Paul Volcker, the towering former Federal Reserve chairman who tamed U.S. inflation in the 1980s and decades later inspired tough Wall Street reforms in the wake of the global financial crisis, died Monday at the age of 92, according to his daughter, Janice Zima. Volcker, ...
Reagan made racist remarks about Africans in taped 1971 conversation with Nixon
Then-California Gov. Ronald Reagan made racist remarks about Africans, calling them "monkeys" in a newly discovered taped conversation with U.S. President Richard Nixon. The tape of the October 1971 phone call was unearthed by Tim Naftali, former director of the Richard Nixon Presidential Library, and ...
China looks to historic foe Japan for lessons on handling Trump trade war
As China braces for the full impact of U.S. President Donald Trump's trade war, it's seeking to learn from Japan's economic battles with Washington during the Reagan years. Chinese officials, businesspeople and academics have been pressing their Japanese counterparts to share experiences from the 1980s, ...
Echoes of 1980s trade war seen in Trump comments on Japan
As a presidential candidate, Donald Trump surprised and angered many in Japan with comments about how unfair Japan's trade policies were. His Twitter comments threatening Toyota Motor Corp. with a border tax if they built a plant in Mexico and tried to sell their cars ...
Declassified papers show U.S. urged Japan to pay more for security costs in 1980s
The U.S. government in 1983 strongly urged Prime Minister Yasuhiro Nakasone to raise Japan’s share of spending on security, according to diplomatic records declassified by Tokyo on Thursday. The files also showed that Nakasone immediately responded to a U.S. request to contribute funds to a ...
Pondering Trump's future prospects of throwing out first pitches in MLB, NPB
What kind of president will Donald Trump be regarding sports? U.S. presidents have a tradition of throwing out the first ball to open a Major League Baseball season. They are also known for welcoming World Series winners and champion teams from other sports leagues to ...
Ex-Reagan aide says Abe has yet to eclipse Nakasone in terms of strategic vision
In the wake of the Liberal Democratic Party-Komeito ruling bloc victory in the Upper House election in July, Shinzo Abe appears set to eclipse Yasuhiro Nakasone this year as the fourth-longest-serving prime minister in postwar Japan. But as many point out, the issue is not ...
Ronald Reagan owed his great success to Nancy
Without his wife Nancy, Ronald Reagan would not have come to the place he occupies in history.
Nakasone sought early meeting with Reagan during LDP race for prime minister
Former Prime Minister Yasuhiro Nakasone, while running for leadership of the ruling party in late 1982, sought to arrange an early visit to the United States if he became prime minister, according to a Japanese diplomatic document declassified Thursday. Nakasone conveyed the wish for a ...
GOP hawks twist Reagan's foreign policy legacy
A de facto peacenik who was horrified by the prospect of needless war, Ronald Reagan would be angry at Republican hawks' attempts to use his legacy to justify a failed foreign policy.
Reagan played key role in U.S. war on inflation
There is common agreement that the decline of double-digit inflation in the U.S. was the big economic event of the 1980s. But to say that President Ronald Reagan had almost nothing to do with that is wrong.
Reagan shooter Hinckley will not be charged over Brady death
Federal prosecutors will not charge John Hinckley Jr. in the death of former White House press secretary James Brady even though a medical examiner ruled his death a homicide. Brady was shot in the head during Hinckley's 1981 assassination attempt on President Ronald Reagan. The gunshot ...
