IFF Report: Global Debt hits staggering new record of over $272 trillion in Q3 2020
The Institute of International Finance (IFF) has issued a quarterly report showing that global debt has surged by over $15 trillion since 2019, reaching a massive new record of over $272 trillion in Q3 2020. The IFF also reports that, while there has b…
Japan, Britain sign free trade deal for post-Brexit era
Japan and Britain signed a bilateral free trade deal Friday in the the first such major post-Brexit deal, reducing tariffs on Yorkshire lamb sold in Japan, as well as auto parts for Japan’s Nissan plant.
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Plan to release Fukushima water into Pacific provokes furious reaction
Environmental groups have reacted furiously to reports that the Japanese government is set to approve plans to dump more than 1 million tons of highly radioactive water stored at the Fukushima nuclear plant into the Pacific Ocean, with their concerns s…
China’s Army is increasing military coercion and provocations in Asia
A National Defense University expert on China told a congressional hearing Wednesday that the Chinese People’s Liberation Army is increasing its level of military coercion in Asia as part of a strategy to extend China’s power and influence across the r…
Japan’s economy suffers sharpest contraction since 2008 financial crisis
Japan’s economy has suffered its strongest contraction, shrinking an annualized 27.8% in April-June amid the COVID-19 pandemic, Reuters reported Monday. This was steeper than the worse decline suffered in the 2008 financial crisis.
The post Japan’s ec…
Japan Recalls 75th Anniversary Of World’s First Nuclear Bombing
Japan on Thursday marked the 75th anniversary since the world’s first atomic bomb attack, but the coronavirus pandemic meant events were curtailed.
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