In Japan, a phenomenon known as "shrinkflation" — an important economic countermeasure against inflation for businesses — has been catching the attention of consumers. The term, coined by American economist Pippa Malmgren, describes what happens when manufacturers have to contend with higher costs but don't ...
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Freestyle skier Nobuyuki Nishi revealed Friday that he has apologized for wearing a hat with a design resembling a controversial Japanese wartime flag at the Pyeongchang Olympic athletes' village. Speaking to reporters after finishing the first round of men's moguls qualifying in 16th place, Nishi ...