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Sushi's Abenomics wave: posh tuna in, plain mackerel out

By Taiga Uranaka TOKYO (Reuters) - Investors in Japan might keep a close eye on sales of the homely horse mackerel as an early warning of any trouble ahead. The good news is that in the more confident Japan of 2013, tuna remains king. So says Mizuho Securities economist Kenta Ishizu, who believes he has found a leading indicator of Japanese consumer demand that relies on two of the most common items on a sushi menu: Japanese horse mackerel and tuna.

Iceland cuts mackerel quota but fails to meet EU demands

Icelandic officials said Monday that the country would cut its controversial mackerel fishing quota by 15 percent, but the EU nonetheless criticized the decision, saying the amount of fish to be taken remained "excessively high." Reykjavik and the EU are at odds over fishing rights, with a "mackerel war" heating up in late 2010 after Iceland unilaterally multiplied its catch quota.
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