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April 30, 2024
 

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DEBT 2

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.
BUSINESS / Economy
Jul 18, 2013
China economy 'unsustainable': IMF
China's economy, fueled by credit and government debt that has increased far faster than official statistics reflect, is heading in an "unsustainable" direction that poses major risks in the years ahead, the International Monetary Fund reported Wednesday.
Japan Times
WORLD / Society / FOCUS
Jul 3, 2013
Portugal's baby bust feeding vicious cycle
For an enterprise in the business of welcoming life, the birthing ward inside Portugal's largest maternity hospital is eerily quiet. On a recent morning, not a single expectant father nervously paced the orange laminated floors. Unhurried nurses shuffled by rows of darkened rooms with empty beds, busying themselves with paperwork and a mere three women in labor.
BUSINESS
Jun 27, 2013
Probe launched after Anglo Irish execs' calls leaked
A former executive at Anglo Irish Bank Corp. said it would be "fantastic" if the state took over the lender, as "we'd all get to keep our jobs" and sang "Deutschland uber alles" as the bank won German deposits, according to tapes of 2008 conversations released last Wednesday.
ASIA PACIFIC / FOCUS
Jun 24, 2013
China's slump puts U.S. economy at risk
Concerns are growing about China's economy as the country's new leadership tries to get a handle on deep problems that experts say have been years in the making.
Japan Times
JAPAN / Politics
May 27, 2013
Abe pledges more aid to Myanmar
Prime Minister Abe pledges ¥91 billion in fresh aid to Myanmar and waives another ¥190 billion in debt to support growth and win investment chances for Japan Inc.
COMMENTARY / World
May 27, 2013
The irresponsible part of the debt-growth row
Stanford economist calls rival economist Paul Krugman's notion that the U.S. can wait 10 to 15 years to start dealing with deficits and debt 'beyond irresponsible.'
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
May 21, 2013
Yokohama: What do you think of the prime minister's 'Abenomic' strategy so far?
Businesses are getting better, and at least finance types are strong. But in my business salaries are not going up.
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.
COMMENTARY / World
May 6, 2013
Austerity era appears over (for now)
Something remarkable has happened in the last few weeks. It looks like world financial leaders are focusing on too few jobs instead of the risks from government debt.
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
Apr 13, 2013
Yubari posts 'debt clock' ticking off rehab
The city of Yubari, Hokkaido, which declared bankruptcy in March 2007 with debts of ¥35.3 billion, has posted a clock on its website to show the real-time liability balance and amount it has repaid.
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.
BUSINESS
Mar 27, 2013
Slovenia next in line to face debt woe
As soon as policymakers averted a crisis in Cyprus, another appears to be brewing. The latest country to provoke concern is Slovenia.
BUSINESS
Mar 26, 2013
Cyprus bailout's long-term impact uncertain
European leaders Monday hailed a last-minute bailout for Cyprus as an important step in defending their unified currency, but some officials and analysts questioned whether the deal raised new problems that could still threaten the survival of the euro.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
'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.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
Yen rebounds strongly after first slide past ¥160 since 1990
The yen dropped to ¥160.245 per dollar on Monday before heading into the other direction to ¥155.01 amid speculation of an intervention by Japanese currency authorities.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
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.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
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.

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