Author: Dr. Phyllis Yoshida
Categories: Energy and Technology
On January 8, Jiji Press reported that “a tanker carrying 70,000 tons of shale-based LNG arrived at a thermal power plant in Joetsu, Niigata Prefecture, run by Chubu Electric Power Co. The gas was loaded in Louisiana on Dec. 7 and transported to Japan via the Panama.” This shipment is a major event in U.S.-Japan relations; it is the first U.S. shale gas to reach Japan.
Author: Tsuchiya Hideo
Categories: In-Depth with Nippon.com
What was once called Japan’s lost decade has now persisted for much longer than 10 years. Despite hopes that the policies of Abenomics would generate a virtuous circle of recovery, turmoil overtook the world economy before they could do so. The yen appreciated, stock prices fell, and it does not seem likely that the negative interest rate of the Bank of Japan will resuscitate the economy.
Tags: Abenomics, Bank of Japan, black monday, BOJ, currency, deflation, dollar, domestic, Economy, exchange, exchange rate, exports, fiscal policy, industry, inflation, interest rates, Japan, lending, moetary policy, money, nippon.com, public works spending, Shinzo Abe, stock, stock prices, strong yen, yen