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2024, March  Archives

March 25, 2024   The Bank of Japan at its monetary policy meeting on March 19 decided to raise the uncollateralized overnight call rate (an interest rate on overnight interbank loans), which serves ...

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March 25, 2024   Japanese Prime Minister Fumio Kishida has repeatedly said that he will pursue constitutional amendment before his term as president of the ruling Liberal Democratic Party ends in Se...

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March 18, 2024   The Bank of Japan seems highly inclined to end its negative interest rate policy at its monetary policy meeting on March 18 and 19. As the average wage increase through spring labor...

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March 11, 2024   In this column on February 19, I wrote, “(Japanese Prime Minister Fumio) Kishida may visit North Korea soon.” My comment was in reaction to a statement by North Korea’s de facto No....

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March 11, 2024   At China’s National People’s Congress (a pseudo-parliament led by the Communist Party) that ended on March 11, the Xi Jinping government couldn’t present any effective policy to dea...

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March 11, 2024   U.S. President Joe Biden in his State of the Union address on March 7 warned that freedom and democracy are “under attack both at home and abroad at the very same time,” making a st...

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March 11, 2024   Following Russian President Vladimir Putin’s statement that he would make nuclear weapons “combat-ready” shortly after Russia’s invasion of Ukraine, BBC reported that this raised th...

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March 4, 2024   The governance of Japan’s ruling Liberal Democratic Party has been dysfunctional. In order to make a breakthrough in a dispute between ruling and opposition parties over who to at...

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March 4, 2024   The yen’s depreciation and price hikes have boosted defense equipment procurement cost, endangering Japan’s planned “fundamental reinforcement of defense capabilities.” “Given ex...

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