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July 16, 2024
 

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BUDGETS

Japan Times
ASIA PACIFIC / Politics / ANALYSIS
Mar 5, 2019
Chinese defense spending to grow 7.5% in 2019 as Beijing seeks 'world-class' military
China's defense budget will jump 7.5 percent this year, down slightly from last year's 8.1 percent, as Beijing grapples with ongoing territorial disputes and seeks to create a "world-class" military, a draft budget from the annual session of the country's rubber-stamp parliament showed Tuesday.
Japan Times
ASIA PACIFIC / Politics
Mar 4, 2019
China vows 'reasonable' rise in defense spending ahead of budget's release
China will maintain "a reasonable and appropriate growth rate" for defense spending this year, a top government spokesman said Monday ahead of the release of the country's defense budget — a closely watched indicator of Beijing's strategic intentions.
Japan Times
ASIA PACIFIC
Feb 10, 2019
South Korea officially signs deal to pay more for U.S. troops after Trump demand
Officials signed a short-term agreement on Sunday to boost South Korea's contribution toward the upkeep of U.S. troops on the peninsula, after a previous deal lapsed amid U.S. President Donald Trump's call for the South to pay more.
Japan Times
ASIA PACIFIC
Feb 5, 2019
U.S. and South Korea agree 'in principle' on sharing troop costs, State Department says
The United States and South Korea have reached an agreement "in principle" on sharing the cost of stationing U.S. troops in the Asian country, the State Department said Monday, in a move likely to have implications for Japan.
Japan Times
WORLD / Politics
Jan 26, 2019
Wall retreat in U.S. shutdown deal leaves Trump battered but vowing to fight on
President Donald Trump, who famously vowed to negotiate big deals in the White House, came out of a government shutdown battle on Friday politically wounded and outmaneuvered by U.S. House of Representatives Speaker Nancy Pelosi.
Japan Times
WORLD / Politics
Jan 26, 2019
'Broken man': Right wing rips Trump over no-wall U.S. shutdown deal
President Donald Trump's deal to end the U.S. government shutdown without getting money for his border wall drew immediate scorn from some of the prominent conservative figures whose support may be crucial to his 2020 re-election bid.
Japan Times
BUSINESS
Jan 11, 2019
Election handouts and other sweeteners threaten to upset India's plan to curb budget deficits
Less than a month before India's budget, risks are growing that Prime Minister Narendra Modi's government will miss fiscal targets for a second year in a row as it gives into populist pressures before a high-stakes election.
JAPAN
Jan 10, 2019
Tens of billions of yen in jobless benefits unpaid due to faulty labor ministry data: sources
Chief Cabinet Secretary Yoshihide Suga said Thursday the government will decide whether to rework the fiscal 2019 budget after the ministry's investigation.
Japan Times
WORLD / Politics
Dec 23, 2018
With no deal, U.S. government shutdown likely to drag on past Christmas
A partial U.S. government shutdown was almost certain to drag through the Christmas holiday after the Senate adjourned on Saturday without breaking an impasse over President Donald Trump's demand for more funds for a border wall.
Japan Times
JAPAN
Dec 1, 2018
Japan to seek more transparent and efficient procurement of U.S. arms
In its new defense buildup guidelines, Japan is considering including a pledge to improve the transparency and efficiency of its procurement process for U.S. military equipment amid concerns over its rising defense budget, government sources said Friday.
Japan Times
BUSINESS
Nov 20, 2018
Japan to compile second extra budget for disaster prevention and agriculture
Prime Minister Shinzo Abe on Tuesday told his administration to draw up a second supplementary budget for fiscal 2018 to fund disaster prevention measures and bolster the agricultural sector.
Japan Times
WORLD / Politics
Sep 19, 2018
U.S. Secretary of State Pompeo works to replenish diplomatic ranks, restore morale after cuts under Tillerson
U.S. Secretary of State Mike Pompeo has nearly doubled promotions of top American diplomats as he seeks to restore work relations with a staff alienated by his predecessor, Rex Tillerson.
BUSINESS / Economy
Aug 31, 2018
Japan's government budget requests for fiscal 2019 hit record high
Budget requests from government ministries and agencies for fiscal 2019 reached a record-high ¥102.5 trillion ($923 billion) amid snowballing social security costs and increasing defense spending, officials said Friday.
JAPAN / Politics
May 12, 2018
Japan considers new target to reduce fiscal deficit to 3% of GDP
The government is considering setting a new target to reduce Japan's fiscal deficit to 3 percent of nominal gross domestic product by fiscal 2021, informed sources said.
Japan Times
WORLD / Science & Health
Mar 7, 2018
U.S. budget cuts would delay international fusion project ITER, its director warns
An international project to build a nuclear fusion reactor in France that would start generating electricity in 17 years will face delays if U.S. cuts are not reversed in a few months, the head of the venture said on Tuesday.
Japan Times
ASIA PACIFIC / Politics
Mar 6, 2018
U.S. Pacific Fleet commander says China's military budget lacking in transparency
The commander of the U.S. Navy's Pacific Fleet said Tuesday that China's military budget has a troubling lack of transparency, a day after Beijing announced the biggest hike in military spending in three years.
Japan Times
ASIA PACIFIC
Mar 5, 2018
China announces 8.1% defense budget boost from 2017 as Xi pursues 'world-class' force
China announced Monday that it will boost its defense budget 8.1 percent this year from 2017, a larger increase than in the two previous years as leader Xi Jinping seeks to turn the country's military into a "world-class" force that can venture farther from its shores.
JAPAN
Mar 4, 2018
Prefectures, cities to spend heavily on disaster mitigation in fiscal 2018
A total of 58 prefectural and municipal governments across the nation plan to spend a collective ¥268.4 billion on projects to bolster infrastructure against natural disasters in fiscal 2018 amid central government threats of reduced subsidies, a tally found.
Japan Times
ASIA PACIFIC / ANALYSIS
Feb 28, 2018
China's military flexes muscles for domestic objective: more funding
With stealth jets entering service, leaked pictures of new high-tech naval artillery and proud reports of maneuvers that "dare to shine the sword," China's armed forces are putting on a show of power as they lobby for greater defense spending.
BUSINESS / Tech
Feb 25, 2018
Japan's budget for AI to be less than a fifth of that planned by U.S. and China
At less than 20 percent of the U.S. and Chinese budgets, Japan's tepid investment in artificial intelligence may worsen its ability to compete in the red-hot field.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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