Keyword: japan

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  • The Rest of the 'Unbroken' Story

    12/23/2014 4:34:31 AM PST · by Kaslin · 15 replies
    Townhall.com ^ | December 23, 2014 | Chuck Norris
    On Dec. 25, the unforgettable story about Louis Zamperini, an Olympian turned World War II prisoner of war hero, opens in theaters nationwide. As astoundingly resilient as Zamperini was, however, his real power was found in a fact underplayed in the movie; namely, he whose birth we celebrate Dec. 25 is the one responsible for restoring and transforming Zamperini's heart and life. First, let me say, few lives can compare with Zamperini's. He lived hard from a young age. He smoked cigarettes by the time he was 5, and his favorite pastime as a youth was stealing beer from bootleggers.Cops...
  • How Japan Bankrupted Itself: The story of Japan’s decline — and the lessons for Europe.

    12/22/2014 4:18:21 PM PST · by SeekAndFind · 32 replies
    The Globalist ^ | 12/22/2014 | By Daniel Stelter
    Following the start of Abenomics in 2012, Japan moved back to the center of attention of global financial markets. After two and a half decades of economic stagnation, hopes were high that Japan would escape its long stagnation and deflation. Plenty of economists around the globe hoped that, in so doing, Japan would show the western world, mainly the Eurozone, the way to do the same and avoid a similar long period of low growth and stagnating incomes. Conversely, the failure of AbeÂ’s plan for JapanÂ’s recovery would not only be a disaster for the country of the rising sun....
  • The 35 Most Powerful Militaries In The World

    12/20/2014 4:04:53 AM PST · by iowamark · 19 replies
    Business Insider ^ | Dec. 10, 2014 | Amanda Macias, Jeremy Bender and Skye Gould
    There's only one real way to compare military strength, and thankfully the world hasn't had many opportunities lately. Despite the potential powder keg in the South China Sea, standoffs in Ukraine, and proxy wars throughout the Middle East, inter-state warfare between the world's military powers has been all but banished from the global scene (for the time being, at least). For a simpler evaluation of military power, we turned to the Global Firepower Index, a ranking of 106 nations based on more than 50 factors including overall military budget, available manpower, and the amount of equipment each country has in...
  • Romney urges Sony Pictures: Fight back and release “The Interview” for free online

    12/18/2014 10:13:05 AM PST · by Kaslin · 62 replies
    Hot Air.com ^ | December 18, 2014 | ALLAHPUNDIT
    By gum, he sounds like presidential material to me. Your move, Jeb. .@SonyPictures don’t cave, fight: release @TheInterview free online globally. Ask viewers for voluntary $5 contribution to fight #Ebola.— Mitt Romney (@MittRomney) December 18, 2014 More than 13,000 retweets as I write this. Clearly there’s a demand for countermeasures among an American public that doesn’t like the idea of foreigners, especially savages like the Kim cabal, holding veto power over their culture. (Too bad China, Kim’s chief patron, already sort of does.) Am I right, though, in thinking that no major Republican pol aside from Romney has said anything...
  • The West Should Not Let Russia Fall Apart

    12/19/2014 3:23:15 AM PST · by edpc · 14 replies
    Fortune ^ | 18 Dec 2014 | Cyrus Sinati
    The West shouldn’t stoke the fires engulfing Russia’s wounded economy. Talk in Washington and Brussels this week of levying further economic sanctions on Russia seems counterproductive and will only make matters worse for all parties involved. Like it or not, Russia’s economy has grown simply “too big to fail,” and its political and military might is too dangerous to ignore. The West might have better luck in advancing its goals in the region by helping, not hurting, the Russian bear in its time of need.
  • TABLE-Construction plans for Japan's coal power stations

    12/12/2014 5:02:36 AM PST · by thackney · 6 replies
    Reuters ^ | Reuters
    The closure of Japan's nuclear power plants following the meltdowns at the Fukushima Daiichi plant after the March 2011 earthquake and tsunami increased fossil fuel consumption and led to a wave of new coal plant construction. Japan plans to build 28 new coal-fired power generation units with total capacity of as much as 14,800 megawatts, due to come online in the next decade or so. Total = 28 units 13,801-14,801 megawatts. Individual plants and start dates excepted
  • RUSSIA'S SINKING ECONOMY BECOMING A GLOBAL THREAT

    12/16/2014 3:14:47 PM PST · by Star Traveler · 87 replies
    Associated Press ^ | Tuesday, December 16, 2014 | Josh Boak
    WASHINGTON (AP) -- Russia's suddenly escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. With economies in Europe, Japan, China and Latin America already ailing, fresh threats have emerged from Russia's shriveled currency, its move to dramatically boost interest rates, the damage from plummeting oil prices and Western sanctions over Russia's action in Ukraine. The alarming 10 percent drop in the ruble over the past two days has amplified the economic turmoil in Russia. Investors fear that Russia may default on its foreign debt obligations - a move that would inflict hundreds of billions...
  • Your First Prerequisite is to Acquire My(Jesus) Presence

    12/16/2014 10:53:52 AM PST · by Jedediah · 10 replies
    Your prerequisite in all things is to first acquire My Presence for in My courts there are libraries of scrolls providing the wisdom and knowledge in first acquiring the understanding to decipher and illuminate My Word in Spirit and Truth and it is in the interpretation of your heavenly languages, "that exist even now in the alcoves of your wellspring" but these can only rise up into reality and understanding as you manifest and operate totally in the Menorah of light " The Manifold Wisdom of God " My very fullness indwelling you as "an eternal light of My Kingdom...
  • OPEC isn't scared of $40 oil

    12/14/2014 1:42:51 PM PST · by Signalman · 15 replies
    CNNMoney ^ | 12/14/2014 | Gregory Wallace
    OPEC won't rush to cut oil production even if prices fall as low as $40 per barrel, one of the cartel's members said Sunday. The energy minister for the United Arab Emirates told Bloomberg at a Dubai conference that the middle eastern oil producers believe "the market will stabilize itself." "We are not going to change our minds because the prices went to $60 or to $40," Suhail Al-Mazrouei said. Even as it has watched prices dip, OPEC declined to cut back on production at its November meeting. Some observers had expected a production cut to boost the price of...
  • Saudi Arabia’s oil war against Iran and Russia

    12/14/2014 2:08:05 PM PST · by elhombrelibre · 56 replies
    NYP ^ | 14 Dec 14 | Ralph Peters
    This week, oil fell through the price floor of $60 a barrel and gas at my local filling station was $2.26 a gallon. That’s great news for commuters and almost every business, but wonderfully bad news for our ugliest enemies. If oil prices remain low through next year, the effect on rogue governments, from the Russian Federation to Venezuela, will go from damaging to devastating. But Western economies (and China’s) stand to benefit, with cheap oil possibly tickling Europe’s snoozing markets awake. Even most underdeveloped states will get a welcome break.
  • Rand Paul: America Partly To Blame For Pearl Harbor, World War II

    03/31/2014 8:24:21 AM PDT · by thetallguy24 · 129 replies
    The Right Scoop ^ | 03/31/2014 | Caleb Howe
    At the Washington Post, Jennifer Rubin this weekend highlighted a video of Rand Paul speaking in 2012 about sanctions on Iran. In it, Paul disparages the notion of use of force, and for some reason claims the United States was partly to blame for World War II! “There are times when sanctions have made it worse. I mean, there are times .. leading up to World War II we cut off trade with Japan. That probably caused Japan to react angrily. We also had a blockade on Germany after World War I, which may have encouraged them … some of...
  • What Oil Shock and Repub. Cave Mean to Stocks and GDP; Investment & Finance Thread - Dec. 14

    12/14/2014 7:43:31 AM PST · by expat_panama · 158 replies
    Weekly investment & finance thread ^ | Dec. 14, 2014 | Freeper Investors
    So while nobody knows the future we still need to know what to expect from the week's two big headlines, even though our view can easily (and will probably) be muddied w/ other factors.  So we deal with an unknown future by checking the historical record for clues on at what the news means to our future investment returns.  What oil bargains do:  namely, what's it doing to the economy and to investments; here's what tanking oil's done in the past (ya gotta LOVE the fed's data site) and how real oil prices (2014$ per barrel) track real GDP-- [click...
  • Lower Oil and King Dollar Are Unambiguously Good Don’t listen to the naysayers.

    12/13/2014 5:58:18 AM PST · by bestintxas · 12 replies
    nat review ^ | 12/12/14 | l kudlow
    We all know that the American energy revolution, led by the new technologies of hydraulic fracturing and horizontal drilling, has created a flood of new shale-oil and natural-gas production that has overwhelmed world markets and driven prices down by roughly 40 percent. End-of-week crude oil closed near $57 a barrel, and the national average gasoline price finished at $2.60. No matter what the naysayers are trying to sell, the new energy reality is unambiguously good for the U.S. and global economies. There may be some dislocations among countries, sectors, or companies, but the overwhelming impact is positive. In fact, the...
  • Angelina Jolie’s new movie ‘Unbroken’ provokes Japanese outrage

    12/13/2014 5:00:31 AM PST · by Hostage · 105 replies
    LAS VEGAS REVIEW-JOURNAL ^ | December 12, 2014 | YURI KAGEYAMA ASSOCIATED PRESS
    TOKYO — Angelina Jolie’s new movie “Unbroken” has not been released in Japan yet, but it has already struck a nerve in a country still wrestling over its wartime past. The buzz on social networks and in online chatter is decidedly negative over the film, which depicts a U.S. Olympic runner who endures torture at a Japanese prisoner-of-war camp during World War II. Some people are calling for a boycott of the movie, although there is no release date in Japan yet. It hits theaters in the U.S. on Dec. 25. Others want the ban extended to Jolie, the director...
  • Japan's Gov't Pension Fund Warning For Citizens: Abenomics Better Work, Or Your Pensions Are Toast

    12/12/2014 7:49:56 AM PST · by SeekAndFind · 10 replies
    Zero Hedge ^ | 12/12/2014 | Tyler Durden
    Once upon a time, the world's biggest government pension fund, Japan's $1.1 trillion Government Pension Investment Fund, or GPIF, was apolitical, and merely focused on preserving the people's wealth. Then everything changed, and with the reckless abandon of a junkie on a crack cocaine binge, aka Abenomics, the GPIF management was kicked out, and its entire mandate was flipped from preserving wealth, to gambling on #Ref! P/E stocks, in hopes of recreating the wealth effect of the super-rich (the only problem: Japan has reached its breaking point and the higher the USDJPY, and thus the Nikkei rises, the more...
  • Ted Cruz: Return to foreign policy of Reagan - Appears to have eye on 2016 in Heritage speech

    12/11/2014 12:46:32 AM PST · by 2ndDivisionVet · 26 replies
    WorldNetDaily ^ | December 10, 2014 | Jerome R. Corsi
    WASHINGTON – In a speech at the Heritage Foundation on Wednesday that sounded like the first foreign policy address of a presidential campaign, U.S. Sen. Ted Cruz, R-Texas, called for a return to the international politics of President Ronald Reagan. Cruz contrasted Reagan’s approach with the Obama-Clinton policy of not putting distance between the U.S. and traditional allies, such as Britain and Israel, in the hope of “domesticating” long-standing enemies such as Russia and Iran. “This backfired,” Cruz argued. “The end result is that Churchill is no longer welcome in the Oval Office. He recalled one of Obama’s first acts...
  • A WORD OF LOVE AND DIRECTION

    12/09/2014 7:03:33 AM PST · by Jedediah
    My children of light you have arrived for you abide in My presence in Zion yet many remain earthbound in distractions. Therefore throw off these hindrances "yeah" fast the earth for though I am coming I have already arrived in "you" My Zion on earth. You see as you strip your wellspring of earthly desires Heaven arises in you in all the fullness of The Godhead and it is then My will "is" done. Let there be freedom for My Spirit to "speak" to you of new things and allow Me to bless you through your obedience to My Voice...
  • In memory of those who lost their lives in SS Cynthia Olson

    12/07/2014 2:54:32 PM PST · by WhiskeyX · 10 replies
    MaritimeQuest.com ^ | 2008 | Michael W. Pocock
    At dawn on Dec. 7, 1941 the I-26 surfaced and fired a warning shot at the Cynthia Olson, the radio officer sent out an SOS from position 33.42N-145.29W which was picked up on the mainland and Minoru reported seeing lifeboats being lowered, after which he began to shell the ship. Some time during the attack the Japanese commander received the signal "Tora, tora, tora!" indicating the surprise attack on Pearl Harbor had been a success. Compaired to what was going on at Pearl Harbor his attack would be easy. Since the Cynthia Olson was unarmed she would offer no resistance,...
  • Japan's third-quarter economic contraction bigger than expected

    12/07/2014 5:33:32 PM PST · by Red in Blue PA · 14 replies
    TOKYO (Reuters) - Japan's economic contraction in July-September was deeper than initially expected on declines in capital expenditure, according to revised data on Monday that backs Prime Minister Shinzo Abe's recent decision to delay a second sales tax hike. The data indicated that the hit from April's sales tax hike turned out to be bigger than expected. Abe, who has called a snap poll for Sunday, hopes voters will agree that his stimulus policies and a decision to delay a second sales tax hike next year will revive a sputtering economy.
  • Loud + Weak = War (Victor Davis Hanson)

    03/25/2014 2:58:06 PM PDT · by neverdem · 17 replies
    National Review Online ^ | March 25, 2014 | Victor Davis Hanson
    China and Russia are no more impressed with empty bluster today than Japan was in 1941. The Roosevelt administration once talked loudly of pivoting to Asia to thwart a rising Japan. As a token of its seriousness, in May 1940 it moved the home port of the Seventh Fleet from San Diego to Pearl Harbor — but without beefing up the fleet’s strength... --snip-- Being weak is sometimes dangerous. Being loud, self-righteous, and weak is always very dangerous indeed.
  • Victor Davis Hanson commentary: China behaving as Japan did in 1930s

    01/09/2014 8:12:34 PM PST · by traumer · 40 replies
    In the 1920s, Japan began to translate its growing economic might — after a prior 50-year crash course in Western capitalism and industrialization — into formidable military power. At first, few of its possible rivals seemed to care. America and European colonials did not quite believe that any Asian power could ever dare to threaten their own Pacific interests. Japan had been a British ally and a partner of the democracies in World War I. Most of its engineering talent was trained in Britain and France. The West even declared Japan to be one of the “Big Five” world economic...
  • US spooks buy a superconducting supercomputer ( Research Project)

    12/05/2014 11:28:38 AM PST · by Ernest_at_the_Beach · 11 replies
    fudzilla.com ^ | Thursday, 04 December 2014 10:45 | Nick Farrell
    Password guessing The U.S. intelligence community has launched a multi-year research project to develop a superconducting computer, awarding its first contracts to three major technology companies.IBM, Raytheon BBN and Northrop Grumman won the contracts, the Intelligence Advanced Research Projects Activity said Wednesday, without disclosing financial details.If it works, the Cryogenic Computer Complexity (C3) program could lead to a new generation of superconducting supercomputers."The energy demands of today's high-performance computers have become a critical challenge for the Intelligence Community that the C3 program aims to address," IARPA said in a statement. Such computers use massive amounts of energy.Competition from Europe, Japan...
  • <b>Autumn,1942: It came down to one Marine, and one ship.(61 yrs ago)</b>

    10/26/2003 12:18:06 PM PST · by MadelineZapeezda · 44 replies · 765+ views
    Prev. posted on Enter Stage Right and Free Republic ^ | October 23, 2000 | Vin Suprynowicz
    Autumn,1942: It came down to one Marine, and one ship. October 26 falls on a Thursday this year. Ask the significance of the date, and you're likely to draw some puzzled looks -- five more days to stock up for Halloween? It's a measure of men like Col. Mitchell Paige and Rear Adm. Willis A. "Ching Chong China" Lee that they wouldn't have had it any other way. What they did 58 years ago, they did precisely so their grandchildren could live in a land of peace and plenty. Whether we've properly safeguarded the freedoms they fought to leave us,...
  • Oft-forgotten battle at Guadalcanal was turning point in WWII

    08/07/2002 5:52:40 AM PDT · by Non-Sequitur · 34 replies · 1,706+ views
    Kansas City Star ^ | August 7, 2002 | Rick Montgomery
    Of all the memorable dates of World War II, this one somehow got lost in the jungle. Remember Aug. 7, 1942? Quiz your friends. Note the silence. To veterans who landed 60 years ago today on the Pacific island of Guadalcanal, it is a silence almost as eerie and inexplicable as the quiet of the early hours of their raid -- the first U.S. offensive of the war. "So many people today don't even know what Guadalcanal is," said Rudy Bock, 82, of Overland Park, who stormed in with fellow Marines and caught the Japanese with their guns down. "You...
  • Last Medal of Honor recipient from the Battle of Guadalcanal USMC Colonel Mitchell Paige has died

    11/16/2003 8:15:05 PM PST · by ErnBatavia · 103 replies · 7,741+ views
    I probably blew the format for starting a thread...and didn't see posted elsewhere. A true hero has moved on. My 56 year old self just went outside, faced the sky, and offered the best salute I've snapped in 35 years. Rest In Peace, Mitch....proud and honored to have had your aquaintance.
  • This day in History 1942 : U.S. forces invade Guadalcanal

    08/07/2007 4:37:48 AM PDT · by abb · 23 replies · 978+ views
    History.com ^ | August 7, 2007 | Staff
    On this day in 1942, the U.S. 1st Marine Division begins Operation Watchtower, the first U.S. offensive of the war, by landing on Guadalcanal, one of the Solomon Islands. On July 6, 1942, the Japanese landed on Guadalcanal Island and began constructing an airfield there. Operation Watchtower was the codename for the U.S. plan to invade Guadalcanal and the surrounding islands. During the attack, American troops landed on five islands within the Solomon chain. Although the invasion came as a complete surprise to the Japanese (bad weather had grounded their scouting aircraft), the landings on Florida, Tulagi, Gavutu, and Tananbogo...
  • Legend honored [Col. Mitchell Paige, MOH Guadalcanal ]

    11/26/2003 4:14:29 PM PST · by SJackson · 17 replies · 1,010+ views
    Marinelink ^ | 11-26-03
    , Calif.(Nov. 23, 2003) -- A quiet chill settled over the Riverside National Cemetery. Six Marines gripped the polished metal rails of a casket. They moved in unison, carrying the flag-draped coffin for one final honor for a Marine hero. Col. Mitchell Paige, recipient of the Medal of Honor, was laid to rest near the Medal of Honor Memorial here Sunday. Hundreds of mourners turned out to watch as an honor guard and honor platoon from 2nd Battalion, 7th Marine Regiment based at Marine Corps Air-Ground Center Twentynine Palms, the 1st Marine Division Band and Lt. Gen. James T. Conway,...
  • This Day In History | World War II August 7, 1942 U.S. forces invade Guadalcanal

    08/07/2005 5:00:08 AM PDT · by mainepatsfan · 29 replies · 1,082+ views
    historychannel.com ^ | 7/7/05 | historychannel.com
    This Day In History | World War II August 7 1942 U.S. forces invade Guadalcanal On this day in 1942, the U.S. 1st Marine Division begins Operation Watchtower, the first U.S. offensive of the war, by landing on Guadalcanal, one of the Solomon Islands. On July 6, 1942, the Japanese landed on Guadalcanal Island and began constructing an airfield there. Operation Watchtower was the codename for the U.S. plan to invade Guadalcanal and the surrounding islands. During the attack, American troops landed on five islands within the Solomon chain. Although the invasion came as a complete surprise to the Japanese...
  • Bonnie Henry : 16 sea battles hard to forget

    06/29/2009 5:55:00 PM PDT · by SandRat · 4 replies · 459+ views
    Arizona Daily Star ^ | Bonnie Henry
    Hope you have a nice Fourth of July. Maybe you'll watch the fireworks, grill a few hot dogs, give a little thanks to those keeping watch — now and then. Dave Cohea knows where he was on the Fourth of July in 1944: on board the USS Boston, which was shelling the island of Iwo Jima, softening it up for invasion the following spring. The Boston was Cohea's second ship, the first having been blasted out of the water 18 months earlier at Guadalcanal. "We were torpedoed. The ammo blew up, and fuel was all over me," says Cohea, 85,...
  • Marines Travel to WWII Site

    09/01/2009 6:33:48 PM PDT · by Dubya · 31 replies · 4,736+ views
    Marine Corps News ^ | Marine Corps News
    Marine Corps Air Station Iwakuni - 10,409 miles, 6,500 gallons, 11 days, 10 islands and nine people. Add up the numbers and it equals a once-in-a-lifetime experience. Marines here embarked on the 11-day expedition Aug. 3 to various locations across the Pacific to commemorate the Marine Corps 67th anniversary of World War II’s Guadalcanal campaign. The nine Marines were able experience to witness and experience firsthand what was left of seven historic battle sites, including Saipan, Guadalcanal, Tarawa, Peleliu, Guam and Iwo- Jima.
  • FR "exclusive" - Henderson International Airport Tipped to Retain Name

    06/22/2003 6:51:50 PM PDT · by New Zealander · 21 replies · 246+ views
    23-06-03 NZST | New Zealander
    Just returned from having my boots on the ground in the Solomon Islands. Bit of a working holiday of sorts – had the best time imaginable, despite a fair bit of hard yakka. While I was there I heard a little gem of some news from a primary source: According to the prime minister, the right honourable Sir Allan Kemakeza KBE, Henderson International Airport, formerly Henderson Airfield, and formerly planned to be known by some Japanese name that’s been mostly erased from history by an assault by the US Marines and months of heavy fighting… will be retaining its present...
  • Remember Henderson Field, Guadalcanal!

    05/24/2003 7:15:14 AM PDT · by gunnyg · 31 replies · 2,703+ views
    Here is an e-mail I received from the webmaster, 1st Marine Division Associaion, involving the name of Henderson Field on Guadalcanal, named after a KIA Marine just prior to that great battle of the Corps and WW II.
  • In 1942, it came down to one Marine

    10/25/2009 4:49:12 AM PDT · by rellimpank · 92 replies · 4,992+ views
    Las Vegas Review-Journal ^ | 25 oct 09 | Vin Suprynowicz
    It's hard to envision -- or, for the dwindling few, to remember -- what the world looked like on Oct. 26, 1942, when a few thousand U.S. Marines stood essentially stranded on the God-forsaken jungle island of Guadalcanal, placed like a speed bump at the end of the long blue-water slot between New Guinea and the Bismarck Archipelago, the most likely route for the Japanese Navy to take if they hoped to reach Australia. On Guadalcanal, the Marines struggled to complete an airfield. Japanese Adm. Isoroku Yamamoto knew what that meant. No effort would be spared to dislodge these upstart...
  • Moody’s downgrades Japan credit rating, citing debt

    12/01/2014 5:34:50 AM PST · by WhiskeyX
    Japan Times ^ | Dec 1, 2014 | AFP-JIJI
    Moody’s downgraded Japan’s credit rating Monday, citing “rising uncertainty” over the country’s debt situation and Prime Minister Shinzo Abe’s faltering efforts to kick-start the world’s No. 3 economy. The ratings agency said it cut Japan’s rating by one notch to A1 from Aa3, after the economy sank into recession during the third quarter.
  • Kepco inspects aging Takahama reactors for chance at 20-year extension

    12/01/2014 5:30:16 AM PST · by WhiskeyX · 2 replies
    Japan Times ^ | Dec 1, 2014 | Japan Times
    OSAKA – Kansai Electric Power Co. on Monday began checking the safety of two aging nuclear reactors in Fukui Prefecture that are nearing the end of their certified lives to see if it can keep them going for another two decades. The reactors are the No. 1 and No. 2 units at the Takahama nuclear plant. Safety requirements adopted after the 2011 Fukushima nuclear crisis include a provision requiring operators to shut and dismantle reactors when they are 40 years old. But the nuclear regulator may grant a one-time extension of up to 20 years if utilities carry out thorough...
  • Vast majority of ruling bloc candidates favor rebooting reactors

    12/01/2014 5:25:07 AM PST · by WhiskeyX · 2 replies
    Japan Times ^ | Dec 1, 2014 | Japan Times
    A huge majority of those planning to run in the Dec. 14 Lower House election on the ticket of the ruling Liberal Democratic Party or its junior coalition ally, Komeito, favor restarting the nation’s idled nuclear reactors, a Kyodo News poll showed Sunday. A total of 90.7 percent of those eyeing a run on the LDP ticket and 79.4 percent of prospective Komeito candidates said they support the reboot of reactors, which generated around 30 percent of the country’s total electricity before the 2011 triple meltdown at the Fukushima No. 1 nuclear plant. All of the nation’s 48 reactors are...
  • Moody's downgrades Japan as concerns grow

    12/01/2014 5:22:21 AM PST · by Enlightened1 · 2 replies
    CNBC ^ | 12/01/14
    Fears over the future of Japan's economy are growing – and Moody's, the credit ratings agency, reflected this on Monday by cutting its credit rating to A1 from AA3. The news came just after the country's main stock market, the Nikkei, closed at a seven-year high.
  • Japan Household Spending Down 4%, CPI Drops to 0.9%; Bankruptcies Soar in Yen Collapse

    11/30/2014 2:21:35 PM PST · by Kaslin · 37 replies
    Townhall.com ^ | November 30, 2014 | Mike Shedlock
    <p>In spite of the Yen falling 35% since 2011, Japan once again borders on deflation. Please consider Japan’s CPI falls to 0.9%.</p> <p>Japanese core inflation last month fell below 1 per cent to a 13 month low, just weeks before prime minister Shinzo Abe heads to the polls to garner fresh support to push back a scheduled rise in sales tax.</p>
  • VIDEO: Japan is so much better than Americans at shopping lines

    11/29/2014 7:27:20 PM PST · by rjbemsha · 15 replies
    Vox.com ^ | 28 Nov 2014 | Max Fisher
    If you are an American, then odds are you are spending some significant chunk of today [Black Friday] fighting your way through unpleasant, stressful, and chaotic shopping lines. There's a better kind of line. And it's in Japan. Watch this time-lapse video of patrons lining up at Comiket, a regular comic book festival in Tokyo, and just marvel at the order of it all. (They're lining up to enter the festival, one chunk of people at a time.) The experience looks easy, even downright pleasant, and most amazing of all appears entirely self-organized. I challenge you to find a single...
  • Flights cancelled across Japanese...Mount Aso volcano erupts for the first time in 22 years

    11/28/2014 5:18:10 AM PST · by John W · 18 replies
    Mail Online ^ | November 28, 2014 | Sara Malm
    Dozens of flights have been cancelled across southern Japan after a volcano erupted for the first time in 22 years. Mount Aso, located about 625 miles southwest of Tokyo, on Kyushu island, has been blasting out chunks of magma since Friday morning, causing flight cancellations from Kumamoto, the nearest city, and prompting warnings to stay away from its crater. The volcano has been spewing out lava debris and smoke, shooting plumes of ash a kilometer (3,280 feet) into the sky, The Japan Meteorological Agency said.
  • Germany gives up on emissions target. Japan emits more CO2 than ever

    11/20/2014 1:42:05 PM PST · by Ernest_at_the_Beach · 9 replies
    joannenova.com.au ^ | November 18th, 2014 | | Breitbart- London
    So much for momentum on climate change. Reality bites. Without nuclear power, Japans emissions have hit a new record high. At the same time, even with 17% of its energy from Nuclear power, and with 23,000 wind turbines, Germany stands no chance of reaching its emissions targets. The rich, technologically advanced nation that has spent more than any other on green energy admits they’ve failed. Those who want to stop producing CO2 have billions of dollars to spend on advertising and pointless windmills, but in the end, chemistry and physics can’t be bought. If renewables could provide cheap reliable power,...
  • Strong quake strikes central Japan's Nagano city

    11/22/2014 6:27:34 AM PST · by Zakeet · 14 replies
    Fox News ^ | November 22, 2014
    A strong earthquake has hit central Japan, but there were no immediate reports of injuries or damage, and no tsunami warning was issued. The Japan Meteorological Agency says the magnitude-6.8 earthquake hit parts of Nagano city and surrounding areas the hardest. The U.S. Geological Survey says the quake's magnitude was 6.2
  • Russian Bombers Threaten Guam

    11/20/2014 11:24:23 AM PST · by McGruff · 31 replies
    The Washington Free Beacon ^ | November 19, 2014 | Bill Gertz
    Two Russian strategic bombers circled the U.S. island of Guam last week in what U.S. defense officials say is the latest in a series of nuclear provocations by Moscow. The bombers were identified by air defenses as Tu-95 Bear H nuclear-capable aircraft that circumnavigated the strategic U.S. military outpost on Friday—amid heightened tensions with Moscow regarding a new buildup of Russian forces in and along the border of eastern Ukraine. “U.S. Pacific Command can confirm that two aircraft circumnavigated Guam on November 13th,” said spokesman Maj. Christian Devine. “The aircraft were flying safely in international airspace and in accordance with...
  • Japan in recession as economy contracts 1.6 pct

    11/16/2014 5:38:02 PM PST · by Olog-hai · 4 replies
    Associated Press ^ | Nov 16, 2014 8:30 PM EST | Elaine Kurtenbach
    Japan reported Monday that its economy contracted at a real annual rate of 1.6 percent in July-September, in a second straight quarterly decline that returned the country to recession. A 24.1 percent plunge in private residential investment from a year earlier failed to offset a modest recovery in exports and a 1.5 percent increase in household spending. Most economists had forecast that the world’s third-biggest economy would expand at about a 2 percent pace. The negative growth figure was much lower than expected and makes it very likely Prime Minister Shinzo Abe will delay implementation of a sales tax hike...
  • Japan's Biggest Problem Is Basically Unfixable

    11/19/2014 7:40:26 AM PST · by SeekAndFind · 90 replies
    Business Insider ^ | 11/19/2014 | Shane Ferro
    Japan's economy is in trouble. The latest GDP figures unexpectedly show it to be in recession. In the long term, this is largely a story about demographics, and Japan is fighting an uphill battle. One-fourth of Japan's population is older than 65, and that number isn't going down anytime soon. That means a shrinking percentage of the population is working. Meanwhile, a growing percentage of the population is receiving benefits, living on a fixed income, and being supported by that shrinking population of workers. No amount of loose monetary or fiscal policy will bring more working-age people into the economy...
  • Japan Is Dying And We Still Don’t Get It?!

    11/18/2014 10:41:06 AM PST · by blam · 25 replies
    Market Oracle ^ | 11-18-2014 | Raul I Meijer
    November 18, 2014 Raul I Meijer What is it with us? Don’t we WANT to understand? Japan announced on Monday that its economy is in hopeless trouble and back in recession (as if it was ever out). And what do we see? ‘Experts’ and reporters clamoring for more stimulus. But if Japan has shown us anything over the past years, and you’re free to pick any number between 2 and 20 years, it’s that the QE-based kind of stimulus doesn’t work. Not for the real economy, that is. The land of the setting sun has during that time thrown so...
  • World economy warning light on red

    11/18/2014 4:09:53 AM PST · by John W · 10 replies
    Associated Press via Fort Wayne Journal Gazette ^ | November 18, 2014 | Danica Kirka
    LONDON – The global economy's problems seem to be multiplying. Hours after the leaders of the world's 20 most developed economies sought to boost confidence by promising to increase global output by $2 trillion over five years, Japan said it had fallen into recession. That leaves the country – the world's third-largest economy – on a long and growing list of troubled economies. China is slowing as well, and Europe can't seem to take off. Among major economies, only the United States and Britain are growing at decent rates, and how long that lasts depends on how much trouble their...
  • Japan's slip into surprise recession paves way for tax delay, snap poll

    11/17/2014 1:28:46 PM PST · by SeekAndFind · 6 replies
    Reuters ^ | 11/17/2014 | LEIKA KIHARA AND LINDA SIEG
    Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Prime Minister Shinzo Abe to delay an unpopular sales tax hike and call a snap election two years before he has to go to the polls. The recession comes nearly two years after Abe returned to power promising to revive the economy with his "Abenomics" mix of massive monetary stimulus, spending and reforms, and is unwelcome news for an already shaky global economy. Gross domestic product (GDP) shrank by an annualised 1.6 percent in July-September, after plunging 7.3 percent in the second quarter following a rise...
  • Scientists: Glass dish unearthed in Nara came from Roman Empire

    11/15/2014 4:26:09 PM PST · by SunkenCiv · 34 replies
    The Asahi Shimbun ^ | November 13, 2014 | Kazuto Tsukamoto
    -A glass dish unearthed from a burial mound here is the first of its kind confirmed to have come to Japan from the Roman Empire, a research team said... The dish and bowl were retrieved together from the No. 126 tumulus of the Niizawa Senzuka cluster of ancient graves, a national historic site. The No. 126 tumulus dates back to the late fifth century... According to the team’s analysis, the chemical composition of the clear dark blue dish is almost identical to glasswork unearthed in the area of the Roman Empire (27 B.C.-A.D. 395). Measuring 14.1 to 14.5 centimeters in...
  • Pacific Fleet intelligence officer removed following investigation

    11/13/2014 2:33:36 PM PST · by robowombat · 18 replies
    Stars and Stripes ^ | November 12, 2014 | Erik Slavin
    Pacific Fleet intelligence officer removed following investigation By Erik Slavin Stars and Stripes Published: November 12, 2014 What happens when a Navy officer gets real on China? YOKOSUKA NAVAL BASE, Japan – A senior Pacific Fleet official known for his blunt assessment of China has been reassigned following an investigation into mishandling of classified information. Capt. James Fanell, formerly the Hawaii-based command’s top intelligence officer, is now working as an aide at fleet headquarters, Navy spokesman Capt. Darryn James said Thursday. James declined to provide specifics on Fanell’s removal, citing privacy concerns. However, a defense official who requested anonymity because...