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BREAKING
Political aide to the governor of Gilan Province in northern Iran: Air defenses in Rasht shot down a small hostile drone flying over the city
Israeli media: The presence of General Qaani at the “victory celebrations” in Tehran puts an end to the rumors and earlier reports claiming he had been assassinated
Israeli media: There is division within the US administration itself over the extent of what the strikes on Iran’s nuclear facilities actually achieved
Israeli media: US intelligence also says Iran’s centrifuges remained largely intact
Israeli media: Netanyahu and Trump celebrated too soon, as US intelligence says Iran’s uranium stockpile was not damaged
Israeli Channel 13: The objectives set by Netanyahu for the operation against Iran have not been achieved
Early US intel assessment suggests strikes on Iran did not destroy nuclear sites, CNN reports, citing sources
Israeli media platform: An additional soldier has been confirmed killed in the serious incident in Gaza, who had previously been considered "missing" for some time
Pezeshkian: History will not forget how Iran’s enemies broke their pledges and agreements, resorting to aggression and invasion even during negotiations
Israeli media: Between 14 and 16 soldiers were injured in the incident, which reportedly involved two separate units at the brigade and division level

Theft of Toyota Prius cars in Japan at a high due to platinum parts

  • By Al Mayadeen English
  • Source: Agencies
  • 19 Jan 2023 13:22
2 Min Read

Approximately 90% of such thefts seem to target older models of the Prius as they contain parts with more platinum and palladium than other cars. 

  • x
  • Japanese actress Satomi Ishihara poses beside Toyota's Prius Plug-in-Hybrid vehicle in Japan in 2017 (Reuters)
    Japanese actress Satomi Ishihara poses beside Toyota's Prius Plug-in-Hybrid vehicle in Japan in 2017. (Reuters)

After platinum prices skyrocketed last year following the Western sanctions on Russia, thieves in Japan have been targeting Toyota Motor Corp.’s Prius hybrids, which contain parts of platinum and palladium. Local police recorded at least 173 thefts of mufflers or catalytic converters in Japan’s Chiba Prefecture last year - 16 times more than in 2021.

Police added that approximately 90% of such thefts seem to target older models of the Prius, as they contain parts with more platinum and palladium than other cars. 

The Western sanctions against Russia in light of the war in Ukraine resulted in major supply chain disruptions which in turn increased inflation and energy prices around the globe, leaving no country exempt. About 40% of the world's palladium comes from Russia, a major platinum manufacturer.

Related News

Japan cancels US security talks over defense spending demands

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Read next: Russian energy exports grew in 2022 despite sanctions, embargo

The Japanese Internal Affairs Ministry said last month that core consumer prices in Japan climbed 3.7% last month compared to a year earlier. 

Prices jumped the most for processed food items and were also higher for electricity and durable goods like air conditioners.

The November figure is well below the sky-high levels that have sparked concern in the United States, Britain, and elsewhere, but far exceeds the Bank of Japan's long-term goal of 2.0%. 

Even excluding fresh food and energy, the index was up 2.8%.

  • Japan
  • cars
  • Toyota Motor
  • technology
  • inflation
  • theft

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