Jun 30, 2012

North Korea needs a new direction

A half year has passed since the Dec. 17, 2011, death of former North Korean leader Kim Jong Il. The “military first” policy is his legacy. North Korea’s new leader, Kim Jong Un, his youngest son, should pursue the path of giving priority to ...

Jun 3, 2012

Quickstep to restarting reactors

The union of nine local governments in Kansai — the Shiga, Osaka, Kyoto, Hyogo, Wakayama, Tokushima and Tottori prefectures plus Osaka and Sakai cities — on Wednesday softened its opposition to the restart of the Nos. 3 and 4 reactors at Kansai Electric Power ...

May 31, 2012

AEC's dubious behavior

It has surfaced that the Cabinet Offices’s Atomic Energy Commission, in the course of its review of Japan’s nuclear fuel cycle policy, has held a series of closed-door study meetings attended by insiders in the nation’s nuclear power establishment. These meetings were separate from ...

May 25, 2012

Wearing two hats will damage NHK

Tokyo Electric Power Co. has picked Mr. Fumio Sudo, the top official at Japan Broadcasting Corp. (NHK), as one of its six outside directors. The chairman of NHK’s board of governors said he has no intention of leaving his NHK post. If he serves ...

May 22, 2012

Back to Earth for Mr. Dimon

JPMorgan Chase recently posted $2 billion in trading losses. Mr. Jaimie Dimon, JPMorgan Chase chief executive and a man considered one of the savviest bankers in the world, has dismissed the losses as “a tempest in a teapot.” Given the scale of his bank’s ...

May 4, 2012

Mr. Noda, Mr. Obama and the alliance

Prime Minister Yoshihiko Noda met with U.S. President Barack Obama at the White House on April 30 and later issued a joint statement underlining the importance of “the U.S.-Japan Alliance” as “the cornerstone of peace, security and stability in the Asia-Pacific region.” Clearly an ...

May 1, 2012

Changing Futenma statement

Japan and the United States on April 27 issued a joint statement — an interim report on the review of the 2006 plan to realign U.S. armed forces in Japan. The statement hints at the possibility of exploring new options concerning the plan to ...

Apr 26, 2012

Changing Tepco from the inside

The government on April 19 picked Mr. Kazuhiko Shimokobe, a bankruptcy lawyer with vast experience in corporate restructuring, as chairman of Tokyo Electric Power Co. He headed the decision-making body of the Nuclear Damage Liability Facilitation Fund, a public entity that injects funds into ...

Apr 17, 2012

Unwise attempt to restart reactors

Prime Minister Yoshihiko Noda, trade and industry minister Yukio Edano and two other Cabinet ministers on April 13 concluded that the Nos. 3 and 4 reactors at Kansai Electronic Power Co.’s Oi nuclear power plant in Fukui Prefecture are safe enough to restart even ...

Mar 12, 2012

Delusional pretexts to attack Iran

by Gwynne Dyer

The last time U.S. President Barack Obama met Israeli Prime Minister Benjamin Netanyahu, it was obvious that the two men distrusted and despised each other. This time (March 5), their mutual dislike was better hidden, but the gulf between them was still as big, ...

Mar 5, 2012

Much to learn from crisis report

A report made public Feb. 27 by a private-sector independent panel set up by the Rebuild Japan Initiative Foundation reveals in detail how the government handled the crisis at Tokyo Electric Power Co.’s Fukushima No. 1 nuclear power plant. Citing factors that exacerbated the ...

Mar 4, 2012

Small step in the right direction

The United States and North Korea have found common ground. Washington and Pyongyang announced on Wednesday that the North would stop nuclear and missile provocations as the U.S. would proceed with the provision of food aid. This seeming consensus should open the door to ...