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Tags: Current Focus, Japan,
A new administration committed to reverse decades of heavy public spending and issuance of debt to finance it. Public debt at $9.7 trillon is bout twice the national GNP. Kan assumed the prime ministers position when Hatoyama resigned, after only 8 months in office.
Grouped Articles
Once Mighty Party Falls, and Worries Grip Japan
New York Times 02/24/2010
Wall Street Journal 06/10/2010
Wall Street Journal 07/10/2010
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Japan's New Leader Seeks Bipartisan Attack on Debt
Wall Street Journal 06/12/2010
Japan Enlists Executives as Envoys
Wall Street Journal 06/15/2010
Japan's public debt is reaching twice the size of its $5 trillion economy.
Grouped Articles
Abe Set to Proceed With Tax Increase in Japan
Wall Street Journal 09/12/2013
Japan Expects Higher Tax Revenue
Wall Street Journal 01/14/2015
In Budget Plan, Japan Proposes More Spending and Aims to Borrow Less
New York Times 01/14/2015
Rising Debt a Threat to Japanese Economy
New York Times 10/21/2009
Harsh Realities Stand in the Way of a Leader’s Vision of a New Japan
New York Times 12/23/2009
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Renewal of US-Japan relations. Security, North Korea, China and other regional issues lead to an effort to renew the partnership in 2011-2012.
Grouped Articles
China Raises Stakes in Air Standoff
Wall Street Journal 12/01/2013
Tensions With China Shoring Up Japanese Prime Minister's Push to Build Up Military Capability
Wall Street Journal 12/01/2013
Japan, U.S. at Odds Over China's Air Zone
Wall Street Journal 12/02/2013
China Pumps Up the Volume Against Japan
Wall Street Journal 02/08/2014
Obama Juggles Itinerary in Bid to Ease Tensions Between Two Asian Allies
New York Times 03/24/2014
Japan’s Foreign Minister Says Apologies to Wartime Victims Will Be Upheld
New York Times 04/08/2014
The yen reached 86 yen to the dollar by August 2010. Chinese government accumulation of Japanese bonds was amajor factor in the yen's rise in 2010. By August 2011 the yen experienced a new surge going up to 78 yen to the U.S. dollar resulting in intervention by the Bank of Japan in currency markets. Investor flight to safe havens such as the Swiss Franc and the Japanese yen with the debt crisis in the U.S. and the Eurozone. The impact on export markets. The newly elected LDP government of Shinzo took strong action to reverse this and improve export competitiveness in 2013.
Grouped Articles
Japan's Yen Rises Above War Jitters, Deflation
BusinessWeek 05/27/2010
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Behind Japan's Allure: Stagnancy
Wall Street Journal 08/24/2010
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/2010
Japanese manufacturers: Leaving home
Economist 11/20/2010
Nissan to 'Significantly' Reduce Japan Exports
Wall Street Journal 02/01/2011
Spending is to be kept at 71 trillion yen for the next 3 years and the budget balanced in 10 years. This is critical to the Democratic Party government's credibility on spending, deficit and debt issues facing Japan.
Grouped Articles
Abe Set to Proceed With Tax Increase in Japan
Wall Street Journal 09/12/2013
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Japan Expects Higher Tax Revenue
Wall Street Journal 01/14/2015
In Budget Plan, Japan Proposes More Spending and Aims to Borrow Less
New York Times 01/14/2015
Japan Vows to Cap Budget at 71 Trillion Yen
Wall Street Journal 07/20/2010
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/2011
Grouped Articles
Election Win by Ruling Party Signals Change in Japan
New York Times 07/21/2013
Once Mighty Party Falls, and Worries Grip Japan
New York Times 02/24/2010
Japan’s Political Dynasties Come Under Fire but Prove Resilient
New York Times 03/15/2009
Power Broker for Japanâs Ruling Party Indicted in Funds Case
New York Times 01/31/2011
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/2011
Wall Street Journal 03/01/2011
Experts in Japan ponder the future direction of Japan's economy, possibly into a US style service industry dominated economy away from the mass manufacturing of the postwar era.
Grouped Articles
In Toyota Mess, Lesson for Japan
New York Times 02/09/2010
Japanâs Prime Minister Warns That Debt Could Bring a Crisis Like That of Greece
New York Times 06/11/2010
Electric Cars Make Japan's Gas Engine Industry Anxious
New York Times 11/02/2010
Toyota's Domestic Plant Problem
Wall Street Journal 02/09/2011
Shaking up Japan: Bold, or plain reckless?
Economist 02/05/2011
Toyota Unveils New Business Plan
Wall Street Journal 03/09/2011
Grouped Articles
'Three Amigos' Outline Trade Goals at Talks
Wall Street Journal 02/20/2014
In Mexico Meeting, a Show of Friendship With Few Results on Immigration and Trade
New York Times 02/19/2014
Lawmakers Introduce ‘Fast Track’ Trade Bill, Triggering Democratic Discord
Wall Street Journal 04/17/2015
TPP: Momentum on Trade Deal Bolsters U.S., Japan Efforts to Counter China
Wall Street Journal 04/17/2015
Wall Street Journal 04/17/2015
Obama Tries Tough Sale of TPP Trade Deal to Fellow Democrats
Wall Street Journal 04/18/2015
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