The Great Debate

from Breakingviews:

Sony email shareholders would like to see

December 17, 2014

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

With Pearl Harbor attack 73 years in the past, Japan to vote on its future

By Joshua W. Walker
December 8, 2014

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Pearl Harbor is a powerful reminder of the importance of Japan. The surprise attack launched 73 years ago, Sunday (or Monday by Tokyo time) by Japanese forces changed the course of history, plunging America into World War Two and, eventually, sealing Japan’s imperial fate. From the ashes of the war these bitter enemies forged an unlikely alliance that has weathered many storms. Today it is more important than ever before.

from Anatole Kaletsky:

Stock markets set to take off as Europe, Asia abandon austerity

By Anatole Kaletsky
November 28, 2014

A pedestrian walks past an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo

The Great Divergence is a term coined by economic historians to explain the sudden acceleration of growth and technology in Europe from the 16th century onward, while other civilizations such as China, India, Japan and Persia remained in their pre-modern state. This phrase has recently acquired a very different meaning, however,  more relevant to global economic and financial conditions today.

from Anatole Kaletsky:

Why political gridlock works for the U.S. economy, but not for Japan or EU

By Anatole Kaletsky
November 7, 2014

U.S. President Obama hosts a luncheon for bi-partisan Congressional leaders in the Old Family Dining Room at the White House in Washington

Is gridlocked government a betrayal of democracy? Or does it allow citizens to get on with their lives and businesses, unencumbered by meddlesome politicians?

from Compass:

To build a coalition against Islamic State, U.S. must try a little humility

By Nader Mousavizadeh
September 25, 2014

U.S. President Barack Obama chairs the U.N. Security Council summit in New York

When President Barack Obama assumed the presidency of the United Nations Security Council Wednesday, he summoned the full weight of U.S. power to a cause with seeming universal appeal: defeating the barbarism of Islamic State -- or, as Obama calls the militant group, Islamic State in Syria and the Levant (ISIL).

from Nicholas Wapshott:

Nothing pacific about it: Japan pushes back on China

By Nicholas Wapshott
July 15, 2014

Members of Japan's Self-Defence Forces' airborne troops stand at attention during the annual SDF troop review ceremony at Asaka Base in Asaka

China is on the march. Or, to be precise, China has made a strong push, militarily and otherwise, into seas nearby, setting off alarms among its neighbors. Now Japan has pushed back, announcing it will “reinterpret” its pacifist constitution so it can be more militarily aggressive in responding to China’s persistent territorial expansionism.

Is Iran being victimized by sanctions it doesn’t deserve?

By Yousaf Butt
June 20, 2014

A security official stands in front of the Bushehr nuclear reactor

Iranian officials met this week with their six-power counterparts to try to hammer out the outlines of a comprehensive nuclear deal set to last for several years. But its precise duration remains undecided.

Let Japan help defend America — and itself

By Clyde Prestowitz
June 2, 2014

Members of Japan's Self-Defence Forces' airborne troops stand at attention during the annual SDF troop review ceremony at Asaka Base in Asaka

Japanese Prime Minister Shinzo Abe is now following through on actions laid out in his recent bold speech calling for Japan to defend allies who might be under attack.

from Anatole Kaletsky:

Japan as the crisis next time

By Anatole Kaletsky
March 14, 2014

Which major economy is most likely to disappoint expectations this year, and perhaps even cause a financial crisis big enough to break the momentum of global economic recovery? The usual suspects are China and southern Europe. But in my view the most likely culprit will be Japan.

China’s air defense zone: The shape of things to come?

By James Steinberg and Michael E. O'Hanlon
December 16, 2013

China’s announcement of an air defense identification zone (AIDZ) that covers substantial portions of the East China Sea has unleashed a storm of concern among China’s neighbors — as well as in the United States.