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May 02, 2024
 

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BUDGETS

BUSINESS
Sep 27, 2013
Obama draws line in sand on health law, debt ceiling
To the chagrin of many in his own party, President Barack Obama has almost always been willing to negotiate — on taxes, on spending, even on the social safety net.
BUSINESS
Sep 27, 2013
Republican hard-liners block plan to avoid U.S. defaulting on debt
The Republican Party's right wing on Thursday blocked a strategy by House Speaker John Boehner for navigating a series of deadlines to keep the government funded and avoid a first-ever U.S. debt default.
Japan Times
WORLD / Politics
Sep 25, 2013
Cruz, party tangle over U.S. shutdown
Texas Sen. Ted Cruz escalated his conflict with fellow Republicans Tuesday when he stepped up his attacks on President Barack Obama's signature health care law, complicating House GOP efforts to pass a funding bill that would avert a government shutdown next week.
Japan Times
WORLD / Politics
Sep 15, 2013
Conservative Club for Growth targets 'Obamacare'
The first sign that Republican leaders could not control their new majority came on a vote to help Americans who lose their jobs to foreign workers. House Majority Leader Eric Cantor considered the measure routine and in February 2011 put it on a list of bills that were expected to pass without objection.
BUSINESS / Economy
Aug 30, 2013
White House, Republicans give up on budget talks
The Obama administration and a group of Republican senators on Thursday abandoned efforts to hammer out a budget deal and avoid a showdown over the national debt, saying they had failed to resolve their long-standing dispute over taxes.
Japan Times
WORLD / Politics
Aug 26, 2013
U.S. government not shrinking fast
After 2½ years of budget battles, the U.S. federal government is on pace this year to spend $3.455 trillion.
Japan Times
WORLD
Aug 12, 2013
Presidents' grand plans fail in Detroit
During the Nixon years, Detroit's business elite laid plans for the glittering Renaissance Center retail and office complex. The Ford and Carter administrations brought the "People Mover," an elevated rail loop around downtown that hardly anybody rides today.
BUSINESS
Jul 29, 2013
China orders government debt audit
China will start a nationwide audit of government debt this week as the new Communist Party leadership investigates the threats to growth and the financial system from a record credit boom.
Japan Times
BUSINESS
Jul 26, 2013
Obama wants Congress to just get out of the way
There have been many economy road shows over the past 4½ years, a mix of presidential pageantry and salesmanship to convince the United States and Congress to do more to create jobs and improve future economic prospects.
Japan Times
BUSINESS / FOCUS
Jul 22, 2013
Restructuring wizard sets sights on Detroit
The man who has become the face of Detroit's historic bankruptcy planned to spend his weekend at home in Chevy Chase, Maryland, corralling the ferns that are overgrowing their planters and threatening his garden. Or maybe taking his two young children to the pool.
Japan Times
BUSINESS / FOCUS
Jul 20, 2013
Detroit renews urban policy debate
A national urban policy would not have saved Detroit, but the city's bankruptcy filing Thursday was a vivid reminder of how the problems of America's cities have long ceased to be a focal point of the political debate in presidential campaigns or on Capitol Hill.
BUSINESS
Jul 20, 2013
G-20 vows to prioritize employment, economic growth in short term
The finance chiefs of the Group of 20 major economies pledge to take necessary steps to boost job creation and economic growth as a near-term priority.
Japan Times
BUSINESS
Jul 19, 2013
Detroit files for biggest municipal bankruptcy in American history
Detroit files the largest municipal bankruptcy in U.S. history, marking a new low in a decline that has left the Motor City bleeding revenue and choking city services.
WORLD
May 19, 2013
Obama seeks over $1 trillion in new taxes
President Barack Obama's most recent budget request will reduce borrowing by $1.1 trillion over the next decade compared with current law — almost entirely through higher taxes on the rich, large estates and smokers, congressional budget analysts said Friday.
WORLD
Apr 28, 2013
Air delays get swift action as House OKs funding bill
Sequestration became a reality to the broad public in airports across the the United States this past week, and on Friday both Congress and the White House caved in to pressure from tens of thousands of airline passengers angered by flight delays.
Japan Times
BUSINESS
Apr 24, 2013
Sequestration-linked furloughs spur U.S. airport mayhem
After months of inside-the-Beltway drama, the impact of sequestration cutbacks moved to center stage America on Monday as the aviation system was slowed by the furlough of 1,500 air traffic controllers.
Japan Times
WORLD / Science & Health
Apr 12, 2013
'Nutty' U.S. researcher champions oddball science
Patricia Brennan received $384,949 from the U.S. government to study duck genitalia. Last month, that made her a national joke. Now, it's made her a little bit of a folk hero.
Japan Times
WORLD / Politics
Apr 6, 2013
Cameron uses Korean crisis to defend nuclear arsenal
Prime Minister David Cameron warned against any move to abandon the U.K.'s submarine-based nuclear weapons, citing a growing threat from North Korea and Iran as his Liberal Democrat coalition partners consider scaling back the missile program.
Japan Times
WORLD / Politics / FOCUS
Apr 3, 2013
As U.S. wallows in debt, bright ideas to save country billions go to waste
After President Barack Obama set up a national online suggestion box in 2009 asking federal workers for new ways to cut the budget, 86,000 ideas came in. Some, inevitably, were a little odd.
WORLD
Mar 22, 2013
U.S. Congress approves temporary spending bill to keep government open
The U.S. Congress approved a short-term funding bill Thursday that ends the possibility of a federal government shutdown next week, but a broader budget battle about taxes and spending for 2013 is only just beginning.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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