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...Kamoshida isn't the only one caught by surprise as Japan deals with the cascading effects of the crisis. The mall, Sakura City, opened in late 2006 to much fanfare, and initially housed 60 stores, including the area's only supermarket. Its closure has cost about 400 people their jobs, and effects are rippling out into the community, says Tadayasu Yamamoto, chairman of the Hitachi Chamber of Commerce and Industry. "Shop owners of the nearby shopping arcades are in trouble and so are the consumers," Yamamoto says. "We cannot allow the city's ray of light to be extinguished...
...Sagra felt the pinch months ago. "Construction started to really slow in February or March, with the subprime crisis in the U.S.," says Duque, "and that's when the brick warehouses started to fill up." Many brickworks in the area closed for several months over the summer. Most in La Sagra have suspended workers temporarily in a program negotiated with the unions that allows employees to receive unemployment benefits for three months, and then guarantees their return to work. With recession looming, Duque worries about what lies ahead. "That's when we're going to start seeing factories closing...
...just not going to evict innocent tenants. It stops today.' THOMAS J. DART, sheriff of Cook County, Ill., on suspending foreclosure evictions in the Chicago area because renters were not being properly notified about their landlords' financial problems...
Gunfire crackled across the border between Thailand and Cambodia on October 15, reigniting tensions between the two Southeast Asian nations over a disputed swathe of land near an ancient Hindu temple. For days, troops from both countries have flooded the area near the Preah Vihar temple, and each side claims the other fired Wednesday's first shot...
Both countries have used the temple row for political purposes. In his successful re-election bid this summer, Cambodian Premier Hun Sen vowed to protect national interests by ensuring that the entire Preah Vihar area remained under Cambodian control. Meanwhile, in Thailand, opposition figures accused former Prime Minister Samak Sundaravej of destroying national sovereignty by not immediately protesting UNESCO's decision. Samak resigned last month, and his successor, who hails from the same political party, will surely be accused of similar weakness if Thailand's troops don't match Cambodian numbers. On Wednesday, Thailand's military T.V. network showed Thai...