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November 24, 2024
 

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DEBT

COMMENTARY / World
Jan 9, 2014
Europe's prospects looked better in the 1930s
Unless policies change, economic stagnation in the eurozone is likely to persist, posing in some ways a bigger challenge to recovery than the Great Depression did in the 1930s.
COMMENTARY
Jan 4, 2014
China risking a debt crisis from localities
Although the odds this year of a full-blown financial crisis in China are slim, they're not nonexistent. The flash point is the burgeoning debt of localities to finance infrastructure.
EDITORIALS
Dec 25, 2013
Rein in government spending
The government's draft budget for fiscal 2014, which Prime Minister Shinzo Abe's Cabinet approved Tuesday, reflects a lack of government will to reduce public spending and debt even as the tax burden on consumers is set to increase.
BUSINESS / Economy / ANALYSIS
Dec 24, 2013
Debt-issuance levels point to lack of concern for debt: experts
Experts say the draft fiscal 2014 budget doesn't show that the Abe team is serious about revising the debt-driven fiscal structure as more than 40 percent of the budget will be paid for through new debt issuance.
Japan Times
WORLD / Politics
Dec 19, 2013
Senate passes deal to avoid new shutdown
Congress declared a holiday truce in the budget wars Wednesday, sending President Barack Obama a blueprint for funding the government through 2015. But the next skirmish was already on the horizon: an election-year fight over the national debt.
Japan Times
BUSINESS / Companies
Dec 17, 2013
Tepco bonds a safe bet now: Nomura
Nomura Holdings Inc. is urging investors buy Tokyo Electric Power Co. bonds after a report that the government plans to cap the utility's cleanup costs at the wrecked Fukushima No. 1 nuclear power plant.
Japan Times
WORLD
Dec 4, 2013
Judge says Detroit can file for bankruptcy
A federal bankruptcy judge granted Detroit unprecedented powers Tuesday to shed billions of dollars in debt, including the ability to slash city employee pensions despite a state constitutional provision protecting them.
WORLD / Politics
Oct 21, 2013
How much did the shutdown cost? Billions
Shutdowns aren't cheap. This year's closure, which ended Thursday, has probably cost the government and the economy billions of dollars, according to economists and policy analysts.
Japan Times
WORLD / Politics / ANALYSIS
Oct 20, 2013
House GOP has little to show while forcing one crisis after another
There was so much more they wanted to do.
Japan Times
BUSINESS / FOCUS
Oct 19, 2013
Feds return to work dreading unread email trove
There were a few times in recent weeks when Sophia Casey found herself mindlessly walking toward her laptop, ready to scan for new work messages as she's always done at nights and on weekends. Then she would see the computer — powered down, closed and unplugged — and remember: furlough.
WORLD / Politics / ANALYSIS
Oct 17, 2013
U.S. debt deal sets up new risks to growth
The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling would avert a financial catastrophe but leave the weakened U.S. economy facing new threats.
Japan Times
WORLD / Politics
Oct 16, 2013
Boehner's control of his caucus slipping
Republican House Speaker John Boehner started Tuesday with a last-ditch attempt to exert control over his restive caucus, proposing a new plan to open the government and raise the U.S. debt ceiling in an effort to give Republicans a bit of leverage.
COMMENTARY / World
Oct 15, 2013
The dollar and the U.S. debt ceiling
Sane governments don't default by choice — especially when they're privileged with issuing the global currency. We are about to find out whether the U.S. still has a sane government.
Japan Times
WORLD / Politics / FOCUS
Oct 15, 2013
Some fear McConnell-Reid bitter rift could endanger U.S. fiscal deal
When Washington is in crisis and every other option has fallen to pieces — whether on rescuing Wall Street, rewriting national security rules or agreeing on a budget — Senate Majority Leader Harry Reid, a Democrat, and Minority Leader Mitch McConnell, a Republican, are usually the ones who put it...
Japan Times
WORLD / Politics
Oct 15, 2013
Self-cast Senate moderates seek deal from the middle, for the middle
In the past few days, a bipartisan group of 12 U.S. senators has come together to push both parties toward a compromise, hoping to reopen the federal government and raise the national debt ceiling all at once.
Japan Times
WORLD / Politics / ANALYSIS
Oct 15, 2013
Debt-ceiling breach to push U.S. economy into free fall, without safety net
The Obama administration will have to decide whether to delay — or possibly suspend — tens of billions of dollars in Social Security checks, food stamps and unemployment benefits if negotiations to raise the federal debt ceiling are not resolved this week.
Japan Times
WORLD / Politics
Oct 15, 2013
Senate leaders nearer deal on raising federal debt limit after flurry of talks
In a long-awaited breakthrough, Senate leaders close in on a deal to raise the federal debt ceiling and end a two-week-old government shutdown as Washington scrambled to avoid the nation's first default on its debt.
BUSINESS / Economy
Oct 15, 2013
Aso keeps an eye on U.S. debt ceiling from a respectful distance
Japanese Finance Minister Taro Aso says it is up to the U.S. to resolve its debt impasse, not for Japan to fret over its investment in U.S. Treasuries.
COMMENTARY / World
Oct 13, 2013
The chilling biology of the debt-ceiling standoff
The showdown over the U.S. debt ceiling demonstrates that human beings are systematically incapable of understanding how precarious our currently familiar condition really is.
Japan Times
WORLD / Politics
Oct 13, 2013
Senate opens talks on end to shutdown
Senate leaders began negotiations Saturday aimed at reopening federal agencies and avoiding a government default after every other effort to end Congress' impasse crumbled in the previous 48 hours.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

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By Kathryn Wortley

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