Apple price probe hits Japan distributors
Tokyo investigators raid Apple Computer distributors amid a government inquiry into price fixing and parallel importing. The case centers on bypassing local channels to import Macs from abroad, potentially undercutting domestic distributors and challenging Japan's pricing system. Attorney officials warn of broad implications for foreign firms and consumer prices as the probe widens.
MENTIONED IN THIS ARTICLE
Appie
UN Dandia
Tapan Tneir
Japan
Apple
United States
Yoshio Terada
Canon
Niga
Apple Computer Inc
Cupertino Calif
Martha 21
Tokyo
Baring Secures Ltd
The Federal Dollar and Public Spending Critique
A critical opinion piece denounces high government spending and the Treasury's currency policy. It argues the administration buys foreign currencies to erode the dollar’s value, calling it inflationary and a result of officials’ hubris and misleading rhetoric.
MENTIONED IN THIS ARTICLE
Wastrel
Washington
Treasury Department
Lenny
District of Columbia
Currency theory and exports beat downturn fears
Louis Rukeyser argues US exports rise while recession risk fades, noting Japan's strong trade performance despite yen strength. A Washington official says currency values and trade restrictions matter little, suggesting real strength comes from productive American industry and global stability.
MENTIONED IN THIS ARTICLE
Washington
Japan
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