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April 04, 2025
 

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GLOBAL ECONOMY

Japan Times
WORLD
May 5, 2020
Masked and standing apart, the world tiptoes out of pandemic lockdown
Italy and the United States were among a slew of countries easing measures to revive economies as global deaths surpassed a quarter of a million.
Japan Times
BUSINESS / Economy
May 1, 2020
IMF chief lauds Japan's spending to combat pandemic, urging others to step up
IMF chief Kristalina Georgieva praised on Thursday Japan's plans to spend about 20 percent of its gross domestic product in response to the economic challenges of the COVID-19 pandemic and to help the world's poorest countries, urging others to do their part.
Japan Times
BUSINESS
Apr 29, 2020
Copying rich world’s virus plan is big risk for emerging markets
To fight the coronavirus, developing economies from Colombia to Indonesia are turning to a playbook that’s become familiar in the rich world since 2008: Central banks are buying government debt.
Japan Times
BUSINESS / Economy
Apr 28, 2020
Italy wants to reopen. Businesses ask: Where's the money?
When the COVID-19 pandemic forced Roberto Ferraro to shut the patisserie he runs in Amelia, a scenic hilltop town in central Italy, he had just rented out a new site to increase production of ice cream and start selling it abroad.
Japan Times
BUSINESS
Apr 22, 2020
IMF and regional bodies agree to cofinance pandemic responses
The heads of the International Monetary Fund, European Stability Mechanism (ESM) and other regional financing arrangements on Tuesday agreed to work together to mitigate the economic and financial impacts of the coronavirus pandemic.
COMMENTARY / World
Apr 16, 2020
Lives versus livelihoods
Everybody knows that you can't shut the economy down indefinitely, but nobody wants to risk a second wave of infections by moving too soon.
Japan Times
BUSINESS / Economy
Apr 16, 2020
IMF sees Asia-Pacific economic growth at standstill in 2020
Economic growth in the Asia-Pacific region will likely slow to a standstill in 2020, something that hasn’t happened in the last 60 years, according to the International Monetary Fund.
BUSINESS / Economy
Apr 15, 2020
Telework giving the global economy a glimpse of the virtual future
The lockdown gripping much of the world economy has spurred a real-time stress test of the long-heralded digital future.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
Japan Times
WORLD
Apr 10, 2020
Amid pandemic, it’s getting a lot harder to ship food around the world
The port backups that have paralyzed food shipments around the world for weeks aren’t getting much better. In fact, in some places, they’re getting worse.
Japan Times
BUSINESS / Economy
Apr 10, 2020
EU finance chiefs agree on €540 billion virus rescue package
European Union finance ministers agreed on a €540 billion ($590 billion) package of measures to combat the economic fallout of the global pandemic.
Japan Times
BUSINESS / Economy
Apr 8, 2020
Pandemic to wipe out 6.7% of working hours worldwide in second quarter
The COVID-19 pandemic is expected to wipe out 6.7 percent of working hours globally in the second quarter of this year, equivalent to the labor of 195 million full-time workers, the International Labor Organization said on Tuesday.
Japan Times
BUSINESS / Economy
Apr 7, 2020
Key food prices surge in some areas after virus upends supply chains
As the coronavirus pandemic penetrates more deeply into global supply chains, prices for key staples are starting to soar in some parts of the world.
Japan Times
BUSINESS / Economy
Apr 6, 2020
Reeling world economy slammed by dangerous disinflationary shock
The sinking global economy is suffering through a colossal disinflationary shock that could briefly push it into dangerous deflation territory for the first time in decades.
Japan Times
BUSINESS / Economy
Apr 6, 2020
Jobs destroyed worldwide as coronavirus triggers deep recession
The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week.
Japan Times
BUSINESS / Economy
Apr 4, 2020
IMF sees coronavirus-induced global downturn 'way worse' than financial crisis
Speaking at a rare joint news conference with the leader of the WHO, the IMF managing director called on advanced economies to step up their efforts to help emerging markets and developing countries.
Japan Times
BUSINESS / Economy
Apr 3, 2020
U.S. jobless claims soar to once-unthinkable record 6.65 million
The number of Americans applying for unemployment benefits soared to a record 6.65 million last week, a level unimaginable just a month ago.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
U.S. tourist arrested after bringing a handgun into Japan
Hyogo police believe the handgun a U.S. tourist inadvertently brought into Japan slipped through security procedures at Kansai International Airport in Osaka Prefecture.
Trump unveils 10% global tariff, with Japan levy set at 24%
Trump tosses a MAGA hat to the crowd during an event in which he unveiled new tariffs in the White House on Wednesday.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
Japan promises 'bold and speedy' response to Trump’s surprise 24% tariffs
U.S. President Donald Trump unveils new U.S. tariffs at the White House in Washington on Wednesday.
Haruki Murakami TV adaptation revisits 30 years of watershed moments
Though Haruki Murakami's trademark whiff of offbeat existentialism is threaded throughout NHK's "After the Quake," the final episode — conceived as a sequel to the story "Super-Frog Saves Tokyo" — is the most stylized, featuring an anthropomorphic talking frog (voiced by Non) and his erstwhile associate Katagiri (Koichi Sato).
A new human trafficking trend emerges from Myanmar scam centers
Victims of scam centers who were tricked or trafficked into working in Myanmar gather at a compound inside KK Park, a fraud center on the country's border with Thailand, after a multinational crackdown in February.
Meiji says sayonara to bottled milk, a staple of Japan's bathhouses
Meiji bottled milk lined up in a fridge at Kosugiyu, a bathhouse in Tokyo. The sticker urges patrons to enjoy the milk one last time before it’s gone.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.

Podcast

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

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan
By Johan Brooks

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