Import Taxes | InvestmentWatch

Men Arrested For Smuggling Gold In Rectums

SEOUL, South Korea – South Korean customs officials say they have arrested eight men over a scheme to allegedly smuggle gold out of the country by hiding it in their rectums.

The Korea Customs Service said Monday the men allegedly transformed $260,000 in gold bars into small beads and smuggled them in their rectums to Japan two times in 2010 to avoid import taxes.

Read more: http://www.myfoxdc.com/dpp/news/offbeat/men-arrested-for-smuggling-gold-in-rectums-011612#ixzz1jimOgiQR

The Japan Automobile Manufacturers Association warns that the strength of the yen could trigger a total collapse in Japanese car industry

Japanese finance minister Azumi says the yen’s rise thus far had been “speculative,&rd… and did not reflect the “fundamentals of the economy.” But JAMA vice chairman Akio Toyoda argues that when businesses make decisions about where to invest, it’s very easy to conclude at 76 yen to the dollar that Japan is not a good place to do it.

From inautonews:

Japan’s economy, the third largest worldwide economy after the U.S. and China, [...]

Experts speak about how to help the economy, heck that’s easy:

by Larry

Increase exports and reduce imports without increasing import duties. Simple solution is to encourage manufacturing. To fix the trade imbalance and debt, increase exports and reduce imports. We have to have a product that is as good as, or better than the competitor’s, and it must be price competitive. We have the quality, I worked as a quality engineer for 20 years and was [...]

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Men Arrested For Smuggling Gold In Rectums

The Japan Automobile Manufacturers Association warns that the strength of the yen could trigger a total collapse in Japanese car industry

Experts speak about how to help the economy, heck that’s easy:

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