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July 16, 2024
 

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GLOBAL ECONOMY

Foreign Minister Yoko Kamikawa (center-left) meets with Samoan Prime Minister Afioga Fiame Naomi Mata’afa (center-right) in Samoa in February. Like other Pacific island and Global South states, Samoa is caught in the crossfire of the U.S.-China rivalry.
COMMENTARY / World / Geoeconomic Briefing
Jul 11, 2024
Japan can help Global South navigate U.S.-China clash
As Washington and Beijing adopt more inward-looking foreign policies, Japan can be a bridge to Global South countries, whose main concerns are security and growth.
Electronic waste — also known as e-waste — from computers in a junk shop in Metro Manila, Philippines
BUSINESS / Tech
Jul 11, 2024
U.N. warns digital economy drive is damaging the environment
The U.N. agency called for sustainable strategies to counter the growing environmental toll digitalization creates, particularly in developing countries.
How policymakers have responded to past economic crises, such as the 2008-09 financial crisis and the COVID-19 pandemic, will shape their preparedness in dealing with future recessions. 
COMMENTARY / World
Jul 8, 2024
Policy lessons from recent economic crises
Eventually, the world will face another recession. How will policymakers use the lessons learned from the 2008-09 financial crisis and COVID-19 pandemic to respond?
Bill Gates delivers a speech at the Global Solutions Summit in Berlin in May. He and his ex-wife Melinda Gates started the Bill & Melinda Gates Foundation, which has had a far-reaching impact on global health and sustainability.
COMMENTARY / World
Jul 5, 2024
The economics of philanthropy
Philanthropy can help bridge the gap between the haves and have-nots. But wealthy people need more of an incentive to give than just being altruistic.
Container ships are berthed at PSA's Pasir Panjang Terminal in Singapore in July 2019.
BUSINESS / Economy / ANALYSIS
Jun 26, 2024
Singapore port congestion shows global impact of Red Sea attacks
Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia.
Pedestrians cross a road in Pudong's Lujiazui Financial District in Shanghai. China has long touted itself as the world’s safest nation, making rare outbursts of public violence stand out.
ASIA PACIFIC / Crime & Legal
Jun 22, 2024
China’s spate of violence prompts outburst of economic anxiety
The reaction of Chinese social media users to a spate of recent violent attacks has exposed widespread discontent about the nation’s downturn.
The dollar’s reign has wreaked havoc across currency markets, especially in Japan where ultralow interest rates have sent the yen spiraling down more than 11% against the greenback this year.
BUSINESS / Economy
Jun 22, 2024
Dollar winning streak extends into fifth week as yen slumps
The dollar’s reign has wreaked havoc in Japan where low interest rates have sent the yen spiraling down more than 11% against the greenback this year.
Without stronger international cooperation and policies that advance shared prosperity, growth will remain too slow to support progress on development and poverty reduction.
COMMENTARY / World
Jun 16, 2024
Getting the global economy out of the slow lane
The world economy has avoided recession despite the steepest rise in global interest rates since the 1980s.
The European leader to watch in the months and perhaps years ahead is Italian Prime Minister Giorgia Meloni, whose far-right party was among the big winners in the recent European elections.
COMMENTARY / World
Jun 19, 2024
EU populists are blind to the real threat to the bloc
The center-right will continue to dominate parliament, the surge in support for the extreme right evokes memories of the ugliest moments of the 20th century.
Wins by conservative parties and losses by their leftist green opponents in the EU elections reflect broader trends of political polarization and nationalism not only in Europe, but also the world. 
COMMENTARY / Japan
Jun 13, 2024
Impact of EU elections on global politics and Japan's foreign policy
Japan is concerned about the rise of right-leaning parties that might undermine support for Ukraine and send signals to revisionist powers like China.
Geely Automobile Holdings' Zeekr electric vehicles bound for shipment to Europe at the Port of Taicang in Taicang, Jiangsu Province, China, on Aug. 24, 2023
BUSINESS / Tech
Jun 5, 2024
China risks trade war on two fronts as low-tech exports soar, too
The European Union is poised to slap tariffs on Chinese electric vehicles this week, the latest example of rising barriers to global trade.
Today's leaders need to balance national security measures with global cooperation to prevent the unraveling of the world's economy.
COMMENTARY / World
Jun 4, 2024
The global economy is more fragile than it seems
Today's leaders need to balance national security measures with global cooperation to prevent the unraveling of the world's economy.
The dollar’s about-face came after Fed Chair Jerome Powell waved off worries that the central bank may raise interest rates again.
BUSINESS / Economy
Jun 1, 2024
The dollar’s rally falters as signs of cooling ease Fed fears
The dollar’s about-face came after Fed Chair Jerome Powell waved off worries that the central bank may raise interest rates again.
As mind-numbingly big as the clean-energy price tag may be, it’s actually a bargain compared with the potential economic destruction of unabated climate change.
COMMENTARY / World
May 31, 2024
$215 trillion to save the planet is a bargain
And as mind-numbingly big as $215 trillion may be, it’s actually a bargain compared with the potential economic destruction of unabated climate change.
A residential development under construction in Shanghai in February. Problems in the property sector have had a negative impact across broad areas of China's economy.
BUSINESS / Economy
May 31, 2024
China's factory activity unexpectedly dips as property pain persists
The disappointing number adds to a series of recent indicators showing the $18.6 trillion economy is struggling to get back on its feet.
Notwithstanding the increase in EV sales, there are now more cars than ever powered by internal-combustion engines.
COMMENTARY / World
May 14, 2024
Nevermind those EVs — oil demand keeps growing
The oil bulls still have reason to worry: With OPEC+ trying to keep prices as close as possible to $100 a barrel, non-OPEC supply, including from biofuels, keeps surging.
Bruno Le Maire, France's finance minister, speaks at an event in Nesle, France, in April 2023.
BUSINESS / Economy
May 27, 2024
China’s industry threatens entire global economy, France warns
Leading industrialized nations are coalescing for a tougher and more united challenge to overcapacities in China.
U.S. Secretary of the Treasury Janet Yellen holds a news conference ahead of a meeting of Group of Seven finance ministers and central bank governors in Stresa, Italy, on Thursday.
BUSINESS / Economy
May 26, 2024
China slammed in G7 show of unity threatening trade escalation
The Group of Seven ministers and bankers accused the world’s second-biggest economy of hurting the economies of its trade partners.
Bank of Italy Gov. Fabio Panetta (left), French Finance Minister Bruno Le Maire (center) and Italian Finance Minister Giancarlo Giorgetti pose for a picture at the Group of Seven finance chiefs and central bank governors' meeting in Stresa, Italy, on Friday.
BUSINESS / Economy
May 25, 2024
China fear grips G7 with draft raising alarm at ‘harmful’ trade
A draft communique formulated at the Group of Seven meeting in the lakeside resort of Stresa introduces much stronger language than before.
The captain of a port pilot boat approaches a container ship outside the Port of Los Angeles in Los Angeles.
WORLD / Politics
May 24, 2024
A new trade war offers no easy way back for old global order
Then-U.S. President Donald Trump fired the first shots with tariffs on China seven years ago, then President Joe Biden ushered the U.S. into the new industrial policy age.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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