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Posted on Sustainabilitank.info on July 5th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Saturday, July 5, 2008 about the G8 SUMMIT 2008

Space monster attack to upstage worldly woes at G8?

SAPPORO (Kyodo) -  A science-fiction movie targeting the Group of Eight summit next week in Toyako, Hokkaido, will debut in the prefecture’s theaters Saturday, allowing a beast from outer space to wreak havoc on world leaders.

Cinematic relief: Girara, a monstrous beast from outer space, wreaks havoc on Sapporo in a scene distributed from the movie “Girara no Gyakushu” (”Girara Strikes Back”), which debuts Saturday ahead of the G-8 summit in Hokkaido.
The movie, “Girara no Gyakushu” (”Girara Strikes Back”), is a remake of the 1967 movie “Girara” but with a contemporary parody touch. In the plot, Girara attacks Sapporo while the G8 leaders meet in Toyako. The summit then changes its agenda to contemplate steps to stop Girara, according to the movie’s official Web site.

The movie also includes a scene where the Japanese prime minister, Sanzo Ibe, takes sick leave from the summit after suffering from a bowel problem. Then the G8 chair is taken over by Ibe’s predecessor, Junzaburo Oizumi.

Another scene involves an attempt by a “dictatorial state in the north” to fire a Potedong-55 nuclear missile at the monster.

Director Minoru Kawasaki said he initially conceived the attack taking place in Tokyo but later chose Toyako after it became the G8 venue.

Following the early release in Hokkaido, the movie will show nationwide starting from July 26.

###

Posted on Sustainabilitank.info on July 4th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

We received an e-mail showing how little costs to buy gasoline (in German called Benzin) and diesel fuel if you live in a so called developing oil-exporting country or in the USA

Date: July 4, 2008

1 Liter = 0.264174 gal (US Liq)
US$ 1 = Euro 1.5682 as of 7/4/2008

The Austrian e-mail evokes the following list. We went then and looked up other countries and found that Austria is actually a bargain when compared to other developed economies.

The Austrian 1.32 Euro/liter is 2.16 times what the complaining American sissies are paying, but only 78.7% of what Norwegians are paying or 80.7% of what the Dutch are paying.

On the other hand Japan at 0.99 Euro/liter is another chaeap-shot so is Canada at 0.88 Euro/liter.

And you know already what we think? Those that pay more for their gasoline have also decreased their dependence on oil by efficiency methods and conservation - they also developed alternatives to oil and have started building the economy of the future. So, it is actually the US that is falling behind while it transfers its funds to the Gulf States hoping that the increased National Debt will devalue the US$ to the point that it remains valueless paper in their hand.The problem is that they do not sit on the money anymore. They actually buy assets with that money - among that buying spree they also buy up chunks of America. So what then? Will they agree to American taxation without representation - or the US will eventually find out that Bush made a Faustian Deal with the US oil companies and with his Arab friends.

Our advice to our Austrian readers is thus - DO NOT COMPLAIN ABOUT THE TAX ON FUEL - BUT MAKE SURE THE MONEY IS USED SO THAT EVENTUALLY YOU WILL HAVE TO BUY LESS OF IT.

The following is what we got in the mail - then look at what we added for the sake of analysis. if our other readers want to get the actual numbers in US dollars, please use the above conversion factors.

BENZINPREISE INTERNATIONAL

Benzin that is Gasoline - but much of the posting is about Diesel - this because in Europe the motor-fuel of choice is high quality Diesel.

Afghanistan Normalbenzin € 0,43

Algerien Diesel € 0,11

Aserbaidschan Diesel € 0,31

Ägypten Diesel € 0,14

Ãthiopien Super € 0,24

Bahamas Diesel € 0,25

Bolivien Super € 0,25

Brasilien Diesel € 0,54

China Normal € 0,45

Ecuador Normal € 0,24

Ghana Normal € 0,09 !!!!!!!

Grönland Super € 0,50

Guyana Normal € 0,67

Hong Kong Diesel € 0,84

Indien Diesel € 0,62

Indonesien Diesel € 0,32

Irak Super € 0,60

Kasachstan Diesel € 0,44

Katar Super € 0,15

Kuwait Super € 0,18

Kuba Normal € 0,62

Libyen Diesel € 0,08 !!!!!!!

Malaysia Super € 0,55

Mexico Diesel € 0,41

Moldau Normal € 0,25

Oman Super plus € 0,20

Peru Diesel € 0,22

Philippinen Diesel € 0,69

Russland Super € 0,64

Saudi Arabien Diesel € 0,07 !!!!!!

Südafrika Diesel € 0,66

Swasiland Super € 0,10 !!!!!!

Syrien Diesel € 0,10 !!!!!

Trinidad Super € 0,33

Thailand Super € 0,65

Tunesien Diesel € 0,49

USA Diesel € 0,61

Venezuela Diesel € 0,07 !!!!!

Vereinigte Arabische Emirate Diesel € 0,18

Vietnam Diesel € 0,55

Weißrussland Diesel € 0,51

EU und dem Finanzminister sei dank ist der Österreicher bzw. Europäer dumm
genug sich abzocken zu lassen (Mineralölsteuer und Mehrwertsteuer auf
Benzin).

Bitte dieses E-Mail weiter zu schicken damit wenigstens einige Leute
erkennen wie stark Österreich geneppt wird.

Benzinpreise auf der eigenen Webseite

And looking at international prices for July 4, 2008 at - http://benzinpreis.de/international.phtm…

Land Normalbenzin in € Superbenzin in € SuperPlus in € Diesel in €

Österreich 1,26 1,29 * 1,28 1,32 *

UK 1,40 1,46 1,50 1,58

Finnland 1,47 1,50 1,50 1,36

Frankreich 1,39 1,34 * 1,44 1,37 *

Irland 1,26 1,26 1,15 1,43

Island 1,35 1,40 1,47 1,50

Israel - 1,05 - -

Italien 1,36 1,46 1,34 1,45

Japan 0,99 1,08 - 0,79

Kanada 0,88 0.87 0.82  0.90

   
   

Neuseeland 1,03 0,97 - 1,46

Niederlande 1,56 1,61 1,69 1,31 **

Norwegen 1,60 1,61 1,46 1,56

Schweden 1,37 1,39 1,36 1,47

Schweiz 1,24 1,21 * 1,23 1,37 *

Ungarn 1,29 1,26 1,20 1,31

###

Posted on Sustainabilitank.info on July 4th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

On photo of rape-seed plants, it says “Biofuels are responsible for 75 percent of recent food price rises, according to a secret World Bank report.”

Food and fuel crises pushing world into ‘danger zone’, says World Bank’s Robert Zoellick.

LEIGH PHILLIPS, for the EUobserver, July 4, 2008.

As the head of the World Bank warns world leaders that the planet is entering the “danger zone” with millions thrown into extreme poverty by the twin food and fuel crises, a leaked report from his organisation shows that biofuels have pushed up global food prices by 75 percent - a much bigger role in the disaster than previously thought.

In a letter to Japanese Prime Minister Yasuo Fukuda, ahead of next week’s G8 summit, and copied to other G8 leaders, World Bank president Robert Zoellick has called on them to act immediately to address the “man-made catastrophe” of soaring food and oil prices.“What we are witnessing is not a natural disaster - a silent tsunami or a perfect storm. It is a man-made catastrophe and as such must be fixed by people,” he said in the letter.

There has been an 82 percent rise in food commodity prices since 2006, with the crisis worsening since April, Mr Zoellick warned.

This has pushed an additional 100 million people worldwide into extreme poverty, he said, noting that some 41 countries have lost three to ten percent of their GDP from rising food, fuel and commodity prices since January 2007. Over 30 countries have been hit by food riots, as the impact of the crisis reaches the household level, said Mr Zoellick.

He described the current situation as an “unprecedented test” for the international community and called on wealthy countries to stump up €6.4 billion ($10 billion) in immediate short-term emergency aid for the countries hardest hit by the crisis.

Over the medium term, an additional €2.2 billion ($3.5 billion) is needed for agricultural supports and social programmes for the poor in a further 50 countries, he said.

Meanwhile, Mr Zoellick’s organisation has produced a confidential report leaked to a UK newspaper that says that the rush for biofuels, particularly by the EU and US, is responsible for 75 percent of the rise in global food prices.

Until now, the US has claimed that biofuels policies have resulted in only three percent of the rise in food prices, while European Union officials have repeatedly claimed their policies have had a “negligable” impact, without attaching any percentage.

Other international institutions have assigned considerably more blame to such policies. The UN Food and Agriculture organisation says that biofuels explain 10 percent of recent price rises.

The International Monetary Fund puts this figure at 30, the same number reached in assessments from the International Food Policy Research Institute.

“Without the increase in biofuels, global wheat and maize stocks would not have declined appreciably and price increases due to other factors would have been moderate,” the report says.

EU and US leaders have argued that it is not biofuels, but rather higher demand from India and China as incomes there rise, alongside increased oil costs and droughts in parts of the world such as Australia.

The World Bank report, produced by Don Mitchell, a senior economist at the institution, argues that emerging economies are not to blame. “Rapid income growth in developing countries has not led to large increases in global grain consumption and was not a major factor responsible for the large price increases,” reads the report, adding that droughts in Australia have had a marginal impact.

Higher energy and fertiliser prices were responsible for an increase of only 15 percent says Mr Mitchell, while biofuels have been responsible for 75 percent of the price rise of 140 percent between 2002 and February 2008.

This happened in three ways, the report explains: the diversion of grain from food to fuel; the encouragement of farmers to set aside land for biofuel production; and the speculation in grains.

The report also says that other estimates of the role of biofuels have come to smaller estimates because they analysed the crisis over a longer period. Mr Mitchell instead studied food price rises month by month.

Separately, international development NGO ActionAid on Tuesday (1 July) published a report that claims that the “biofuels juggernaut” is responsible for leaving some 290 million people hungry or at risk of chronic hunger.

Additionally, on Thursday at a Brussels conference hosted by the French EU presidency, John Holmes, UN undersecretary-general for humanitarian affairs, called on the EU to “look again” at its target that would see biofuels to fuel 10 percent of vehicles by 2020.

www.SustainabiliTank.info has argued for a long time that agricultural-land set-asides were invented to “support” prices of the commodities. The bio-fuels can thus safely be produced from putting back into production those already existing set-asides.

If the World Bank would like to do something for the world’s poor, it would start helping those poor directly with microcredit type of lending rather then seeking out large corporate-based government credit-seekers. Go out and study Malawi - learn how help comes only for those that are ready to help themselves - not their Mugabe kind of despots. Zoelick, Don Mitchell, and George Bush are doing disservice to humanity by not laying bare a reality study and instead talk of symptoms rather then the underlying cancer. US and EU agriculture have caused the destruction of autonomous production in places like Africa - first by underselling them, then by keeping them dependent of “benevolent” hand-outs when teaching to fish is much more important then shipping away free fish. NGOs’ help has also been misconstrued so it makes the philanthropists feel good by having around dependent poor - why in the world don’t you go to Malawi and learn how to make a whole country independent? Why don’t you not simply say to Africa - if you do not get rid of your Mugabes we will not dish food to you anymore. Without your Mugabes we are ready to come help you organize your self-help - and by god - we are really intent to help you this time.

———–

In total 15 EU states (out of 27) have nuclear power plants, accounting for nearly a third of electricity generated in the EU. So, 12 States do not have nuclear plants, but being part of the European grid get their electricity from such plants anyway.
Support for nuclear power in Europe growing, says commission survey
RENATA GOLDIROVA, from Brussels, for the EUobserver, July 3, 2008

Although nuclear energy continues to be a “strongly” divisive subject in the European Union, support for the controversial source of electricity generation has grown “significantly” over the last three years, a new European Commission survey suggests. A “permanent, safe solution” to managing radioactive waste seems to be the decisive factor when it comes to a possible shift in opinion about nuclear energy.

Should such a solution be found to safely storing the waste, some 39 percent of people say they would change their mind about nuclear energy, according to the poll released by the commission on Thursday (3 July). { What about the decommissioning of these plants when time has come for their closing? Do you have any solution for this problem ? }

Dutch, Belgians, Lithuanians, Britons, the French, Slovenians and Finns are the most open to new arguments. Half the opponents in these countries would change their view regarding nuclear energy should a solution to waste be developed.

However, 48 percent of Europeans - mainly in Austria, Greece, Bulgaria, Portugal and Germany - would stick to a firm No irrespective of any solution to waste. Eight percent are convinced there is no solution to be found. The European Commission itself stopped short of saying what a permanent and safe solution should be, saying it instead is promoting expert discussion on the issue.

Brussels has recently set up a high-level group designed to establish common criteria on ways how radioactive waste should be treated. One of the possible methods discussed has been “geological storage facilities”, currently used in Finland, the commission spokesperson said.

He also referred to a piece of EU legislation on radioactive waste that “is still on the table of the council [representing EU capitals] and has not been addressed”.

According to the survey, 93 percent of Europeans say a solution for high level radioactive waste “should be developed now and not left for future generations”.

In general, some 44 percent of Europeans express support for nuclear energy, while a nearly identical number, 45 percent, oppose it. The figures represent quite a shift in views compared to 2005, when 37 percent of people were in favour and 55 percent were against nuclear power.

There is a clear link between the level of citizens’ support and whether their home country operates nuclear power plants. The Czechs, Lithuanians and Hungarians are most in favour.

Currently, 15 EU states have nuclear power plants - something that accounts for nearly a third of the electricity generated in the EU.

The current European Commission, under the leadership of Jose Manuel Barroso, has not shied away from supporting the nuclear path, a controversial option in many parts of Europe. Brussels says that nuclear energy has a role to play in meeting the EU’s growing concerns about security of supply and CO2 emission reductions.

###

Posted on Sustainabilitank.info on July 4th, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Brazil reveals bioplastics plan.

BRASILIA (Kyodo) Friday, July 4, 2008. Brazilian President Luiz Inacio Lula da Silva told Minister of Economy, Trade and Industry Minister Akira Amari on Wednesday that his nation plans to develop bioplastics.

Amari, who met reporters after holding talks with Lula in the Brazilian capital, quoted him as saying that Brazil has lots of oil but wants to develop bioplastics as part of the country’s contribution to the environment.

Unlike typical plastics, which are made from petroleum, bioplastics are produced from biofuels, including ethanol derived from sugar cane.

Lula is expected to explain his country’s environment protection policies when he takes part in the Group of Eight summit in Hokkaido next week.

We Say Bravo To This Non-G8 Organically Developing Future Economic Giant. Is Not Brazil The Ideal New Addition To That Economic Club Now Called G8? 

###

Posted on Sustainabilitank.info on July 3rd, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

For this year’s summit, the G8 has invited China, India, Brazil, Indonesia, South Africa, Mexico, Australia and South Korea to its “outreach” session on climate change.

Apart from the G8’s inability to come up with anything on global warming, some world leaders have questioned the value of the summit’s current framework.

During a meeting with Prime Minister Yasuo Fukuda on June 3, French President Nicolas Sarkozy vehemently argued that the G8 forum should be expanded to include such countries as China and India, according to Japanese diplomats.

British Prime Minister Gordon Brown also appears to be positive about expanding the group, although he has not explicitly discussed it, they said.

Fukuda strongly disagrees, saying the G8 should remain a forum for a small number of states bearing a large responsibility for the international community.

Tokyo fears expanding the meeting would diminish Japan’s clout on the world stage.

“Japan, Germany and Italy are reluctant about expansion. They do not want to weaken the power of the G8 to send out political messages,” said a senior Foreign Ministry in charge of European affairs.

“President Sarkozy is of the opinion that the G8 was originally started as a forum for economic discussions, and talking about economic issues without the participation of the BRICs (Brazil, Russia, India and China) is meaningless. He believes noneconomic issues should be discussed at the U.N. Security Council,” the official said.

But Japan, Germany and Italy are not permanent members of the Security Council and attach greater political value to the G8 forum, the official said.

Another senior Foreign Ministry official argued that expanding the G8 membership would only increase political taboos that member states can’t touch on during the closed-door summit.

For example, adding China would make it impossible to discuss human rights issues and world currency issues related to the yuan, the official said.

Despite speculation that the G8 leaders may discuss the expansion issue in Hokkaido, Japanese officials insist it will not be a formal topic.

“I guarantee that will never be on the formal agenda,” Foreign Minister Masahiko Komura said Tuesday. “None of (the foreign ministers) of the G8 has discussed the issue yet.

At least Japan has not said it wants to expand the G8.”

—–

Really, if they want relevancy, why not create first the United European Group of States Federation or whatever they want to call it, so little States like Italy are not allowed to interfere with the work of the big ones. So - EU, US, Russia, China, India, Japan, Brazil are a good start for a relevant compact G7. Candidates-in-waiting or whatever you want to call it are then - Australia, South Africa, Canada, Indonesia, Korea. 

OK, not to have another upset State - probably the inclusion of Canada could give us the new starting G8.

In any case, it seems that unless Japan gets a seat on the UN Security Council, the G8 will continue to show its irrelevancy for all to see. 

###

Posted on Sustainabilitank.info on July 3rd, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

From:    jeh1 at columbia.edu
Subject: Dear Prime Minister Fukuda
Letter sent to Prime Minister Fukuda before the G8 meeting is at http://www.columbia.edu/~jeh1/mailings/2…

makes some very interesting points about relative parts of coal, oil, and gas in 2007 emissions and their historic part in the present composition of the air, and the various sources of these emissions.

He makes suggestions and asks for Fukuda’s leadership. Please open the above link in order to read Jim Hansen’s intervention to the G8.

###

Posted on Sustainabilitank.info on July 3rd, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

Now it seems that www.SustainabiliTank.info is not out on a limb anymore by saying that this G8 will be about the US$ rather then about the declared topic of climate Change or about Prices of oil and food.

Bloomberg reports now that it is the US Administration’s malaise of the US$ that made the increase in prices something that turns everyone’s head at Washington. The US economy is the worst performer at Hokkaido time among those assembled there, except for Italy - a country that for years was not capable of holding onto a government.

Bloomberg is nice to Washington and does not give the reason for the US$3.8 trillion Bush increase in the countriy’s debt - the ill conceived insistence on being addicted to the oil industry and the continuing war for oil.

Bush’s Dollar Drop Maps Loss of US Clout at Final G-8 Summit.
Thursday 03 July 2008

by: James G. Neuger, Bloomberg News

The value of the dollar has dropped 41 percent against the euro during Bush’s term in office. Americans find themselves shouldering debt that will burden this and future generations.

When President George W. Bush went to his first Group of Eight summit in 2001, a dominant issue was the dollar - the strong dollar, that is. The U.S. currency was on a record-setting streak, and the free-marketeering president wasn’t going to stand in the way.
On the eve of Bush’s last G-8 appearance, the dollar’s gyrations are again in the crossfire. This time, it is a weak currency, upended by slumping growth, a housing recession and record gas prices, that is gnawing away at the world economy.

The dollar’s 41 percent drop against the euro during Bush’s term writes the economic epitaph of an administration that set out to restore American preeminence. Instead, Bush heads to Japan next week for his final international summit with diminished leverage as Russian and Chinese influence grows.

“Between the economic duress facing the United States and the global community at large and the fact that the clock is running out on the Bush administration, Bush does not hold a good hand,” said Charles Kupchan, an international-relations professor at Georgetown University in Washington. He called the summit a “damage-limitation” exercise to show the world that governments are trying to contain food and oil prices.

Global economic-confidence building crowds the agenda at the three-day summit starting July 7 in Toyako, on the northern Japanese island of Hokkaido, that was meant to tackle climate change, recommit the rich world to development aid for Africa and strengthen nuclear non-proliferation controls.


Growth Lags
:
Bush represents the worst-performing economy in the G-8 after Italy, with growth of 0.5 percent this year set to lag behind 1.6 percent in the U.K., 1.4 percent in the euro area, 1.4 percent in Japan and 1.3 percent in Canada, according to International Monetary Fund forecasts.
Russia, brought into the G-8 by Bill Clinton in 1998, will eclipse the rest of the club with growth of 6.8 percent this year, the IMF says. Russia’s oil and commodity wealth puts it at odds with the western goal of cutting reliance on fossil fuels. China, seen expanding 9.3 percent, has also frustrated the fight against global warming by locking up energy deals in Africa to slake its economic thirst. China will be among eight non-G-8 members that take part on the summit’s last day.
America’s economic woes with $4-a-gallon gasoline prices will stiffen Bush’s opposition to European and Japanese calls for binding, quantifiable targets for cutting greenhouse-gas emissions, blamed by scientists for pushing up global temperatures.
Global Warming:
Bush took a baby step at last year’s G-8 by acknowledging the need to do something about global warming, edging the U.S. away from the laissez-faire approach that he championed after pulling the U.S. out of the Kyoto climate-protection protocol in a move that met international condemnation in 2001.
With the countdown under way to the presidency of Barack Obama or John McCain, the most the summit can do is set up a framework for pollution-cutting agreements that replace Kyoto when it expires in 2012, said Reginald Dale, a senior fellow at the Center for Strategic and International Studies in Washington.
“Most of Bush’s partners are looking to the next president,” Dale said. European leaders will “be trying to pin Bush further down on the nature of commitments that the United States might undertake to reduce emissions in the shorter term.”
Europe’s Bind:
Europe is caught in a bind of its own. Soaring fuel prices and a chorus of protests put pressure on leaders to offer relief instead of weaning consumers away from fossil fuels. French President Nicolas Sarkozy, holder of the 27-nation European Union’s six-month presidency, is pressing for fuel-tax cuts.
Oil prices continued climbing after pressure by European leaders including Britain’s Gordon Brown led Saudi Arabia, the world’s biggest oil exporter, to announce for July the third straight monthly increase in production.
“There’s no hope for new achievements or concrete results regarding crude-oil prices or the shortage of food or global warming,” said Koichi Kato, a senior member of Japan’s ruling Liberal Democratic Party.
Spiraling food and fuel costs are hitting poorer countries the hardest, increasing the pressure on the G-8 to make good on a 2005 pledge to double development aid to Africa to $50 billion annually by 2010 and to implement last year’s promise to invest $60 billion worldwide to combat deadly diseases.

Price Surge:
G-8 finance ministers last month identified surging commodities prices as a bigger threat than the credit squeeze to the world economy. Prices for 19 commodities in the Reuters/Jefferies CRB Index rose 29 percent in the first half, the most since 1973. Rice, corn and wheat futures have all touched records this year.
Sagging faith in the dollar - it now makes up 63 percent of global currency reserves, down from 71 percent when Bush took office - complicates efforts to tame commodity prices because they are primarily denominated in the U.S. currency.
America’s dependence on imported capital to finance a $9.5 trillion debt - up from $5.7 trillion when Bush took office - has driven down the currency. The decline was accelerated by the subprime crisis that plunged the U.S. into an economic tailspin.
“If Bush could get others at the G-8 summit to demand a stronger dollar he’d have done a final good after a lot of negatives over the years,” said Uwe von Parpart, chief Asia strategist at Cantor Fitzgerald LP in Hong Kong. “Dollar strengthening appears to be the only thing capable of containing or pushing back oil prices.”
Speaking at the White House yesterday, Bush tried to give the markets a nudge: “We’re strong dollar people in this administration and have always been for the strong dollar.”

Friday, July 4, 2008

TSE’s (the Tokyo Stock Exchange) longest losing streak in 54 years.
Kyodo News
The key Nikkei stock index fell Thursday for the 11th straight trading session to mark its longest losing streak in more than half a century on worries over the U.S. economy ahead of the release of key U.S. jobs data.

The 225-issue Nikkei stock average lost 20.97 points, or 0.16 percent, from Wednesday to 13,265.40. The broader Topix index of all first-section issues on the Tokyo Stock Exchange was down 3.13 points, or 0.24 percent, to 1,298.02.


The Nikkei has shed nearly 1,200 points, or over 8 percent, during the past 11 trading days in the longest losing streak since April 1954, a period of economic uncertainty following the 1950-1953 Korean War.

Norihiro Fujito, a senior investment strategist at Mitsubishi UFJ Securities Co., said a disappointing U.S. employment report and a widely expected interest rate hike in the euro zone will cause the dollar to be sold against major currencies, which may trigger a further spike in soaring oil prices.

“No market will continue sliding endlessly, so a technical rebound will occur in between,” Fujito said.

“But the trend will continue to look south since the cause of the decline is economic fundamentals,” he said, warning that a slowing U.S. economy will eventually ripple into emerging economies and hit Japanese exports hard.

Kazuhiro Takahashi, general manager of the global product planning department at Daiwa Securities SMBC Co., said the Nikkei may still test below the psychologically crucial 13,000 mark.

###

Posted on Sustainabilitank.info on July 3rd, 2008
by Pincas Jawetz (PJ@SustainabiliTank.com)

 From:    organizers at 350.org
Subject: Tell the G8: The World is Waking Up

Pincas,
I’m writing this from Japan, and I’ve got news to share: the world is waking up to the climate crisis.

Next week, the leaders of the 8 richest countries in the world will meet here in Japan for the annual “G8 Summit.”  This year, the climate crisis is at the top of the agenda-and we have a rare opportunity to hold our world leaders accountable.

Help us send a message to the G8 that it’s time to lead on climate change.

 http://www.350.org/g8petition

The 2008 G8 negotiations can just be another round of empty climate promises-or they can be the first steps on the road to a safe global future.  When it comes to setting the world on a path to 350 and  a safe climate, we want the smartest, the fairest, and the fastest ways to get us there. We can’t allow our leaders to drag their feet — we have to tell them to start right now.

I came to Japan two weeks ago to see if 350.org could make some allies to build a global movement.  What I discovered is that this movement already exists — here in Japan there are teachers, politicians, grassroots organizations, artists, families, and activists of every kind who are doing everything they can to tackle the climate crisis.

There is a global movement building-now we need to unite to make our voices heard.

 http://www.350.org/g8petition

Unity. That’s why we’re linking up with some of our close partners — Oxfam and Avaaz — to send our message to the G8.  Together, we can send a strong call that the G8 must begin negotiating a plan to reduce greenhouse gas emissions that will lead to 350.   Avaaz and Oxfam will help us make sure your message reaches Prime Mini