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April 03, 2025
 

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Barry Eichengreen
COMMENTARY / World
May 19, 2010
Instead of folding, EU leaders raise the stakes
BERKELEY, Calif. — The last few weeks have been the most amazing — and important — period of the euro's 11-year existence. First came the Greek crisis, followed by the Greek bailout. When the crisis spread to Portugal and Spain, there was the $1 trillion rescue. Finally, there were unprecedented...
COMMENTARY / World
Apr 28, 2010
Why China has got it right on the renminbi
BERKELEY — After a period of high tension between the United States and China, culminating earlier this month in rumblings of an all-out trade war, it is now evident that a change in Chinese exchange-rate policy is coming. China is finally prepared to let the renminbi resume its slow but steady upward...
COMMENTARY / World
Mar 26, 2010
Nationality is no way to select IMF leader
BERKELEY, Calif. — The International Monetary Fund, many say, has had a good crisis. As recently as three years ago, many observers thought that the Fund had outlived its usefulness and should be closed down. Since then, it has intervened in Hungary, Latvia, Iceland and Ukraine, among other crisis-stricken...
COMMENTARY / World
Jan 29, 2010
A bully pulpit for Obama's financial reforms
BERKELEY, Calif. — President Barack Obama has not had an easy first year economically. He inherited a financial system on the verge of collapse. He was bequeathed an economy in recession and an unemployment rate destined to rise. And he faced a Congress and an economics profession with a tendency to...
COMMENTARY / World
Dec 25, 2009
The challenge of Seoul's G20 chairmanship
BERKELEY, Calif. — On Jan. 1, South Korea takes over the Group of 20 chairmanship from the United Kingdom. Korea is not the first emerging market to chair the G20, but it is the first to do so since the global financial crisis. And it is the first to do so since the G20 emerged as the steering committee...
COMMENTARY / World
Nov 26, 2009
The irresistible rise of the Chinese renminbi
BEIJING — China is making a big push to encourage greater international use of its currency, the renminbi. It has an agreement with Brazil to facilitate use of the two countries' currencies in bilateral trade transactions. It has signed renminbi swap agreements with Argentina, Belarus, Hong Kong, Indonesia,...
COMMENTARY / World
Oct 29, 2009
Reports of the dollar's death are exaggerated
BERKELEY, Calif. — The blogosphere is abuzz with reports of the dollar's looming demise. The greenback has fallen against the euro by nearly 15 percent since the beginning of the summer. Central banks have reportedly slowed their accumulation of dollars in favor of other currencies. One sensational...
COMMENTARY / World
Jul 29, 2009
All stimulus roads lead to China
BEIJING — Now that the "green shoots" of recovery have withered, the debate over fiscal stimulus is back with a vengeance. In the United States, those who argue for another stimulus package observe that it was always wishful thinking to believe that a $787 billion package could offset a $3 trillion...
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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