Japanese Prime Minister Fumio Kishida promised to tackle wealth inequality and help struggling workers. But a year after he came to power, financial traders are once again the winners.
Tag: abenomics
Having experienced its economic collapse a generation earlier than the 2008 crisis, Japan has become a laboratory for making the most out of meek growth.
-OpEd- TOKYO — On Dec. 2, Japan’s lawmakers voted for a bill that permits casinos. The aim of the legislation was to boost tourism and revitalize the economy. Gambling has been strictly prohibited in Japan ever since Empress Jito in the Seventh Century banned playing games for money. Japanese envoys learned gambling from China. They […]
PARIS TERROR ATTACKERS NAMED As Paris continues to mourn its dead, five of the seven dead ISIS terrorists responsible for Friday night’s attacks have been identified, Twitter”>Le Figaro reports. Four of them were French citizens: Omar Ismaïl Mostefaï, 29, who blew himself up at the Bataclan concert venue, where close to 90 people were killed; […]
One writer outlines what German Chancellor Angela Merkel is doing right; and sees potential deep flaws in the economic policies of Japan’s Shinzo Abe.
In Japanese schools, parents come and talk about the upside of starting a family. The number of places in day care centers is being expanded; on the walls, posters show male celebrities touting the advantages of being a dad. In view of demographic change, the Asian archipelago nation is trying all it can to get […]
TOKYO – A few months ago, Shin Sugimoto, Human Resources director at Bristol-Myers Squibb in Tokyo, revolutionized the traditional methods of recruitment in Japan. Instead of automatically promoting the most experienced man, as it is traditionally done – who had patiently been waiting for his turn for years – Sugimoto proposed to choose the next […]
New Japanese Prime Minister Shinzo Abe has big economic ambitions for his country — and it may require a slap to its largest regional trading partner.