Oct 2, 2013

Consumption tax raise misdirected

Prime Minister Shinzo Abe confirms that the government will raise the sales tax from 5 to 8 percent beginning in April. But will the tax hike lead to an economic downturn

Oct 2, 2013

Abe trying to strike a delicate balance

by Shinya Ajima

When Prime Minister Shinzo Abe met the news media after deciding to raise the consumption tax next April, he stressed that his administration can pursue economic growth and fiscal discipline at the same time. The declaration Tuesday, which almost sounded as if he was ...

Abe's overture to Wall Street lost in translation

Sep 29, 2013

Abe's overture to Wall Street lost in translation

by William Pesek

Something was definitely lost in translation when Shinzo Abe spoke in New York on Thursday. First, Japan’s self-described reformist prime minister raised the specter of Gordon Gekko, the greed-is-good villain of Oliver Stone’s 1987 film “Wall Street.” Speaking at the New York Stock Exchange ...