A bluefin tuna sold for a record ¥155.4 million (Dh6.4m) at a Tokyo auction yesterday, nearly three times the previous high set last year - even as environmentalists warn that stocks of the majestic, speedy fish are being depleted worldwide amid strong demand for sushi.
The 222-kilogram tuna, caught off north-eastern Japan fetched its record price at the year's first auction, said Ryoji Yagi, a market official. The sale was held at Tokyo's sprawling Tsukiji fish market.
The fish's tender pink and red meat is prized for sushi and sashimi. The best slices of fatty bluefin - called "o-toro" in Japan - can sell for ¥2,000 yen a piece at upmarket Tokyo sushi bars.
Japanese eat 80 per cent of the bluefin tuna caught worldwide, and much of the global catch is shipped to Japan for consumption.
The winning bidder, Kiyoshi Kimura, the president of Kiyomura Co, which operates the Sushi-Zanmai restaurant chain, said "the price was a bit high", but that he wanted to "encourage Japan", according to the Kyodo News agency. He was planning to serve the fish to customers later yesterday. Mr Kimura also set the old record of ¥56.4m at last year's New Year's auction, which tends to attract high bids as a celebratory way to kick off the new year, or get some publicity. The high prices don't necessarily reflect exceptionally high fish quality.
Stocks of all three bluefin species - the Pacific, Southern and Atlantic - have fallen over the past 15 years amid overfishing.
On Monday, an intergovernmental group is to release data on Pacific Bluefin stocks that environmentalists believe will likely show an alarming decline. "Everything we're hearing is that there's no good news for the Pacific Bluefin," said Amanda Nickson, the director of the Washington-based Pew Environmental Group's global tuna conservation campaign. "We're seeing a very high value fish continue to be overfished."
The population of another species, the Southern Bluefin, which swims in the southern Pacific, has plunged to 3-8 per cent of its original levels.
Stocks of bluefin caught in the Atlantic and Mediterranean plunged by 60 per cent between 1997 and 2007 due to rampant, often illegal, overfishing and lax quotas.
Although there has been some improvement in recent years, experts say the outlook for the species is still fragile.
Cricket World Cup League 2
UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs
UAE fixtures
Free admission. All fixtures broadcast live on icc.tv
Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium
Ain Issa camp:
- Established in 2016
- Houses 13,309 people, 2,092 families, 62 per cent children
- Of the adult population, 49 per cent men, 51 per cent women (not including foreigners annexe)
- Most from Deir Ezzor and Raqqa
- 950 foreigners linked to ISIS and their families
- NGO Blumont runs camp management for the UN
- One of the nine official (UN recognised) camps in the region
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What is double taxation?
- Americans living abroad file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service
- Those obligations apply to millions of Americans residing overseas – estimates range from 3.9 million to 5.5 million – including so-called "accidental Americans" who are unaware they hold dual citizenship
- The double taxation policy has been a contentious issue for decades, with many overseas Americans feeling that it punishes them for pursuing opportunities abroad
- Unlike most countries, the US follows a citizenship-based taxation system, meaning that Americans must file taxes annually, even if they do not earn any income in the US.
TO A LAND UNKNOWN
Director: Mahdi Fleifel
Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa
Rating: 4.5/5
The design
The protective shell is covered in solar panels to make use of light and produce energy. This will drastically reduce energy loss.
More than 80 per cent of the energy consumed by the French pavilion will be produced by the sun.
The architecture will control light sources to provide a highly insulated and airtight building.
The forecourt is protected from the sun and the plants will refresh the inner spaces.
A micro water treatment plant will recycle used water to supply the irrigation for the plants and to flush the toilets. This will reduce the pavilion’s need for fresh water by 30 per cent.
Energy-saving equipment will be used for all lighting and projections.
Beyond its use for the expo, the pavilion will be easy to dismantle and reuse the material.
Some elements of the metal frame can be prefabricated in a factory.
From architects to sound technicians and construction companies, a group of experts from 10 companies have created the pavilion.
Work will begin in May; the first stone will be laid in Dubai in the second quarter of 2019.
Construction of the pavilion will take 17 months from May 2019 to September 2020.
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Match info:
Real Betis v Sevilla, 10.45pm (UAE)
UAE currency: the story behind the money in your pockets
