Nissan Chairman Faces Arrest in Japan

Japanese automaker Nissan says it has determined that its chairman, Carlos Ghosn, falsified reports about his compensation “over many years.” The company said its internal investigation also found Ghosn had used company assets for personal purposes.

Japanese media are reporting Monday that Ghosn is being questioned by Tokyo prosecutors on allegations that he underreported his income and that he will likely be arrested.

Ghosn is suspected of failing to report hundreds of millions of dollars in income.

Nissan says Ghosn will be dismissed from the company.

The Ashai newspaper reported that prosecutors have raided Nissan’s headquarters in Yokohama.

The Brazilian-born Ghosn, who is of Lebanese descent and a French citizen, was the rare foreign top executive in Japan.

Ghosn was sent to Nissan in the late 1990s by Renault SA of France, after it bought a controlling stake of Nissan. He is credited with rescuing Nissan from the brink of bankruptcy.

In 2016, Ghosn also took control of Mitsubishi, after Nissan bought a one-third stake in the company, following Mitsubishi’s mileage-cheating scandal.

“If he is arrested, it’s going to rock the Renault-Nissan-Mitsubishi alliance as he is the keystone of the alliance,” said Satoru Takada, an analyst at TIW, a Tokyo-based research and consulting firm.

Shares in Renault fell more than 12 percent in late morning trading in Paris after the news about Ghosn came out.

 

 

 

 

 

 

From: MeNeedIt

Pence, Xi Sell Competing Views to Asian Regional Economies

The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security.  Washington said it can provide a better option for regional allies under is “Free and Open Indo-Pacific” strategy.  as VOA’s State Department correspondent Nike Ching reports, the APEC gathering ended without a formal leaders’ statement.

From: MeNeedIt

Pence, Xi Sell Competing Views to Asian Regional Economies

The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security.  Washington said it can provide a better option for regional allies under is “Free and Open Indo-Pacific” strategy.  as VOA’s State Department correspondent Nike Ching reports, the APEC gathering ended without a formal leaders’ statement.

From: MeNeedIt

Gene Editing Having Impact on Farming World

Humans have been genetically modifying foods for centuries. Wild tomatoes or carrots for instance don’t look much like the mass produced foods we eat today. But in these days of genetic modification, consumers have tended to keep so called “Frankenfoods” at arms length. VOA’s Kevin Enochs reports a new generation of precision editing techniques may change that.

From: MeNeedIt

Gene Editing Having Impact on Farming World

Humans have been genetically modifying foods for centuries. Wild tomatoes or carrots for instance don’t look much like the mass produced foods we eat today. But in these days of genetic modification, consumers have tended to keep so called “Frankenfoods” at arms length. VOA’s Kevin Enochs reports a new generation of precision editing techniques may change that.

From: MeNeedIt

Art Thrives Among Hunters, Fishers in Northernmost Alaska

The small town of Utqiagvik, Alaska, is the northernmost town in the United States. Entertainment is scarce and so is the list of jobs. A lot of locals still hunt and fish, and there is room for art here as well. As Natasha Mozgovaya reports, indigenous carvers have been creating beautiful figurines, intricate miniature sculptures and jewelry from very Alaskan materials.

From: MeNeedIt

Art Thrives Among Hunters, Fishers in Northernmost Alaska

The small town of Utqiagvik, Alaska, is the northernmost town in the United States. Entertainment is scarce and so is the list of jobs. A lot of locals still hunt and fish, and there is room for art here as well. As Natasha Mozgovaya reports, indigenous carvers have been creating beautiful figurines, intricate miniature sculptures and jewelry from very Alaskan materials.

From: MeNeedIt

Marvel Superheroes and American Pop Culture

While the Space Needle may be the most recognizable structure in Seattle, Washington, there is another spectacular and futuristic building nearby: Seattle’s Museum of Pop Culture. Initially built as a tribute to the legendary Seattle rock musician Jimi Hendrix, it now celebrates American contemporary pop culture as a whole. One display is dedicated to the Marvel Comics Super Heroes, whose creator, Stan Lee, died at 95 earlier this week. Natasha Mozgovaya gives us a look.

From: MeNeedIt

Marvel Superheroes and American Pop Culture

While the Space Needle may be the most recognizable structure in Seattle, Washington, there is another spectacular and futuristic building nearby: Seattle’s Museum of Pop Culture. Initially built as a tribute to the legendary Seattle rock musician Jimi Hendrix, it now celebrates American contemporary pop culture as a whole. One display is dedicated to the Marvel Comics Super Heroes, whose creator, Stan Lee, died at 95 earlier this week. Natasha Mozgovaya gives us a look.

From: MeNeedIt

Climate Change Protesters Block off 5 London Bridges

Hundreds of protesters have turned out in central London and blocked off the capital’s main bridges to demand the government take climate change seriously.

A group called “Extinction Rebellion” encouraged sit-ins on the bridges Saturday as part of a coordinated week of action across the country.

 

Metropolitan Police said emergency vehicles were hampered from getting across London because of the “blockade” of five bridges. The force said it had asked all protesters to congregate at Westminster Bridge where officers can facilitate lawful protest.

 

About two dozen people were arrested on Monday after protesters blocked traffic and glued themselves to gates outside the Department for Business, Energy and Industrial Strategy.

 

From: MeNeedIt