DailyTimeCapsule brief
May 7, 2004
On May 7, 2004, Japan's brewing industry celebrated a significant achievement as a leading brewer reported robust profits, reflecting the country's resilience in an increasingly competitive global market. This day also marked a turning point in the film industry as New York's lesser-known alleyways began attracting filmmakers, eager to capture the city's unique charm for just $10,000 a day. Meanwhile, the ongoing situation in Tibet continued to draw attention, as activists described the region's inhabitants as meek and not demanding excessive concessions, highlighting the delicate balance of cultural preservation amid geopolitical interests. These events unfolded against a backdrop of global economic recovery in the early 2000s, with nations navigating the complexities of post-9/11 security and economic policies, while domestic policies in various countries were grappling with the implications of globalization.
Key developments
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Asahi Breweries Ltd, a prominent Japanese beverage company, recorded a net income of 2.35 billion yen ($21.6 million) for the three months ending March 31. This marks a significant recovery from the previous year's loss of 5.07 billion yen, showcasing a return to profitability. Additionally, the company experienced an increase in sales, rising to 277.2 billion yen compared to 273 billion yen in the same period last year.
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In recent years, Lower Manhattan's seldom-seen alleyways have become prime real estate for filmmakers seeking an authentic, gritty backdrop for their projects. These unique locations, unaltered by gentrification, come with a hefty price tag, sometimes costing as much as $10,000 per day to rent. The presence of iconic yet eerie elements, like abandoned buildings and remnants of the city's past, adds to the allure for directors aiming to create a raw cinematic experience.
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In a powerful demonstration of resistance, three Tibetans undertook a 32-day hunger strike to protest against China's 60-year occupation of Tibet. This act of solidarity and suffering aimed to draw attention to the continued neglect of Tibetan issues by the international community, including the United Nations and major news outlets. Columnist Clyde Haberman expressed dismay that such a significant protest went largely unreported, highlighting a broader pattern of silence regarding Tibet's plight.
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