Aug 1, 2014

Japan must hike sales tax again to conquer debt, IMF says

Japan must raise its sales tax again to conquer one of the world’s heaviest public debt burdens, the International Monetary Fund said on Thursday, as it called for deep economic reforms. The recommendations, outlined in the Washington-based fund’s annual country report, come four months ...

Jul 31, 2014

Japan flirts with recession; planned tax hike in doubt

Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week, could pressure the central bank to ease policy and complicate a decision on whether to raise taxes. The severe contraction in output ...

| Jul 29, 2014

Abe's flawed contingency plan

If the barren state of Tokyo-Seoul ties continues, Shinzo Abe's call for the exercise of the right to collective self-defense as well as the protection of Japanese citizens on the Korean Peninsula in an emergency is doomed to become pie in the sky.

Abe top globetrotter in Japan-is-back blitz

Jul 29, 2014

Abe top globetrotter in Japan-is-back blitz

If it’s Monday, it must be Trinidad and Tobago. That’s what Prime Minister Shinzo Abe could have said as he woke up Monday in Port of Spain, the Caribbean country’s capital. By Monday next week Abe will have visited 47 nations since taking office ...

Jul 29, 2014

Japan to set up new economic aid programs for Caribbean Community

Prime Minister Shinzo Abe on Monday pledged to launch new economic aid programs for the 14 member states of the Caribbean Community to continue support for the countries even after Japan’s official development assistance ends. At the first summit meeting between Japan and the ...