Tag - debt

 
 

DEBT

Japan Times
WORLD
Jun 6, 2022
U.S. to let Eni and Repsol ship Venezuelan oil to Europe for debt
While any impact on global oil prices will be modest, Washington's greenlight to resume Venezuela's oil flows to Europe could provide a symbolic boost for the Venezuelan president.
Japan Times
ASIA PACIFIC / Politics
May 10, 2022
China’s green Belt and Road push leaves plenty of gray areas
Since China launched the Belt and Road initiative in 2013, the project has come under a lot of criticism for funding polluting activities overseas. That’s started to change with Chinese President Xi Jinping’s recent pledge to stop supporting foreign coal projects.
Japan Times
COMMENTARY / World
May 5, 2022
Preventing developing-economy debt disasters
The best way to protect people from poverty and food insecurity such as that caused by the Ukraine war is to build a more inclusive social-protection system. But money remains a problem.
Japan Times
ASIA PACIFIC
Apr 28, 2022
A powerful dynasty bankrupted Sri Lanka in just 30 months
In recent weeks Sri Lanka has run out of cash to pay for essential goods like food and fuel, leading to long petrol lines and daily 13-hour power cuts.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 22, 2022
As Russia faces potential default, investors weigh legal options
Foreign creditors would typically try to band together to negotiate, go to court or in some cases seek arbitration in cases of default, but current sanctions make this difficult.
Japan Times
BUSINESS / Economy
Apr 21, 2022
Hunger and blackouts are just the start of an emerging economic crisis
Compounding the danger is the most aggressive monetary tightening campaign the Federal Reserve has embarked on in two decades.
Japan Times
ASIA PACIFIC
Apr 14, 2022
China hesitates on bailing out Sri Lanka and Pakistan as debt soars
Often accused by the U.S. of using 'debt diplomacy” for political advantage, Xi Jinping's government is becoming more reluctant to pull out the checkbook.
Japan Times
WORLD
Apr 7, 2022
Tesla-backed startup made cheap power a debt burden for the world’s poorest
Solar pay-as-you-go plans have been hailed as the answer to bringing clean, affordable electricity to millions, but the system can break down catastrophically.
Japan Times
COMMENTARY / Japan
Mar 25, 2022
Is Japan at risk of a downgrade?
The COVID-19 pandemic stalled the Japanese government's debt-control efforts, now it also has to deal with the economic fallout from Russia's invasion of Ukraine.
Japan Times
COMMENTARY / World
Feb 28, 2022
The 2% inflation target should be consigned to history
It's time for rigid inflation targets to be scrapped and for more flexibility to be breathed into monetary frameworks.
Japan Times
COMMENTARY / World
Feb 2, 2022
Financial illiteracy is not why people struggle
It's human nature to pay the creditors who shout the loudest rather than tackling financial problems in an organized fashion.
Japan Times
COMMENTARY / World
Jan 23, 2022
Stop saying student debt relief is for the rich
Instead of perpetuating the myth that student debt cancellation is for the rich, politicians should recognize how regressive the status quo is and do what's best for the nation.
Japan Times
COMMENTARY / World / The Year Ahead: Reckonings
Jan 7, 2022
Debt-for-climate swaps make sense
The suitability of conditional debt relief as a financing tool for low-income countries to tackle climate change is not always obvious.
Japan Times
BUSINESS / Markets
Dec 9, 2021
Emerging markets’ pandemic-fueled debt party is coming to an end
The amount that developing-economy issuers borrow in the world's biggest debt markets is expected to slow as interest rates rise and pandemic spending is scaled back
Japan Times
COMMENTARY / World
Dec 8, 2021
Time to overhaul the global financial system
Banking regulations should be revised and a new and improved credit-rating system implemented to facilitate more lending to developing countries.
Japan Times
BUSINESS
Dec 8, 2021
Evergrande restructuring puts onus on China's Xi to limit contagion
For now, Chinese authorities plan to ring-fence Evergrande and limit contagion rather than orchestrate a rescue as they've done during past crises.
Japan Times
BUSINESS
Dec 7, 2021
Evergrande's debt deadline passes as Kaisa adds to China's property crisis
With $300 billion of liabilities, Evergrande is at the heart of a property crisis in China that has crushed almost a dozen smaller firms.
Japan Times
BUSINESS
Dec 6, 2021
After months of turmoil, restructuring of Evergrande debt looks imminent
The real-estate giant's situation poses a fresh test for Xi Jinping's government as it tries to rein in the country's financial excesses without derailing economic growth.
Japan Times
COMMENTARY / World
Nov 26, 2021
The true costs of government spending
It has long been clear that Biden's spending bill would leave a $1.5 trillion to $3 trillion hole to be filled with debt even after tax hikes.

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