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Category Archives: Economy

Fight for $15 Reaches Japan

Protesters gathered in the Shibuya district of Tokyo on October 2. They want McDonald’s to raise its minimum wage to 1,500 yen per hour (about US$13).

Defrauding the Tsunami Victims

Two Director-Generals of the Fisheries Agency from 2011 and 2012, Masanori Sato and Kazuyoshi Honkawa, have been accused of taking funds from the victims of the 2011 tsunami and distributing them to the whaling industry. This is the contention of Ren Yabuki, the Director of the NGO Life Investigation Agency, and he has now launched a lawsuit against these officials.

Aging Population Cuts Labor Force

In recent years, the Japanese population has been decreasing significantly and this has brought about major difficulties related to a workforce shortage, and also leading to a reduction in GDP growth.

TPP 11 Designed for US Return

Kazuyoshi Umemoto, Japan’s chief negotiator for the Trans-Pacific Partnership, or TPP, says that the new pact between eleven nations has been consciously designed to facilitate the return of the United States in the future.

Japan and the Northern Sea Route

Global warming is progressively creating a new reality that ships from East Asia, including Japan, might soon be regularly able to reach Europe more quickly via the shipping route that runs along Russia’s Arctic coast, from the Bering Strait in the east to the Kara Sea in the west, rather than using the conventional route via the Suez Canal.