Gen Z men getting caught outsourcing their work to AI.Show Notes with links:Nissan's new CEO Ivan Espinosa faced intense scrutiny from investors at his first annual shareholders' meeting as he moves forward with a bold restructuring plan and ends Renault's board influence.Espinosa replaces ousted CEO Makoto Uchida, part of a March leadership overhaul aimed at reviving a struggling Nissan.Longtime partner Renault lost direct influence as its board reps, including Chairman Jean-Dominique Senard, were removed—marking a clear shift toward Nissan independence.Shareholders grilled Espinosa on governance, executive pay, and the automaker's U.S. and Japan strategy.Nissan plans to cut 20,000 jobs, shut 7 factories, and save ¥500B ($3.46B) by March 2028.It projects a ¥200B ($1.38B) Q1 loss, including ¥450B ($3B) in expected U.S. tariff hits.One attendee described the Q&A as “stormy,” saying Espinosa was “smooth and fluent… but equivocated without substance.”EV factory tours have become a cultural sensation in China, with tens of thousands scrambling each month for a glimpse behind the robotic curtain of brands like Xiaomi and Nio.Xiaomi Auto's factory receives over 27,000 applications per night for limited tour slots, offering racetrack test drives and now souvenirs.Nio drew 130,000 visitors last year; several other automakers are jumping on board.What began as three monthly tours at Xiaomi has expanded to weekday and weekend offerings for over 1,100 visitors.Visitors describe vast facilities with “only a handful of workers” as robots handle most of the labor.“It offers a chance to not only see the production line up close, but also experience the human side of the brand,” said analyst Freya Zhang.A new survey reveals that while AI boosts Gen Z productivity, a surprising number—especially men—are bending the rules by passing off AI work as their own.40% of Gen Z men admitted to submitting AI-generated work as their own; only 20% of women did the same.Nearly 1 in 3 Gen Z workers have knowingly broken company policy using AI and 30% say they've created fake work with AI to appear more productive.42% of Gen Z men say they worry AI could replace them at work—compared to just 33% of women.23% of men said they couldn't do their job without AI; only 14% of women felt that way.Eva Chan, career expert at Resume Genius, “The concern is workers start outsourcing not just tasks, but their judgment, confidence, and even their voice.”Join Paul J Daly and Kyle Mountsier every morning for the Automotive State of the Union podcast as they connect the dots across car dealerships, retail trends, emerging tech like AI, and cultural shifts—bringing clarity, speed, and people-first insight to automotive leaders navigating a rapidly changing industry.Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/

Send us a textBoxing's explosive moments take center stage as we break down Richardson Hitchins' career-defining performance against George Kambosos. Hitchins showcased a flawless jab combined with unexpected body work that ultimately secured his impressive eighth-round stoppage of the tough Australian former champion. While Kambosos showed heart despite defeat, we discuss what's next for him now that he's now lost many high-profile bouts.The conversation shifts to perhaps the most electrifying moment in boxing recently: Brian Norman Jr.'s spectacular knockout in Japan that instantly went viral. This finish wasn't just visually stunning—it demonstrated Norman's fighting IQ and vicious power against a legitimate opponent. We explore how this performance immediately elevated his standing in the welterweight division and sparked conversations about potential matchups with other rising stars.The Jahi "TAC" Tucker vs. Lorenzo "Truck" Simpson bout delivered everything boxing fans crave—genuine animosity, contrasting styles, and non-stop action. Tucker's unique approach—elusive yet aggressive—proved effective against Simpson's methodical counter-punching. This fight exemplified what boxing promotion should aspire to: build compelling storylines around real rivalries that connect with audiences beyond hardcore fans.The show closes out with takes on the recent Canelo vs. Crawford press conference, Jake Paul vs JCC Jr. fight and much more boxing debauchery. THE SPAR-INN ON YOUTUBE

S&P futures are pointing to a strong open today, up +0.7% following the de-escalation signals in the Middle East. European equity markets are surging in early trades with the German DAX up +1.8% and STOXX 600 up +1.2%. Asian markets also closed sharply higher today with notable performances in Greater China and Japan. Israel and Iran have agreed to a ceasefire, confirmed by Israeli Prime Minister Benjamin Netanyahu, marking an end to hostilities after initial confusion over timing. The White House stated the agreement includes a 12-hour ceasefire, after which the war will be considered ended if calm persists. Companies Mentioned: Meta, First Financial Bancorp, Westfield Bancorp

Arcadian Vanguard Presents The Wrestling News Your Daily Wrestling Newscast For Tuesday, June 24, 2025 In this report: – WWE Night Of Champions news – WWE Raw – Ratings news – Japan news Subscribe today to The Wrestling News, wherever you find your favorite podcasts. No Clickbait. No Paywall. Just The Wrestling News. The Wrestling … Continue reading Tuesday, June 24, 2025 → The post Tuesday, June 24, 2025 appeared first on The Wrestling News.

Unfortunately, the only real long-term solution to this is genuine fiscal austerity and debt repudiation.Original article: https://mises.org/mises-wire/japans-price-inflation-rises-its-central-bank-has-fewer-options

AP correspondent Charles de Ledesma reports Japan's army has announced that it has conducted a missile test for the first time on Japanese territory.

This investor used his primary residence to build a $6,000/month rental property portfolio—helping him semi-retire, cut his workload in half, and generate a sizable income stream outside his job. And he did it with affordable, small multifamily rental properties that he still buys in today's market, all while working a demanding schedule that required his attention 24/7, 40 weeks per year. Bill Price has worked as a sound engineer for some of the music industry's biggest names. He's toured with Justin Bieber, Weezer, and Third Eye Blind (among many more), working intensive hours on global tours. But, in the background, when he was off the road, Bill was building an intentional real estate portfolio to replace his income. Today, less than a decade after buying his first true rental, he's working just 16 weeks per year instead of 40. Bill made some mistakes and some BIG bets that paid off. We're talking terrible tenants, eviction notices, bird cages, dog droppings, and flooded basements. But, through it all, Bill says it was well worth it, as 90% of his rental property investing career has been buying deals and collecting checks. If Bill can manage a rental portfolio while touring in Japan and setting up an impromptu skate park for Justin Bieber, why can't you? In This Episode We Cover How to cut your workload in HALF with a small, cash-flowing rental property portfolio  Turning your primary residence into multiple rental properties so you can scale faster  A big eviction mistake that cost Bill months of time with a bad tenant  Doing a BRRRR (Buy, Rehab, Rent, Refinance, Repeat)? Why you should run your numbers as a flip, too Why you should tell EVERYONE within your circle that you buy rental properties! And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1138 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

When is a prince not a prince? When he's a frog or a snake! Diamond Feit, Christa Lee, and npckc laud one of Nintendo's lesser-known games outside of Japan, The Frog For Whom The Bell Tolls. Retronauts is made possible by listener support through Patreon! Support the show to enjoy ad-free early access, better audio quality, and great exclusive content. Learn more at http://www.patreon.com/retronauts 

(0:00) WELCOME TO THE SHOW(0:35) Tyler's parents meet Tyler's in-laws(1:27) Breaking down Bo Bassett's de-commitment from Iowa(4:50) Why did Bo Bassett de-commit?(7:55) Melvin Miller takes Iowa off school list(13:05) Bo Bassett's top 3 school list(13:50) How does Bassett fit at Penn State, OK State, and Nebraska?(18:15) Are Bo and Melvin a package deal?(20:15) Breaking down Iowa's recruiting(27:55) Is Tom Brands on the hot seat?(36:40) Will Iowa State beat Iowa this year?(41:50) 149-Pound quarter-century team finalists(47:55) Japan's 2025 Men's Freestyle world team is set(52:40) Questions from friends! Learn more about your ad choices. Visit megaphone.fm/adchoices

At Blister Summit 2025, we brought together some legends of snowsports — Hoji, Marcus Caston, Nick Russell, & Chris Davenport — to have them share some life updates; their best mountain-town (and relationship) advice; trip reports and travel stories; and more.Note: We Want to Hear From You! We'd love for you to share with us the stories or topics you'd like us to cover next month on Reviewing the News; ask your most pressing mountain town advice questions, or offer your hot takes for us to rate. You can email those to us at info@blisterreview.comRELATED LINKS:Get Covered: BLISTER+TOPICS & TIMES:New BLISTER+ Members (1:55)Introductions (2:23)Life Updates (9:58)Riding Groomers with Nick (14:25)Mogul Skiing with Marcus (17:00)Skiing in Japan (18:18)Backcountry Safety (26:17)Dav on Snow Safety w/ the 14er Classics (36:40)Audience questions:Technology / More People in the Backcountry (39:54)Thoughts on / Concerns with the Industry? (42:03)Maintaining Relationships while Traveling for Work (43:59)Having Loved Ones who Worry about Your Safety (47:10)Group Decision Making (50:43)CHECK OUT OUR OTHER PODCASTS:Blister CinematicCRAFTED Bikes & Big IdeasGEAR:30 Hosted on Acast. See acast.com/privacy for more information.

On this week's episode of The One Piece Podcast we go through One Piece Chapter 1152 “A Horrible Day” with Josh McKenzie (OPP contributor and storyboard artist), Vero (OPP contributor and artist) and Delaney Jordan (OPP editor and video essayist)! Next, join Sam and Steve for a double Anime Recap of Episode 1132, “A Pledge to Ginny - Kuma Becomes a Father” and Episode 1133 “To Save His Daughter - Kuma the Timid Pacifist“ We also have our Piece Together segment, where we take your questions, comments, and theories, and a special round of Yaoi Thunderdome! SUBSCRIBE TO US ON PATREON! You can subscribe on Patreon and get access to ad-free episodes and our 800+ episode archive, our exclusive series 4'ced to Watch 4Kids with Steve & Alex, our full-length film OPPJapan, exclusive episodes with our special guests and a lot more. 00:00:00 Introduction 00:10:12 Manga Recap: Chapter 1150;01:39:24 Anime Recap; Episodes 1132 & 1133;02:14:19 Piece Together;02:42:21 Yaoi Thunderdome & To Be Continued…! NEWS & UPDATES Want to know when One Piece is going to end? So does our man in Japan and OPLA live action series advisor Greg Werner! Check out his column “The End of One Piece,” posted exclusively by the OPP! Our video recording of the OPP at City Winery is now LIVE for patrons! You can watch our previous show from April on YouTube here! The OPP is officially British Famous! Read what Zach had to tell the good people of England about One Piece as it lands on BBC iPlayer in “One Piece: From ‘niche within a niche' to global phenomenon” by Samuel Spencer! OPLA! is back for a whole new season! Check out interviews with the cast including Aidan Scott (Helmeppo), Alexander Maniatis (Kuro), Craig Fairbrass (Zeff) and Chioma Umeala (Nojiko)! Don't miss out, subscribe at patreon.com/onepiecepodcast to get the full One Piece Podcast experience!  We have an all new series about the history of 4Kids … as told by the people who were actually there. Check out 4Kids Flashback every Wednesday! Learn more about your ad choices. Visit megaphone.fm/adchoices

FULL VERSION. Filmmaker Doug Roos (BAKEMONO) joins Adam and Joe in the ArieScope studio to discuss his international career journey and shooting his latest film in Japan. From seeing ALIENS at age 6 and falling in love with genre cinema… to his fascination with making his own monsters and starting out with nothing but clear plastic bags and a flashlight… to making his first short film at 12 years old and why 1993's CARNOSAUR was such an inspiration to him… to making films in China before relocating to Japan where he has been living for the last 7 years… to being told “it's too expensive to shoot a movie in Japan” and accepting the statement as a challenge… to learning about the dark side of Tokyo from actor friends and conceiving the idea for BAKEMONO… to how he made the incredible creature effects himself on an extremely limited budget and why he chose to tell the story of BAKEMONO in a “non-linear” structure… to why he waited to crowd fund the film until he already had footage to show the world… to the hurdles of promoting his film through his own efforts and positive word of mouth alone, Doug is an inspiration for anyone out there who is tired of waiting for permission and ready to make their own movie happen. Pick up your own Blu-Ray copy of BAKEMONO here: https://www.allpracticalfx.com/ OR get the fully loaded version (special features, more nudity, more gore) here: https://www.indiegogo.com/projects/new-monster-film-bakemono-no-cgi-horror-movie#/ Don't miss YORKIETHON IX - The Movie Crypt's 9th annual LIVE charity event for Save A Yorkie Rescue - happening July 25th - 27th! With non-stop special guests, live film commentaries, a live script reading, “Arwen's Silent Auction,” and more YORKIETHON is always the podcast event of the year! Watch FREE on ArieScope.com all weekend long!