Number of elderly in Japan hits record high
By MARI YAMAGUCHI – 12 hours ago
TOKYO (AP) — The number of elderly in Japan hit a record high of more than 27 million in 2007, the government reported Tuesday, warning of an imminent pension crisis as the country rapidly ages.
The annual report by the Cabinet Office showed Japanese aged 65 or over making up 21.5 percent of the population last year, while the so-called "late-stage elderly" — those 75 or older — accounted for nearly 10 percent.
But earlier this year some terrible business decisions came home to roost: billions misspent on greenfield factories in Brazil and North America, and ThyssenKrupp’s involvement in a steel railway track pricing cartel. Even Mr Beitz could see that Mr Cromme had to fall on his sword.
elderly Show phonetics
adjectivePOLITE WORD FOR old:elderly relatives/parentsthe elderly plural nounold people considered as a group:
The city is building new housing for the elderly.
'Sword of Damocles'
Constant threat; imminent peril: "the Latin American debt, overhanging American banks like the sword of Damocles" (Arthur M. Schlesinger, Jr.).
|(adjective) Close in time; about to occur.|
|Synonyms:||imminent, at hand|
|Usage:||After a long and grueling career at the factory, Larry was eagerly anticipating his impendent retirement.|