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Japan Times
BUSINESS
Dec 16, 2022

Germany's big-spending energy bailouts may not be enough

Europe's pre-eminent economy, long a byword for prudent planning, now finds itself at the mercy of the weather.
Japan Times
WORLD / Science & Health
Jan 27, 2019

Germany to phase out coal by 2038 in move away from fossil fuels

Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least €40 billion ($45.7 billion) in aid to regions affected by the phase-out.
Japan Times
BUSINESS
Dec 22, 2022

Germany to boost reliance on coal as energy security trumps climate goals

Europe's largest economy is burning the fossil fuel for electricity at the fastest pace in at least six years.
Japan Times
BUSINESS / Economy
Apr 12, 2023

IMF issues growth warning as it lowers 2023 forecast

Concerns over high inflation, rising geopolitical tensions and financial stability hang over the updated forecasts, with the impact of war in Ukraine continuing to dampen growth.
Japan Times
BUSINESS / Economy
Jan 26, 2022

Slowdowns in U.S. and China will hold back global growth, report says

Higher inflation, supply chain chokepoints, and pandemic-related shutdowns and worker shortages continue to afflict rich and poor nations, the IMF said.
Japan Times
WORLD
Jun 20, 2023

Europe now fastest-warming continent as heat outpaces global norms, report shows

Climate and weather hazards in 2022 led to 16,365 deaths, mostly relating to heat waves, and caused $2 billion in damage, largely connected with floods and storms, according to the analysis.
Japan Times
WORLD
Jul 10, 2023

Pressure grows for world's militaries to report and reduce greenhouse emissions

As temperatures hit new highs, scientists and environmental groups are stepping up efforts to end a long-standing exemption that has kept some military climate pollution off the books.
Japan Times
BUSINESS / Economy
Sep 26, 2022

World economy jolted by war, with recessions now seen looming

The global economy will expand just 2.2% in 2023, the Paris-based OECD said Monday.
Japan Times
WORLD
Feb 18, 2023

The post-Cold War era is gone. A new arms race has arrived.

Governments around the world are drawing lessons from Europe’s first high-intensity war since 1945, reassessing everything from ammunition stocks to weapons systems and supply lines.
Japan Times
COMMENTARY / Japan / Geoeconomic Briefing
Apr 18, 2023

Ahead of G7 Hiroshima summit, Japan should examine past contributions

Cooperating with NATO and getting the so-called Global South involved in global security is a vital next step.
Japan Times
WORLD
Feb 23, 2023

How Europe ditched Russian fossil fuels with spectacular speed

The transition has been painful, with Europeans getting hit by a roughly $1 trillion energy bill last year, only cushioned by government subsidies.
EDITORIALS
Mar 15, 2014

Good year to sell to the mega-rich

The number of individuals in the world with $30 million or more in net assets increased between 2012 and 2013 to 167,000 worldwide, according to a report used by high-end specialty services that cater to the mega-rich.
Japan Times
BUSINESS / Economy
Jan 13, 2023

World economy walks tightrope between recession and soft landing

A variety of factors are combining to dissipate some of the gloom that engulfed financial markets at the end of 2022.
Japan Times
BUSINESS / FOCUS
Oct 9, 2022

Ukraine seeks to rebuild economy with defiant small businesses

To reverse the economic shock caused by the biggest war in Europe since World War II, Kyiv is pinning its hopes on the entrepreneurial resolve and return of millions of refugees.
Japan Times
BUSINESS
Nov 18, 2022

Workers will keep their power in the job market despite recession fears, study says

While fears of a recession may temporarily put a freeze on hiring, the study says that over the long-term, the market is likely to skew toward job-seekers.
Japan Times
WORLD / Science & Health
Jun 28, 2020

Satellites reveal major new gas industry methane leaks

One leak was spewing out 93 metric tons of methane every hour, equivalent to the amount of carbon dioxide pumped out in a year by 15,000 U.S. cars.
Japan Times
WORLD
Mar 18, 2022

For a Dutch province, Ukraine war is a call to pump natural gas

Residents had been opposing gas production since earthquakes started to force them out of their homes a decade ago. Russia's invasion of Ukraine changed their minds.
Japan Times
ASIA PACIFIC
Nov 21, 2022

Safety of Tesla cars at center of South Korean trial over fatal crash

The trial comes at a time when the EV-maker faces a range of lawsuits and increased scrutiny by regulators.
Japan Times
WORLD
May 3, 2021

A grandiose dream to carve out a giant coal mine in frozen eastern Siberia

Far from backing away from coal, Moscow is doubling down: Last summer, the Russian government approved an energy strategy that could see its coal output increase by up to 50% by 2035.
Japan Times
BUSINESS
Jan 9, 2023

Putin’s energy gambit fizzles as warm winter saves Europe

Mild weather, a wider array of suppliers and efforts to reduce demand are helping, with gas reserves still nearly full and prices tumbling to prewar levels.
Armin Papperger, CEO of German weapons producer and automotive supplier Rheinmetall, during a virtual news conference. The United States foiled a Russian plot earlier this year to assassinate Papperger, CNN has reported.
WORLD / Crime & Legal
Jul 13, 2024

Germany says it won't be cowed after reported Russian plot to kill arms firm CEO

U.S. intelligence officials warned German authorities that Russia was plotting to kill Armin Papperger, the head of Europe’s biggest weapons producer.
A pedestrian walks past an electronic signboard showing data from the Tokyo Stock Exchange and on the Japanese yen after the currency rebounded slightly after hitting ¥150 to the U.S. dollar in overnight trading, along a street in central Tokyo on Oct. 4.
BUSINESS / Economy
Oct 24, 2023

Germany set to eclipse Japan as No. 3 economy in 2023, IMF says

The yen’s widely watched depreciation has played an outsized role in its projected slide in position.
British Prime Minister Keir Starmer (from left), U.S. President Joe Biden, German Chancellor Olaf Scholz and French President Emmanuel Macron pose for a family photo at the Chancellery in Berlin on Friday.
WORLD / Politics
Oct 19, 2024

Biden and allies in Berlin vow no let-up in support for Ukraine

In a joint statement, the leaders "reiterated their resolve to continue supporting Ukraine in its efforts to secure a just and lasting peace."
Japan’s latest growth figures are set to confirm it slipped to become the world's fourth-largest economy last year.
BUSINESS / Economy
Feb 13, 2024

Japan GDP set to confirm slip to world’s fourth-largest economy

Figures for the calendar year are almost certain to show the value of output falling behind Germany’s in dollar terms.
The moon rises behind the State Historical Museum, the Kremlin's towers and St. Basil's Cathedral in central Moscow on March 21. Russia has dismissed new allegations about its role in Havana syndrome as "groundless."
WORLD / Politics
Apr 2, 2024

'Havana Syndrome' linked to Russian intelligence unit, report says

The U.S. State Department has said it stands by its assessment that no foreign actor is responsible.
A commuter walks along an overpass in Jakarta.
ENVIRONMENT / Sustainability
Mar 20, 2024

Only 10 countries had healthy air quality in 2023, report finds

Sources of PM2.5 pollution vary widely, but the overwhelming cause is the burning of fossil fuels.
Then-U.S. President Donald Trump welcomes his visiting French counterpart,  Emmanuel Macron, in Washington in April 2018. European leaders, such as Macron, recognize the need to adapt to a new reality where globalization may no longer drive growth, especially if Trump wins the U.S. election.
COMMENTARY / World
Oct 7, 2024

Trump-proofing Europe looks impossible

Global supply chain strengths turn into weaknesses in a fragmented world, with unreliable access to cheap energy, Chinese consumers and U.S. security.
Diners in the Salamanca neighborhood of Madrid in 2023
BUSINESS / Tech
Jul 31, 2024

Spain ranked as the best country for remote work: report

Japan, which announced a digital nomad program on April 1, was 16th on the list.
Over the past two years, 2.4 million people arrived in Canada, more than the population of the U.S. state of New Mexico. Yet Canada barely added enough housing that would cater to just the residents of the New Mexico capital of Albuquerque.
BUSINESS / Economy
May 6, 2024

Global housing shortages are crushing immigration-fueled growth

In developed economies such as Canada, Australia and the U.K., life is getting tougher for both locals and immigrants alike.
Ecuador has sought funding to fight the effects of climate change, including a June 2023 flood that followed heavy rains in Esmeraldas. So far, the developed world has offered the debt-strapped nation more loans than grants.
ENVIRONMENT / Climate change
May 23, 2024

Rich nations reap climate finance dividend, benefiting from rates and terms

Developed nations have pledged to send $100 billion a year to poorer countries to aid adaptation, but money from the deals is being funneled back into rich economies.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?