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January 19, 2025

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EDITORIALS

Dec 27, 2002

Resuscitate local economies

Japan's economy for 2003 poses inevitable questions. Will deflation get worse or better? How far will banks go to shed their dud loans? If the United States goes to war with Iraq, how will it affect the economy? In these increasingly uncertain times, forecasting is a tricky business. Offering stock answers...

EDITORIALS

Dec 26, 2002

Nuclear blackmail won't fly

Once again, North Korea is playing a game of nuclear brinkmanship. In an eerie throwback to 1994, when a nuclear crisis on the Korean Peninsula pushed the United States and North Korea to the brink of war, Pyongyang has removed seals and disabled monitoring cameras at nuclear facilities that had been...

EDITORIALS

Dec 25, 2002

A bridge from science to life

The government's Biotechnology Strategy Council deEfines biotechnology as a pillar industry of the 21st century along with information technology. This perception, expressed in the council's "outline of bioEtechnology strategy" issued last week, should serve as an important guide for Japan. Such a national...

EDITORIALS

Dec 24, 2002

Afghan revival depends on security

Sunday marked the first anniversary of the establishment of an interim government in Afghanistan following the collapse of the Islamic fundamentalist Taliban regime. Earlier this month, Mr. Hamid Karzai, head of the transitional government that took over from an interim administration in June, noted...

EDITORIALS

Dec 23, 2002

Pay cuts demand job security

It has been a long time since the word "shunto" -- the spring labor offensive -- stood for its traditional meaning. With the domestic economy caught in a deflationary spiral, the idea of winning across-the-board wage concessions from management on top of regular pay increases no longer holds water. So...

EDITORIALS

Dec 21, 2002

Continuity and strain in South Korea

The election of Mr. Roh Moo Hyun as South Korea's next president promises continuity in Seoul. His victory is a triumph for departing President Kim Dae Jung, who launched Mr. Roh's Grand Millennium Party and inaugurated many of the policies that Mr. Roh inherits. Mr. Roh's pledge to continue Mr. Kim's...

EDITORIALS

Dec 20, 2002

A bigger Europe for what purpose?

At a summit last weekend in Copenhagen, the European Union reached a historic agreement to add 10 new members. Expansion will nearly double the size of the union, but it only underscores a long-standing question: What is the ultimate goal of the EU? There is, as yet, no convincing answer.

EDITORIALS

Dec 19, 2002

A belated but welcome apology

The USS Greeneville, a massive nuclear submarine, accidently rammed and sank the Ehime Maru, a Japanese fisheries training vessel, off Hawaii on Feb. 9, 2001, killing nine. This week, nearly two years later, the Greeneville's former captain, retired Cmdr. Scott Waddle, traveled to Japan to apologize...

EDITORIALS

Dec 18, 2002

A collapse of fiscal balance

Japan faces a clear and present danger in public finance, epitomized by a crushing debt load equal to 140 percent of its gross national product. In this light, changes to the tax code for fiscal 2003, proposed by the ruling coalition last week, fall far short of expectations. It is essentially a patchwork...

EDITORIALS

Dec 17, 2002

Check the spread of missiles

The seizure and release of a North Korean ship carrying Scud missiles bound for Yemen highlights two serious international issues: Pyongyang's readiness to export destabilizing weapons and the proliferation of ballistic missiles. The ship and its cargo were released because there was no apparent violation...

EDITORIALS

Dec 16, 2002

It's still the economy, stupid

U.S. President George W. Bush has shaken up his economic team. The moves had been long expected. Despite the U.S. administration's claim that the economic downturn was the product of events beyond its control -- an assertion that is largely true -- the president's top officials were not doing him much...

EDITORIALS

Dec 15, 2002

Mission to Mars

Speaking of the moon and beyond, both were in the news again last week as the 30th anniversary of the last Apollo mission converged with the latest speculations about life -- or otherwise -- on Mars.

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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