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Impact on Japanese Economy After Earthquake and Tsunami; Update

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Continue from the articleImpact on Economy after Japanese Earthquake, Tsunami (written on March, 11 2011)
Tokyo Tower, by Sebastien Batardy
March 11, 2011. Now many Japanese consider this day as the black day. The worst day after the nuclear attack on Hiroshima and Nagasaki by the Americans in 1945.
March 11 was the date when Japan was recovering from last year’s economic trouble, everything was going on peacefully with several deals and treaties with western world, India and Russia, Japan was moving ahead, but an 8.9 magnitude earthquake which was later corrected to 9 magnitude on richter scale jolted Japan damaging life and property. Rest was swept away by the triggered tsunami.
But the disaster didn’t stop here. Just after few hours and days of everything which happened reports started coming up of a minor explosion in a nuclear reactor in Fuskushima. Earlier the government tried to cover up the matter, telling the public everything is normal and there is no need of panic. But when the government opened itself and released the news, it was late. This nuclear incidence has now been declared as the highest level emergency on par with Chernobyl Disaster.

“It is now understood that the the impact on the economy of Japan due to the earthquake is much more than how it was expected earlier”, said Kaoru Yosano, Minister for Economic and Fiscal Policy.

According to a recording of a meeting held last month, central bank officials refrained from any discussion on new economic stimulus measures.

Business confidence in the trade sector registered the largest decline in March, since the government began recording this data in 2000.

According to the Analysts of Capital Economics, in the year 2011, Japan’s economy will shrink by 1.5%.


In the month of March, the government of Japan estimated that the impact of the earthquake and tsunami on their economy is as huge as 25,000 billion yen, that is Japan has lost 297.8 billion US dollars in this disaster last month itself. 
In a response, many politicians have been prompted to seek the formation of an economic stimulus package of 20,000 billion yen (or, 238.2 billion US dollars) to bring Japan out of this trouble.

Japanese companies have started liquidating foreign holdings, that is to sell foreign asset and buy more yens, in order to generate capital to pay for the reconstruction work.

Auto manufacturer, Toyota and major electronics manufacturer, Sony, and other foreign countries having their plants in Japan have halted their production. That is a loss to the company as well as the government of Japan.

Toyota and Sony have halted their work. The workers from the plants have been evacuated and international officers and employees have been sent back to their home country for their safety.
29%  of Japan’s electricity comes from these nuclear power plant which have been shut down for safety. Now when Japan is short of 1/4th of its electricity, the progress work has been affected a lot. 
Japan, the third largest economy in the world will come out of this economic disaster soon. This is the hope and prayer of every individual in this world.

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Sanskar Shrivastava is the founder of international students' journal, The World Reporter. Passionate about dynamic occurrence in geopolitics, Sanskar has been studying and analyzing geopolitcal events from early life. At present, Sanskar is a student at the Russian Centre of Science and Culture and will be moving to Duke University.

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How To Take Your Website To The Next Level

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website seo

As a business owner, you are going to be more than familiar with all of the things that you need to keep on top of that help your business see constant growth. However, while you may have a huge list of things that you have to manage, your website probably falls at the bottom of your priorities.

Today, we are going to be taking a look at why your website is so important, how to keep an eye on things and then we are going to see what you can do to really improve things and make your website stand out.

Why Your Website Is Important

While when you first started your business, your website may have been nothing more than simply advertising your company, you should now realise that your website does far more than that.

Today, your website is your storefront and represents everything you do and stand for as a company. Your website should be designed in such a way that it shows any visitor to your website what you do and what you can offer, more than this, it will be able to convey this message quickly.

When it comes to managing your website, you should be looking at the activity of your visitors and taking notice of as many of your metrics as you can. By doing this, you will then be able to really push your website and create something amazing.

Make It User-Friendly

If there is one mistake a lot of people make when it comes to designing a website, it’s usually that it becomes far too complicated and eventually this will put visitors off. While a complex website may look amazing when somebody goes to a website, they want something that is clean and easy to use. 

There are many things you can incorporate into your website to make it more user-friendly. One of the most important things you should be looking at is your online catalogue. Keeping this life and up to date can be challenging, but there is software out there that can do it. If you would like to see how software like this works, this post on magento out of stock products may give you a little more insight.

You should also be looking at website speed and how easy it is to navigate. The truth is, when it comes to making your website user-friendly, there are so many things you can do, so start small and work your way through, before you know it, you will have an amazing website.

Make It Personal

The final thing we are going to look at is personalised experiences for returning visitors. While personalised online shopping isn’t a new concept, it seems that there are still many companies who are yet to embrace it.

If you are looking for something that can really give your website the edge, this could be it. By bringing in a shopping experience that is personal to the visitor, you are appealing to the need for quicker shopping experiences, and you may find that by using this as a part of your website, you start to see your sales figures soar.

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What Every Construction Business Owner Should Be Doing

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building construction

As a construction business owner, you have a lot of moving parts to manage on any given day. There are clients to keep happy and workers who need your guidance staying productive and getting the job done right.

You should be focusing your efforts on a few essential areas if you want to run a successful construction business. If you’re not following through with these recommendations, then you risk letting critical details fall off your radar. Take time to evaluate your current practices and what you can be doing differently and in the future to help grow your business and find success.

Researching Equipment Options

Every construction business owner should be researching equipment prices and options. You’re going to need these items for your projects and can’t be worrying about trying to secure them at the last minute. There might also be logistics requirements you’ll want to figure out ahead of time, depending on the scope of the project. Therefore, look into what products and services the Freo Group has to offer so you can place your order and prepare yourself for your future assignments.

Documenting Project Details

It’s a wise idea to put all you discuss with clients in writing. There will be fewer questions and less confusion when you record the project details for all to see and review. Contracts are an excellent way to ensure that you don’t miss any vital aspects you agreed to and that your clients feel comfortable proceeding with the work. Have a timeline you can follow to help you stay on track with deadlines and inform your customer of any setbacks or delays in your work along the way.

Marketing Your Business Aggressively

Furthermore, every construction business owner should be marketing their business aggressively. If you’re going to be around for years to come, then you need clients who are willing to hire you. You’ll be able to stand apart from your competitors when you use creative marketing tactics and make a name for yourself in your community. Get out and meet people and answer questions that potential customers have for you.

Maintaining A Portfolio

You can also attract clients and drum up more interest in your construction business by having a portfolio of your work. Launch a website that includes these examples and carry an iPad around with you to your appointments so you can show potential clients your past jobs. You want people to see the type of results they should expect when hiring you for a project. It’ll also help them brainstorm ideas of what they might want their final output to look like in the end.

Focusing on Safety

The safety of your workers should be a top priority for you when you work in the construction business. Every owner should be training new employees and ensuring each person wears the right safety hat and equipment when working on the job. Be available and on-site so that your employees can ask you questions when they have them, and you can offer suggestions for improving safety measures, depending on the type of project.

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Dal-Tile and Mohawke Industries involved in legal conflicts in Mexico

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legal dispute

Mohawk Industries Inc., together with Dal-Tile International Inc. (Dal-Tile), have had legal conflicts with the Mexican company Internacional de Cerámica SAB de CV (Interceramic) for several years due to Dal-Tile’s attempt to liquidate the company. Recubrimientos Interceramic SA from C.V. (Coatings), as well as to close the plant that operates in Mexico of said company.

Dal- Tile, and Interceramic are partners in the company Recubrimientos, so the Mexican company did not agree with the liquidation or the closure of the plant. Against this background, the Mohawke Industries subsidiary initiated an international arbitration in the city of Houston, Texas, without respecting the statutes of the association it maintained with Interceramic or the Mexican legislation applicable to this case.

Through legal remedies and lawsuits promoted in Mexican courts, Interceramic managed to suspend the arbitration requested by the U.S. firm.

However, the Mexican company alleges that through illegal resolutions issued by judicial and federal officials, which were allegedly corrupted by Dal-Tile, the process resumed.

Derived from the above, on November 20, 2019, Interceramic filed a criminal complaint with the Attorney General’s Office, against the 10th Judge of the Matilde District of Carmen González Barbosa and of the Judges Ignacio Cuenca Zamora and José de Jesús González Ruiz, officials based in the city of Chihuahua, located in northern Mexico, for possible corruption, influence, and bribery offenses.

The accused officials issued illicit resolutions. They arbitrarily and illegally granted inadmissible and illegal protection in favor of Dal-Tile. They are violating the elementary principles of the amparo, jurisprudence and the Constitution itself. It is only explainable that occurred under the commission of the crimes of corruption and trafficking influences. This will be the subject of a criminal investigation by the Treasury so that the necessary evidence is collected to bring the case before a Criminal Judge Federal.

Similarly, the Attorney General’s Office was requested to investigate the existence of a family network within the Federal Courts and Tribunals based in the city of Chihuahua. In which through the imputed magistrates Ignacio Cuenca Zamora and José by Jesús González Ruiz, the District Judges, and other Magistrates can be lobbied, managed or pressured so that through some payment favorable rulings are obtained. 

Proof of this is that the defendants have placed direct family members in positions of other Magistrates through the traffic of influences and/or pressures exerted by their high positions. They have children within courts of the same circuit whose names are Alezith and Arístedes, both with the last name González Ruiz, as well as Ignacio Cuenca Roldán.

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