Credit rating of Italy is cut following on from Greece, Spain and other EU countries Pierre Leblanc and Joachim de Villiers Modern Tokyo Times Throughout the European Union and the eurozone it is all too common for bad news because it appears to be endemic. Therefore, the announcement that Moody’s has cut the credit rating [...]
Famous financial institutions in Europe, US, and Canada hit by being downgraded Pierre Leblanc and James Jomo Modern Tokyo Times Moody’s credit rating agency hit the headlines after downgrading major banks and financial institutions. These major players were downgraded because of various internal factors but once more it highlights the weakness of the global financial [...]
Japan and Fukushima: it appears likely that Oi Nuclear Plant will restart in Fukui Prefecture Pierre Leblanc and James Jomo Modern Tokyo Times It would appear that Japan will restart the Oi nuclear plant early next week or within a relatively short timeframe. The Oi nuclear plant is situated in the Fukui Prefecture and clearly [...]
EU financial crisis: Japan gives the IMF $60 billion and America gives not a dime Pierre Leblanc and Lee Jay Walker Modern Tokyo Times The government of Japan is extremely worried about the financial crisis which continues to beset the European Union (EU). This factor meant that Japan promises to support the International Monetary Fund (IMF) to [...]
Sudan and South Sudan on the verge of more bloodshed Joachim de Villiers, Pierre Leblanc and Lee Jay Walker Modern Tokyo Times Omar al-Bashir, the President of Sudan, commented that he wanted to “liberate” the new entity of South Sudan from its own leaders. This was stated after forces from South Sudan entered and seized [...]
Japan and the Russian Federation need to overcome the territorial dispute Pierre Leblanc and Lee Jay Walker Modern Tokyo Times The Russian Federation and Japan need to move on and develop stronger economic, political, military, and cultural ties. Also, both nations need to implement reforms in the field of energy whereby the Russian Federation and [...]
Panasonic, Sony and Sharp hit by huge losses Pierre Leblanc and Lee Jay Walker Modern Tokyo Times Panasonic, Sony, and Sharp, are bracing up to a very difficult year after heavy losses have been forecasted based on recent figures. The figures involved are indeed huge because Panasonic has forecast a loss of 780 billion yen [...]
Osaka power base to rise under Toru Hashimoto: anti-Osaka comments? Pierre Leblanc and Lee Jay Walker Modern Tokyo Times In an interesting but baffling article by Kevin Rafferty which was published in The Japan Times called “Political Earthquake in Osaka,” the focus was on the need to worry about Tokyo. Rather strange because the [...]
Japan seeks greater transparency about the banking issue in Europe Pierre Leblanc and Lee Jay Walker Modern Tokyo Times The government of Japan continues to be more outspoken under Prime Minister Yoshihiko Noda when it comes to international relations, geopolitics, and economic issues. Therefore, the Finance Minister Jun Azumi once more urged leaders in Europe [...]
Japan: manufacturers optimistic internally but fear external issues Pierre Leblanc and Lee Jay Walker Modern Tokyo Times If you want to study about the uniqueness of Japanese capitalism and how companies respond to enormous adverse conditions, then the Tankan survey by the Bank of Japan will make you fully aware. After all, the devastation caused [...]
