Wednesday, March 13, 2013

It's all about water.

Methane Hydrate, a chemical compound sometimes found in ice, has long been sought-after by many nations as a source of energy. On the 12th, Japan became the first nation to successfully find a viable way of doing so. Japan is especially rich with deposits, with some estimates claiming over 1.1 trillion cubic meters of methane hydrate in offshore deposits. "Government officials have said that they aim to establish methane hydrate production technologies for practical use within five years," says BBC.

These sorts of innovations are a bright mark for the future of Japan, in spite of its recent difficulties. On the 11th Japan mourned the second anniversary of the 3/11 quake and tsunami, and the subsequent Fukushima nuclear disaster, with more than 18,000 dead or still missing. Japan has deactivated nearly all of its nuclear reactors since then, and has not turned them back on (although one might remember from recent news that Abe plans to reactivate them to help bolster the economy).

Japanese Emperor Akihito made a public appearance, and spoke, in honor of those affected deeply by the disaster. Really, all of Japan rallied publicly in a show of nationalism after the disaster—that sentiment lasts today. Some groups, such as the Fukushima First Baptist Church, held private ceremonies in public areas, as their buildings still cannot be accessed. Such churches held services to honor the dead.

Sources

Thursday, March 7, 2013

Gay Marriage also a part of Abe's plan?

Japanese Prime Minister Shinzo Abe immediately came to be known for his aggressive policies and willingness to do 'whatever it takes' to revive Japan's stagnating economy. This includes the forced resignation of the previous governor of the Central Bank of Tokyo, so that Abe could appoint a new leader.

The new governor, a right-wing financial hawk, has also vowed to do whatever it takes to save Japan. He plans on first reversing deflation (so far, so good) and will move to lobbying for new policies to encourage foreign investment, in order to strengthen the Japanese economy.

In unrelated news (or is it a maneuver to make the liberals in Japan happy, in spite of Abe being in charge?) the first gay couple ever had a marriage ceremony in the Tokyo Disney Resort. The couple—a famous gay rights activist and actor, and her undisclosed partner—had a Christian-style wedding in the resort, followed by a romantic gondola ride. One Japanese gay porn star said on twitter: “Your wonderful wedding will bring inspiration and hope to many people who still hesitate to take the first step. I was also encouraged that Tokyo Disney Resort was so understanding.” This marks the first 'high-end' wedding package for a gay couple at Tokyo Disney Resort.

Sources

Thursday, February 28, 2013

Schools, Nuclear Plants, all in the name of Money.

Japanese Prime Minister Shinzo Abe nominated Haruhiko Kuroda to be the next governor of the nation's central bank on the 27th—Kuroda is an aggressive conservative much like Abe and plans on taking swift action to help revive Japan's weakening economy.

Along with economic programs Japanese officials also plan to reopen previously-closed nuclear power plants. Tensions around the subject of nuclear power rose after the 3/11 earthquake and tsunami and the subsequent Fukushima nuclear disaster.

Another part of these aggressive policies involves the opening of several new schools, which officials hope will attract foreign students. Japanese citizens question why the country continues to build new schools when the youth populous shrinks in size.

Sources

Thursday, February 21, 2013

Diplomacy, Yen and Murder.

Prime Minister Abe plans to speak with President Obama about the future of their security alliance as tensions rise in East Asia, and North Korea continues making threatening gestures to the rest of the region. Abe believes that US support is 'critical' in Japan's dispute with China.

In a country which is not known for capital punishment, the first three executions since September of 2012 took place on the 21st of February. Justice Minister Tanigaki. All three were convicted of murder—one of a girl, another of one man (he also injured several others), and the last of a bar owner for money. Other nations worry due to Japan's 99% conviction rate, largely based on confession.

The South Korean won, which used to be weaker than the yen, is now stronger as Abe's new policies to intentionally weaken the yen take hold and foreign investment picks up. Japanese officials predict this trend will continue as the yen approaches $0.01 in value. In-tandem with these new policies, Abe is playing it safe with diplomatic relations, doing nothing to provoke other nearby nations and lobbying allies for support.

In other news, a famous American resident of Japan, scholar Donald Richie, died in Tokyo on the 19th at 88 years old. "He spent most of the next 66 years in Tokyo, gaining a following among Western readers for textured descriptions of Japan and its people that transcended Western stereotypes," says NYT reporter Martin Fackler.

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Thursday, February 14, 2013

Pollution, Fax Machines and their Economic Origins.

The government reported the third straight quarter of economical contraction, this time shrinking by 0.4%. This is due to previous shrinking of the yen—intended to encourage foreign investment—fell through as the yen quickly re-strengthened.

Now, Prime Minister Abe works to pass legislation to weaken the yen yet again, this time planning on bringing it up to converge on one dollar. Is has also lobbied national banks to aim for 2% inflation in contrast to current financial deflation. It is worth noting also that the current bank governor has resigned and Abe will appoint the new governor himself.

However, consumer confidence has risen now that Abe has taken office, and the Japanese people are confident in his policy-making skills.

Interestingly, fax machines are still a huge part of Japanese business, in spite of its being a boon for technological innovation. The general sentiment is that one ought not fix what isn't broken, and with that as many as 1.7 million households bought fax machines last year, and nearly 100% of Japanese businesses employ them for day-to-day communication.

This is perhaps a legacy of Japan's previous economic bubble, where it saw as much as 10% growth in the 1960s. Back then, Japan was known for dangerous levels of pollution much like Beijing has recently been criticized for—but today, Japanese cities are considered some of the least polluted and dirty.



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Thursday, February 7, 2013

Radars And More Tension, Local & International

On 30 January, a Chinese ship is said to have locked its missile-targeting radar onto a Japanese frigate in the Senkaku Island area, to which both nations claim ownership. China denies these allegations, but Japanese officials are considering disclosing radar data which may provide evidence to the contrary. This 30 January incident is the closest the two nations have come to actually exchanging fire, and both BBC and NYT have covered it extensively (7 of the 11 articles below cover the story).

A Russian plane entered Japanese airspace, in response to which Japanese air forces scrambled fighter jets. This incident caused Russian-Japanese territorial tensions to flare up once again, which have been quiet lately —perhaps due to the disputes between China and Japan. Of course, Russia denies these allegations. In response to this, Japanese officials have demanded Moscow investigate, after submitting a "severe protest" to the Russian Embassy in Tokyo.

It is worth noting that this incident happened to take place on the same day that Japanese citizens rally to claim ownership of the island chain (North of Hokkaido), which Russia has officially controlled for about thirty years.

The Governor of the Bank Of Japan (BOJ) has offered to step down before his term ends, in response to harsh pressure from the government. Prime Minister Abe is expected to replace him. This is, again, part of an effort of the Japanese government to revive the nation's suffocating economy.

Prime Minister Abe plans to meet President Obama later this month. At the same time, Abe has stalled a bill to relocate an American air base to Okinawa. This bill is already seventeen years old—passing the bill would be a good gesture to the US, but would sharpen Okinawan resistance and appear 'unprogressive' to Japanese citizens.

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Tuesday, January 29, 2013

Land Disputes With China, Plus Local Economic Panic


Japan continues to pass aggressive measures in order to strengthen their economy as tension between Japan and China escalates. Same economic news as last week.

The most salient article was about a hostage siege in Algeria, in which nine Japanese citizens have been killed. Almost 70 people total are thought to have been killed in the crisis, after gunmen attacked and took over a gas factory. Algerian forces launched a counter attack, which lead to more deaths. Japan criticized Algerian officials for making that decision without first consulting the other nations whose citizens were captured.


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Thursday, January 24, 2013

Politics And Bailouts

Japan's new prime minister didn't waste any time. After helping pass a huge stimulus package to reinvigorate the Japanese economy (creating 600,000 jobs?) he deployed off to Vietnam, Indonesia and Thailand in what his office calls "strategic diplomacy." Vietnam is also engaged with China in a territory dispute, so that is Abe's first stop.

It seems that Japan is trying to rally other nations against China, which some Japanese view as the cause of Japan's weakening economy. As the yen converges at a 100:1 exchange rate for the US dollar, there's no doubt the country is struggling.

Or is that a sign? In fact, Abe is intentionally weakening the yen in order to encourage exportation business.

Critics say these strategies won't compensate for the fact that Japan's coffers are "empty."

Sources:

Monday, January 14, 2013

Volcanoes, Academy Awards, Politics and Economics

Japan seems to be going through a tense time, with a slew of international-relations issues relating to China and South Korea, and a marked comparison to the social progressiveness of S. Korea in comparison to Japan. For a largely demilitarized country, it's interesting that Japan chooses to boost their military budget.

The Fukushima nuclear disaster still a hot issue, but generally in the focus of Japan's nationalistic ability to rally and work together.

New Prime Minister Shinzo Abe, a member of the Liberal Democratic Party (LDP), has been criticized for singing the national anthem, some saying it's a symbol of Japan's past militarism and imperialism. Abe was Prime Minister for less than a year in 2006, before he resigned. Now he has won the most recent election and has just started his term. Actually, "Take Back Japan" (「日本を取り戻す」) was the LDP slogan for the most recent election. Abe sang Japan's de facto pre WWII national anthem, which has been replaced by a newer anthem for a long time. That newer anthem, however, was only given legal status in 1999, so some people still stick to the old one.

Interestingly, many Japanese scholars believe Mt. Fuju is going to erupt very soon. According to the article, Fuji-san's magma chamber has an internal pressure of 1.6 megapascals, higher than when it last erupted. Experts also believe the recent earthquake and tsunami (and repeated subsequent earthquakes since) are a big indicator of this as well.

Finally, costume designer Eiko Ishioka, who has died, was nominated by the American Movie Academy for an Oscar. Good for her.

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