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Sebastian Vettel, F1's spoiled brat, had tears in his eyes as he got a hug from Ferrari Team Principal Maurizio Arrivabene. For his part, Arrivabene, already subject to some kind of gagging order from his bosses, has some explaining to do and he'd better come up with something better than his last excuse: a third party delivered sub-standard components and the team didn't notice before they failed. But it might be that the real reason that things are going tits up for the German driver are more intangible than the latest official reason of a failing spark plug. Renault and Torro Rosso are being taught a lesson, too. Welcome to the mystical East.

CoNet Section: 

It's 9 a.m. on 18th September in China and all over the country air raid and other warning sirens are wailing. Where there are churches, their bells are clanging.

This is the day that the Chinese remember the fateful invasion by the Japanese Imperial Army.

Mr Hiroshi Nakaso, Deputy Governor of the Bank of Japan spoke at the Japan Society in New York, New York City on the 12 February 2016. He says that his primary goal is to overcome deflation and that this can be done by increasing the both the demand and the supply side of the economy, in particular by encouraging more women into the workforce. It works in Sweden, he says. He also wants all fit and healthy elderly people to work.

CoNet Section: 

Reports from Japan say that the government is becoming concerned that some cars are too quiet. Talk about re-inventing the wheel - to solve the problem, all they have to do is ask Lotus.

CoNet Section: 

The latest plan to restructure the balance sheets of Japanese banks, overburdened with "non-performing loans," is bound to lead to fraud and corruption, says leading counter-money laundering strategist Nigel Morris-Cotterill, Head, The Anti Money Laundering Network.