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Andrea Shalal
For Andrea Shalal's latest contributions to The Japan Times, see below:
Brazil's Minister of the Environment Marina Silva (left), U.S. Treasury Secretary Janet Yellen (center) and Abrao Neto, CEO of American Chamber of Commerce for Brazil, take part in a meeting on the U.S.-Brazil economic relationship, in Sao Paulo on Tuesday.
WORLD / Politics
Feb 28, 2024
G20 to mention conflicts but sidestep controversies in joint statement
A draft version of the communique, far shorter than that of previous years, also flags the risks of high uncertainty to the global economy.
Demonstrators protest inside the Rockefeller Center asking for a cease-fire in the ongoing conflict between Israel and the Palestinian militant group Hamas, as U.S. President Joe Biden attends an interview in midtown Manhattan in New York on Monday.
WORLD / Politics
Feb 28, 2024
Among key Democratic Party voters Biden faces rebellion over Gaza war
Officials say the depth of Democratic Party anger over U.S. President Joe Biden’s handling of the Gaza war has caught his campaign off guard.
The International Monetary Fund headquarters in Washington. The IMF sees downside risks in the Japanese economy, which unexpectedly slipped into a recession at the end of last year.
BUSINESS / Economy
Feb 23, 2024
IMF sees downside risks for Japan in 2024
Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world's third-biggest economy to Germany.
The U.S. Steel Clairton Coke Works in Clairton, Pennsylvania. U.S. President Joe Biden's top economic advisor said the purchase of the firm by Nippon Steel deserves serious scrutiny, in the latest sign of political pressure over the deal.
BUSINESS / Companies
Dec 22, 2023
Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says
The White House said it views a strong domestic steel industry as vital to the U.S. economy and national security.
U.S. President Joe Biden meets with Ukrainian President Volodymyr Zelenskyy in the Oval Office at the White House in Washington on Thursday.
WORLD / Politics
Sep 22, 2023
In Washington, Zelenskyy makes case for critical aid to Ukraine
The Ukrainian leader thanked U.S. President Joe Biden for a new $325 million military aid package of weaponry and air defenses.
U.S. President Joe Biden at the White House in Washington on Sunday
WORLD / Politics
Sep 18, 2023
Can Joe Biden and a wad of cash win rural America for Democrats?
Billions of dollars in federal funding have flowed to rural areas' infrastructure since Biden took office.
International Monetary Fund Managing Director Kristalina Georgieva walks after attending an interview at the International Media Center at the Group of 20 summit in New Delhi on Sept. 10.
BUSINESS / Economy
Sep 16, 2023
IMF to urge China to shift growth model toward consumption
IMF Managing Director Kristalina Georgieva plans to ask China to address a number of issues that are dragging down both Chinese and global growth.
U.S. Treasury Secretary Janet Yellen speaks at an event in Las Vegas on Monday.
WORLD / Politics
Aug 16, 2023
Yellen's Las Vegas stop shows Bidenomics can be a tough sell
Even as Americans feel the benefits, it's not clear this approach will deliver Biden the votes he needs in 2024.
U.S. President Joe Biden in Washington on July 21. On Wednesday, Biden signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips, and require government notification in other technology sectors.
WORLD / Politics
Aug 10, 2023
Biden orders ban on U.S. investment in key Chinese technologies
The order restricts investments in semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
International Monetary Fund chief economist Pierre-Olivier Gourinchas
BUSINESS / Economy
Jul 26, 2023
IMF urges BOJ to move away from yield control and prepare for future tightening
The remarks came ahead of the BOJ's meeting on Friday, where the board will release price forecasts and debate whether to adjust policy.
Japan Times
BUSINESS
May 16, 2023
U.S. on track for June 1 default without debt ceiling hike, Treasury says
In her second letter to Congress in two weeks, Treasury Secretary Janet Yellen confirmed that the agency will be unlikely to meet all U.S. government payment obligations by early June.
Japan Times
BUSINESS
May 9, 2023
Yellen is calling CEOs personally to warn on U.S. debt ceiling, sources say
Yellen told lawmakers last week that Treasury will likely be unable to pay all the government's bills as early as June 1 without an increase in the federal debt limit.
Japan Times
JAPAN
May 3, 2023
Yellen to travel to Japan for G7 finance ministers meeting
Treasury said Yellen would work with G7 partners to strengthen the global economy, including by coordinating on efforts to encourage and align domestic investments.
Japan Times
BUSINESS / Economy
Mar 28, 2023
World Bank warns of 'lost decade' in global growth without bold policy shifts
Failure to reverse the expected slowdown in GDP growth would have profound implications for the world’s ability to tackle climate change and reduce poverty, new report claims.
Japan Times
BUSINESS
Mar 13, 2023
After Silicon Valley Bank failure, U.S. acts to shore up confidence in banking system
The move will not lead to losses by American taxpayers and all depositors, including those whose funds exceed the maximum government-insured level, will be made whole.
Japan Times
WORLD
Mar 10, 2023
Biden's $6.8 trillion budget challenges Republicans and raises taxes on rich
The president challenged Republican opponents on fiscal responsibility, highlighting plans to cut U.S. deficits nearly $3 trillion over 10 years by raising taxes on high earners.
Japan Times
WORLD
Jan 9, 2023
Biden visits U.S.-Mexico border as immigration issue heats up
Biden toured a section of the wall that divides the two countries, a signature priority of his Republican predecessor Donald Trump.
Japan Times
WORLD
Nov 5, 2022
As clock ticks on G7's Russia oil price cap, big questions remain
Just a month before G7 nations plan to cap the price of Russian oil, officials are racing to finalize details, leaving traders, shippers and insurers with questions about how it will work.
Japan Times
BUSINESS / ANALYSIS
Oct 23, 2022
Poor nations face peril over elusive G20 debt relief push
Results under the Common Framework have proven elusive, hampered by a combination of a lack of progress in bringing key creditors around the table and getting them to commit to joint action.
Japan Times
BUSINESS / FOCUS
Oct 9, 2022
Ukraine seeks to rebuild economy with defiant small businesses
To reverse the economic shock caused by the biggest war in Europe since World War II, Kyiv is pinning its hopes on the entrepreneurial resolve and return of millions of refugees.

Longform

High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
Can Japan lure the jet-set class off the beaten path?