To get out of debt, buy more debt!
Well, it is Hallowe’en, so I’ve underlined the scary part to make sure you get the shivers. Japanese Prime Minister Noda offers vague promise. Prime Minister Yoshihiko Noda Japan on Friday offered vague promises that Japan will help Europe climb out of its debt hole, but left himself a week to decide how Japan might [...]
Prime Minister NODA’s BLOG
Mr. Noda has a blog and it’s being translated into English. I wonder how long it will last. Any bets? (Original Japanese is here.) Mouse-tip to VOA reporter Steve Herman for the link. Hello to all the Japanese people. I am Yoshihiko Noda, appointed Prime Minister recently. Taking a lesson from some of the prime [...]
2011/09/07 12:27 – OPINION: Noda Must Work To Regain Business Trust
Japanese companies, from carmakers to food processors, are scrambling to buy land for factories elsewhere in Asia. They are shifting production out of Japan to get around the yen’s extraordinary strength and power shortages at home. … Another problem is visible in the auto industry, the backbone of Japan’s industrial might. Carmakers are in a [...]
2011/09/03 02:57 – EDITORIAL: All Together Now
“All Together Now” seems to be the slogan of the day: TOKYO Nikkei–Party unity is important for what it accomplishes. We hope Prime Minister Yoshihiko Noda’s government sets clear goals and, unlike the two before it, moves in lock step against the country’s problems. via 2011/09/03 02:57 – EDITORIAL: All Together Now. Prime Minister Yoshihiko [...]
Eloquent orator seen as safe choice – FT.com
Jiro Yamaguchi, a political scientist at Hokkaido University, says Mr Noda is likely to try to avoid further friction and to instead pursue a conventional foreign policy stressing stability in ties with the US.“I don’t think that he’s a die-hard conservative or nationalist,” Prof Yamaguchi says. “I don’t think he will visit Yasukuni … he’s [...]
Anti-Ozawa votes put Noda over : National : DAILY YOMIURI ONLINE (The Daily Yomiuri)
From the Daily Yomiuri Online. (I like the “observers said” quote. I was an observer, too, and I said the same thing!) The victory of Finance Minister Yoshihiko Noda in a runoff election for the Democratic Party of Japan leadership Monday signified a refusal by a majority of party lawmakers to restore visible influence to [...]
Japan’s Finance Minister Noda to be new PM – Yahoo! News
So this was a vote against Ozawa and his preferred candidate. Great. Instead of a deep debate over how to jolt Japan out of decades of stagnation, the party vote had turned into a battle between allies and critics of Ichiro Ozawa, a 69-year-old political mastermind who heads the party’s biggest group even as he [...]
Moody’s Downgrades Japan Debt Rating To Aa3: Nikkei
Moodys downgrades Japanese bonds to Aa3, due to huge and increasing amount of public debt and large budget deficits. 米格付け会社ムーディーズ・インベスターズ・サービスは24日、日本国債の格付けを「Ａａ２」から「Ａａ３」（ダブルＡマイナスに相当）へ１段階引き下げたと発表した。同社による日本国債の格下げは約９年ぶり。今後の見通しは安定的とした。格下げの理由は「多額の財政赤字と、2009年の世界的な景気後退以降の政府債務の増加を受けたものだ」と指摘した。 via ムーディーズ、日本国債を格下げ １段階低い「Ａａ３」 ：日本経済新聞. Moody’s said it was cutting Japan’s government bond rating to Aa3 from Aa2, citing “large budget deficits and the build-up in Japanese government debt since the 2009 global recession.” It said the outlook [...]
