The multi-talented Janne Morén demonstrates his skills in photography via a pair of stunning images of his wife's Valentine's day gift.
Damn does he ever do good work.
A guide to Japan’s general election
5 weeks ago
Marginalia on Japanese politics and society
Japan's Exports Plummet Record 45.7%, Signaling More Job Cuts
Bloomberg
By Jason Clenfield - Feb. 25 - Japan's exports plunged by a record in January, as recessions in the U.S. and Europe smothered demand for the country’s cars and electronics.
Exports plummeted 45.7 percent from a year earlier, the sharpest decline since 1980, the earliest year for which there is comparable data, the Finance Ministry said today in Tokyo. The January drop eclipsed a record 35 percent decline set the previous month. Economists predicted a 45.9 percent contraction...
"The responsibilities of Yosano Kaoru -- who is simultaneously Minister of Finance, Financial Services and Economy & Fiscal Policies -- these must be unraveled. At that time we can have a mini-Cabinet reshuffle. One option is to make the scale of the mini-Cabinet reshuffle really bold.*"First, a "mini Cabinet reshuffle" that is "really bold"? What kind of oxymoronic nonsense is that?
What could possibly go wrong?
----------------------------------------------
Image courtesy: The Asahi Shimbun
morning edition, February 24, 2009
Saito's and Shiotani's replies highlight a hypocritical thread in Koizumi's attack on the PM. Just last week Koizumi criticized Prime Minister Asō Tarō for playing the postal privatization bill both ways, declaring that he had voted for the bill while having been personally opposed to it. Here, Saitō and Shiotani catch Koizumi set to reverse himself: voting for a bill, then declaring his inability to vote for exactly the same bill a few weeks later.Minister of Health, Welfare and Labor Masuzoe Yōichi (LDP - potential PM candidate):
LDP poster in Tokyo's Nakano Ward
February 2009
"Your reference to Macbeth surely deserves the full treatment given the state of the PMs popularity, and the uselesness of this planned meeting:On very sombre note, I hope that Nakagawa Shōichi is under 24 hour watch. His reputation and future hopes have been utterly ruined--and his family history is none to reassuring as regards the acceptance of setbacks.'Out, out, brief candle! Life's but a walking shadow, a poor player that struts and frets his hour upon the stage and then is heard no more: it is a tale told by an idiot, full of sound and fury, signifying nothing.' Macbeth (Act V, Scene V)."
White House to Host Japanese PM Aso Next WeekPresident Susilo Bambang Yudhoyono's visit to the White House would signal "a nod to to the growing importance of the region to America's economy and security." A visit by President Lee Myung-bak of South Korea or Prime Minister Wen Jiabao would be" a nod to the growing importance...et cetera."
Fox News
Japanese Prime Minister Taro Aso is set to be the first foreign leader to visit the Obama White House next Tuesday.
The sit-down underscores the new administration's outreach to Asia.
Secretary of State Hillary Clinton, rather than heading to Europe or the Middle East, is currently on her first official trip abroad -- to Japan, South Korea, Indonesia and China.
The visits are a nod to the growing importance of the region to America's economy and security...
My only fear for the overall economy is that Fukuda, Nukaga and Tanigaki will pay far too much attention to the eternal paranoiac tales of Finance Ministry bureaucrats about budget deficits...and insufficient attention to the unraveling of the U.S. housing market, a slow train wreck that will mercilessly stomp upon the revenues and profits of the export sector.Of course, if you had asked me "Would the U.S. Treasury let Lehman Brothers go bankrupt?" I would have laughed.
"...very few folks at all showed up - just 18 members of the Diet were at the meeting, a testament to the collapse within the LDP of confidence in the Koizumi economic and structural reforms."Amaterasu am I stupid.
Asleep at the Wheel: Japanese FM Nods Off During G7 Talks
ABC News Blogs
ABC News' Matt Jaffe reports: Finance chiefs from around the world gathered this weekend in Rome to figure out how to solve the worsening global economic crisis, but simply staying awake proved too tough a task.
It appears that Japanese Finance Minister Shoichi Nakagawa fell asleep at today's meeting of the Group of Seven's finance leaders.
See for yourself (source: APTN / AP):
Granted, the jet lag from a 15-hour flight isn't easy to overcome, but when your nation's economy is predicted to contract by 2.5% this year, per the IMF, and its biggest automakers like Toyota and Nissan are slashing jobs by the tens of thousands, that should be enough to keep you awake.
If not, there's always that time-honored Italian stimulus: espresso.
Japan’s GDP Shrinks 12.7%, Most Since 1974 Oil ShockIt was surmised that the collapse of the system of national-scale vendor financing, perversely labeled the "Bretton Woods 2" system, would adversely affect the governments of East Asia, the collapse in the value of the dollar socking them with huge losses on their Himalaya-sized currency reserves.
Bloomberg
Feb. 16 -- Japan's economy shrank at an annual 12.7 percent pace last quarter, the most since the 1974 oil shock, amid an unprecedented collapse in exports and production.
Gross domestic product fell for a third straight quarter in the three months ended Dec. 31, the Cabinet Office said today in Tokyo. The median estimate of 26 economists surveyed by Bloomberg News was for an 11.6 percent contraction.
Exports plunged a record 13.9 percent from the third quarter as global demand for Corolla cars and Bravia televisions evaporated. Toyota Motor Corp., Sony Corp. and Hitachi Ltd. -- all of which are forecasting losses -- are firing thousands of workers, heightening the risk a slump in household spending will prolong the recession...
Bush had met at the White House with the mother of Megumi Yokota, a 13-year-old who vanished more than three decades ago. But the pleas of Japanese officials that the president not remove North Korea from the list were brushed aside in a bid to secure a final diplomatic victory. Indeed, because of the sensitivity of the issue in the North Korea talks, sources said there was resistance in the State Department to Clinton's interest in holding the meeting.Very good, Secretary Clinton. Very good. May your gambit drain the political juice out of the meeting!
After her speech, Clinton told reporters she wanted to meet with the families "on a very personal and, you know, human basis. I don't know that I'll be meeting as a secretary of state any more than I will be meeting with them as a wife, a mother, a daughter, a sister." Clinton said she attaches "great importance to the abduction issue," and "it's important that their plight not be forgotten."
Link
"Minister Nakasone and I also talked about the issue of those abducted by the DPRK, whose families I had a chance to meet yesterday. I told Minister Nakasone that the United States will never forget the families and will do its utmost to seen a resolution the abductees issue. I told him that as a mother of a child more precious to me than life itself, I would never forget the terrible crimes dones against these blameless individuals. I then urged Minister Nakasone to reinforce Japan's position on the abductee issue vis-a-vis world opinion by signing The Hague Convention on the Civil Aspects of Child Abduction, thereby bringing Japan's practices and laws in line with the 81 other other signatories to the Convention, and immesurably strengthening Japan's hand in its negotiations with the DPRK."
You're right, she should definitely stay away from the guy that probably knows more than anyone about Japan politically, and has the network and experience there.No, I do not think I would be appropriate. I talk way too much and always way out of line. Mr. Harris, who is both sweetness and sincerity personified, would probably have looked at the guest list, then humbly demurred.
I imagine you'd prefer she call you, or Tobias Harris, or some other person that's great at trashing the LDP (talk about fish in a barrel) but never offers a real solution but can act as cheerleader for the DPJ.
Clinton Packs Full Asia Agenda for First Trip as Secretary of StateThe gentleman who said unkind things about the Democratic Party (both the U.S. and Japan versions) every time the Yomiuri Shimbun or NHK called, fishing for a quote? The gentleman who served in the confines of the Bush White House for five years, without complaint? The gentleman who, knowing well the stakes, could go ahead and publish a brief in November 2007 entitled, "The Abductee Issue is a Test of America's Strategic Credibility," winning brownie points with the Japanese right for a brief that, when one reads it, makes a rather different set of points?
The Washington Post
(...)
As preparation for her trip, Clinton last night had dinner with about a dozen experts on East Asia, seeking ideas and proposals. The dinner was organized by State's new head of policy planning, Anne-Marie Slaughter, and the guests included Michael J. Green, a former top adviser to President George W. Bush on Asia, economist Nicholas Lardy of the Peterson Institute for International Economics and Wendy Sherman, an Asia expert who headed Obama's State Department transition team.
"You are a thief of the people's taxes."Sure, the Democratic Party of Japan's Maehara Seiji got a stiff reprimand from committee chairman Ōta Seishirō for leveling these accusations at Prime Minister Asō Tarō in Diet committee session on Wednesday.
"You a habitual perpetrator of 'I will do it!' 'I will do it! fraud." *
"You are a fraudster for the ages." **
Maehara Seiji swings with a glove marked "Fraud" as an amazed Asō Tarō ducks away from the blow. He appeals to the reader, asking, "Hey, isn't that an illegal punch?"No, Francisco, it is not. Not when members of your own party are unafraid of calling you a liar for claiming you did not say something that numerous persons heard you say earlier this week.
-------------------------------------------
* Officially, February is "Let's Eradicate Wire Transfer Fraud Month" (furikomi sagi no bokumetsu gekkan)... which makes the story even more annoying, since there was no wire transfer involved.