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Sony reports record annual loss

Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles to turn things around under a new president.

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(FINANCIAL TIMES) TOKYO - Sony on Thursday sought to assure investors that its latest restructuring effort was bearing fruit, saying it expected to follow a record 2011 net loss with its first full-year net profit in five years.

The Japanese electronics and entertainment group, which is preparing to cut 10,000 jobs, or 6 per cent of its global headcount, and scale back its unprofitable television manufacturing business, forecast a narrow Y30bn net profit for the year to next March.

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Dottoré!

Sowing The Seeds Of Paranoia

"They must be dumping garbage — good, it makes for good fertilizer!"

"Slowly, we were the only ones left"

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Mariateresa Fichele
Dottoré!ItalySourcesWORLDCRUNCHCountries

"Dottoré, I know a lot of flags, and let me tell you why. I grew up in the province of Caserta, and — like everybody in those days — my parents owned a piece of land, and they would take me with them to farm it.

I remember there were other kids in the fields around us. But then, slowly, we were the only ones left because everybody was selling the land, making a lot of money off of it too.

Papà wouldn't listen to reason and he kept the land. But in the meantime, instead of farmers, trucks began to arrive. Many many trucks, unloading thousands of barrels and burying them into the ground.

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Writing contest - My pandemic story
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Central to the tragic absurdity of this war is the question of language. Vladimir Putin has repeated that protecting ethnic Russians and the Russian-speaking populations of Ukraine was a driving motivation for his invasion.

Yet one month on, a quick look at the map shows that many of the worst-hit cities are those where Russian is the predominant language: Kharkiv, Odesa, Kherson.

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