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Japanese Government Looks at Cutting Base Worker Pay

I wonder if the Korean government has ever thought of doing this with USFK workers': A Japanese government working group recommended reviewing salaries of local workers on U.S. military bases as a potential cost-cutting measure, though it backed away from offering a specific proposal.Nine of the 12 panel members said Thursday evening that base [...]

3Vote!

‘Shichisho Hokoku’: The Japanese Also Have a Right to Stealth QE

Erwan Mahe submits: First, a little translation. ‘ Shichisho Hokoku’ here represents the war cry of Japanese Samouraïs , usually translated as "Serve the nation during seven existences." It was popularised by writer Yukio Mishima , who committed suicided according to the Seppuku ceremony in 1970, anguished by the lack of the population's reaction to his calls for...

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Japanese Deflation Forces Emergency Central Bank Meeting

Japan declared a surprise central bank meeting today , in response to crushing deflation and a strengthening Yen. Japanese exporters rallied on the news, hoping for action against a strong Yen. Check out the dollar/yen move in response to the emergency meeting news: Basically, expect Japan to throw more money at its banks and prod them to blow it on something. WSJ: With its key policy rate...

3Vote!

Forbes Advocates Less Japanese Spending, Opposes Green Growth (And Appears To Be Generally More Clueless Than Usual)

Forbes is a US magazine with an agenda, no doubt, but in the global economic depression, it is difficult to understand why they are still going against green growth and why they think Japan should not reduce CO2 emissions. How about this gem No. 1 from their Tokyo bureau chief: "...a task force reporting to the new Japanese government, according to local media reports, reckoned it...

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Richard Katz on Japanese debt

Richard Katz of The Oriental Economist provides a counter-argument to the mainstream worries about Japanese government debt. I'm leaning more towards Katz but am looking for more guidance. Now Is Not the Time to Fret About Tokyo's Debts...

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Japanese Officials Show Concern as Dollar Slides

Via: New York Times: Japanese policy makers on Friday became increasingly vocal about the strength of the yen after the Japanese currency hit a 14-year high against the dollar, fueling speculation that the government may step into the market to artificially weaken the currency. The dollar briefly fell to 84.82 yen — surpassing Thursday’s low and prompting [...]

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Weak Dollar: As Yen Passes 85, Japanese Exporters Tremble (SNE)(TM)

The Japanese government is getting nervous, by most accounts of the financial media. The yen as hit a level where Japan’s big exporters may post large earnings losses this year in the place of modest profits. According to Bloomberg, Japan’s financial minister pushed for an international response to the rising yen. The most likely near-term victims [...]

7Vote!

Currency intervention may be required by Japanese Government

The US dollar continued its slide today against the Japanese yen, falling to a 14-year low. The greenback dipped to 84 yen - its lowest level since 1995, due in part to the Federal Reserve indicating that US interest rates will remain low. Earlier this week, Yutaka Miura at Mizuho Securities said: “This yen strengthening is caused [...]

3Vote!

Five NGOs get Japanese assistance

CHENNAI: Five NGOs engaged in social uplift work, including three from the State, were on Thursday provided financial aid under the Japanese government’s “Grant Assistance for Grassroots Projects” (GGP) scheme. The ...

3Vote!

U.S. dollar hits 14-year low against Japanese yen

The U.S. dollar hit its lowest mark against the Japanese yen since 1995 on Thursday, fetching 86.72-75yen in early afternoon trading, causing the Japanese government very concern. Chief Cabinet Secretary Hirofumi Hirano said," if the yen rises at an accelerated pace, there is no doubt it will have an impact." Meanwhile, Finance Minister Hirohisa Fujii refused to tell...

3Vote!

U.S. dollar hits 14-year low against Japanese yen

The U.S. dollar hit its lowest mark against the Japanese yen since 1995 on Thursday, fetching 86.72-75yen in early afternoon trading, causing the Japanese government very concern. Chief Cabinet Secretary Hirofumi Hirano said," if the yen rises at an accelerated pace, there is no doubt it will have an impact." Meanwhile, Finance Minister Hirohisa Fujii refused to tell...

3Vote!

Steve Irwin Retains the Dutch Tri-Color

Steve Irwin Retains the Dutch Tri-Color Japanese Whalers Fail in Bid to Strike the Flag Dutch Transport Minister Tineke Huizinga has rejected a Japanese government complaint and demand to remove the Dutch flag from the Sea Shepherd ship Steve Irwin . The Japanese Prime Minster brought the matter to the attention of Dutch Prime Minister Jan Peter Balkenende a month ago when...

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Japan Nears Stimulus Boost

The Japanese government moved closer toward boosting a stimulus spending effort that now could total more than $80 billion.

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International Graduate Program for Advanced Science, Univ. of Tohoku

... It was established in October 2004 as the first international graduate program founded in Japanese national universities. IGPAS offers courses in English for international students who are eager to obtain master's and doctoral degrees from the Graduate School of Science. It also aims to educate Japanese students to exert their abilities as internationally-active, professional scientists....

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Archives: President Truman Deploying 30,000 More Troops, Plans Pullout Beginning July 1947

... the absence of a timeframe for transition would deny us any sense of urgency in working with the Japanese government." "America has no interest in fighting an endless war with Japan," added Mr. Truman. The president has received criticism from "hawks" in both parties for his cancellation of former president Roosevelt's Manhattan Project. He made a veiled reference...