Both France and Italy are getting close to the point at which the markets will begin to question their ability and willingness to deal with their deficits. Without serious action by the ECB, this situation has the potential to become quite unstable very quickly. But the lack of effort by France, at least by the [...]
Japan will strike any North Korean ballistic missile that threatens to hit Japan in the coming weeks after Pyongyang recently fired medium-range missiles, a government source said on Saturday.
Following the order, meant “to prepare for any additional missile launches,” a destroyer was dispatched to the Sea of Japan and [...]
A retired senior officer in the People’s Liberation Army has said a war with Japan over territorial disputes is becoming increasing likely and that China is more than capable of defending itself.
But other military experts are far from convinced the PLA would win any future conflict, despite China’s rapid military build-up and modernisation.
China and Russia are no more impressed with empty bluster today than Japan was in 1941.
The Roosevelt administration once talked loudly of pivoting to Asia to thwart a rising Japan. As a token of its seriousness, in May 1940 it moved the home port of the Seventh Fleet from San Diego to Pearl Harbor [...]
The Russian takeover of Crimea has a ripple effect that extends around and across the Eurasian land mass to Northeast Asia.
The real test, though, will come when or if China attempts to assert control over the disputed Senkaku Islands in the East China Sea. The Japanese show every sign of willingness to fight [...]
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.
While Japan no longer attracts much [...]
But government officials and proliferation experts say Japan is happy to let neighbors like China and North Korea believe it is part of the nuclear club, because it has a “bomb in the basement” -– the material and the means to produce nuclear weapons within six months, according to some estimates. And with tensions rising [...]
“… In the East China Sea, China refuses to accept Japan’s administration of, or its claims to, islands that Japan calls the Senkaku and China calls the Diaoyu.”
The foreign minister comment, in my opinion, can mean only one thing – war. Soon China will wage war against Japan, and that also means against America.
According to wikipedia, “overdetermination is a phenomenon whereby a single observed effect is determined by multiple causes at once, any one of which alone might be enough to account for (“determine”) the effect.That is, there are more causes present than are necessary to generate the effect”. In this strictly technical sense Japan’s deflation [...]
While major conflicts have been deterred, it is unclear whether Japan and South Korea are reassured. Publicly and in private discussions, Japanese and South Korean officials insist that they trust US defense commitments. But they ask revealing questions about the conditions under which the United States would act, and how it would do so. They [...]