Wednesday, June 19, 2019

Tag: Shinzo Abe

The Coming War on China

When I first went to Hiroshima in 1967, the shadow on the steps was still there. It was an almost perfect impression of a human being at ease: legs splayed, back bent, one hand by her side as she sat waiting for a bank to open. At a quarter...

Abe looks to bolster U.S.-Japan alliance at next Trump meeting

NEW YORK – Prime Minister Shinzo Abe, who became the first foreign national leader to meet face to face with U.S. President-elect Donald Trump on Thursday, hopes to produce an agreement to strengthen the Japan-U.S. alliance when they meet next time, according to informed sources. To lay the groundwork for...

Did Shinzo Abe Get What He Came for in Meeting With Trump?

Japanese Prime Minister Shinzo Abe was the first foreign leader to meet with President-elect Donald Trump (and with his daughter Ivanka and son-in-law Jared Kushner). After the Nov. 8 U.S. election, Abe was quick to call Trump, who has for decades argued that America is losing to Japan on...

Abe Plans Stimulus Package of More Than 28 Trillion Yen

Japanese Prime Minister Shinzo Abe announced plans Wednesday for more than 28 trillion yen ($265 billion) in economic stimulus in an effort to prop up the nation’s economy. The plan will include 13 trillion yen in “fiscal measures,” he said in excerpts of a speech broadcast by NHK public television....

Japan may be on route for a soft form of helicopter money

Japanese policymakers, who won't go as far as funding government spending through direct debt monetization, might pursue a mix of aggressive fiscal and monetary expansion to battle deflation, say sources familiar with the matter. In the past week, Japanese markets have seen hyped-up speculation that the government will resort to...

Japanese Turning to Gold as Their Economy Spirals into Central Bank Oblivion

The Japanese economy is sliding into oblivion pulled along by central bank policy. In response, the Japanese people are buying gold. Economic growth has languished in Japan for nearly two decades despite extraordinary monetary policy including negative interest rates and round after round of stimulus. The government even flirted with...

The Silencing of Japan’s Free Press

Under the heavy hand of Prime Minister Shinzo Abe, Japan's media is being forced to toe the government line. Or else. TOKYO — As the leaders of the G-7 liberal democracies convened in the Japanese shrine town of Ise-Shima this week, host Prime Minister Shinzo Abe used the event to...

Japan’s cabinet approves bills to loosen post-war military restrictions

TOKYO — Japan’s prime minister declared Thursday that his country would “never become entangled in a war being fought by the United States” as his cabinet approved legislation to loosen restrictions on Japan’s ­self-defense forces. Even as he vowed that the changes would make technically pacifist Japan more peaceful, Prime...

Obama, Republicans push anti-China trade pact

Both the US Senate and House of Representatives have begun action on legislation to grant President Obama Trade Promotion Authority, also known as “fast-track” authority, which would enable the US government to finalize the Trans-Pacific Partnership, a trade agreement with 11 other countries in Asia and the Americas. The Senate...

Revised defense rules would give Japan new powers to aid U.S. military

TOKYO — The United States and Japan are close to concluding a set of bilateral defense rules that if finalized would give Japan’s military new powers to act when U.S. forces are threatened by a third country, U.S. officials said Wednesday. Defense Secretary Ashton Carter, speaking during a visit to...

Japan, Sticking With U.S., Says It Won’t Join China-Led Bank

TOKYO — Japanese leaders indicated on Tuesday that their nation would not become a founding member of a new Chinese-led Asian development bank but instead remain loyal to the United States, which has urged its allies to refrain from joining. The officials cited concerns about the management of the new...

Global Currency Tensions Rise

Japan's Abe Calls on Central Bank to Resist Easing Moves by U.S. and Europe. TOKYO—Japan's incoming prime minister fired a volley into increasingly tense global currency markets, saying the country must defend itself against attempts by other governments to devalue their currencies by ensuring the yen weakens as well. Shinzo Abe's...

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