Japan’s fishing industry, one of the world’s largest, will stage a mass strike July 15 to protest soaring fuel costs. Some 200,000 fishing boats will cancel their trips for one day to demand government action. “Many fishermen cannot make ends meet. The industry as a whole is falling apart,” said an official of the National Federation of Fisheries Cooperative Associations. “We are asking for emergency measures from the government, just for one or two years, to help us pull through this difficult period.” Fuel now accounts for up to half of the fishermen’s operating costs, compared with just 10% a few years ago, he said. (Thomson Financial, July 14)
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