Another recall from Toyota, the second one in as many months. It is about 2.8 million vehicles being recalled this time, about 1.5 million here in Japan, more than 650,000 in the US and the remainder of those in Europe. We're still getting details on this. It involves the second generation Prius as well as several different Corolla models. According to Toyota, the problem is with the extension shafts in the steering. They also want to take a look at water pumps in some of the hybrid vehicles. And again, the second recall in as many months, just in October, we had a recall of more than 7 million vehicles. And then if you go back to 2009 and 2010, there was a massive recall, more than 8 million vehicles involved in acceleration problems, a very serious problem for Toyota vehicle. So when you added all up going back to 2009, this puts the number, take a listen, it's quite staggering: more than 18 million vehicles recalled by Toyota going back to 2009. And Pauline, this doesn't even take into account things like the rising yen, the strong yen that has been hitting Toyota hard as well as the tsunami that hit Toyota hard in March of 2011 in a month that followed another course in the floods in Thailand last year, around this time last year that also hit Toyota. So the company simply cannot catch a break and keep in mind as a car manufacturer, you only get one reputation and this is not doing good things for Toyota's right now. Pauline.

Yeah. They are juggling so many challenges right now. And Alex, on the political front, let's talk about politics in Japan. We are hearing that negotiations are in the final stages for Prime Minister Noda to call an election pretty soon. What do you know about this?

Yeah, Pauline, this is the other big story that we've been watching all week. Things have been really wrapping up between Prime Minister Noda and the opposition party, the opposition party saying that he's promised to call an election soon. Noda said that he would do it on his own timetable. Late tonight, this is where things stand. Prime Minister is saying that if the opposition LDP Party is willing to make a few more concessions, then he says that he will likely dissolve parliament perhaps by the end of this week. That move will clear the way for the election commission and then set a day for a much anticipated elections. There are several days being thrown around for that again if this all goes according to plan. The date that most people are saying is December 16, but it could move a few days on either Saturday. That is the big story that we continue to watch through tonight and through the rest of the week.