economy
Monday Morning Reading for 01/16

Monday Morning Reading for 01/16

Start your week with JSW's Monday Morning Reading, with some of the more in-depth articles we came across to keep you going throughout your working week.

Read more...
Asia Security Watch: US Officials Press South Korea to Reduce Iranian Petrochem/Crude Imports

Asia Security Watch: US Officials Press South Korea to Reduce Iranian Petrochem/Crude Imports

US officials attempt to sway South Korea's stance on trade with Iran.

Read more...
Asahi Shimbun: Matsushima Fighter Loss is "Failure to Act"

Asahi Shimbun: Matsushima Fighter Loss is "Failure to Act"

The Asahi Shimbun‘s daily column Vox Populi took on the issue of the F-2 fighters destroyed at Matsushima by the 3/11 tsunami. Eighteen F-2  fighters were inundated by water and slammed into buildings and floating debris. In all, twelve of the F-2s have been judged beyond repair and will be scrapped. The complete article is...

Read more...
Japan's Defense Spending Just Over 1% of GDP

Japan's Defense Spending Just Over 1% of GDP

Reuters reports Japan's defense spending is set to increase by a modest .06 percent in the fiscal year 2012 defense budget.

Read more...

Pew Research Poll: Most Japanese Happy With SDF Response to the Earthquake

95% of the respondents said that the SDF's response to the disaster was good - ranking it significantly higher than the media, government, Prime Minister and the Tokyo Electric Power Company.

Read more...
Keeping calm when others can't

Keeping calm when others can’t

Five days on from the Great Tohoku Earthquake, the aftershocks in Tokyo keep coming, both seismic and mental. Last night, Shizuoka prefecture (to Tokyo’s west) shook under the power of a M6.4 quake, and earlier today Chiba and Ibaraki (both affected by the March 11th earthquake) were rattled by a M6.0 aftershock. All the while...

Read more...
STRATFOR: Japan, the Persian Gulf and Energy [Extract]

STRATFOR: Japan, the Persian Gulf and Energy [Extract]

[This is an extract of a special report by STRATFOR, republished in part with their kind permission] Japan’s Nuclear Safety Net Japan is still struggling with the consequences of its economic meltdown in the early 1990s. Rapid growth with low rates of return on capital created a massive financial crisis. Rather than allow a recession...

Read more...
Guest Post: In the Wake of Disaster We Pause to Reflect

Guest Post: In the Wake of Disaster We Pause to Reflect

[The following guest post comes from Sam Porter, undergraduate at George Washington University writing for Cornell's Diplomacist blog, and currently on exchange at Kyoto University]   The First Tremors It has now been four days since the “Great Sendai Earthquake” struck Japan on March 11th. Relayed in real time over streaming video on countless Japanese...

Read more...
Four days in...

Four days in…

Four days ago, Japan was hit by a disastrous earthquake. Residents in the Kanto and Tohoku regions are now in the middle of two very different crises. Up north in Tohoku, the area most affected by the earthquake, tsunami and aftershocks, people are in mortal danger. Around me, in Kanto – particularly the Greater Tokyo...

Read more...

When your #1 trading partner is your #1 security problem

Interesting article from Reuters about the curious dilemma Japan finds itself in with China. China is Japan’s #1 trading partner, and Japan increasingly finds itself dependent on the Chinese market for economic growth. On the other hand, China is also becoming Japan’s #1 potential adversary. Japan’s exports to China topped those to the United States...

Read more...

China unhappy about Japanese media reports on mil spending

According to reports in the Japanese press, Chinese defense spending is 1.5 times higher than the official reported amount. The actual budget, reports claim, is $116.4 billion a year, or about one-sixth of the U.S. defense budget. “China’s defense budget and spending is highly restricted and controlled, and there are no ‘so called’ hidden military...

Read more...

Japan: Still #2!

According to The Wall Street Journal‘s excellent new blog Japan in Real Time, Japan is still the second largest economy in the world. In its latest regular revision (in Chinese here) of its estimates of gross domestic product, China’s National Bureau of Statistics on Friday upped its estimate of 2009 output to 34.051 trillion yuan from...

Read more...