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Is it a sign of a full-fledged economic recovery or a looming catastrophe in the monetary making? Recent spikes in Japan’s long-term interest rate, represented by the 10-year government bond, have created a stir and roused a deep sense of alarm among investors and ...
Tonkatsu is comfort food, gourmand grub — not a gourmet delicacy. So what are those hearty, unpretentious deep-fried breaded pork cutlets doing in an elegant little bar-style restaurant above one of Ginza’s temples to high-end consumption? Katsuzen has come a long way from its ...
Life in Japan just seems tailor-made for certain foreign residents, who slip into the fabric of this society as smoothly as a hand slides into a glove. American Curtis Patterson, a professional koto player and music teacher, is a case in point. Not only ...
It is a tricky deal being an authorized biographer. Charles Moore’s big advantage over those who have previously tackled Margaret Thatcher is that he has been provided with material denied to them. Of the arrangement that he was offered by his subject, he writes: ...
David Beckham, whose curling free kicks, rugged good looks and celebrity marriage made him one of the most famous athletes in the world, is retiring from soccer. Whether striding on the grass, the red carpet or the fashion catwalks, Beckham transcended his sport and ...
It was a bitter weekend for Europe. In elections across the continent, voters expressed displeasure with their political leaders. The results were no surprise and reflected deep concern about economic policy and, especially, the impact of the austerity measures that have been adopted to ...
The results of the first round on April 22 of the French presidential election underlined that France’s economic stagnation caused by the 2008 Lehman Brothers shock and the eurozone sovereign debt crisis was an important factor. They point to people’s strong dissatisfaction with the ...
I go to France quite often, but after this article is published, I may be liable to arrest if I set foot in the country. The French parliament has just passed a bill, proposed by President Nicolas Sarkozy’s party, that will make it a ...
At the European crisis summit in December, David Cameron was snubbed by his European colleagues. His “veto” on accepting treaty changes believed by other members to be necessary to save European economies left Britain isolated. All the other 26 countries were prepared to enter ...
Loss of confidence in the financial conditions of eurozone countries with mounting debts has destabilized financial markets, and the uncertainty now threatens to put the global economy in jeopardy. Amid the crisis, Chancellor Angela Merkel of Germany and President Nicolas Sarkozy of France met ...
LONDON — In 2008, at a time of financial peril, the world united to restructure the global banking system. In 2009, as trade collapsed and unemployment rose dramatically, the world came together for the first time in the Group of 20 to prevent a ...
LONDON — This seems to be the time to woo India as a defense partner. The British defense secretary, Liam Fox, was in New Delhi promoting the European fighter Typhoon as India was looking to buy 126 multi-role combat aircraft for its air force. ...