Aso vows 'drastic' action on deflation

Mar 1, 2013

Aso vows 'drastic' action on deflation

Prime Minister Shinzo Abe’s administration will take “drastic” measures to revitalize the economy, Finance Minister Taro Aso pledged Thursday, suggesting that previous policies had been insufficient to beat back more than a decade of deflation. “Deflation is a deep-rooted problem that has undermined the ...

Currency veteran offers BOJ credibility on reflation

Feb 27, 2013

Currency veteran offers BOJ credibility on reflation

by John Brinsley

The Bank of Japan may pack a bigger punch under Haruhiko Kuroda, an opponent of deflation who ran the nation’s currency policy and then built an international reputation leading the Asian Development Bank. Finance Minister Taro Aso told reporters Monday that Kuroda, Prime Minister ...

Michelle Obama dance on TV show goes viral

Feb 25, 2013

Michelle Obama dance on TV show goes viral

A video clip of first lady Michelle Obama grooving with a dressed-in-drag Jimmy Fallon on his late-night comedy talk show went viral on YouTube on Saturday. In the video, the pair, each clad in conservative slacks and a cardigan, and Fallon with a long ...

Feb 15, 2013

LDP gets behind the Hague Convention

by Reiji Yoshida

Now that a majority of the Diet appears to support joining the international treaty on settling cross-border child custody disputes, the government expressed determination Thursday to push for quick ratification of the 1980 Hague Convention. The Liberal Democratic Party’s joint foreign and legal affairs ...

China provocation slammed

Feb 8, 2013

China provocation slammed

by Ayako Mie

Defense Minister Itsunori Onodera warns China that it may have violated the United Nations Charter when its warships locked their fire-control radars on a Maritime Self-Defense Force destroyer and helicopter last month and calls for setting up a hotline between Tokyo and Beijing.