Tag - debt

 
 

DEBT

BUSINESS / Economy / ANALYSIS
Jan 14, 2015
Budget was no easy feat amid ¥1.5 trillion tax revenue shortfall
The Abe administration faced a daunting task to make up for a revenue shortfall from a delay in the consumption tax hike, and amid a snowballing social security bill, analysts say.
Japan Times
WORLD
Nov 30, 2014
Gambling debt cripples Macau ‘junket’ model
Companies that connect China’s wealthy gamblers to Macau’s casinos are waiting as long as a year for gamblers to repay billions of dollars of loans, crippling the business model of an industry that sustains the world’s biggest casino center.
COMMENTARY / World
Aug 1, 2014
A little self-control can add up to big savings
An American economics columnist reports that having to spend cash out of an envelope rather than just pulling out the debit card has made her much more frugal.
Japan Times
BUSINESS / Companies
Aug 1, 2014
Skymark fears doom over Airbus A380 cancellation penalty
Skymark Airlines Inc., Japan’s third-largest carrier, said it’s at risk of going out of business should it have to pay Airbus Group NV a penalty after the planned purchase of six A380 superjumbos fell through.
Japan Times
BUSINESS
Jun 9, 2014
Detroit rolls dice on casino-led comeback
Detroit’s reliance on casino cash to help fund a recovery from the city’s historic bankruptcy is a high-risk bet on an increasingly shaky source of income.
JAPAN
Apr 5, 2014
Host clubs: a hotbed of human trafficking
The Japanese host. You can see them on the streets of Tokyo’s Kabukicho: the dapper thin men with colored, blown-dry hair, fake suntans, snazzy suits and charming smiles, chatting up passing females and trying to get them to come and have drinks. They’ve been the subject of documentaries, television...
BUSINESS / Economy / JAPANESE PERSPECTIVES
Mar 1, 2014
Economic figures reveal more than you see
The Cabinet Office’s Economic and Social Research Institute on Jan. 17 released the finalized figures on the country’s economy’s stocks (the net value of accumulated assets at a balance date) and flows (net transactions, including income and expenditure, during an accounting period) that were recorded...
Japan Times
LIFE / Travel
Feb 8, 2014
Railroading debt into Laos
The first time I decided to fly to Vientiane, I was faced with a tossup between a Lao Airlines twin-prop or Aeroflot Soviet Airlines.
Japan Times
WORLD / Politics
Dec 19, 2013
Senate passes deal to avoid new shutdown
Congress declared a holiday truce in the budget wars Wednesday, sending President Barack Obama a blueprint for funding the government through 2015. But the next skirmish was already on the horizon: an election-year fight over the national debt.
Japan Times
BUSINESS / Companies
Dec 17, 2013
Tepco bonds a safe bet now: Nomura
Nomura Holdings Inc. is urging investors buy Tokyo Electric Power Co. bonds after a report that the government plans to cap the utility’s cleanup costs at the wrecked Fukushima No. 1 nuclear power plant.
Japan Times
WORLD
Dec 4, 2013
Judge says Detroit can file for bankruptcy
A federal bankruptcy judge granted Detroit unprecedented powers Tuesday to shed billions of dollars in debt, including the ability to slash city employee pensions despite a state constitutional provision protecting them.
WORLD / Politics
Oct 21, 2013
How much did the shutdown cost? Billions
Shutdowns aren’t cheap. This year’s closure, which ended Thursday, has probably cost the government and the economy billions of dollars, according to economists and policy analysts.
Japan Times
WORLD / Politics / ANALYSIS
Oct 20, 2013
House GOP has little to show while forcing one crisis after another
There was so much more they wanted to do.
Japan Times
BUSINESS / FOCUS
Oct 19, 2013
Feds return to work dreading unread email trove
There were a few times in recent weeks when Sophia Casey found herself mindlessly walking toward her laptop, ready to scan for new work messages as she’s always done at nights and on weekends. Then she would see the computer — powered down, closed and unplugged — and remember: furlough.
WORLD / Politics / ANALYSIS
Oct 17, 2013
U.S. debt deal sets up new risks to growth
The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling would avert a financial catastrophe but leave the weakened U.S. economy facing new threats.
Japan Times
WORLD / Politics
Oct 16, 2013
Boehner’s control of his caucus slipping
Republican House Speaker John Boehner started Tuesday with a last-ditch attempt to exert control over his restive caucus, proposing a new plan to open the government and raise the U.S. debt ceiling in an effort to give Republicans a bit of leverage.
Japan Times
WORLD / Politics / FOCUS
Oct 15, 2013
Some fear McConnell-Reid bitter rift could endanger U.S. fiscal deal
When Washington is in crisis and every other option has fallen to pieces — whether on rescuing Wall Street, rewriting national security rules or agreeing on a budget — Senate Majority Leader Harry Reid, a Democrat, and Minority Leader Mitch McConnell, a Republican, are usually the ones who put it...
Japan Times
WORLD / Politics
Oct 15, 2013
Self-cast Senate moderates seek deal from the middle, for the middle
In the past few days, a bipartisan group of 12 U.S. senators has come together to push both parties toward a compromise, hoping to reopen the federal government and raise the national debt ceiling all at once.
Japan Times
WORLD / Politics / ANALYSIS
Oct 15, 2013
Debt-ceiling breach to push U.S. economy into free fall, without safety net
The Obama administration will have to decide whether to delay — or possibly suspend — tens of billions of dollars in Social Security checks, food stamps and unemployment benefits if negotiations to raise the federal debt ceiling are not resolved this week.
Japan Times
WORLD / Politics
Oct 15, 2013
Senate leaders nearer deal on raising federal debt limit after flurry of talks
In a long-awaited breakthrough, Senate leaders close in on a deal to raise the federal debt ceiling and end a two-week-old government shutdown as Washington scrambled to avoid the nation’s first default on its debt.

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
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