Tag - debt

 
 

DEBT

Japan Times
BUSINESS
Dec 7, 2022
South Korea debt crisis is a cautionary tale as era of easy money ends
Even relatively safer financial systems like South Korea's face threats of contagion.
Japan Times
COMMENTARY / World
Dec 4, 2022
A spotlight on Chinese debt bondage
China's creditor imperialism holds far-reaching risks — both for the debtors themselves and for the future of the international order.
Japan Times
BUSINESS / Economy / FOCUS
Nov 14, 2022
From bad to worse? Next year’s economic risks are already here.
History says the Federal Reserve's high-speed interest-rate hikes may well tip the U.S. into recession in 2023. Few will be surprised if spiraling natural-gas prices do the same for Europe.
Japan Times
WORLD
Nov 11, 2022
U.S. judge declares Biden's student debt relief plan unlawful
Biden's plan has been the subject of several lawsuits by conservative state attorneys general and legal groups
Japan Times
BUSINESS / Economy
Nov 8, 2022
More developing countries refinancing debt in green deals to tackle climate change
Collectively, 58 of the world's developing countries most vulnerable to climate change have almost half a trillion of debt servicing payments due in the next four years.
Japan Times
CARTOONS / DAHL'S JAPAN
Nov 7, 2022
Roger Dahl on balancing debt and inflation
Japan Times
BUSINESS
Oct 5, 2022
Lack of scrutiny on 'green' bonds offering firms cheap finance while derailing climate action
That firms set their own objectives to evade interest penalties incentivizes them to aim low, as so-called greenwashing enters a $22 trillion corporate bond market.
Japan Times
BUSINESS
Oct 5, 2022
Ruling LDP looks to continue aid to struggling Japan firms as pandemic loans end
The party will draw up new support proposals for firms at risk of default, aiming to reflect them in the government's economic package that will be put together by the end of the month.
Japan Times
COMMENTARY / World
Sep 21, 2022
Averting debt disaster in the developing world
The global community needs to do more to pull at risk countries from the brink of debt disaster.
Japan Times
WORLD
Sep 7, 2022
How will Ukraine rebuild (and who should pay)?
A report to Western donors before a major reconstruction conference next month urges quick decisions, phased investment and strict foreign oversight of any aid.
Japan Times
ASIA PACIFIC / ANALYSIS
Sep 7, 2022
With an IMF deal in hand, Sri Lanka now courts China and India
To get debt to a sustainable level, Beijing, New Delhi, Tokyo, multilateral organizations and global asset managers must all swallow losses.
Japan Times
WORLD
Aug 25, 2022
Biden’s student-loan relief adds new wrinkle to inflation debate
In announcing the plan Wednesday, the White House flagged that the move would have competing impacts.
Japan Times
COMMENTARY / World
Aug 15, 2022
The end of the EU’s free lunch
The Keynesian demand policy to stimulate economic activity will merely fuel inflation, for which the ECB will rightly be blamed if it keeps buying government bonds.
Japan Times
ASIA PACIFIC
Aug 3, 2022
Sweeping mortgage boycott changes the face of dissent in China
While real estate has been the most common cause of protests in recent years, a coordinated boycott of this scale has never happened before in China.
Japan Times
BUSINESS
Aug 1, 2022
China Evergrande falls short of promised restructuring plan
Adding to setbacks, the company said in a filing Sunday that one of its units will need to sell shares of a bank in northeastern China, after losing an arbitration ruling.
Japan Times
COMMENTARY / World
Jul 27, 2022
Why Sri Lanka imploded
Sri Lanka's ruling Rajapaksa family's ill-advised economic handouts and unsustainable policies eventually ran into a wall.
Japan Times
COMMENTARY / World
Jul 14, 2022
The fall of the house of Rajapaksa
Through a combination of authoritarianism, nepotism, cronyism, and hubris, the Rajapaksa family weighed down Sri Lanka's economy with more debt than it could possibly bear.
Japan Times
ASIA PACIFIC
Jul 13, 2022
Chinese homebuyers across 22 cities refuse to pay mortgages
The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class.
Japan Times
BUSINESS / ANALYSIS
Jul 4, 2022
China casts giant shadow over emerging nations' chase for debt relief
Beijing has kept a low profile, not only on lending conditions but also on how it renegotiates with borrowers in distress.
Japan Times
BUSINESS
Jun 27, 2022
Russia defaults on foreign debt for first time since 1918
Given the damage already done to the economy and markets, the default is also mostly symbolic for now, and matters little to Russians dealing with double-digit inflation.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past