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January 18, 2025

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EDITORIALS

Mar 25, 2001

Ghosts on the loose

You may have thought that the big story out of Hong Kong last week was the slumping Hang Seng Index or continuing pressure from Beijing to crack down on the Falun Gong. But no, something much more fascinating was going on, and it was going on right inside one of the places that break, but don't usually...

EDITORIALS

Mar 24, 2001

Direct elections are not the cure

The view that the prime minister should be elected by popular vote is gaining ground. Ironically, it is Prime Minister Yoshiro Mori himself -- one of the most unpopular prime ministers in memory -- that is contributing to this groundswell of opinion. It is not just ordinary citizens, academics and business...

EDITORIALS

Mar 23, 2001

The fear on the farm

Britain has closed zoos, animal parks and tourist attractions, banned protest marches and political gatherings in some rural communities, and postponed the Crufts dog show and the Cheltenham horse races. Portugal has banned bullfights. Governments in Northern African and Central European have threatened...

EDITORIALS

Mar 22, 2001

A surprisingly successful summit

The first Japan-U.S. summit since the election of President George W. Bush has gone off without a hitch. Sad to say, but low expectations get a lot of the credit for the success of the meeting. Prime Minister Yoshiro Mori is a lame duck, both countries' economies are slumping and the tragic accident...

EDITORIALS

Mar 21, 2001

Welcome return to zero-interest rates

In yet another move to roll back deflationary pressures, the Bank of Japan on Monday decided to increase the money supply and bring the key overnight money-market rate back to zero. The decision, which follows a round of marginal interest-rate cuts in February, indicates that the central bank is pulling...

EDITORIALS

Mar 20, 2001

Explosive pressures in China

China has been hit by a series of explosions in the last week. The facts in the two cases have nothing in common, but the circumstances behind them suggest there is a link. Both blasts are the product of the mounting pressure created by economic modernization. China is under increasing strain; more such...

EDITORIALS

Mar 19, 2001

Mr. Sharon goes to work

After nearly a month of negotiations, Israel's new prime minister, Mr. Ariel Sharon, has cobbled together his "unity Cabinet." It may represent a broad spectrum of political opinion, but it is unlikely to be united for long. Once Mr. Sharon gets down to resuming peace talks with the Palestinians -- his...

EDITORIALS

Mar 18, 2001

A hole in the sky

Sometime this week, space station Mir -- the brightest star in the once mighty Soviet and Russian space program -- will flicker out. After circling the planet for 15 years, at least three times its planned life span, the massive, aging station is scheduled to finally "deorbit" on Tuesday, "give or take...

EDITORIALS

Mar 17, 2001

Go, Mr. Mori, and soon

Prime Minister Yoshiro Mori has apparently acknowledged what the media have been saying of late: His days are numbered. But he has left everyone guessing exactly when he will step down. One thing is certain, however: The Liberal Democratic Party will select a new leader in a presidential election later...

EDITORIALS

Mar 16, 2001

'The enemy of my enemy . . .'

That seems to be the principle guiding foreign policy in Moscow and Tehran. Those two governments have much to be dissatisfied with in international politics, and have decided that together they have a better chance of getting the rest of the world to pay attention to them. It is an alliance of convenience...

EDITORIALS

Mar 15, 2001

Making sense of the slide

The blood-letting in international stock markets continues. The U.S. Nasdaq index plunged below the 2,000 level for the first time in 27 months. The S&P 500 lopped 20 percent of its peak, officially becoming a "bear market." The U.S. free fall triggered a domino effect, pushing Asian and European markets...

EDITORIALS

Mar 14, 2001

No more secret funds

The criminal complaint filed in January by the Foreign Ministry against the former official in charge of logistics for VIP trips overseas has led to his arrest on a charge of fraud. An internal investigation has revealed that Mr. Katsutoshi Matsuo, who was fired in January for embezzlement, had swindled...

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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