Japan's agriculture minister resigns over rice gaffe: Why is the staple in short supply?

Business

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BUSINESS
BUSINESS © FRANCE 24
From the show
Business

Japan's new agriculture minister Shinjiro Koizumi vowed to bring down prices of rice, after his predecessor was forced to resign over a gaffe. Taku Eto had caused an uproar after joking he never had to buy rice thanks to donations from his supporters, touching many a raw nerve. But why is the country facing a crisis? Some analysts blame long-running government policy for the shortage. Plus, Marks & Spencer says a recent cyberattack will wipe out nearly a third of its annual profits.