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Authorities obtained the warrant against Carole Ghosn for allegedly giving false testimony during a court hearing last April, according to a statement from the Tokyo prosecutor's office on Tuesday.
Carole Ghosn is in Lebanon with her husband, according to CNN affiliate TV Asahi. He has denied reports that his family members were involved in helping him flee from Tokyo last week.
Representatives for the Ghosn family did not immediately respond to a request for comment.
Japanese authorities have been scrambling to contain the fallout from Ghosn's audacious escape and figure out how he pulled it off in the first place.
On Sunday, Justice Minister Masako Mori said Ghosn had left the country "illegally by unjust methods," and she ordered Japan's immigration department to "further tighten" rules for leaving the country "so that the same situation won't be repeated."
Japan's ambassador to Lebanon,Takeshi Okubo, raised Ghosn's case with Lebanese President Michel Aoun on Tuesday. Aoun said the Lebanese government had no involvement in the incident and pledged "unstinting cooperation" to Japan, the Japanese ambassador said in a statement.
Ghosn was arrested in November 2018 and has since faced a litany of charges, including allegations that he understated his income for years and funneled millions of dollars of Nissan money to a car dealership that he controlled. The arrest led to his ouster from atop Nissan(NSANF) and its automotive alliance with Renault(RNLSY) and Mitsubishi Motors.
Ghosn has repeatedly denied the charges, claiming that his arrest was part of a plot to remove him from the business empire he had built.
Before fleeing to Lebanon, the former auto executive had been under strict bail conditions in Tokyo, which included no contact with his wife. On Tuesday, the Tokyo district court said that Ghosn's 1.5 billion ($13.8 million) bail had been forfeited, the highest forfeited sum ever, according to local broadcaster NHK.
Carole Ghosn had for months been blasting Japanese authorities for how they were handling her husband's case, and calling on world leaders such as US President Donald Trump, French President Emmanuel Macron and Brazilian President Jair Bolsonaro to step in.
Ghosn holds French, Brazilian and Lebanese citizenship.
He has already been using his newfound freedom to rail on Japan's criminal court system, which boasts a conviction rate above 99% once suspects are charged. Ghosn said he was held "hostage" by the "rigged" system.
The arrest warrant for Carole Ghosn comes a day before her husband is widely expected to hold a press conference in Beirut.
— CNN's Yoko Wakatsuki and Chris Liakos contributed to this report.
Authorities obtained the warrant against Carole Ghosn for allegedly giving false testimony during a court hearing last April, according to a statement from the Tokyo prosecutor's office on Tuesday.
Carole Ghosn is in Lebanon with her husband, according to CNN affiliate TV Asahi. He has denied reports that his family members were involved in helping him flee from Tokyo last week.
Representatives for the Ghosn family did not immediately respond to a request for comment.
Japanese authorities have been scrambling to contain the fallout from Ghosn's audacious escape and figure out how he pulled it off in the first place.
On Sunday, Justice Minister Masako Mori said Ghosn had left the country "illegally by unjust methods," and she ordered Japan's immigration department to "further tighten" rules for leaving the country "so that the same situation won't be repeated."
Ghosn was arrested in November 2018 and has since faced a litany of charges, including allegations that he understated his income for years and funneled millions of dollars of Nissan money to a car dealership that he controlled. The arrest led to his ouster from atop Nissan(NSANF) and its automotive alliance with Renault(RNLSY) and Mitsubishi Motors.
Ghosn has repeatedly denied the charges, claiming that his arrest was part of a plot to remove him from the business empire he had built.
Before fleeing to Lebanon, the former auto executive had been under strict bail conditions in Tokyo, which included no contact with his wife. On Tuesday, the Tokyo district court said that Ghosn's 1.5 billion ($13.8 million) bail had been forfeited, the highest forfeited sum ever, according to local broadcaster NHK.
Carole Ghosn had for months been blasting Japanese authorities for how they were handling her husband's case, and calling on world leaders such as US President Donald Trump, French President Emmanuel Macron and Brazilian President Jair Bolsonaro to step in.
Ghosn holds French, Brazilian and Lebanese citizenship.
He has already been using his newfound freedom to rail on Japan's criminal court system, which boasts a conviction rate above 99% once suspects are charged. Ghosn said he was held "hostage" by the "rigged" system.
The arrest warrant for Carole Ghosn comes a day before her husband is widely expected to hold a press conference in Beirut.
— CNN's Yoko Wakatsuki contributed to this report.
Former Nissan Chairman Carlos Ghosn and his wife Carole leave the office of his lawyer in Tokyo on April 3, 2019.
Kazuhiro Nogi | AFP | Getty Images
Japanese prosecutors have obtained an arrest warrant for the wife of fugitive ex-Nissan boss Carlos Ghosn.
Her husband fled Japan in late December, using the bullet train and two private jets to travel to Lebanon. The former executive was first arrested in Japan in 2018 and charged with financial crimes while serving as the boss of Nissan.
He denied any wrongdoing in January 2019 and has also claimed that Japan's justice system is "rigged."
According to several media reports on Tuesday, investigators believe that n April last year his spouse Carole Ghosn may have made false statements about the case to a Tokyo court.
A spokeswoman for Carole Ghosn told Reuters that the issuance of a warrant was "pathetic," noting that Ms Ghosn had traveled to Japan last year to answer questions and had left without any charges at the time.
Carole Ghosn is an American passport holder and, unlike her husband, could potentially be made subject to an extradition request between Japan and the United States.
The spokesperson added that the timing of the warrant is designed to undermine a press conference by the former Nissan boss which is due this week.
"Last time Carlos Ghosn announced a press conference and got re-arrested. This time, the day before he is announced to speak out freely for the first time, they issued an arrest warrant for his wife Carole Ghosn," the spokesperson said.
Carlos Ghosn told Fox Business Monday that at his press conference Wednesday he will name names and provide documents that show his arrest was a fabricated coup designed to remove him from power.
Interpol — the international police alliance — has placed an arrest demand on Lebanon's internal security forces.
But pressuring Lebanon to hand over Ghosn could prove difficult for Japan. A Japanese government official reportedly said Tuesday that Tokyo is currently "assessing Lebanese law" to consider options.
Japan's Justice Minister Masako Mori said Monday that she will pursue a criminal prosecution of former Nissan boss Ghosn despite his dramatic escape from the country.
She said Ghosn's attempt to avoid trial was unlawful.
"It is clear that we don't have any records of the defendant departing Japan, hence we believe that he left Japan illegally," Mori said.
Now watch: CNBC interview with Carole Ghosn on her husband's trial before he fled Japan.
Tokyo prosecutors have issued an arrest warrant for the wife of fugitive ex-Nissan boss Carlos Ghosn.
Carole Ghosn is suspected of making false statements to a Tokyo court in April, investigators said.
Mr Ghosn skipped bail in December, joining his wife in Beirut.
A spokeswoman for the Ghosn family said the arrest warrant for Mrs Ghosn was "pathetic", and was linked to a news conference due to be given by Mr Ghosn on Wednesday.
Japan is seeking Mr Ghosn's extradition from Lebanon, although the country does not have a treaty with Japan.
A spokeswoman for Mr Ghosn told Reuters: "Last time Carlos Ghosn announced a press conference and got re-arrested. This time, the day before he is announced to speak out freely for the first time, they issued an arrest warrant for his wife Carole Ghosn."
"The issuance of this warrant is pathetic," she added.
Mr Ghosn ran car giant Nissan until he was arrested in Japan on charges of financial misconduct - which he denies - in November 2018.
He was banned from seeing his wife while on bail. But, in the final days of 2019, he skipped bail to board a private jet that took him to Turkey before he travelled on to Lebanon, where he is a citizen, and where his wife was waiting.
Mr Ghosn insisted he had organised his escape "alone", and denied reports his wife had helped.
The arrest warrant accuses Carole Ghosn of falsely claiming not to know, or to have met, people connected to a company that received payments from Nissan, part of which was subsequently transferred to a firm owned by Mr Ghosn.
Mr Ghosn has denied charges of financial wrongdoing in Japan, instead claiming the country's justice system is "rigged".
The news conference scheduled for Wednesday will be Mr Ghosn's first since his arrest in November 2018.
Mr Ghosn told Fox Business that he has "actual evidence" that proves there was a coup to stop him merging Nissan with French carmaker Renault. He also said he would identify people at the news conference that he believed were behind his arrest over financial misconduct.
In earlier court filings and statements released by his lawyers in Japan, Mr Ghosn has accused Nissan executives of colluding with Japanese prosecutors and officials from the Ministry of Economy, Trade and Industry.
Mr Ghosn's legal team in Japan also said prosecutors withheld evidence, citing concerns voiced by Nissan that it included sensitive information about operations and employees.
Nissan said Mr Ghosn's flight from Japan would not affect its policy of holding him responsible for "serious misconduct".
"The company will continue to take appropriate legal action to hold [Mr] Ghosn accountable for the harm that his misconduct has caused to Nissan," the carmaker said.
You may have heard that Impossible Foods is expanding its fake meat options beyond burgers — it’s moving into pork. So I chowed down at Kumi, a Japanese restaurant in the Mandalay Bay casino in Las Vegas. I’m still chewing on how I feel, but it may not actually matter how perfectly Impossible Pork imitates the pig meat: it does provide a savory base of protein for a lot of foods that traditionally call for pork.
Impossible Food’s offerings might be fake meat but they’re real food. Impossible Pork isn’t really available for you to buy, though — pricing and availability hadn’t been announced during my taste test. However, you can definitely check out a different Impossible offering at one of 139 Burger Kings, starting January 13: the Impossible Croissan’wich, available at a limited time, will feature Impossible Sausage.
Food that’s an imitation of other food is kind of a trend. In addition to Impossible Foods, there’s Beyond Meat, which also makes a fake beef patty. You can pair your fake meat with fake wines, from Endless West and Replica Wine. Or, if milk is more your speed, there’s dairy-free “milk” from Perfect Day Foods and Ripple Foods. These companies are leaning hard on the promise of sustainability and health, trying to appear to environmentally conscious consumers as better alternatives for conventional meat, dairy, and wine.
During Impossible Foods’ event, I tried out some Impossible Pork Banh Mi, Impossible Pork Char Siu Buns, Impossible Pork Dan Dan Noodles, Impossible Pork Katsu, and Impossible Pork Sweet, Sour and Numbing Meatballs.
It was... fine? The fake meat was a little spongy; my favorites were the meatballs and the noodles. Look, I should be straight with you: I haven’t eaten pork in more than 20 years, so I don’t know if it actually tastes like pork. I had to tap in a meat-eater, our pal Becca Farsace, who said the texture was not quite right but the taste was basically accurate. One thing both Becca and I noticed: We weren’t sure whether it was Impossible Pork, or just the way it was prepared, but the food was salty. Both of us chugged water after our taste test.
The thing about Impossible Foods, much like Beyond Meat, is that — as a longtime vegetarian — I’m not their market. I’ve been happily abstaining from pork since 1996. Ditto beef, chicken, turkey and so on. I don’t want or need fake meat. This product seems like it’s aimed at people who are thinking about reducing their meat consumption, and are nervous about taking the plunge.
But it doesn’t really matter how I feel about it. The truth is that a lot of restaurants don’t put much thought into their vegetarian dishes. I don’t like the Beyond Burger or the Impossible Burger but I nonetheless have eaten them several times, because that’s the vegetarian option at the burger joint my friends want to go to. (As it happens, I love black bean burgers and falafel burgers and other things vegetarians have come up with over the years. Without a doubt, I prefer them to pretend beef.)
I’m probably going to wind up eating Impossible Pork for this reason — even if I never buy it for home cooking, some restaurant will serve it instead of coming up with a thoughtful vegetarian dish. And I’ll eat it, because fake meat is better than nothing.
“If this had happened five years ago, I certainly think you have a very strong argument that oil prices could hit triple digits,” Patrick DeHann, head of petroleum analysis at GasBuddy, told FOX Business’ Stuart Varney. “But we’ve added the capacity of 7.5 million barrels a day versus where we were a decade ago so we’ve come a long way, and that’s perhaps given the White House new options to deal with the Middle East.”
Instead, West Texas Intermediate crude oil, the U.S. benchmark, gained almost 6 percent, hitting a three-month high of $64.72 per barrel after a U.S. airstrike killed Iranian Gen. Qassim Soleimani on Thursday. The attack led to Iran fully withdrawing from the 2015 nuclear deal and promising to avenge Solemani’s death. President Trump said any Iranian response would not go unpunished.
The U.S. was, for many years, the world’s largest net energy importer, making it susceptible to economic shocks when there were sudden price increases due to rising geopolitical tensions in the Middle East. The fear was that Iran could disrupt maritime transit in the Strait of Hormuz, the world’s most important oil choke point. About 21 million barrels, or 21 percent of the global supply, pass through the strait each day.
But all of that has changed over the past few years as the U.S. has turned into a net exporter of energy. While Iran is still a threat to close the Strait of Hormuz, the impact, especially on the United States, wouldn’t be as severe.
“The U.S. has become not only a very large producer, the largest, but it has become the swing producer and markets have priced that in,” Mohamed El-Erian, chief economic adviser at the Frankfurt-based Allianz Global Investors, with $623 billion in assets under management, told FOX Business’ Maria Bartiromo.
Last September, the markets saw evidence of just how much things have changed when Brent crude oil, the international benchmark, soared by 14 percent in a single day after half of Saudi Arabia’s oil production was temporarily taken offline by an Iranian drone strike. Prices quickly reversed to their pre-attack levels in about two weeks.
“It is a stylized fact that oil price shocks tend to lead recessions,” wrote James Sweeney, chief economist at Credit Suisse, the Zurich-based investment bank. “Five of the past six recessions were preceded by a sharp increase in oil prices.”
However, he noted that structural changes in the U.S. economy, including the aforementioned American shale revolution, historically low levels of consumer spending on gasoline and a Federal Reserve focused on prolonging the economic expansion as opposed to fighting inflation as reasons why oil shocks aren’t the recession risk that they used to be.
Of course, this is good news for President Trump who wants to avoid a recession ahead of the 2020 election. Since World War I, sitting presidents are a perfect 11 for 11 in their reelection bids if the economy wasn’t in a recession in the 24 months ahead of the election.
