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 CHANGING FORTUNES
Oil Pressure
Last year saw some high-profile bankruptcies in Japan, but these had little impact on share prices. With U.S. and other foreign investors taking a more active role in Japanese firms, expect to see more of them being forced to open up their books with U.S.-style accounting standards that will make it easier for shareholders to determine whether they are getting a raw deal. "Value-added" will be the catch phrase of 2001.   next


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The Year Ahead
Politics
Business
  Investing
  Trends
   - Fewer Marriages
   - The German Exception
   - Italy Awakes
   - More Takeovers
   - Auto Rout
   - Luxury Goods Sale
   - Euro Revival
   - Oil Pressure
   - Japan Opens
   - Eastern Revival
   - China Boom
  Viewpoint: Pass the Buck
Technology
Arts & Media
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