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August 15, 2024
 

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WORLD BANK

Japan Times
BUSINESS
Feb 24, 2023
Activists blast Biden’s pick of a Wall Street insider for World Bank president
However, some supporters have said that Ajay Banga, who was raised in India, brings a different perspective to an institution whose leaders typically have been deeply embedded in the U.S.
Japan Times
BUSINESS
Feb 16, 2023
World Bank chief David Malpass to step down early amid climate criticism
In recent months, activists had called for Malpass to be ousted for what they said was an inadequate approach to the climate crisis.
Japan Times
COMMENTARY / World
Dec 14, 2022
Rebooting the World Bank
A primary obstacle to reforming the World Bank's dysfunctional governance is a small group of nonborrowing countries, led by the United States, that dominate its decision-making.
Japan Times
BUSINESS / ANALYSIS
Oct 23, 2022
Poor nations face peril over elusive G20 debt relief push
Results under the Common Framework have proven elusive, hampered by a combination of a lack of progress in bringing key creditors around the table and getting them to commit to joint action.
Japan Times
BUSINESS / Economy
Oct 16, 2022
Guardians of world economy told to ‘buckle up’ as outlook dims
As the talks ended on Saturday, leaders in global finance pondered the impact of recent moves in the U.K., Saudi Arabia, China and Russia.
Japan Times
BUSINESS / Economy
Sep 16, 2022
Global recession looms amid broadest rate hikes in five decades, World Bank says
Policymakers around the world are rolling back monetary and fiscal support at a degree of synchronization not seen in half a century.
Japan Times
BUSINESS
Aug 16, 2022
Renewed Ukraine grain exports helping lower food prices, World Bank economist says
The World Bank does not expect food prices to increase for the rest of the year, the organization's senior agriculture economist said.
Japan Times
BUSINESS
Jun 8, 2022
Global growth will be choked amid inflation and war, World Bank says
The World Bank said the war in Ukraine, supply chain chokeholds, COVID-19 lockdowns in China, and rises in energy and food prices are exacting a growing toll on economies.
Japan Times
BUSINESS
Feb 25, 2022
World Bank preparing ways to support Ukraine as fallout assessed
It was unclear, however, what resources may be available to aid Ukraine's people if Zelenskyy's democratically elected government is deposed by Russian forces.
Japan Times
COMMENTARY / World
Feb 2, 2022
There is a big economic and political cost to closed minds
One of the main reasons for the uneven COVID-19 recovery has more to do with politics than economics as support for aggressive nationalistic trade barriers has grown sharply in recent years.
Japan Times
COMMENTARY / World
Dec 8, 2021
Time to overhaul the global financial system
Banking regulations should be revised and a new and improved credit-rating system implemented to facilitate more lending to developing countries.
Japan Times
COMMENTARY / World
Oct 11, 2021
Is World Bank’s Doing Business report really dead?
The bank announced it would discontinue the report after an investigation revealed efforts to manipulate data in order to improve China and Saudi Arabia's DB rankings.
Japan Times
WORLD
Sep 17, 2021
IMF Chief called out for artificially lifting China's economic ranking in 2018 report
China's position in the 2018 report, released in October 2017, should have been seven places lower — at No. 85 rather than remaining at No. 78.
Japan Times
BUSINESS
Apr 6, 2021
U.S. Treasury Secretary Janet Yellen calls for global minimum corporate tax
Yellen said Monday she was working with G20 countries to agree to the measure, in hope of ending a 'thirty-year race to the bottom.'
Japan Times
COMMENTARY / World
Mar 29, 2021
Tackling the global learning crisis
School closures due to COVID-19 have disproportionately harmed students from socioeconomically disadvantaged backgrounds and low-income countries.
Japan Times
COMMENTARY / World
Dec 28, 2020
China should join the Paris Club
The problem is that China, the largest sovereign lender in the world, is not a member, because other leading creditors complain that its loans and lending conditions are not transparent.
Japan Times
ASIA PACIFIC
Aug 24, 2020
Bangladesh has an ambitious climate plan, and a $2 billion loan could give it a start
The low-lying country — home to 160 million people and the world's largest river delta system — is particularly vulnerable to global warming.
Japan Times
BUSINESS / Economy
Jun 9, 2020
World Bank forecasts worst recession in eight decades as virus persists
According to a semi-annual report per-capita output will contract in more than 90 percent of countries, the largest percentage since 1870.
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 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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