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May 06, 2024
 

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DEBT CRISIS

Japan Times
COMMENTARY / World
Jun 7, 2015
The best and worst ways to default on sovereign debt
If Greece does decide to default, it should seek to make its path as smooth as possible.
Japan Times
WORLD / Crime & Legal
Apr 29, 2015
Wife shields Greek finance minister from anarchist attack at restaurant
A group of self-styled anarchists threw glass objects at Greek Finance Minister Yanis Varoufakis and his wife at an Athens restaurant late Tuesday, but she hugged him to shield him from the attack, the Finance Ministry said.
Japan Times
BUSINESS
Apr 19, 2015
'Disappointed' IMF urges U.S. to ratify promised quota reforms
The International Monetary Fund pressures the United States to quickly ratify its 2010 quota and governance reforms as emerging economies stew over a delay in power-sharing.
WORLD
Apr 8, 2015
German official slams Greek demands for WWII reparations as 'stupid'
Germany's economy minister branded Greece's demand for €278.7 billion in reparations from World War II as "stupid" on Tuesday, while the German opposition said Berlin should repay a forced loan dating from the Nazi occupation.
Japan Times
WORLD
Feb 17, 2015
EU hangs tough, waiting for Greece to bend as euro wilts
European Union finance ministers piled pressure on Greece on Tuesday to remain in an international financial rescue program as the euro weakened on fears of disruption when Athens' credit lines expire in 10 days.
Japan Times
BUSINESS / Economy
Jan 31, 2015
Greek government refuses to cooperate with 'troika,' seek aid extension
Greece's new leftist government opened talks on its bailout with European partners on Friday by flatly refusing to extend the program or to cooperate with the international inspectors overseeing it.
Japan Times
WORLD / Politics
Jan 28, 2015
Syriza win forces Europe's center-left to reconsider austerity
European politicians at opposite ends of the spectrum celebrated the election victory of Greece's anti-austerity Syriza party on Monday, but Alexis Tsipras' post-communist triumph is forcing mainstream leftists to reconsider their position.
COMMENTARY / World
Apr 21, 2014
How to run the euro area
To manage the eurozone, a multifaceted approach is required to prevent a vicious circle of public- and private-sector deleveraging leading to weaker economic activity that in turn results in a further deterioration in banks' asset quality.
BUSINESS / Economy
Aug 27, 2013
U.S. faces deadline to raise borrowing limit
The United States is set to run out of borrowing authority in mid-October, leaving the government at a high risk of not being able to pay for Social Security checks, military salaries and other operations, the White House said Monday.
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.
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.
Japan Times
WORLD
Mar 26, 2013
New legislators rouse Italian politics
Mr. Smith went to Washington. Carlo Sibilia has come to Rome.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
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.

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