Tag - debt

 
 

DEBT

Japan Times
COMMENTARY / World
Feb 2, 2021
Now they tell us: Austerity is out in a low-interest rate world
It is no coincidence that there have been waves of populism across the Western world in the wake of the global financial crisis — and the imposition of the austerity orthodoxy.
Japan Times
BUSINESS / Economy
Jan 7, 2021
Environmental debt risk is bigger than Japan’s GDP
For Moody's Investors Service, environmental considerations are becoming increasingly relevant when assessing credit quality.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 4, 2021
2020 just the start of a testing decade
The gap between Wall Street and Main Street has widened, reflecting a K-shaped recovery in the real economy. The pandemic is thus sowing the seeds for more social unrest in 2021.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 4, 2021
COVID-19 generates a quiet financial crisis
In addition to virus-related trends, a quieter crisis is gaining momentum in the financial sector. Even without a Lehman moment, it could jeopardize prospects for recovery for years.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 3, 2021
Debt and disease amid the pandemic
The pandemic will likely leave several countries with distressed debt that will have to be resolved, but many will lack the capacity to ensure a level playing field for negotiations.
JAPAN
Dec 29, 2020
After massive COVID-19 spending, how large is Japan’s debt?
Experts say increased spending is unavoidable but that Japan will need to start seriously discussing how it will deal with its debt once the pandemic eases.
Japan Times
COMMENTARY / World
Dec 28, 2020
China should join the Paris Club
The problem is that China, the largest sovereign lender in the world, is not a member, because other leading creditors complain that its loans and lending conditions are not transparent.
Japan Times
BUSINESS / Economy / FOCUS
Dec 17, 2020
China's move toward monetary tightening attracts influx of capital
People's Bank of China Gov. Yi Gang has vowed to normalize policy, widening a divergence with other large economies in ways that will shape global capital and trade flows.
Japan Times
ASIA PACIFIC
Nov 20, 2020
China has given $2.1 billion of debt relief to poor countries
China has extended debt relief to developing countries worth a combined $2.1 billion under the G20 framework, the highest among the group's members in terms of the amount deferred, the country's Finance Minister Liu Kun said on Friday.
Japan Times
COMMENTARY / World
Nov 18, 2020
In Africa’s debt fog, China loses too
As the African continent's biggest lender, the bigger prize for China has always been political.
Japan Times
COMMENTARY / World
Nov 2, 2020
Why emerging markets are wary of a modern monetary fix
For countries that pass the threshold conditions, MMT says the only real constraint on government spending is inflation.
Japan Times
BUSINESS / Companies
Sep 25, 2020
China developer Evergrande spooks investors with liquidity crunch warning
If the firm fails to win approval for a listing in Shenzen it will need to repay debt valued at around 92 percent of its cash, threatening the broader financial system.
Japan Times
BUSINESS / Economy
Aug 24, 2020
China investors predict record defaults in risky end to 2020
Some fund managers are bracing for defaults on domestic Chinese debt to hit record highs this year.
Japan Times
WORLD / Politics
May 25, 2020
Europe’s debt reckoning may mean tough choices on who to tax
As European governments rapidly ramp up borrowing to aid economies, the region's experience of austerity is framing the debate on how to tackle debt.
Japan Times
BUSINESS
May 18, 2020
Unpriceable risk of climate change stalks $31 trillion sovereign debt market
How much growth are societies willing to sacrifice to counter climate change and how will that affect the sovereign debt market?
Japan Times
BUSINESS / Companies
Apr 27, 2020
Bailouts and delistings loom for Japan’s beleaguered regional banks
Coronavirus crisis expected to cause bad loans to climb and investment income to evaporate
Japan Times
BUSINESS / Markets
Apr 20, 2020
The money taboo that central banks have shied away from so far
The coronavirus economy is shredding records for government borrowing and for central-bank lending. Soon it may also smash the taboo that’s supposed to keep those two things apart.
Japan Times
BUSINESS / Economy
Apr 9, 2020
Huge Australian household debt threatens to worsen recession
Thuy Pham has run two jobs for much of her working life, and a little over two years ago all that effort paid off when she realized a dream of buying her own home. As the coronavirus shutdowns have deepened, that’s started to unravel: First she was stood down from one job, then the other, and now she’s...
Japan Times
BUSINESS / FOCUS
Mar 29, 2020
Global wave of consumer default underway, beginning in China
Like millions of people around the world, Zhang Chunzi borrowed money she thought she would be able to repay. Then the new coronavirus changed everything.
Japan Times
BUSINESS / Economy
Feb 13, 2020
'No reason' rising U.S. wages and job gains can't continue, says Fed chief Powell
Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year.

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