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January 18, 2025

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EDITORIALS

Aug 27, 2001

Sins that must be atoned for

On Aug. 24, 1945, shortly after Japan's surrender in World War II, a Japanese naval transport ship carrying more than 3,700 Koreans and their family members back home exploded and sank in Kyoto's Maizuru Port, killing 524 people. On Thursday, the Kyoto District Court ruled that the government had failed...

EDITORIALS

Aug 26, 2001

Europe, the euro and you

Remember the runup to Y2K? The predictions of catastrophe? The hand-wringing over unpreparedness? It's happening all over again, on a smaller scale, with the runup to the cash launch of the euro. Although the new European currency will not be legal tender until New Year's Day, armored trucks will start...

EDITORIALS

Aug 25, 2001

A step in the wrong direction

Japan has a resident litigation system modeled on America's taxpayer suits. It allows residents to file suits to correct financial irregularities on the part of local officials, such as use of public money for private wining and dining. Now, a bill to change that system is pending in the Diet. The measure...

EDITORIALS

Aug 24, 2001

ODA also needs reform

Japan's official development assistance is expected to be reduced by 10 percent in fiscal 2002 as part of Prime Minister Junichiro Koizumi's program of "structural reform with no sacred cows." According to the budget outlines announced earlier this month, ODA will be cut by 100 billion yen from the current...

EDITORIALS

Aug 23, 2001

Don't count on a U.S. recovery

The U.S. economy continues to stumble. More ominously, there are few positive signs elsewhere in the world that could give the global economy the boost it needs. The U.S. Federal Reserve did what it could on Tuesday, but that will not be enough to lift the United States out of the doldrums. Slow growth...

EDITORIALS

Aug 22, 2001

An 'unstrategic' strategic meeting

The meeting last week in Moscow between U.S. Defense Secretary Donald Rumsfeld and Russian Defense Minister Sergei Ivanov -- the first time top U.S. and Russian defense officials have discussed strategic issues -- ended unsuccessfully. That should come as no surprise given the perception gap that exists...

EDITORIALS

Aug 21, 2001

Gaining our neighbors' trust

In his speech at the government-sponsored memorial service for the war dead Aug. 15, the anniversary of Japan's World War II surrender, Prime Minister Junichiro Koizumi acknowledged that Japan had inflicted "tremendous damage and pain" on people in Asian nations, and expressed a strong determination...

EDITORIALS

Aug 20, 2001

Macedonians give peace a chance

A deal has been struck to end the six-month insurgency in the tiny, impoverished country of Macedonia. Now everything depends on whether a genuine peace can be established. Serb and ethnic Albanian leaders signed an agreement, which embodies the essence of the demands of the guerrilla Albanian forces....

EDITORIALS

Aug 19, 2001

The urgent task of money policy

The Bank of Japan decided last Tuesday to pump more money into the economy, obviously in deference to the growing calls for a looser credit policy from the government and the ruling parties. The decision also reflects a desire to prop up sagging stock prices. Earlier in the week, the Nikkei stock index...

EDITORIALS

Aug 18, 2001

Grim forecast for the Mideast

The low-grade war between Israel and the Palestinians continues. The number of victims increases every day, but the greatest casualty may be the hopes for any resolution of the violence. Real peace will require some measure of trust and goodwill between the two parties. Both these qualities are practically...

EDITORIALS

Aug 17, 2001

The first step toward reform

Prime Minister Junichiro Koizumi's economic reform program is taking shape now that the government has set a spending framework for the fiscal 2002 budget. Policy-based general spending, not including debt servicing costs and revenue transfers to local governments, is pegged at 47.8 trillion yen, down...

EDITORIALS

Aug 16, 2001

Rome's unseemly retreat

Determined to avoid another bloody fiasco like last month's Group of Eight summit in Genoa, Italian Prime Minister Silvio Berlusconi has asked the U.N. Food and Agricultural Organization to move the World Food Summit, which is scheduled to be held in November in Rome, to Africa. That would be a mistake:...

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.

Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go

By Kazuaki Nagata and Richard Meyer

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