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January 19, 2025

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EDITORIALS

Feb 25, 2003

Less than reassuring words

Finance ministers and central bankers from the Group of Seven industrialized countries held one of their regular meetings last weekend in Paris. Two days of discussions produced a statement promising efforts to stabilize and stimulate their economies and a pledge to convene again in the event of an emergency....

EDITORIALS

Feb 24, 2003

Cozy business-political ties die hard

The question of politics and money remains very much alive in Japan. It was the subject of intensive debate at Thursday's special session of the Lower House Budget Committee. Central to the debate was the legality of corporate donations to political parties, a question that has taken on new meaning in...

EDITORIALS

Feb 23, 2003

Singing the karaoke blues

Japan has given much to world culture. Kimono, anime, sushi and ikebana are just some of the words that have become so well-known abroad they don't even need translating. But one pastime has come in the past few decades to represent Japan perhaps more authentically than any other activity -- and that's...

EDITORIALS

Feb 22, 2003

'Shunto' has lost steam

Wage bargaining is the stuff of the annual springtime labor offensive known as "shunto." This year's wage round, however, is essentially different from previous ones because wage increases are not the main subject of labor-management negotiations. The Japanese Trade Union Confederation, or Rengo, the...

EDITORIALS

Feb 21, 2003

Clarify refugee policy

The incident in which four North Korean citizens who had fled from their country entered a Japanese school in Beijing and asked for asylum in Japan has posed a sobering question concerning Japan's refugee policy. Acting on lessons from the incident at Japan's consulate general in Shenyang last May, the...

EDITORIALS

Feb 20, 2003

The WTO's 'awesome challenge'

The success of the next round of trade liberalization talks depends on tackling the thorny issue of agricultural tariffs and support. That is no secret; agriculture has preyed on the minds of trade negotiators for decades, but they have successfully delayed consideration of the question for years. The...

EDITORIALS

Feb 19, 2003

No cause to celebrate GDP growth

It may come as a bit of a surprise to learn that Japan's sluggish economy expanded for four straight quarters in calendar 2002. The truth is, though, it expanded only after the effect of deflation, or the continued decline in the prices of goods and services, was applied. The nation's deflation-adjusted...

EDITORIALS

Feb 18, 2003

Heed the voice of the people

Last weekend, more than 6 million people demonstrated worldwide, pleading for peace and protesting U.S. plans to wage war against Iraq. The demonstrations, the largest since the Vietnam War, are proof that U.S. President George W. Bush has not convinced the world that Iraqi leader Saddam Hussein poses...

EDITORIALS

Feb 17, 2003

Revival of the 'twin deficit' threat

A budget crisis is returning to the United States. Along with worsening trade deficits, record budget shortfalls projected for the fiscal year 2003 and beyond are reviving a nightmare threat of "twin deficits." It is worrisome for global growth and security that the world's only military and economic...

EDITORIALS

Feb 16, 2003

The micro and the macro

Have you noticed how the news has been running on two different tracks lately? The truth is, it probably always does, but every now and then the split suddenly seems more striking. On the one hand, there are the day-to-day ups and downs of human existence, everything from the weather to prognostications...

EDITORIALS

Feb 15, 2003

North Korea vs. the world

The International Atomic Energy Agency voted this week to bring North Korea's nuclear violations before the United Nations Security Council. The move increases the pressure on Pyongyang; for that reason, some governments are concerned that North Korea will only respond with more belligerent behavior....

EDITORIALS

Feb 14, 2003

Japan's role in solving Iraq issue

How should Japan deal with the Iraq crisis? The question is gaining urgency as the United States gears up for a military campaign. Yet the government has so far given only vague answers, though the ambiguity is not difficult to understand. During a Diet debate on Wednesday, Prime Minister Junichiro Koizumi...

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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