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August 15, 2024
 

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BUDGETS

WORLD / Politics
Mar 16, 2017
Trump budget plan to propose major cuts for foreign aid, EPA
President Donald Trump will propose deep cuts for foreign aid and environmental protection and a steep increase in military spending in a budget plan to be released on Thursday, a congressional source said.
WORLD
Dec 6, 2016
Pentagon buried study that found $125 billion in wasteful spending: report
A Defense Department study that proposed cutting $125 billion in administrative waste from the Pentagon budget was buried amid concerns the findings would give Congress an excuse to further slash defense spending, The Washington Post reported Monday.
EDITORIALS
Dec 2, 2016
Extra budgets and fiscal discipline
Despite promises to the contrary, the Abe administration keeps boosting government spending by making use of supplementary budgets.
Japan Times
BUSINESS / Economy
Nov 7, 2016
China names new finance minister to replace veteran Lou Jiwei
China has replaced veteran reformer Lou Jiwei with a new finance minister who will be tasked with juggling fiscal stimulus and efforts to rein in excess leverage in the world's second-largest economy.
Japan Times
WORLD
Sep 14, 2016
U.S., Israel to sign record military aid deal
The United States and Israel have agreed on a record $38 billion package of U.S. military aid and will sign the pact on Wednesday, enshrining defense funding for Washington's closest Middle East ally for the next decade, officials said.
WORLD
Aug 20, 2016
U.S. Army fudged accounts by trillions of dollars, auditor finds
The United States Army's finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced.
BUSINESS / Economy
Jul 12, 2016
Abe orders drafting of new stimulus package to breathe life into Japan's economy
Prime Minister Shinzo Abe orders economic revitalization minister Nobuteru Ishihara to come up with a range of economic measures, including a supplementary budget for fiscal 2016.
Japan Times
BUSINESS / Economy
Jun 28, 2016
South Korea plans $8.4 billion extra budget as shield against Brexit, weak exports
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WORLD
Apr 5, 2016
Just 10% of global military spending could make big impact on poverty: think tank
World military spending rose 1 percent in 2015, the first annual increase in four years, a Stockholm think tank said Tuesday as it estimated 10 percent of this could cover the costs of global goals aiming to end poverty and hunger in 15 years.
Japan Times
WORLD / Science & Health
Jan 21, 2016
Cash-strapped Russia considers 30% cut to its space program
Russia will spend 30 percent less on its space program in the next decade and scale back a slew of projects to save money in the face of tanking oil prices and a falling ruble, a plan presented by the country's space agency showed on Wednesday,
Japan Times
WORLD / Science & Health
Dec 30, 2015
Russia to revise space program amid economic troubles, including cuts to moon exploration
Russia is to revise its space program, the national space agency said on Tuesday after a newspaper published a report that billions of dollars of cuts may be on the way, including to ambitious moon exploration plans.
Japan Times
BUSINESS / Economy
Dec 30, 2015
China eyes huge deficit to cushion reforms, slowing growth
China could run its biggest budget deficit in perhaps half a century next year as leaders turn to government spending to arrest the slowdown in the economy, policy advisers say, after a year of easing monetary policy has brought disappointing results.
EDITORIALS
Dec 25, 2015
Budgeting ahead of an election
The Abe administration appears to be sacrificing budgetary discipline in favor of doling out pork ahead of the Upper House election.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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