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October 12, 2024
 

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DEBT

COMMENTARY / Japan
Mar 24, 2014
Monetize state debt when deflation risks persist
How will central banks achieve a final 'exit' from unconventional monetary policy and return balance sheets swollen by unconventional monetary policy to 'normal' levels?
BUSINESS / Economy / JAPANESE PERSPECTIVES
Mar 1, 2014
Economic figures reveal more than you see
The Cabinet Office's Economic and Social Research Institute on Jan. 17 released the finalized figures on the country's economy's stocks (the net value of accumulated assets at a balance date) and flows (net transactions, including income and expenditure, during an accounting period) that were recorded...
COMMENTARY / World
Feb 9, 2014
China's credit boom raises flags on risk levels
The growth of credit in China at a breakneck pace, including the spike in local-government debt by 70 percent since 2009, is raising serious concerns about the level of risk in China's financial system.
Japan Times
LIFE / Travel
Feb 8, 2014
Railroading debt into Laos
The first time I decided to fly to Vientiane, I was faced with a tossup between a Lao Airlines twin-prop or Aeroflot Soviet Airlines.
COMMENTARY / World
Jan 9, 2014
Europe's prospects looked better in the 1930s
Unless policies change, economic stagnation in the eurozone is likely to persist, posing in some ways a bigger challenge to recovery than the Great Depression did in the 1930s.
COMMENTARY
Jan 4, 2014
China risking a debt crisis from localities
Although the odds this year of a full-blown financial crisis in China are slim, they're not nonexistent. The flash point is the burgeoning debt of localities to finance infrastructure.
EDITORIALS
Dec 25, 2013
Rein in government spending
The government's draft budget for fiscal 2014, which Prime Minister Shinzo Abe's Cabinet approved Tuesday, reflects a lack of government will to reduce public spending and debt even as the tax burden on consumers is set to increase.
BUSINESS / Economy / ANALYSIS
Dec 24, 2013
Debt-issuance levels point to lack of concern for debt: experts
Experts say the draft fiscal 2014 budget doesn't show that the Abe team is serious about revising the debt-driven fiscal structure as more than 40 percent of the budget will be paid for through new debt issuance.
Japan Times
WORLD / Politics
Dec 19, 2013
Senate passes deal to avoid new shutdown
Congress declared a holiday truce in the budget wars Wednesday, sending President Barack Obama a blueprint for funding the government through 2015. But the next skirmish was already on the horizon: an election-year fight over the national debt.
Japan Times
BUSINESS / Companies
Dec 17, 2013
Tepco bonds a safe bet now: Nomura
Nomura Holdings Inc. is urging investors buy Tokyo Electric Power Co. bonds after a report that the government plans to cap the utility's cleanup costs at the wrecked Fukushima No. 1 nuclear power plant.
Japan Times
WORLD
Dec 4, 2013
Judge says Detroit can file for bankruptcy
A federal bankruptcy judge granted Detroit unprecedented powers Tuesday to shed billions of dollars in debt, including the ability to slash city employee pensions despite a state constitutional provision protecting them.
WORLD / Politics
Oct 21, 2013
How much did the shutdown cost? Billions
Shutdowns aren't cheap. This year's closure, which ended Thursday, has probably cost the government and the economy billions of dollars, according to economists and policy analysts.
Japan Times
WORLD / Politics / ANALYSIS
Oct 20, 2013
House GOP has little to show while forcing one crisis after another
There was so much more they wanted to do.
Japan Times
BUSINESS / FOCUS
Oct 19, 2013
Feds return to work dreading unread email trove
There were a few times in recent weeks when Sophia Casey found herself mindlessly walking toward her laptop, ready to scan for new work messages as she's always done at nights and on weekends. Then she would see the computer — powered down, closed and unplugged — and remember: furlough.
WORLD / Politics / ANALYSIS
Oct 17, 2013
U.S. debt deal sets up new risks to growth
The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling would avert a financial catastrophe but leave the weakened U.S. economy facing new threats.
Japan Times
WORLD / Politics
Oct 16, 2013
Boehner's control of his caucus slipping
Republican House Speaker John Boehner started Tuesday with a last-ditch attempt to exert control over his restive caucus, proposing a new plan to open the government and raise the U.S. debt ceiling in an effort to give Republicans a bit of leverage.
COMMENTARY / World
Oct 15, 2013
The dollar and the U.S. debt ceiling
Sane governments don't default by choice — especially when they're privileged with issuing the global currency. We are about to find out whether the U.S. still has a sane government.
Japan Times
WORLD / Politics / FOCUS
Oct 15, 2013
Some fear McConnell-Reid bitter rift could endanger U.S. fiscal deal
When Washington is in crisis and every other option has fallen to pieces — whether on rescuing Wall Street, rewriting national security rules or agreeing on a budget — Senate Majority Leader Harry Reid, a Democrat, and Minority Leader Mitch McConnell, a Republican, are usually the ones who put it...
Japan Times
WORLD / Politics
Oct 15, 2013
Self-cast Senate moderates seek deal from the middle, for the middle
In the past few days, a bipartisan group of 12 U.S. senators has come together to push both parties toward a compromise, hoping to reopen the federal government and raise the national debt ceiling all at once.
Ban on dual nationality is constitutional, Fukuoka High Court rules
Yuri Kondo (center), who filed a lawsuit challenging the constitutionality of Japan's ban on dual nationality, speaks at a news conference in the city of Fukuoka in December 2023.
17-year-old girl found dead in Osaka hotel room was strangled
A security camera footage shows a 17-year-old girl and a man entering a hotel in the city of Osaka on Saturday. She was found dead in the hotel room several hours later.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Long-time 'Doraemon' voice actor Nobuyo Oyama dies at 90
Nobuyo Oyama
Ishiba keeps low profile as he makes diplomatic debut
Ishiba addresses the ASEAN-Japan Summit meeting in Laos on Thursday.
Peter Barakan’s Live Magic! takes its final bow
Annual festival Peter Barakan’s Live Magic! was born a decade ago when Barakan (left) decided to create a platform to share his love of roots music, which he attributes to growing up in 1960s England.
Spate of sumo tour dropouts highlights need to rethink wrestlers' health
Shonannoumi hits the dirt at the hands of Kotozakura during a bout in Tokyo in May. Shonannoumi is among the many top wrestlers who have dropped out of this month's regional tour due to injury.
Japan pushes fossil fuel tech in Asia carbon neutrality initiative
Coal-fired power plants in Bataan, the Philippines, in June 2023. A third of the 158 agreements signed under the Japan-led Asia Zero Emission Community are linked to fossil fuel technologies, a recent study by a climate research group has found.
The forgotten Japanese naturalist who created a U.S. national park
Without Japanese outdoorsman George Masa, America might not have the Great Smoky Mountains National Park — so why do so many people in Japan not know he existed?
Experts move to allay replicon COVID shot fears in Japan amid backlash
A man receives a COVID-19 vaccine in Tokyo on Oct. 1. Experts say fears over the newly approved replicon vaccine are unwarranted.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
The Japanese tech that could one day make Southeast Asia landmine-free
By Anton L. Delgado

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Sasakawa works for a sustainable blue economy
Sasakawa works for a sustainable blue economy

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