Britain may change ‘economic model’ if shut out of EU single market: Hammond

FILE PHOTO: Britain’s Foreign Minister Philip Hammond and Foreign Ministry Political Director Tim Barrow arrive with fellow G7 foreign ministers for a working session, the fourth session of the their meetings in Hiroshima, Japan April 11, 2016. Britain could change its economic model to regain competitiveness if it were to leave the European Union without an agreement on market access, British finance minister Phillip Hammond said in a German newspaper interview published on Sunday.

Japan coast guard rescues flooded North Korea cargo ship

NHK reported Thursday, local time, a Japanese patrol boat rescued the passengers stranded on the ship in the Sea of Japan. The 6,555-ton cargo ship sent a distress signal on Wednesday evening from a location about 37 miles southwest of Fukue Island, the southernmost of the Goto Islands in Nagasaki Prefecture.

LPG Carrier Rescues Sailor off Nicaragua

A LPG carrier operated by NYK, Linden Pride, rescued a seafarer from a boat in distress 100 nautical miles off the coast of Nicaragua. While Linden Pride was sailing from Balboa, Panama, to Sendai, Japan on December 4, the ship came upon a disabled boat with one survivor requesting assistance, and immediately initiated the rescue.

Obama, Japan’s Abe to seek reconciliation at Pearl Harbor

Putting 75 years of resentment behind them, the leaders of the United States and Japan are coming together at Pearl Harbor for a historic pilgrimage to the site where a devastating surprise attack sent America marching into World War II. Prime Minister Shinzo Abe’s visit Tuesday with President Barack Obama is powerful proof that the former enemies have transcended the recriminatory impulses that weighed down relations after the war, Japan’s government has said.

.com | Obama, Japan’s Abe to seek reconciliation at Pearl Harbour

Putting 75 years of resentment behind them, the leaders of the United States and Japan are coming together at Pearl Harbour for a historic pilgrimage to the site where the devastating surprise attacks thrust America into World War II. Prime Minister Shinzo Abe’s visit on Tuesday with President Barack Obama is powerful proof that the former enemies have transcended the recriminatory impulses that weighed down relations after the war, Japan’s government has said.

2016 Re/insurance Industry Disaster Losses Put At $49bn By Swiss Re

Insurance and reinsurance industry losses from natural catastrophes and man-made disaster events during 2016 are expected to come out at around $49 billion by Swiss Re , up by 33% on 2015 but slightly below the 10-year average. The gap between total losses and the amount covered by insurance and reinsurance is again wide, highlighting the much-discussed protection gap, as economic losses from natural catastrophe and man-made disaster events in 2016 hit $158 billion, an increase of 68% on 2015’s figure.

Caroline Kennedy leaves Japan after 3 years as US ambassador

In this Feb. 12, 2014, file photo, U.S. Ambassador to Japan Caroline Kennedy, left, shakes hands with Okinawa Gov. Hirokazu Nakaima after she handed a copy of visa application form of her father President John F. Kennedy, which was issued when he visited Japan, at Okinawa Prefectural Government in Naha, Okinawa.