35 Burst results for "Japanese Government"
Paul Vato Presents: A Celebrity Centric Podcast!
A highlight from Exploring Cultural Identity and Humor with Japanese-American Stand Up Comedian Michelle MALIZAKI!
"Thank you, Mr. Paul Vato. Greetings, ladies and gentlemen. My name is Paul Vato, and this is Paul Vato Presents. And today, my very special guest is Michelle Malazaki. I hope I'm pronouncing that right. That's such a traditional Japanese name, isn't it? No, it's not. Oh, my goodness. I thought it was. Well, welcome, Michelle. Thank you so much for spending a little bit of time with us today. Michelle is a brilliant stand -up comedian, a musical artist. She has recorded a few other podcasts. I first found out about her through my friend Christina Blackburn, who has a great podcast called Storyworthy. And I was a guest of Christina's as well. So it's a great podcast. It's a lot of fun, a lot of industry people. So Michelle, thank you so much for taking time to be here. We're live on fireside, so welcome. Thank you for having me on your show. 100%. I'm so glad that you were able to do it. I have so many questions to ask, cultural differences, comedy, and all that incredible background. Would you be kind enough to tell us a little bit about yourself, where you're from, where you live? Maybe not your address, but where you live, and where you've performed, and things like that. OK, I am originally from Japan. But I just found out I'm not a Japanese person anymore because I become an American. And in Japan, there are only two people, two kind of people, two kinds of people, Japanese and non -Japanese. And I am neither, I'm a former Japanese. Interesting. Are they called, is that Gaijin? Is that the right word or no? I'm not Gaijin. I'm just a former Japanese. Interesting. Is that because you became an American citizen, so you're no longer recognized as Japanese? The second I sworn in as different foreign nationality, then my Japanese citizenship just evaporates. I didn't know that. Wow. And this is because of the Japanese government, not the US government? I see. The American government that you have multiple citizenships. That's what I thought. But I think at that, there used to be a time where you could only have, if you were a US citizen, I thought you could only have a US passport. But I know that that's changed because I know people have multiple passports. So I don't know what changed. Yeah. But with Japan, Japanese government, you can't have dual citizenships. So just one. So as soon as I sworn in as American, then no more Japanese. No more Japanese. All my jokes about being Japanese. Oh, no. Now you can't make any more Japanese jokes. They might get offended. Oh, no. What am I going to do? You've got to rewrite your whole act. I know. Maybe you could divorce your present husband and marry a Japanese guy. And then you could make Japanese jokes. I don't know. Like, I'm still lost since I found about this. Because I don't know. I never belonged to any group. I was an outsider. When did this happen? When did you find out that you were no longer Japanese? I just found out recently. But I did not. Yeah, because I become American citizen a while back. Wow. Wow. Now, you recently went to Japan. Is that right? Yeah, I just did. And I had to get a visa. Oh, yeah, because you're not Japanese. Of course, he has a gift. I'm not a Japanese person. I have to apply for a visa. And then they ask for a picture. So I sent my picture in. And then they called me and said, oh, your picture's too old. You have to send a current picture. How do they know that my face hasn't changed? It's the same person. And you look very young. So it doesn't matter when it was taken. It's the filter, I think. It's like an automatic filter thing. Because my room looks nice. Well, mine's not working, I don't think, because I look old. So I don't know what happened. I've never met you in person, so I don't know. I look even better in person, I think. Oh, a lot of people do. Like, you know, you do Zoom shows. And then you never meet those guys, girls, people in person. And then when you meet them, you're like, oh my gosh, they are really nice -looking. You're like, stay off the Zoom. It makes you look ugly. But I mean, I look the same. I look the same. That's my cat. My cat's kind of famous for barging into international virtual shows. Very interesting, I love that. Yeah, but she never talks to me during the day. No? No, it's just when I'm talking on somebody else other than the cat, then she's just, hey, guys. What's your cat's name? Mochi. Mochi? Yeah, like the food, mochi. I also have a dog named Pinan. Like, all my pets are named after food items. I see that. Do you have any fish? I don't eat them. It's just names. We're not gonna go there, I don't think, right? Maybe. You're like, I'm Japanese, not Korean. Uh -oh, don't tell Bobby Lee. Awesome. These people didn't eat beef nor pork till 170 years ago. Was it strictly pescatarian or vegetarian or what? No, I think, I can't remember because Japanese people believe in many different things, but one of the - When did you decide to come to the US? Because I know that you had an affinity, I think, for maybe American television. Yeah, well, I wanted to, well, I came to America because I wanted to, okay, my mom told me, ever since I was in fifth grade, my mom told me to marry a white guy because half white, half Asian kids are cute. That's true. I actually wanted to marry a British person. I guess you can't marry two, so just one. But then America was closer than England, so I came here. Wonderful. And did your dreams come true? Did you end up marrying a white guy? I ended up marrying a white guy from Ohio. That's as white as you can get. No, I think, I didn't know, but Wisconsin is whiter white people. I didn't know. That is true. I grew up in Chicago, well, in the suburbs, in Illinois, which is right by, well, both Ohio and Wisconsin, and you're right. I think Wisconsin, you could have done a little bit better and found a white guy from Wisconsin. Yeah, oh, well, I didn't know. Next time. Next up, next, yeah. Wisconsin, 10 years younger, that's on my list. Yeah, go to a youth group and maybe you can find a future husband. What does your husband think about you doing standup? Were you doing standup when you guys met or how long have you been doing standup? I actually used to do TV production for Japanese TV and I've done like many different shows, like news about like surrogate mothers, like documentaries to sports news. But like, you know, when I tell people that I was on sports news, you know, you might think, oh my gosh, why are you famous? My hand, like holding a microphone like this was famous right here, just here, yeah, not me. Right, right, right, right. Now, is it true? I used to travel with the Yankees because they had a Japanese player and I get to go inside of the locker room after they take showers after the game. That was my job. What a job. I got paid. What a job. Do you miss it? I don't know, like it was fun. I mean, you go there, we used to rotate like two weeks at a time to follow and that was fun. And some baseball stadiums have better food than the others. Like Arizona Diamondbacks, they have good food, but like Dodgers, eh. Maybe that's a show. Yeah, yeah, yeah. We should do a show where we go to different parks and try their food. Yeah, the San Diego Patriots have good food at the concession stand. Yeah. Yeah, and also Boston Red Sox, they have good food. They got chowders. Of course, Boston. Yeah, but it's kind of like baseball season is kind of hot and then you eat chowders, but it's so good. Wonderful. Did you have to pay for your own food or was it a budget? Actually, at the press level, they have press food and you eat some of those and then you go downstairs and eat more food. I would love to do that job except for going into the men's showers, but you seem to enjoy that. Yeah, yeah, of course I do. They're like, you can leave now. You're like, I'm not done yet. I gotta interview more players. I'm not done yet. So how long have you been doing standup comedy? I've been doing it for like five years. Before that, I used to do improv. I had a midlife crisis and I took some improv classes at the Park and Rec. And then that led me to the Second City and I was just taking a class at a time and I ended up finishing the conservatory program. But improv you have, and I had so much fun, but you have to have team to perform. You know, it's easy to form a team, but it's hard to maintain a team. Oh, I know. I studied improv. After a while, people are not excited to practice anymore. I go, I have to pay 40 bucks for the session and I don't know. And so I started to perform by myself. I was singing and stuff and I had no idea about standup comedy. I didn't know at all. It's like, I live here forever in America, but I didn't know standup comedy existed till like five years ago. Wow, because it's not that big in Japan. Is that right? It's becoming like very recently, but it's in Japan comedy style is usually two people doing skits. So it's very different. And standup comedy, I don't know, I just love it. And you're very good at it. I've seen some of your sets there. Yeah, they're wonderful. And I'd love to talk to you about Second City. Was that in Los Angeles where you studied or were you in Chicago? Yes, that one in Hollywood. Hollywood, yeah, of course. Of course, did you ever do anything at Upright Citizens Brigade or improv? Yes, I also took classes at UCB and I did shows at iOS. Yeah. And I also took an improv class before, like way before when I was pregnant, like seven months pregnant. And I'm like at the, gosh, where are the groundings? Yeah, but I was too pregnant. So I'm like, oh, I can't do this. How long ago was this? How old are your kids? My kids are 16 and 12. Do you like improv better or stand -up better? I like improv. I love improv. I really love improvised music, like musicals. But that one is really hard to practice because you have to have somebody who could play piano or keyboard. And then you have to get a group of people who's willing to make fun of themselves. I like musical improv. The most. You had a song go viral, didn't you? Did you have a famous song about napping? Yeah, I had a nap time by Napster. It's a song for the, it's an official song for National Napping Day. When is National Napping Day? That's the day after the daylight saving time starts. You lose an hour the day before. So you get to take a nap the next day. I didn't know that, that's great. And your song is the official song for National Napping Day? Yes, actually, you know what happened? So I found out, I wrote a song called Nap Time by Napster. And then I found out there's a National Napping Day and I tracked down the guy who found it that day and I send him email. I'm like, I have a perfect song for National Napping Day. Can it be an official song? And he's like, sure.
The Breakdown
A highlight from Did the Fed Just Institutionalize Operation Choke Point 2.0?
"Welcome back to The Breakdown with me, N .L .W. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Wednesday, August 9th, and today we are talking about what to make of the Fed's new crypto policies. Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review. Or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Well, friends, yesterday was a very interesting day in crypto. As I said, we had some big news from the Fed, which we are going to dig into deeply, but we have to start on the financial side of things. Yesterday was hot fire in the markets. Let's be clear. Bitcoin rose sharply by 3 % to briefly reach over 30 ,000 before moderating into the evening. Ethereum enjoyed a similar, if slightly smaller, bump of 2 .4%, peaking at around 1 ,870. And for both major cryptos, this move represented filling in the trough of the previous weeks and regaining levels from last month. This is the highest Bitcoin has been since July 24th. Now, of course, what's even more interesting to ask than what price Bitcoin was is why it was pumping. Last week, as you know, was a big week for macro, with multiple events causing tailwinds for interest rate sensitive markets. Fitch downgraded the U .S. government, implying higher long term rates for U .S. treasuries, as a new slim but real risk of default gets priced in. Over in Japan, after a confusing policy adjustment, the Bank of Japan settled into its new yield curve control target range. The BOJ allowed 10 year Japanese government bonds to close last week above 0 .5 % for the first time since 2014. Finally, on Friday, a strong jobs report showed a slightly reduced unemployment rate and robust wage growth despite the headline number of new jobs coming in below expectations. At the end of last week, the longest term U .S. government bond, the 30 year, was trading at an implied interest rate of 4 .3%. This matched its 22 year peak from last October and implied that markets believe high inflation is here to stay. Now, moving into this week. On Monday night, China released a dismal set of trade data. July imports recorded a 12 .4 % collapse compared to the previous year. Exports fared no better, with a 14 .5 % year on year drop exceeding the already gloomy expectations. Now that kind of a drop in trade volume hasn't been seen in China since the initial wave of pandemic lockdowns. This implies both a deep recession for China, which has global consequences, as well as eventual stimulus from Beijing. On that news of a major slowdown in China, global bond yields fell. The yield on the 10 year U .S. treasury dropped below 4 % after rising to almost 4 .2 % late last week. And European bonds showed even steeper declines with the 10 year German bond trading at a yield of 2 .45%. Overall, the macro data is beginning to show signs of a much anticipated global slowdown. And while it might be too early to know for sure if the money printers will be switched back on, just the drop in long -term interest rate seems to be enough to bolster crypto markets. Assuming, of course, that macro is driving this. But what else might it be? Well, under the macro headlines, trading has picked up recently, with whales returning to the order books. Crypto Quant CEO, Ki Yong Ju, pointed out that derivatives open interest had increased by $616 million across all pairs on Tuesday price action. More than a 5 % bump. Whales had positioned heavily at $29 ,000 going into the day. According to CoinGlass, over $65 million in short liquidations happened on Tuesday, which was the largest day of short bursting in almost a month. Bitcoin open interest reached a new high for the year. Dan Crypto writes, Now the main narrative driver at the moment is clearly the institutions coming in to take over the industry. Just listen to yesterday's episode about PayPal for more evidence of that. Now, of course, on top of that, speculation that BlackRock will be successful in strong -arming the SEC into approving a spot Bitcoin ETF has only been increasing. Over the past two weeks, 14 futures -based Ethereum ETF applications have been filed, with rumors that the SEC had softened its position on the suitability of Ethereum ETFs. Then Monday's stablecoin announcement from PayPal cemented the idea that large financial firms would not be held back from launching crypto products. Vivian Fang, head of trading products at Bybit, said, Now one person who's getting more convinced of the spot Bitcoin ETF is Galaxy Digital CEO Mike Novogratz. During an earnings call on Tuesday, he said, Novogratz also said that Galaxy would Summing up his feelings, yesterday Novogratz tweeted, ETF is when, not if. No insight on finance yet, but still praying.
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Here before the top of the hour. A lot happening in the markets this morning. Interesting on a Monday morning, let's get to Mark cranfield, Bloomberg, M live strategist. Mark, I'd like to jump through three areas this morning. The inflation hawk seemed to have the upper hand here. That's one. We might have a hawkish tilt from the incoming BOJ governor that is still sort of being discussed. And thirdly, the social Democrats losing the election in Berlin seems to be putting a little bit of pressure on the Euro. Let's start off with the inflation hawks. This is a big deal all of a sudden. Yeah, I think it's actually a little bit off target to be focusing purely on the CPI number. I think what's really going on is that traders are now really believing the fate speakers who said that they need to raise interest rates a few more times than they need to hold them in a very high level. And they're very focused on the dot plots for the march FOMC meeting with a high risk now that the median dot plot will be raised. It was 5.125 in December. And if you put together all the recent speakers, including Jerome Powell, it looks like a serious risk that number will be raised by 25 basis points or something like that. And I think that is what people are now looking for other reasons to justify why the fate is going to increase the dot plots. The CPI number is one of those things CPI has been high and above target for a very long time. It's actually been drifting down slightly. Whether this week's number for CPR is above or below forecast. The fed has already told us they want to increase interest rates and people are starting to believe it. Yeah, well, it's you got to be careful here though. You can watch what they say and watch what they do. I would err on the watch what they do say. We know that the fed says it stated dependent, but that doesn't mean it's data reactive. It doesn't mean that one set of numbers would immediately bring a response. Certainly not, but if you look at the jobs numbers for January, if you look at the fed speakers since then, they seem to have tightened their voices because of that very strong jobs now. It was a reminder to them that they can't ease back now. They still got a lot of work to do. And as long as the jobs market stays very strong in the United States that will obviously keep upward pressure on wages that will also translate into keeping inflation higher for longer and it gives the fed the justification for doing a bit more and raising rates and holding, holding the rates there once they get to a high level. Yeah, and as Simon Flint pointed out, Bloomberg economics issued a forecast for inflation numbers at the higher than previously thought and we know how good they are. They've been right a lot of the time. Let's switch to Japan. What do you actually think is happening here? There's a lot of moving parts. We're not privy to all the details. But I think if you try and draw the dots between the bits of information that we have received over the past couple of weeks, I think you can certainly for myself I've come to the conclusion that Japanese government is pretty sure that it wants to move away from the quantity of easing negative rate policy Japan has had for a very long time. It no longer thinks it's right for the Japanese economy, and they're now trying to put a plan in place in order to find the exit door. Part of that process is a little bit of that political pressure from mister and misses Watson Abe on the weekend. It could well be. It could well be if you Japanese investors have had no joy in terms of there'd been no return on their money from an interest rate point of view for such a long time and I suspect that pensioners, especially in Japan, have really had enough of that when they see inflation clearly, there's no more deflation in Japan, and now they're starting to have a decent amount of inflation as well. So there needs to be a compensation. So Japan needs an exit policy from negative rates. Who is the right man to help them get out of here? I think this has been the question for the Japanese government. Who can they appoint that will give them the plan they need and the steps they need to take them as safely as possible is not going to be easy coming out negative. We've seen other central banks around the world reducing their quantitative easing and it's not been a smooth ride. Japan may be even more difficult than most, but they do need to at least start the process and I suspect whoever they choose whether it's mister eido or somebody else, it's the conversation was something like this. Are you the man that can create the give us the plane to get us out of quantity of easing? If so, would you like to be BOJ governor? Right. Okay. And finally, we mentioned Olaf Schultz's social Democrats losing in Berlin. That's kind of a short term thing, but it could mean that the Euro suffers a bit here. The dollar had been falling since September has that trend broken. I think in the near term Euros got a couple of headwinds, partly from the fed as we were discussing, partly because of this political situation, and there's also a bit of a spat going on between France and Italy over who has the right to speak to Ukraine as well. The European politics is a little bit fraying at the edges here. There was a lot
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Dinwiddie and unprotected 2029 first round draft pick, as well as second round picks in 2027 and 29. I'm Dan Schwartzman that your Bloomberg world sports update Doug. All right, Danny, thank you. Here we are going to take a closer look at this story coming out of Japan reported by the nikkei that the Japanese government has identified a candidate to become the next governor succeeding Hari hiku kuroda as the main governor of the BOJ. There are two deputies. One reported by the nikkei has been approached by the Japanese government. He is masayoshi, amamiya. Let's bring in Bloomberg's global news economics and policy editor Kathleen Hayes. I guess you were in Tokyo what about two weeks ago to cover the BOJ story and I'm sure this this subject of Succession came up during your conversations there. It's been coming up for a while now. Yeah, yeah. What do you make of the story? Well, he is considered by many the leading contender. The second in line for being leading is Hiroshi nakaso. What do they hold in common? Well, they've both been deputy governors. Was deputy governor in governor Crozier. First term, he's the one who's stepping down as governor and I'm a Mia. Has been in his job deputy governor for the last four and a half years. His term is ending as well. Now, in a Bloomberg survey, mister amamiya got 25 out of 43 votes for being the person who's mostly going to get selected. And what's special about him is he's a BOJ lifer. He's been there since 1979. And he has had his hand in all of the easing steps taken even before Corona got in place. But in this quote a term, he has been he's apparently been the architect pretty much of all the big steps, negative rates, quantitative and qualitative easing, keeping boosting that and yield curve control. This is the lead man on those steps. So that's one of the I think we'll put that all together. You're worried about making a transition when and if the BOJ has to make it, I guess you'd say, why not have the guy who invented a lot of this stuff and who's been there so long be the person to guide you ahead? The markets had some thoughts to express on. This is the year weakening significantly one 32 13 right now. Does this mean the BOJ is Davis forever? When might we expect to see a pivot? When inflation is sustainably above 2% and that's what they made after doing the tweak in December to widen that YCC ban to .5 from .25 on either side of zero, come January meeting. Oh, no, that was technical. We're just trying to keep the bond market functioning. And it's way too early to think about removing stimulus because we don't know what's going to happen to inflation and we do it. We don't even expect it to average or in the year at 2%, even though it's 4% now. There's four now, yeah, we were talking earlier with the guest about the impact of the China reopening one example of China essentially exporting inflation to Japan Vis-à-vis a lot of the tourists and also as our David finity pointed out, we still have negotiations wage contracts that are going to be. The springwater negotiations, yes. And so that could be if there are much more in the way of wage increases that are the outcome of that, boost inflation above the 4% now. But Bloomberg is also reporting that some reporters ask suniti Suzuki, the finance minister of who wrote anything about the nomination of Amaya. He said, no, he had not. This is kind of tricky because this is coming out of the new K and I guess they're not pushing back on that a little bit. This story from the nikkei saying that yes, he was the Mamma Mia! has been approached by the ruling Democratic Party leaders to about taking the job. And now the deputy chief of staff in the kishi da team is saying that's not true that he was approached. Now Doug, and Paul, I think there may be some semantics here. Is it like formal? Well, yeah. Formally approached or what is it approach? Did we just call him and talk to him or maybe and finally, there's no stories about has anybody else been approached? This is my question, just because could you approach amamiya and approach mister nakaso and maybe even somebody else? So but the nikkei as we all know, very, very respected news organization. So this happened so if you're a journalist, you know this can happen. Very quickly, Kathleen, what happens next in the process here? Well, by the middle of the month easily, we should know, we'll get the announcement who the nominee for governor and the two deputy governors, then probably by just after that, if it's middle of the month and feb 2021 ish, we'll have the hearings before the diet, the parliament. That's what's expected now. If things go as they usually do. All right, and we've got a yen weaker against the greenback by around 7 tenths of 1%. We had been as weak as one 32 50 early in Asian trading, so we've gained a little bit of strength
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"And the markets. Elon Musk is said to have completed his $44 billion acquisition of Twitter. Among the first moves that he's made is changing the management team, among others, the CEO, CFO, and general counsel have departed. In earnings news, Amazon gave a weak sales forecast and the stock was slammed 12% in after hours. Amazon has been dealing with a pullback in consumer spending. As a result, revenue from the prior quarter also missed projections, operating expenses jumped nearly 18%. And Apple delivered just enough good news in its report to avoid the fate of most other tech giants, iPhones and services were softer than expected last quarter, but apple's revenue and profit both topped analyst estimates. Here's Bloomberg's Mark gurman. So the iPhone S was about $400 million, the service is missed just about $800 million. So we're not talking crater of an issue here, right? But investors and analysts always looking for more, right? But I think all things considered given what we've seen from meta from Google from Amazon earlier today. This is a pretty remarkable report. They've clearly dodged a tech route here. Apple traded slightly higher in after hours. The Japanese government has announced a new stimulus package, prime minister fumio kishida says that this could run to $490 billion. And a new amchem survey in China says the Shanghai lockdown scarred American firms confidence. Only 30% of companies say they increased investment this year that's down from 38%. Briefly in the markets, the index down 7 tenths of a percent the nikkei down four tenths of 1%. Global news, 24 hours a day, live and at Bloomberg quick take brought to you by 2700 journalists and analysts. In a 120 countries, in Hong Kong, I'm Brian Curtis. This is Bloomberg
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Rates are subject to change. You can learn more at IBKR dot com slash compare. Let's get over to New York City. We've Bloomberg's dog prisoner, so much to discuss Doug, but also that yen very much taking my eye today one 50. Yeah, we're on the weak side of one 50, the question now, as you know, well jewels, will the Japanese government intervene to support the currency. The dollar right now is stable against the majors. We do have elevated yields pretty much, although right now in the Tokyo session, we are drifting a little bit to the downside in yield terms, not by much we had more hawkish fed speak in the states today, and we had a spike on the ten year treasury of around ten basis points at four 22. That is pretty much where we're trading now in Tokyo a two year jumping 5 basis points in the New York session to four 61 were trading four 60 at the moment. A short while ago, we got trade data for South Korea. First, ten days of the month of October and exports over all down 5 and a half percent, the Korean one right now flat against the dollar and in the equity space the cost be as weaker by about three tenths of 1%. We also had a data point for Japan core consumer prices in September rising 3% that's year over year smack in line with estimates in the equity market right now. The nikkei is weaker by two tenths of 1%, and in Sydney, where the market has been up and running now for about an hour ASX 200 off 7 tenths of 1%. We had a lot of corporate earnings today during the regular session, AT&T beat stock pops more than 7 and a half percent Union Pacific cut its forecast for volume those shares down about 7% and then after the bell we heard from snap which we will talk about momentarily here on daybreak Asia. Right now an update on global news
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Coming online this hour. Let's get all the latest action in particularly the big move we've been seeing in bond markets with Brian Curtis in Hong Kong Brian. Right, let's take a look here at the markets just opening up and first we can see China futures are trading down about four tenths of a percent. And we'll be getting index futures in about 15 minutes. By the way, the Hong Kong market trades on 6 times earnings here. And that's the whole index. If you look at a few individual players like let's say ICBC, the big Chinese bank, no chance in a million years it would go bust or anything, but it's trading on three times earnings. So that gives you just a feel for how the valuations are in the Hong Kong and China markets. Anyway, the two markets have just opened up in Taiwan and Singapore. We have some losses there. The Thai X is down four tenths of a percent, the straight times index, trading off about 6 tenths of a percent. We're down right across the board, no trading in Tokyo today for a holiday, but the ASX 200 is down 1.4% and the cost is trading down a little more than 1%. So it's one of those days where equity markets are grinding to the downside. We saw that big spike in bond yields overnight. The ten year yield surging 18 basis points, the 3.71%. The two year rose for the 11th consecutive day, the longest run in three decades, the yield on the two year is 4.12%. WTI trading at 83 86 is actually picked up some ground here up about four tenths of a percent. Gold is gained a little too, 1681, and Bitcoin is trading up about four tenths of 1%. So there is money flowing, and right now dollar yen is at one 42 14. So even though Japan is closed for holiday, the yen is trading. And people are mindful now that intervention yesterday. So the yen is strengthening a tad. Doug to you. All right, well, let's take a closer look at the intervention. The Japanese government shocking markets yesterday with move to support the end for the first time since 1998. It suggests that officials essentially reach the limit of their patience as the end closed around 20% lower against the dollar. That would be so far this year. We reached out to Robert banks ahead of FX strategy she has Jane foley on the significance of this intervention. We know that the fundamentals will still be dragging Dolly yen higher. I think what today's intervention was all about was just perhaps slowing the movement just put in a little bit more moderation in that move, but I do think that dollar yen is still likely to be pushed higher as long as we've got the bank of Japan and the fed on these opposing policy courses. So we have a little bit of strength right now with one 42 15 or thereabouts with a gain against the greenback around two tenths of 1%. Earlier in the day, the US Treasury responded to the intervention by saying it understands the action, especially with the need to reduce a lot of the volatility that we have seen in yen Juliet. Well, FedEx is aiming to save $2.7 billion this fiscal year by cutting flights deferring projects in closing offices, the plan unveiled as part of the company's earnings report. It was released about an hour and a half early because of a technical error FedEx reported adjusted earnings per share of $3 44 in line with a preliminary figure released last week. Revenue totaled $23.2 billion. Underneath the headlines operating income at FedEx's express tumbled 11% on a decline in global freight volume. On the other hand, the company's ground delivery business reported again in operating profit of 3%. This due in part to higher fuel surcharges and an uptick in home deliveries. We're going to be taking a closer look at today's price action and markets with our guest of asu menon of OCBC bank wealth management. We'll do that after we update global news At 5 minutes past the hour, a lot of tension at the UN today over Ukraine and it's a treasure night in Bermuda. Let's get to the Bloomberg newsroom
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"SEC and FedEx announces cost cuts as global demand slows. War of words over Ukraine intensifies. Japan is as travel restrictions. China calls Taiwan independence push a charging rhino. I'm Denise Pellegrini with global news. He's a Barcelona legend looking to join Major League Soccer next season. I'm Dan Schwartzman. I'll have that story more coming up in Bloomberg's boards. That's all straight ahead on Bloomberg daybreak Asia on Bloomberg 11 three O New York. Bloomberg 99 one Washington D.C.. Bloomberg one O 6 one Boston, Bloomberg 9 60 San Francisco, Syria's XM one 19 and around the world on Bloomberg radio dot com and via the Bloomberg business app. Kicking off the final trading day of the week in Asia and it is all about interest rates. Now 8 in the morning in Tokyo if you're joining from the apac region, good morning. I'm Doug Krishna at the Bloomberg interactive broker studio in New York. And I'm Paul Allen in Sydney, where it's just gone one minute past 9 on Friday morning, and Bloomberg daybreak age has presented by interactive brokers global analyst, which helps you find new global investment opportunities to diversify your portfolio and discover undervalued companies that may have greater growth potential. Global analysts today are going to IBKR dot com slash GA. Looks like another risk off day around the region for a closer look. His Brian Curtis. Yeah, it's not actually all that aggressive, though only about a third of 1% for equity futures, but you're right. They are down earlier treasury yield surged to multiyear highs and stocks were down on Wall Street. A number of central banks joined the fed in boosting rates to curb inflation, and it seems like now everybody is kind of understanding and admitting that this is at the expense of growth. And it's just the job that needs to be done. And whether or not recession comes, well, that secondary in nature. The Dow was down a third of a percent. The S&P 500 down 8 tenths of a percent, the NASDAQ down 1.4%. I suppose we should all say that they're still trying to finesse it, thread the needle, achieve a soft landing, but just seems much less likely now. The ten year yield up to 3.71%, the highest since 2011, the two year rose for an 11th straight day. That's the longest stretch that we've seen in three decades, the yield on the two year now, 4.12%. It was hard on the tech space. We mentioned that with an Aztec down 1.4%. The dollar still at record levels of fueled by these hawkish central policy decisions, we did have that intervention by the ministry of finance in Japan on strengthening the yen. It worked to a certain degree, but the pressure is still there. Dollar yen one 42 49 here at the moment, the Swiss franc slumped as the Central Bank height proved not enough to satisfy expectations. And right now we've got the Euro trading at 98.33 U.S. cents. The Aussie 66.4 U.S. cents and WTI $83 and 54 cents a barrel. Doug over to you. Thanks, Brian. Let's take a closer look at this yen story. It was a big topic here in the foreign exchange. We had the Japanese government shocking markets by intervening to support the currency for the first time since 1998 and this move suggests the officials in Japan essentially reach their limit of patience with the yen so far this year down around 20% against the greenback. Here's rabobank head of foreign exchange strategy strategy Jane foley on the significance of the intervention. We know that the fundamentals will still be dragging Dolly yen higher. I think what today's intervention was all about was just perhaps slowing the movement just put in a little bit more moderation in that move, but I do think that dollar yen is still likely to be pushed higher as long as we've got the bank of Japan and the fed on these opposing policy courses. Well, in Washington today, the US Treasury responded to the intervention by saying it understands Japan's actions, especially the need to reduce recent volatility, the end as Brian mentioned strengthened in New York trading, hitting an intraday high of around one 40, 36 were trading one 42 48 here as we get set for trading in Tokyo. FedEx is aiming to save $2.7 billion this fiscal year by cutting flights to firing projects and closing offices. The plan was unveiled as part of the company's earnings report, was released about an hour and a half early because of a technical error. FedEx reported adjusted EPS of $3 44 that was in line with a preliminary figure released last week. Revenue total was 23.2 billion underneath the headlines operating income at FedEx is expressed tumbled 11% on a decline in global freight volume. On the other hand, the company's ground delivery business reported a gain in operating profit of 3% and this was due in part to higher fuel surges to charges and an uptick in home deliveries, FedEx threaten up pretty much unchanged after hours. So I want to correct something that I said, which is that Japan will not trade today. The futures are trading in Chicago and they imply a move lower for the cash market, but we have a market holiday in Japan so no trading in Japanese equities or in U.S. sovereign debt. Let's get global news here at 5 minutes past the hour. Some tough rhetoric from China on Taiwan and the U.S. and Russia are duking it out at the UN, let's get to the Bloomberg newsroom and Denise Pellegrini Denise. Thank you. Russia's foreign minister while he didn't bang his shoe on the delegate desk, but he walked out of a UN Security Council meeting today. This is Sergei Lavrov. He arrived late Doug that's a big don't know at the UN. He delivered a speech. He claimed Russia was the victim, not Ukraine, and here's Lavrov through a translator. Over the past few years, the Kyiv regime has conducted a frontal assault on the Russian language. It brazenly trampled on the rights of Russian and Russian speaking people in Ukraine. Lavrov then left suddenly, meaning he missed a heap of criticism, including from Secretary of State Antony Blinken. The very international order that we have gathered here to uphold is being shredded before our eyes. We can not, we will not allow president Putin to get away with it. Meantime in Russia, men continue to flee the country as Putin calls hundreds of thousands into military service and House speaker Nancy Pelosi says the tide of public opinion is against Putin. But they said is he's running out of people from southern Russia, poor, poorer people. Less educated people, and the people that he's going to call on now. Their families will have an objection. And Pelosi says she's watching this situation unfold there very closely. China's foreign minister, comparing Taiwan's push for independence to a charging rhino that must be stopped in its tracks. That was the wording in a UN speech today from Wang Yi. He also said U.S. China relations were at a low ebb. Japan is bringing back that Visa free travel that tourists know and love that's according to prime minister humu kishida to press conference in New York and later at the stock exchange kishida said he'd relax border controls to the level that U.S. border controls are. Widespread applause there at the exchange for his comments. And migrant tents are going up in New York City, the city is setting up new tent triage centers. This is to deal with the flood of migrants that GOP governors are sending north. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than a 120 countries. In the newsroom I'm Denise Pellegrini. This is Bloomberg tech. All right, Denise. Thank you. Let's get to a look at market action with our guest. Ken Wong is with us. He is an Asian equity portfolio specialist at east spring he's on the line from Hong Kong. Ken, thanks for being with us. I think we can agree. It's all about interest rates right now, particularly the fed
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Hi everybody and good morning to those of you tuning in from the Asia Pacific good day to those of you listening around the rest of the world New markets opening up a little bit more positivity and this is the final day of the new economy forum and one of the interesting things about that today is that one of the big focuses on some of the talks will be untangling supply chains So stay with us would be getting to that I'm Brian Curtis and I'm Doug krisna at the Bloomberg interactive broker studio in New York ledger joining us for our three of Bloomberg daybreak Asia Let's take a look at some of the price action that we're seeing in the apac region right now in the equity market Let's begin with those markets that are just now coming online in Taiwan the up by about 7 tenths of 1% right out of the gate and in Singapore on the other hand we have the straight times now weaker by just about two tenths of 1% But generally speaking the tone is risk on with a nikkei rising a tenth of 1% similar gaining in soul for the Cosby and in Australia we have the ASX 200 up about a tenth of 1% as well Now in the background we have record highs here in the U.S. for both the S&P 500 and the NASDAQ comp a lot of strength here stateside in high technology and some retail stocks and video posted its outlook that was above forecast the shares rallied by more than 8% And we had shares in Macy's and coals rallying quite a bit in the case of Macy's a 21% gain after the company raised its full year outlook similar story on Kohl's and those shares popped about 10% In terms of the apac region let's begin with some of the eco data first for South Korea wholesale inflation in the month of October spiking PPI up 8.9% year over year That's the biggest increase in 13 years The Korean won down against the dollar by two tents of 1% For Japan core consumer prices rose a modest one tenth of 1% in the month of October that's also a year over year reading right in line with estimates by the way the Japanese government is reportedly planning a stimulus package worth $488 billion That number was reported by the Nike and it's above their earlier estimate We'll be talking about the Japan story as we continue here on daybreak Asia Right now in the bond market tenure treasury and the Tokyo session with the yield of a one 58 Brian You know and given the nature of their business think about this contrasting story Amazon shares up more than 4% Alibaba down 11% Alibaba's third quarter results were a major disappointment Here's Bloomberg Steven engel Net income plummeting 81% We knew it was going to be bad We didn't know it was going to be this bad They did have a write downs on some equity investments also a 29% rise in revenue That was a miss This is a big one here The revenue outlook If you used to have a 30% outlook for fiscal year 2022 the consensus from analysts had been lowered to about 27% they came in way below that at 20 to 23% The weaker forecast is mainly due to three factors China's slowing consumption regulatory uncertainties and intensifying competition On the last point this year pinball door surpassed Alibaba as the largest Chinese ecommerce platform by annual active shoppers and JD.com another big ecommerce player has been attracting new and returning brands to its platform JD is taking advantage of China's order to end exclusivity arrangements with merchants In the meantime ant groups profit rose an estimated 39% in the June quarter on investments and it did contribute a little more than a billion U.S. dollars toward Alibaba's profit We had shares an apple popping nearly 3% in New York trading today on news the company is pushing to accelerate development of its electric car Sources telling us the project is being refocused around full self-driving capabilities Let's get more from Bloomberg's Charlie pellet For the past several years apple's car team has been exploring two simultaneous paths creating a model with limited self-driving capabilities focused on steering and acceleration similar to many current cars or a version with a full self-driving ability that does not require human intervention Under the efforts new leader Apple watch software executive Kevin lynch engineers are now concentrating on the second option sources tell Bloomberg lynch is pushing for a car with a full self-driving system in the first version in New York Charlie pallets Bloomberg daybreak Asia Kids coming up in a few moments which China a 50 is a down three tenths of 1% hanxing index futures down 1.5% wouldn't be surprised once we get the Hong Kong and China markets opening up to see some of these gains that we see in the cash markets at the moment Fragile as they are slip into red numbers we'll wait and see The time now 5 and a half minutes past the hour.
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Hour right now I want to get you caught up on market action as we get Tokyo and soul trading first the data for the South Korean equity market We had wholesale inflation for the month of October spiking by 8.9% that is year over year for PPI now the biggest increase that we have seen in 13 years out of the gate that Cosby is rising by about three tenths of 1% Meantime in Japan core consumer prices were up modestly a tenth of 1% in October that is also a year over year reading and right in line with estimates important to point out though that the Japanese government is reportedly planning a stimulus package worth some $488 billion that number was reported by Nike and it's above earlier estimates In the opening moments we've got the nikkei two 25 rising by just a tenth of 1% The market in Australia has been up and running for about an hour now and the ASX 200 had just a tenth of 1% Stateside the day really belonged to big cap tech and retail shares and that helped to send the S&P and the NASDAQ each two records we had the chip maker Nvidia boosting its outlook stock rallied by more than 8% Apple jumping 3% after Bloomberg news reported details on apple's new electric car will take a closer look at that momentarily In spite of the gains though in the S&P and the NASDAQ we had weakness in the Dow down about two tenths of 1% given a pullback in both Disney and Verizon and a lot of chop in trading today given options expiration That's on tap for the Friday session and a lot of weakness in the U.S. listed Chinese shares with the golden dragon index down more than 3% It's an Ali Baba story and we'll talk more about that in a moment Ten year treasury now in the Tokyo session at one 58 Brian And did I hear you speculate earlier what the name of apple's new electric field did I confess I ride how do you like it It's better than I car Yeah all right Well let's segue from that into one of the other big movers And Apple was a big mover actually gaining 2.9% in the session Which was very interesting Alibaba went the other direction The stock down 11% is third quarter results were a major disappointment Here's Bloomberg Stephen angle Net income plummeting 81% We knew it was going to be bad We didn't know it was going to be this bad They did have a write downs on some equity investments also a 29% rise in revenue That was a miss This is a big one here The revenue outlook If you used to have a 30% outlook for fiscal year 2022 the consensus from analysts had been lowered to about 27% they came in way below that at 20 to 23% The forecast was mainly due to three factors one China slowing consumption to regulatory uncertainties and three intensifying competition On that last point this year pintor another company in China surpassed Alibaba as the largest Chinese ecommerce platform by annual active shoppers and JD.com has been attracting new and returning brands to its platform JD has taken advantage of China's order to end exclusivity arrangements with merchants And just to add a word about ant group its profit rose an estimated 39% in the June quarter on investments and in fact it added more than a $1 billion to Alibaba's revenue Let's take a closer look at that Apple story the company is pushing to accelerate development of its electric car sources telling us this project is being refocused around full self-driving capabilities Let's get more from Charlie pellet For the past several years apple's car team has been exploring two simultaneous paths creating a model with limited self-driving capabilities focused on steering and acceleration similar to many current cars or a version with a full self-driving ability that does not require human intervention Under the efforts new leader Apple watch software executive Kevin lynch engineers are now concentrating on the second option Sources tell Bloomberg lynch is pushing for a car with a full self-driving system in the first version in New York Charlie pellet Bloomberg daybreak Ajay Yeah so what would that be iRobot Well why we've already done that All right let's take a look at who's coming up Laurene Gilbert will join us CEO of wealth wise financial Hopefully she'll give us some wise choices in the markets The time now 6 minutes past the hour This is Bloomberg While the house could vote tonight on.
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Are due at the top of the hour We'll get numbers on retail sales industrial output and fixed asset investment Short while ago we learned that home prices in China in the month of October were down by a quarter of 1% month on month That seems to be a bit of an acceleration in the rate of decline that we saw in the month of September Right now a little bit of strengthening in the offshore Chinese currency not by much 6 spot 37 77 against the greenback in the equity market right now Shanghai composite is essentially flat in Hong Kong the hang seng better by just a tenth of 1% We had data for Japan a short while ago This is third quarter GDP negative 3% The street was looking for a drop of 7 tenths of 1% So now the betting is on some type of stimulus measure from the Japanese government the nikkei ahead by more than a half of 1% and the Yan is recovering ever so slightly from some early session weakness now One 13 spot 83 Long-term interest rates this is the ten year treasury down a little bit in the Tokyo session where at 1.55% in sold the Cosby up more than 1% in Sydney the ASX 200 ahead by about four tenths of 1% We'll take another look at market action in about 15 minutes Denise Pellegrini has an update on global news from the Bloomberg newsroom Denise Well thank you Doug China's health officials say this winter surgeon COVID could be worse than last year tens of thousands of university students are currently in lockdown at the northeast China this hour because of COVID outbreaks in the region President Biden and China's leader.
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Indicated that the company is looking at expanding in similar lines of business For us it's a question of how do we as rapidly as possible transition ourselves away from a fossil fuel based economy And that of course has a huge huge focus on the transportation products but it also includes energy products And this is something that we will certainly get into as we clearly drive to accelerate that Radiant $12 billion listing is the biggest globally this year it is also the 6th largest ever on a U.S. exchange China's tic crackdown taking a heavy toll on Tencent the company saying revenue rose 13% to $22.3 billion for the third quarter This is the slowest pace since it went public in 2004 Bloomberg Steven and gold tells us the crackdown specifically hit two areas of ten cents business We're looking at ad revenue negatively affected by the regulatory actions and as well tied to that are the gaming restrictions Keep in mind this year we had even a tightening amount on the amount of time Miners can play games as well as a moratorium Basically a cap on new game approvals And this is the tail here Domestic gaming revenue growth was just 5% while revenue growth in the international markets was 20% so you can really see that dampening effect that regulation has had Since it also warning that ad pricing could remain soft for several quarters going forward this is especially true for the education insurance and gaming industries and Tencent shares opening lower by more than 2% in Hong Kong Let's get more on market action with Bloomberg's Doug Krista in New York duck Hey Jules Yeah the weakness intense scent is helping to send the hang tsang down about the half of 1% of the opening moments and in or on the Chinese mainland Shanghai composite down but it's less than a tenth of 1% in terms of the overall loss Australia's unemployment or employment I should say negative 46,300 much worse than forecast the street was looking for a gain of around 50,000 in the equity space right now down under the ASX 200 weaker by about 1.3% We've been talking a lot about inflation that very hot reading on the consumer price index here in the states Yesterday of course we had that number out of China a 26 year high in a factory gate inflation and today for Japan producer prices rising 8% year over year in the month of October a little above forecast the yen right now weaker one 14 spot zero 7 so we're down about two tenths of a 1% against the greenback and if you look at the nikkei now higher by about a half of 1% By the way earlier the nikkei was reporting that the Japanese government is planning to subsidize upgrades for chip factory production in Japan We were talking a moment ago too about trade data for South Korea exports overall up 29.3% that's year over year in the first ten days of the month of November Look the Sami conductors up 45.3% and that is a big gain and in spite of that the cost be is now down about 8 tenths of 1% Ten year treasury will not trade in the Tokyo session given the Veterans Day holiday here in the state's Thursday so that federal holiday means U.S. sovereign debt will not trade in the Tokyo session The ten year last quoted in New York just under one 55 and crude oil which fell quite a bit in New York trading We were down more than 3% not only the dollar strength helping out but the EIA data showed a surprising build in the level of U.S. crude inventories actually an increase in stockpiles for a third straight week where now at the highest level since October or check that August and WTI right now in the electronic session 81 80 will take another look at markets in 15 minutes Juliet Thank you Doug 35 minutes policy hour time for glove when you use And China's president Xi Jinping ready to deliver his rare historical resolution regarding his power.
Bloomberg Radio New York
"japanese government" Discussed on Bloomberg Radio New York
"Very hot reading on the cost of living here in the U.S. as CPI up 6.2% in the month of October That's compared to last year This rate is the fastest that we have seen since about 1990 it triggered big moves in the rates market also the dollar as well Ten year treasury jumping about 12 basis points we are just under one 55 Now because of a market holiday in the states tomorrow Veterans Day which will be a banking holiday the equity market will trade We will not have trading in U.S. sovereign debt today in the Tokyo session Now the CPI report essentially upended bets not only on the timing of fed rate increases but also on the schedule for that tapering of asset purchases the equity market was down information tech in particular very hard hit NASDAQ composite today down more than 1.6% In the broader market we had weakness in the S&P a drop of 8 tenths of 1% and the Dow today down nearly 7 tenths of 1% As long as we are speaking of inflation in Japan producer prices up 8% in October that's year over year hotter than forecast and we also want to let you know that the nikkei is reporting The Japanese government is planning subsidies for upgrades to chip factories in Japan We also heard a short while ago from the governor of the bank of Korea he was saying the Korean economic trend is in line with expectations exports continued to grow steadily and domestic consumption has quickly improved given some of the easing on social distancing rules in Korea Right now in the opening moments though the Cosby is down nearly 9 tenths of 1% The KK dropping two tenths of 1% and in Sydney the ASX 200 weaker by more than half of 1% Another look at markets in about 15 minutes Jules Well Disney reported disappointing growth in subscribers for its Disney+ streaming service the platform gaining 2.1 million customers in the fourth quarter It brings a global total to just above 118 million The missed part of a broadly disappointing quarter profit declining at Disney's film and TV businesses CEO bob chapek is the next big push is local content We announced that our last investor day that we expect our total content expense to be between 8 and $9 billion in fiscal 2024 And we will now be increasing that investment further with the primary driver being more local and regional content And Disney shares have fell by about 4% in late trade China ever grand appears to have avoided another default or it seems that way here is Bloomberg's right shall butt The developer has made.
The Peter Schiff Show Podcast
"japanese government" Discussed on The Peter Schiff Show Podcast
"The japanese are not dependent on the world to finance japanese government dead. The japanese have a very high domestic savings rate and so domestic savers are able to finance japanese government. Meanwhile the japanese government owns a lot of us treasuries. The japanese government is the largest creditor so a lot of that debt that the japanese had was incurred loaning money to the us government so the japanese government has all of these bonds that he can cash in to pay down that debt because the japanese government mayo the japanese people but the us government owes the japanese government. The us is not sitting on a stockpile of japanese government bonds. The japanese government doesn't owe the. Us government is the us government. That does the japanese government but again the bigger difference is that americans are dependent on the kindness of strangers. We need foreigners to buy our bonds and that puts us in a far more vulnerable position than the japanese and so just because they can have a certain level of debt. Japan without a crisis doesn't mean that we can do the same thing here and by the way it also doesn't mean that the japanese aren't going to be dealing with their own debt crisis at some point in the future is just that. I think the japanese have a much longer rope with which to hang themselves. The problem is nobody really knows how short are rope is but pretty soon. We'll be dangling at the end of it but yellen would not commit to a dollar level or a percent of gdp at which. She thought that the high debt would be a problem. She did say that the debt we have today not a problem and it is not irresponsible or reckless. And again she is hiding behind the low debt service costs as the reason that it's not a concern. She keeps saying that we can handle all this debt because interest rates are so low and she expects them to stay low for the foreseeable future but nobody is really putting the question to her. What if she's wrong. What if these economists who expect low rates are wrong. A lot of times things happen that you don't expect what if we're on the verge of moving from a low interest rate environment to a high interest rate environment. What if it's not inflation that's transitory. But what if it was the low interest rate environment that was transitory. And now it's over and we are moving into not even a normal rate environment but a high rate environment which would make more sense. Pendulums tend to swing in both directions and if we've gone from really really low rates chances are we're going to swing over to really really high rates. We're not just can arrest over in the middle especially if you look at what's going on with inflation look at what's going on with prices everywhere. Get not just in the us. But all across the world we're seeing elevated inflationary pressures so it's not just in the us that interest rates are going to be rising all across the globe and this is going to be the biggest problem for the biggest debtors. And that's the united states. We have been the primary beneficiary of these artificially low interest rates. We're also going to be more adversely affected by increasing rates. So we were the biggest gainers when rates were low..
Mac OS Ken
Apple App Store Changes Fail to Stem Push for Overhaul Bill
"Peace offerings and settlements between apple and developers won't stop congressional moves against app stores couple of weeks ago apple announced a proposed settlement with smaller developers. Perhaps the biggest concession offered by apple was the one that would let developers use communications such as email to share information about payment methods outside of their ios app. A few days later apple settled with the japanese government that settlement included a pledge to let reader apps such as net flex and spotify. And who knows. Maybe some that actually involve reading under terms of the settlement apple will let reader apps include an in napa linked to their website for users to either setup or managing account and sign up using a non app store. Payment method will be possible according to a piece from macrumors. Maybe they think it's not enough. Maybe they just wanna look tough. Whatever the reason the piece from apple and cider has at least one. Us senator saying legislation up ending up stores. Run by apple and google will go forward last month. A bipartisan group of senators introduced the open up. Markets act speaking the bloomberg one of the. Bill's sponsors senator. Amy klobuchar democrat of minnesota. Said though apple is taken some small steps to respond to criticism of its anticompetitive conduct. They did not go. Nearly far enough there is growing momentum to pass the open up. Markets act to finally address apple and google twin monopolies. And i will continue working with my colleagues on both sides of the aisle to get it done. You didn't ask but i'll tell you anyway. What annoys me is. They're gonna point to this as a thing that they got done
Ghostly
"japanese government" Discussed on Ghostly
"Fast forward. Ten fifteen minutes thinking listener discretion advised in nineteen thirty six. The army epidemic prevention research laboratory became what was called unit seven. Three one some of the experimentation that they did were so horrific day experimented and humans depriving people of food or water and recording. What happened to the body. But also they were performed these weird surgeries on what they consider to be prisoners also they would deliberately infect them with plague bacteria. You know boo bannock plague and other microbes when they were done they would usually incinerate the bodies. Researchers in unit seven three one also published some of their results in peer reviewed journals. Writing is though the research has been conducted on non human primates called manchurian monkeys or long-tailed monkeys On the test subjects were selected to give a wide cross section of the population included. Common criminals captured bandits anti-japanese partisans political prisoners. The homeless and mentally handicapped and also people rounded up by the kim pierre military police for alleged suspicious activities. They included infants men the elderly and pregnant women. The members of the unit included approximately three hundred researchers including doctors and bacteriologist prisoners had limbs amputated in order to study blood loss. Those limbs that they removed were sometimes reattached to the opposite side of the body. Some prisoners had their stomachs surgically removed in the esophagus reattached to the intestines. Unit seven. Three one is directly responsible for tens of thousands of chinese deaths during world war two with the bubonic plague typhoid and anthrax mile and at the end of world war two. They had planned to bring these biological weapons to san diego. It actually had a scheduled date of september twenty second nineteen forty five but the japanese surrendered five weeks earlier. There's a lot more horrific details if you want to find out more just google unit seven three one anyway. The reason i brought this up in this episode is because it's alleged that unit seven three one dumped a lot of the bodies of their prisoners. In what is now toyoma park. It's very dark part of our history. That i even have trouble reading. Yeah this is. This is what i had Heard about That really made me think. Wow you know this is something that you d. we don't always talk about. There's not a lot. There's i mean we have details know that a lot of this is never been confirmed by the japanese government but there was a nurse who worked in the unit that when she was in her eighty s came out and said that she had worked. There confirmed some of these things and did confirm that they bodied buried bodies in the park Part of that is because there were body. There were skeletons dug up when they were doing like construction. Or something in the park Few decades ago. I wanna say in like the eighties or something And so then people wondered. Hey where these bodies come from. And so i think that kind of eventually then you know kinda came out or she said anyways bodies with like like limbs attached to different areas and stuff or just parts of bodies you know. Yeah so horrific. It's like yeah and i you know. I certainly don't think that they've excavated the whole park. You know just kind of again. It's it's so it's it's never been officially confirmed that superficial no not superficial but it is. There is testimony that that did happen. Wow yeah yeah it's it. You know like i..
AP News Radio
With Muted Ceremony and Empty Stadium, Tokyo Olympics Begin
"Protesters face off with police outside the national stadium at the opening ceremony for the Tokyo twenty twenty Olympic Games was about to begin the stock demonstrates is moving forward to the stadium one officer shouting into a megaphone since it's dangerous please do not push the anti games will be hold up placards stop the Olympics no Olympics and cancel the Olympics save lives the games largely without spectators are going ahead as the international Olympic committee and the Japanese government faced strong opposition within the host nation I'm Charles so that's my
AP News Radio
Japan Says US Travel Warning for Virus Won't Hurt Olympians
"Japan's says a US travel warning on the virus well to hook Olympians the Japanese government has been quick to deny the U. S. warning for Americans to avoid traveling to Japan would have an impact Olympians wanting to compete in the press button Tokyo games U. S. officials cited a surge in corona virus cases in Japan cool spot virus variants that may even be risks the vaccinated people who didn't benefit comes from visiting Japan with a warning this could affect insurance rates I'm with the Olympic athletes all the participants decide to join the games that begin July twenty three I'm Charles through this month
Morning Edition
South Korean Court Rejects Suit Against Japan Over Sexual Slavery
"Court in South Korea has dismissed a case against the Japanese government brought by victims of sexual slavery during World War two. NPR's Anthony Kuhn is in Seoul. The judge ruled that Japan enjoys sovereign immunity and cannot be the object of a civil lawsuit. The same court ruled in January that sovereign immunity does not apply to crimes against humanity. And ordered Japan to pay the victim's reparations. Historical feuds, including this one helped keep ties between the U. S. Is main allies in Northeast Asia Tense
Memphis Morning News
Japan to Start Releasing Radioactive Water From Fukushima
"Government announces plans for water from a wreck. Nuclear power plant 10 years after Japan's Fukushima nuclear plant was destroyed in an earthquake and tsunami, the Japanese government says it's decided to release treated radioactive water from the facility into the Pacific Ocean. Japan says it's not safe to continue storing the water on that similar processes happen elsewhere. China says the plan is irresponsible and South Korea causes unacceptable
Morning Edition
US sanctions 24 China and Hong Kong officials ahead of talks
"After China passed new rules giving it more control over Hongkong's elections. The 14 individuals being sanctioned include Chinese senior legislative officials. These officials helped pass or implement new rules approved in Beijing this month that give Beijing much more control over who can run and Hongkong's elections. That brings the number of Chinese and Hong Kong officials. The U. S a sanction to 24. The sanctions are designed to punish those who undermine Hongkong's limited autonomy from mainland China. Those measures were taken after China passed in national security law that has led to dozens of arrests in Hong Kong and made political dissent. They're effectively impossible Emily Fang. NPR NEWS Beijing court in Japan has ruled that the Japanese government's ban on same sex marriage is unconstitutional.
BBC World Service
Calls mount for the embattled Tokyo Olympics boss to step down
"News. The head of the Tokyo Olympics Organizing Committee is expected to resign after making sexist comments. This want outrage in Japan. Yoshiro Mori, a former prime minister had said women talk too much. From Tokyo. His Rupert Wingfield Hayes 83 year old Yoshiro Mori first apologized and then said he withdrew the comments unconditionally. The Japanese government declared the matter closed, but they had not reckoned on the huge local and international backlash against Mr Mori. Around 400 Olympic and Paralympic Volunteers quit and Japanese tennis star Naomi Osaka condemned Mr Morrie's words, calling them ignorant. Then on Wednesday, the head of Toyota, one of the biggest Olympic sponsors, weighed in calling Mr Murray's comments regrettable and out of keeping with Toyota's values that may have been the final
WTVN
"japanese government" Discussed on WTVN
"Japanese government said Friday that it's determines that the Tokyo Olympics will go ahead as planned this summer following an unconfirmed report in the Times of London that cancelation of the games might be imminent. More about the games from this weekend's Jennifer Krauchanka, organizer's of the Tokyo Olympics face a long list of obstacles as they attempt to carry out the postpone games in just six months. As Rachel Bachman of The Wall Street Journal tells us it's not just a rising co big cases around the world. That's a problem. Rachel. What are some of the issues for the summer games? Well, the real question right now is how quickly the vaccine the coroner, virus vaccine can be distributed around the world and Who will take it. So it seems a little bit surprising was surprising to me that there are some people the Japanese public who are skeptical about vaccines because of Um previous vaccines that had problems and so nearly a third of the Japanese public said in October that they would not take a covert vaccine, and Dr Fauci has said that is a zoo, much as 90% of the population would need to take it in order to Really inflate the public, so they're not just concerned about the athletes coming in. They're just trying to deal with covert in their own country First, that's right. But they really you know, because of the short time frame and six months is a fairly short time frame in terms of planning the Olympics. You really need to address all these things at once? Vaccinations have not yet begun in Japan, even among people who will take them s so that certainly is a concern of the clock ticks. They're also our concerns in the U. S. You know, because of the American sort of Patrick system of the state by state distribution. It's very difficult to figure out how U S athletes might be vaccinated because it depends on where they live and what the policies are in their in their state and what access they have to vaccines. Um, So there's no current road map to vaccinating American athletes for the Olympics, either. Rachel. I was stunned by the numbers in your story about how many people in Japan are opposed to holding the games at all. Those were some staggering statistics. Yeah. Yeah, You know, roughly 80% of the public, says the Olympics. Cannot or should not go on in July, when they're scheduled to start. Olympic organizers had said that they will not postpone the games again. You know they've already been postponed one year S so they said that essentially if they can't hold them then and they won't acknowledge that publicly. Now that that's a possibility. Then they won't hold them in all these Tokyo games, at least not, um, you know, in the next couple of years The stakes are very high. Ah lot of revenue for not on the International Limpet Committee but Olympic committees around the world. Relies on this revenue from games mainly from broadcast rights and to a lesser extent on sponsorship, So whether these games go off or not as scheduled Um, really will determine to a large extent that the fate of Olympic committees and Olympians around the world in the near future we're speaking with Rachel Bachman of the Wall Street Journal. Rachel, is it Up to Japan to say no, We absolutely won't do this. Can they unilaterally say no summer games? Well, it's you know, these decisions tend to be made, you know, in partnership with the International epic Committee, however, you know if if someone in the Japanese government says no, we will not do this, You know, sort of like someone Was invited someone over to their house, saying, I'm not gonna let you in. You know, it's a little difficult for the IOC to say we're going. We're going to show up anyway, Right? You know, Japan is the host nation and It's got to be willing to do this to accept, you know, over 10,000 Olympic athletes over 15,000 athletes, including Paralympians on DOF course, their coach's support staff and so on and so forth, so Japan really needs to be a willing participants in these games. Rachel you mentioned earlier the patchwork vaccinations in the United States. Do we know how training is going for the U. S athletes at this point? Well, it's they're doing better than they were at the start of the pandemic when you know virtually all training centers. No universities in a lot of athletes used to train were closed down completely, and people really had to get makeshift with their workouts. Most people can find places to train now, but what's happening is Because you know, in part because of this more contagious strain that's starting to circulate. Athletes tend to be shying away from things like team camp so they might have to travel to another state and gather with other people to train or even, you know, preliminary competitions that they might usually use to sharpen their skills in a non secure Summer, shying away from those thinking, you know, maybe it's not worth the risk of getting infected, too. You know, T take that step, so they tend to be sort of sticking close to home to train a lot of them, and it's difficult to say what the impacts of that might be on the games that they go off. This weekend's Jennifer Could Shankar with Wall Street Journal Sports reporter Rachel Bachman 30 minutes now after the hour on this weekend. Use traffic and weather for Columbus. Use radios. 6 10 doubled you TV end.
KOMO
"japanese government" Discussed on KOMO
"Seattle at 10 36. Here's Rick van sites with an interview from earlier today. Well yesterday afternoon and evening. We were talking about news that Japan apparently was not going to be able to have the Olympics in Tokyo because the pandemic Well, Japan saying, Yeah, that's not really the case. A B C's Alex Stone joining us now on the coma news line, Alex sort all this out. Where do things stand? Well, hey, it's a good question Regulate. We don't know you got Japan at this point, saying that they are going forward and The Times of London, reporting that the Japanese government has concluded privately that the Olympics have to be called off the because a cove it and that the focus right now is secretly on Securing the games for Tokyo and 2032 the next date that is open for US City two to pick it up. Now this is something that Japan is flat out. Denying today this is Japan's National Olympic Committee ahead shouldn't still total on. He's saying that it's a complete lie, and they plan to go forward with the games. But For a number of issues. At this point, there is a belief that they would need to vaccinate the country's 127 million citizens. They are nowhere near that they're not getting the vaccine even relatively soon, until likely the end of next month. Because of red tape, then how low the athletes get vaccinated in time, then do they prioritize over the elderly and those who may need it more in some countries to get athletes vaccinated. What about poor countries? That may not get the vaccine in time? Then do Richer countries end up going to the Olympics. Spectators all of that so many unknowns. Sebastian Coe is president of World Athletics. He says they do plan to have the Olympics. As of right now, overall objective is, of course to deliver the games, but in the safe And secure environment, and that includes the athletes, but it also includes local communities. Any fifth year will be different. This is going to be a games that looks different probably feels differently. There'll be discussions about Spec pages. That's that's inevitable ever worked the W H O we is helping to advise and they say right now, so much remains unknown that they say yeah, that they want the world to be able to come together and say. Look, we're able to get through this, but they don't know. And they say All of that has to be brought into account today, Japan's prime minister, saying he has determined to have the Olympics in some form. But those sources telling the Times of the aim right now is did at saving face and and finding a way to cancel the games that that they know what they've got to do, but that nobody wants to make that announcement. And right now they're just kind of holding on thinking. Maybe the vaccine will do really well. Or maybe numbers will decline. But the reality is that according to the reporting that behind the scenes that they know what they're gonna have to Theo. So much unknown about this Alex and even if they were able to pull it off, But you would think that some athletes might say is we've seen in pro sports, You know, I'm just not going to participate. That's got to be worried, too. Yeah, you know, he really is or some countries pulling out altogether, which that was going to be the fate of the games. If they were held last summer, the countries were beginning to say no. Then you have polling in Japan 80% of people in Japan, saying the Olympics should not be held this summer and They feel like it needs to go away. So you've got the public sentiment added into the rumors of what's going on behind the scenes, and it doesn't look very promising. But as of now The Japanese government and the Olympic officials there saying yes, there will be games of their planning on it. But if it's really going to happen, nobody knows and you talk about the IOC. Is that the final arbiter of all this, Alex, will they make the final decision? Well, I mean, it will play a role. But, you know, I think a lot of it is going to come down to Japan and what they're feeling in that moment with the IOC what the individual Olympic federations are feeling what health officials were saying. There's a lot of people involved and, you know, you think between now and July seems like a lot of time. But it's not when you've got a moving target of the pandemic that is changing with mutations that could change. How easy it is to pass how deadly it is The numbers going up and down a state of emergency right now in Japan because of the virus, so much is going on. Lot of unknown. All right, as always, Thank you. Alex Appreciate the update. You got a different and that's Rick.
KOMO
"japanese government" Discussed on KOMO
"Shelton 29 there? 31 in Bellingham, 40 in Long Beach and in Seattle. It's 37 at 8 35. Here's Rick van sites with an interview from earlier today. Well, yesterday afternoon and evening. We were talking about news that Japan apparently was not going to be able to have the Olympics in Tokyo because the pandemic well, Japan saying, Yeah, that's not really the case. A B C's Alex Stone joining us now in the coma news line. Alex sort all this out where things stand. Well, hey, it's a good question Regulate. We don't know you got Japan at this point, saying that they are going forward and the Times of London reporting that the Japanese government has concluded privately that The Olympics have to be called off because of cove it and that the focus right now is secretly on securing the Games for Tokyo and 2032 the next day. That is open for a city to do pick it up. Now this is something that Japan is flat out. Denying today this is Japan's National Olympic Committee ahead shortens little tofu on He's saying that it's a complete lie and that they plan to go forward with the games. But For a number of issues. At this point, there is a belief that they would need to vaccinate the country's 127 million citizens. They are nowhere near that they're not getting the vaccine even relatively soon, until likely the end of next month. Because of red tape. Then how long the athletes get vaccinated in time, then do they prioritize over the elderly and those who may need it more in some countries to get athletes vaccinated? What about poor countries? That may not get the vaccine in time? Then do Richer countries end up going to the Olympics. Spectators all of that so many unknowns. Sebastian Coe is president of World Athletics. He says they do plan to have the Olympics. As of right now, overall objective is, of course to deliver the games, but in the safe I'm secure environment and that includes the athletes, but it also includes local community. Any 50 year will be different. This is going to be a games that looks different probably feels differently. There'll be discussions about Spec pages. That's that's inevitable ever worked. The WH Joey is helping to advise and they say right now, so much remains unknown that they say yeah, that they want the world to be able to come together and say. Look, we're able to get through this, but they don't know. And they say All of that has to be brought into account today, Japan's prime minister, saying he has determined to have the Olympics in some form, but those sources telling the Times of the aim right now is did at saving face and and finding a way to cancel the games that they know what they've got to do, but that nobody wants to make that announcement. And right now they're just kind of holding on thinking. Maybe the vaccine will do really well. Or maybe numbers will decline. But the reality is that according to the reporting that behind the scenes that they know what they're gonna have to Theo. So much unknown about this Alex and even if they were able to pull it off, But you would think that some athletes might say is we've seen in pro sports, You know, I'm just not going to participate. That's got to be worried, too. Yeah, you know, he really is where some countries pulling out altogether, which that was going to be the fate of the games. If they were held last summer, the countries were beginning to say no. Then you have polling in Japan 80% of people in Japan, saying the Olympics should not be held this summer, and they feel like it needs to go away. So you've got the public sentiment added into the rumors of what's going on behind the scenes. And it doesn't look very promising. But as of now the Japanese government and the Olympic officials there saying yes, there will be games of their planning on it. But if it's really going to happen, nobody knows And you talk about the IOC. Is that the final arbiter of all this, Alex? Will they make the final decision? Well, I mean, will play a role. But, you know, I think a lot of it is going to come down to Japan and what they're feeling in that moment with the IOC what the individual Olympic federations are feeling what health officials were saying. There's a lot of people involved. And, you know, you think between now and July seems like a lot of time. But it's not when you've got a moving target of The pandemic that is changing with mutations that could change how easy it is to pass how deadly it is. That number is going up and down a state of emergency right now in Japan because of the virus. So much is going on. Lot of unknown. All right, as always, Thank you. Alex Appreciate the update, you gotta decorate, and that's Rick fan sites with the interview. At 8 40 We head over to the beacon Plumbing, Sports desk and check in.
The World
'Categorically untrue': Japan denies report Tokyo Olympics could be cancelled
"And the International Olympic Committee said today. It's not true this summer's Tokyo Olympics will not be canceled. The rumor mill heated up yesterday after a report in the Times of London. The newspaper cited an anonymous source who said the Japanese government has concluded the games cannot happen and is looking for a face saving way of announcing it. Today, Japan's Prime Minister Yoshihide Asuka said in a more polite way fake news ending the
WTOP
"japanese government" Discussed on WTOP
"That we have supplies. We have now administered over a half a million vaccines. But the expanded one a population accounts for over two million people. The Boston Globe is reporting almost 2000 Moderna doses were spoiled when a cleaning person had of a facility in Massachusetts accidentally loosen to plug on a freezer. Ah, controversial incident involving thousands of National Guard troops sent to Washington D. C for the inauguration is over. Correspondent Deborah Alferov. After spending days in the cold, securing the capital, members of the National Guard were asked to leave the building where they were using hallways and open space to rest. In between shifts. They were relocated to a nearby parking garage to rest this true swift condemnation from lawmakers, including Senator Tammy Duckworth's a veteran, she offered up her office to them and vowed not to rest until they were taken care of. She later Tweeted update. Troops are now all out of the garage. Now I can go to bed. It may be a while before you can watch the Olympics again. We were supposed to take place last year. But because of covert 19, the Tokyo Summer Olympics were delayed 12 months until this year. Now there are reports, the Japanese government has concluded the games will not be able to be held in 2021, either. In public statements. Japanese officials have insisted the games would go on. But recent polls show 80% of the people in Japan. Do not want the games. The last time the Olympics were canceled was during World War two. Steve Futterman, CBS News Japan is insisting today The games will go on Dow futures off to 54. This is CBS News. New Year new budgets. DEL Technologies Advisors give you real time tailored advice. Plus right now get big savings on select business computers with Intel core processors. Call +877 Ask Dale..
All Things Considered
Landmark Court Ruling In Japan Holds Government Accountable For 2011 Nuclear Meltdown
"The Japanese government and a nuclear power plant operator have appealed a landmark court ruling. The ruling holds them responsible for the country's worst ever nuclear accident. The 2011 Fukushima meltdown was triggered by a huge earthquake and tsunami. But as NPR's Anthony Koon reports from Seoul plaintiffs are concerned that justice is being delayed once again. Cheering broke out outside the high court in the city of Sendai, about 60 miles north of the crippled Fukushima nuclear plant last month. Too many people surprise the court's ruling held the central government and the Tokyo Electric Power Company, or TEPCO, which runs the plant equally responsible for the accident. Plaintiffs argued that scientists had warned the government in 2000 to that a major tsunami could hit the area. The court said in its caving verdict that the government failed to take actions. She'll sort of Colonel when you go Oh, God. The government. Despite its position is regulator just let TEPCO do Is it pleased and let it put off safety measures? It was gross negligence, and it was an attitude Unbefitting, a regulatory agency. That was Takashi Nakajima, paraphrasing the court's verdict. He's a leader among the nearly 3600 plaintiffs in the case. Sendai Court or did the government and TEPCO to pay them $9.6 million in compensation double with a lower court had ruled three years ago. Many people in Nakajima's community near Fukushima fled their homes. He says he filed the lawsuit. Basically, just to say, Give me back my former life Rising. Ah need. Imagine how you would feel says if suddenly you get into a situation where you can never go back to your hometown because there's a risk of radiation. Nakajima runs a supermarket. He says that fears about radiation and waters near Fukushima make it impossible to sell the local fish in which he used to take such pride even more. Fishermen eat him because they've been eating them for a long time, he says. And they're tasty. But their sons and daughters in law tell them that their grandchildren should not eat them. This is a situation which divides many families. Judges in the Sendai verdict appear to have been especially sympathetic to such hardships. The Osaka, a law professor at Tokyo University in Tokyo, explains hunk. It doesn't mean you can t the Sendai High Court judges actually visited the area and issuing the Trial before the decision was made. It's very unusual that judges truly understand going hardships the victims are experiencing some plaintiffs in similar lawsuits have not been. His fortunate is Nakajima and have lost Professor Masafumi Okamoto, professor of environmental policy at Osaka City University, says the Sendai verdict could change that in, you know, taking any next? Of course, this's the first time a decision recognizing the government's full responsibilities they made at the high court level, he says, although it was partly recognized by a lower court. It's very significant and it'll clearly influence future decisions. That's why many observers were not surprised when the government and TEPCO appealed the verdict on Tuesday. Plaintiff, Takashi Nakajima hopes that the Sendai Court ruling will eventually pave the way for the shutdown of all dangerous nuclear power plants in Japan. But whether or not the ruling stands will now be up to Japan's Supreme Court to decide. Anthony Kun. NPR news soul
Dose of Leadership
Martha MacCallum Discusses the "Unknown Valor" of Iwo Jima
"Martha McCallum. Here you are on dose of leadership I can't believe it welcome to the show it's great to be here Richard Thank you for having me big fan of you obviously in in your work that you've done and obviously a big fan of of the book being a primary ince unknown valor, and what prompted you to write this I think I know the answer this I see say but I just I'm curious about why you got so passionate about World War Two about that generation and specifically you would Jima. It was a personal connection when I was growing up my mom used to occasionally take out letters that were written to her and to her father by her beloved cousin Harry Gray who had been killed at Iwo Jima when he was only eighteen years old and the grease from his death just sort of was there never went away it wasn't something we talked about. All the time obviously but it was very real and when I read the letters, they're so beautiful and he was such an eloquent eighteen year old and wrote great informative letters that had a lot of information them about what was going on and they would often when I did pull out, dust him off and read them I couldn't really get through them without. Being brought to tears. So, and of course, I never knew him but his mother, my aunt, an was someone I was very close to and his sister my aunt Nancy also somewhat I was very close to end became got to know on such a deeper level through the writing of this book which grateful for. So when I started to think about writing a book I. Sort of couldn't get around the subject it was it felt as if it was calling me and it was a story that I needed to tell and I also knew, I wanted if I was going to spend the time and effort writing I wanted it to be a real book of history a book where I would learn a lot. So if I was going to take time away from my work and my personal life to dedicate myself to this, I wanted it to be a inexperienced. That would pay off for me. You know that would be a lot. So it did that in spades and honestly by the time I was done I thought if this book doesn't sell more than ten copies, it will still have been worth it to me. You know I I it resonates with me because I became friends obviously in the marine. Corps and we look at Iwo, Jima with sacrosanct and I've never visited the island. You're fortunate if actually put your feet on the ground there and I've flown over a few times when I was in the rink was a pilot in the Marine Corps and we'd fly over. You would Jima going back and forth from Okinawa and stuff. And it was weird when every time we'd fly over it in, we'd all be talking and joking that. But when you fly over it, they're just be the stunned silence every time we fly over you a German and to give you these chills just because if anybody studies at knows the stories in particular that how many people sacrificed their lives and were injured, it's just phenomenal thing about the numbers in the short amount of days where on such a three square mile or piece of dirt you know it's just. It really is it's almost as if it's a piece of the moon race loading in the middle of the Pacific and I completely connect with what you're saying. Of course I have never served but I was on this flight that only to a once a year it's A. It's to you know a memorial slight to honor those who were lost there, and it is a memorial that has Japanese dignitaries that attend and American. Veterans that attend and their families in a few reporters and people who are interested get to go on his flight. So I was really fortunate to be on it and there was this amazing commodity on the flight and we had all traveled a lot I flew from Newark to Tokyo. And then Tokyo to Guam and then Guam alternate late to gene on the day of our trip there, and it's a day trip. You go in the morning couple of hours on the plane fly back that evening and the Japanese government has complete control over Gina. They have since the sixties. So they dictate the amount of time that Americans are allowed to be on the island, right which in and of itself is sort of an interesting situation. But So it's all very regimented when you land, they take your passports away. They put them in a bag when you're ready to go they give them back to you. And you can leave. But when we were flying from Guam to Jima and the plane was obviously only people who were all on this sing of our mission and we had first class about five, I believe. A woman veterans who were on a couple of from Tarawa but there were five I believe you Jim Veterans a couple of who had never been back. So we're saying sort of camaraderie everyone's joking around a little bit talking to each other with all get to know each other over the last few days on Guam and some of the things that we did together before that. But as soon as the pilot said, okay, you're going to see what Jim now coming up on your left as soon as we dip under these clouds. And as soon as we dipped under those clouds, there was silence across the plane and I looked over at some of these veterans looking down on the island through the window hadn't been there since they were seventeen eighteen, nineteen years old and you could feel that flood of emotion come over them. They saw it and I will never forget the dramatic approach to that island landing on it. It's still steaming as a volcano in different parts of the island. So it's it's smokes while you're looking at it it's kind of a surreal place.
AP News Radio
Bach offers pep session for Tokyo Games and talks up vaccine
"International Olympic committee president Thomas Bach delivered a pep talk to Japanese government officials and local organizers about the reschedule twenty twenty one Tokyo games Bach talked about the reason for the postponement the corona virus pandemic he says the vaccine should be ready for the games next summer there will be hundreds of millions of doses being available already in the first half off for all for the next year bokeh few details but said the IOC has been in contact with the World Health Organization other experts an unnamed pharmaceutical companies we're sitting together in one vote the only thing we have to do not always set to roll in the same direction surveys show a majority of Japanese companies and the public don't think the Olympics will happen next year or should happen I'm a Donahue
All Things Considered
How The Fukushima Nuclear Disaster Affected Energy Industry In Japan
"On your it's not easy to get rid of nuclear power. Okawa is right. Taking apart. A nuclear power plant is not easy day CI has been in the Decommissioning process essentially since the disaster. And that means every day over 4000 workers stream into the plant, clocking in To tackle a vast array of problems. The radiation levels here are much lower than they were nine years ago. In most areas of the plant, you could walk around without special protective gear down by the reactor's, though the ones that exploded levels are still high, and visiting time to them is limited. Kozo Takahashi are TEPCO guide takes us down to see them, bringing into stark reality the challenges that TEPCO has faced here since the disaster. Crews of workers are bustling around in full protective suits. Takahashi points out each reactor, each with its own set of problems. He says a new robot had to be invented to get to melted fuel in one another had to be essentially rebuilt just to take it apart again. And then there's the problem of waste your time here at GH Eve, huge amounts of water pumped into the damaged reactors every day to keep them cool. In the end result is more than one million tons of that water piled up in storage tanks contaminated with radioactive trillium. Storage space is running out, and the Japanese government is considering dumping it all into the ocean, much to the dismay of local communities worried about environmental impact. This is all just a taste of what it means to decommission Daiichi, which will take an estimated 40 years and nearly $200 billion to produce no electricity. At all. The rest of Japan's nuclear power program isn't faring a whole lot better by 2011 nuclear power produced nearly a third of the nation's energy. But after the disaster, the Japanese government imposed new safety regulations that took every nuclear reactor off line. All 54 of them, and the Japanese public largely wants to keep it that way. Anti nuclear power sentiments friend rapidly after Fukushima. It was a very Great sense of betrayal. Alexander Brown is an Australian researcher in Japan. He studied the anti nuclear power protests that took off in 2011. He says that betrayal came largely from the fact that Japanese people had been assured that nuclear power was safe that no accident would ever happen. So it was much more than just about Ray, you have to pull out all the specifics of the accident itself. Huge protest broke out in Tokyo, tens of thousands of people marching through city streets and bright costumes, banging drums and Cymbals. And, of course, chanting the main slogans. Just give that one time we opposed nuclear power. The's big protests continued for months and spread to other cities. And even now, there's still protests everywhere. They're smaller, Brown says. And maybe not quite so eye catching, but it's sister and it's not going away. Which has left Japan in a kind of energy conundrum. With all those reactors offline, a lot more coal and natural gas had to be imported energy prices have gone up. As have greenhouse gas emissions. Prime Minister Shinzo Abe and his party have been pushing hard to restart the nuclear power program promising safety But needing to bring down costs and tackle climate change. The government on YouTube keeps saying you could apply the cheapest parcels. People don't trust it anymore. Tatsuo Suzuki is a former nuclear engineer and now professor at Nagasaki University. He says that the disaster and Fukushima made people completely rethink the cost of nuclear power. In broader terms, the social costs ofthe separation in the family. Losing the land losing their jobs. How can you measure all these impacts estimating the risk of nuclear power, But Suzuki says the choice is still a difficult one. When you factor in climate change and needing to reduce the use of fossil fuels, he equates nuclear power with a strong medicine that also has a potentially strong side effect. So which you will choose You may have to choose the nuclear power eventually means Clement chain is absolutely event for the world so the world may have to take medicine on nuclear power. But we have to very, very careful. And you have other choices. I would recommend the nuclear policy last Japan doesn't have a lot of other choices. Slowly, A handful of nuclear reactors in the country have restarted passing new safety regulations. Many more are held up in court battles as local governments refused to take the risk, and even more are slated to be decommissioned as utilities give up on them altogether. Back in Fukushima near Daiichi nuclear worker Kazu Okawa stops the car. And gets out to look at a site. He never thought he'd see tons of radioactive topsoil scraped from the Earth during the cleanup efforts being piled high next to the road. This is in Futaba, his old hometown, where much of the land has been slated as a storage site for this contaminated soil. Okawa says he'll never come back even if evacuation orders for the town are eventually lifted. Another guy who wants to live next to this. This nuclear waste. He shakes his head, almost in disbelief that I thought nuclear power was safe. Isn't thought it was 100% safe. But now, like a lot of Japan, he doesn't want anything to do with it. I'm afraid of nuclear power. In one moment it devastated our home is your home and now, Ochoa says he's 100% against it. Cat Langsdorf NPR NEWS Fukushima, Japan
Environment: NPR
After 2011 Disaster, Fukushima Embraced Solar Power. The Rest Of Japan Has Not
"Before the earthquake before the NAMI and the nuclear disaster Japan got nearly a third of its energy from nuclear power. But after the Fukushima nuclear disaster in two thousand eleven, the country took all of its nuclear reactors off line, which has led Japan to increasingly rely on fossil fuels and also solar power. NPR's cat ORF continues our series on recovery and Fukushima. She only endo is saying a final goodbye. To the home she once shared with her husband and three kids and for Cosima it's less than a mile from the Daiichi nuclear power plant where three reactors overheated and exploded in two thousand eleven. They left fast only taking what they could carry. Their things left nearly exactly as they were the day everything changed to coffee, Cup sit on the kitchen table her daughter's old school uniform is laid out on a bed a calendar on the wall is still flipped to March two thousand eleven. clueless you the kit ago. Muluzi. Nice. This is sad. She says this House System Nice, but we can't come back. She looks around your moon to Ni life is so different diddle do remind us. To start from nothing even less than. A totally reinvent ourselves after the disaster digging up this. She's here to give the keys to government officials. This house will be bulldozed soon and the land used as part of a storage site for radioactive topsoil scraped from the earth and the massive cleanup effort Tschumi heads upstairs. And takes one last look at the bedroom shoes to share with her husband Hitter Yuki. He died a few years ago suddenly. And then she walks back down to hand over the keys. The thing is pretty unceremonious though in reality she only says, she said goodbye to this part of her life. Disaster when her family piled into a car and drove as far south as they go to the southern tip of Japan on the island of Kyushu. Here, she's a single mom to her bubbly ten-year-old son Cagey who was just a baby when the disaster happened, he doesn't remember Shema at all her other two children are grown and live nearby, and she only has found herself within unlikely job running a small solar farm. On a big hill overlooking the tropical landscape Ma hidden is yet. She never imagined. My life would be like this guy when we first moved here, I was in my late thirties my husband was in his forties unanue issue we were like, okay. Do we get new jobs? So we decided to do this. We saw as investment for the future month on her husband worked at the Nuclear Power Plant for over twenty years and for him, the switch to solar was purposeful. He felt that nuclear power had betrayed him do on didn't He grew up really believing nuclear power was safe and then he lost his home to come see today the energy collected by these panels has allowed her to build a new life. The power is sold to the local utility company and brings in thousands of dollars a month when her husband died suddenly a few years ago she only took over the work and the family placed his grave in the center of the solar panels show me walks over to tall marblestone. Hook. With an inscription that says. Good you send do essentially remember that this family is here because of the Fukushima nuclear disaster in two thousand eleven cocoa use. A message to future generations she explains looking away device. My biggest wish is for renewable energy to take over I mean look at my old home, it's going to be a storage site for nuclear waste. We can't deal with that kind of wasted drivers go. Joey's wish might not come true though her family started their business at the right time. The price was so generous and also delegration was sold loose. So anyone can register. Naida is the executive director of the Institute of Sustainable Energy Policies. In Tokyo, he says in the early years after the disaster Japan pushed renewables to help fill energy gap left after fifty four nuclear reactors were taken off line the. Government offered big incentives, new investors, lots of people like me and her husband jumped on board to build smaller operations. incorporations rushed in to build massive solar and wind farms but also the liberation was more strict compensation dropped. It got increasingly harder for alternative energy producers to connect into the power grid edith says, this was partly due to the big utility companies trying to maintain control and the government allowing. It to happen the sitting kind of a body of to north to Laputa increase anymore, the institutions make a big difference that's Jennifer Sclerosis of George. Mason University she studies energy policy in Japan, and she says, there is technology an interest for renewables in Japan, but the bigger power companies in government need to commit if people in place do not watch to implement policies to empower the economics and the. Technology innovation then it can't happen regardless of how advanced technologies earn regardless of how good the economics look many of the major utilities as well as the Japanese government are still waiting to see if nuclear power can make a comeback and renewables just aren't that reliable yet. So in the meantime, I would assume the defaults going to import gas import coal eater agrees is the most the early sick and Not so optimistic future, but one place in Japan that is optimistic about Renewables Hookah Shema the local government here has set a goal for the entire prefecture. The third largest in Japan to be completely fueled by renewable energy by twenty forty. It's a real turnaround for a place where nuclear power ruled only a decade ago especially in the former exclusion zone near Daiichi, there are solar panels everywhere from small ones on roofs and hillsides to massive mega-farms along highways making use of land available after the disaster some of these panels are run by big developers and others are not. Lake the solar panels on farmer. She get Yuki Corneau's field. He's seventy four years old and this land has been in his family for generations he gestures around it. This is all my land, but it's nonsense. Nonsense because it's relatively useless the wind carried radioactive material here after the disaster and the government has scraped off all the topsoil in decontamination efforts. The farmers here can't really far much anymore. So small local power company came and asked sugar. Yuki if they could rent land for solar panels, he said, yes could you go I was really worried after the nuclear accident how would we get power most of his neighbors also agreed but that means everything is different. Now he says there were Rice patties all around here with tiny frogs that created a kind of soundtrack for his life now it's quiet. He misses the frogs a lot and he says, and he doesn't make nearly the same amount of money as he did farming. But She Yuki says he sees this as a necessary change. He has nine grandkids they all live far away now but they were just in town the other weekend for visit running through the fields. Suze my grandparents farmed here my parents do. But now it's time for Change I've realized it's a new season pitcher. This he says looking out over the solar panels is for future. Generations Khatlon store NPR News Fukushima Japan.
Between The Lines
Shinzo Abe: Japan's PM resigns for health reasons
"Well Shinzo Abe was Japan's longest-serving later and he surprised the world last week with his resignation. Now, alibi had been in power at an early stage in two thousand and six, hundred seven, and that I turn was cut short by the same illness that prompted him to leave power in late August. Now, when he departed politics the first time this is in two thousand and seven virtually all the experts they will wrote obeys political obituary however, one Australian diplomat who has fallen Japanese politics closely for half a century he didn't off by indeed he predicted a remarkable political comeback any kept in touch with our by during his wilderness years. When I buy shocked the political world bartending power five years later in two thousand, twelve that Australian as it happens hit become ambassador to Japan and relations between our two nations became close them. Bruce Miller was Australia's ambassador to Japan from eleven to twenty seventeen bruce welcome to our in. Lobby to be here. Join you. Now tell us more about the night show of your relations with. Well look thanks for the very generous comments. Just made just doing my job and that is getting to know everyone matters and bring influence to ban to advance Australia interests now. I had known since I bet a previous postings in Japan had forty association with the country but I suppose it was when I ride back in. Japan in two thousand eleven as ambassador. That I actually sought him out at a time when he was a down and out he was as you said, he'd step down for the prime ministership in two thousand seven a know what he's going to be pm again now I went around calling all sorts of people in my first few months in the job as ambassador and one of the machine. So I've. Talked to him quite a bit of the year or two between my rival and him returning to the Prime Ministership and where Abbott cover all sorts of things in those conversations. Bilateral relations a free trade agreement trans-pacific. Partnership. Even things like immigration and how to handle the US and how to handle. China. Now, that was a golden opportunity for. But as a site was what any of us would do presented with those those very same circumstance. Yeah. Putting comebacks are fascinating story. you think of Churchill Men's as Nixon Howard Netanyahu and of course, Dr Mahalia what kind of characteristics did obey display that made you think he could defy the odds and mount has spectacularly. Was a capacity introspection for for reflection and for pragmatist dressy learned from where he'd gone wrong and realize it was actually okay to change your mind about how you do things to show that sort of flexibility and you know he reflected long and hard after his failed attempt prime minister as to what had gone wrong. And I think he knew he realized he needed to get the economy right and didn't pay that much attention in two thousand, six, seven also realized I. think he needed to have the right people around him to get things done even if they weren't longstanding loyalists that's where it gone wrong in two thousand six too many loyalists and not enough competent people around him. And I think the last thing he realizes he need to centralize more decision making in the Prime Minister's office. And because again, he wasn't in control controlled with things the time round, those three things I can now let's turn to his record empower in Japan now, this was the Wall Street Journal editorial page quote Abe's i-it's office were characterized by he's multi-front campaign to turn Japan into a more normal country. Now, they go on to talk about domestic and foreign policy is that you'll since tubers. Well third not to use the term normal country it was coined by one of his political enemies isn't used matching inside Japan Americans like to use. But as undoubtedly true, he's done an awful lot across the board As the Wall Street Journal. said to change Japan he's is domestically lay studied I is. Mix. Of made a real difference, they can't call the nominee on a Lloyd success at all deregulation has been slow and monetary policy under Kuroda the Bank of Japan another Arrow. In the in the the three hours in. Avi. NOMEX hasn't achieved its goals of two percent inflation or let alone has Japan achieved its goal of two percent growth. But you'd find you'll find that most senior Japanese business people will sign it as stewardship economically has been good enough and look by Morton international standards the Japanese government doesn't have a bad record frankly every year and has being a signature economic reform but had big trade liberalization with had reformer the agriculture sector We've also had some improvements in corporate governance, more independent directors that sort of thing. There's been some progress on female dissipation in the workforce and more recently a more organized prior grandma foreign labor mobility. Down I call it immigration although that isn't the terminology used by the Japanese government. Now, those things seem participation, the workforce and. Immigration they're only stops they should have been started the years democracy doesn't catch up on you quickly it's a long it's a long term process, but it's still a great thing has kicked off with was. The last ten years with those those policies.
Between The Lines
75 years after Hiroshima, they're still feeling its impact.
"This bomb has this frank for twenty thousand tons of TNT. Harnessing, the basic power of the universe. What I fifteen I am on August six, nine, hundred, forty, five, the US Air Force dropped the little boy uranium fission bomb on central hero. Shema. Making it the first city ever to be destroyed by a nuclear bomb. On August nine Nagy became the second when the bomb exploded around thirty percent of Hiroshima's population that were killed instantly many more died in the months and years to come. Now, the bombs brought to an end to world war two but the wool was horrified at the human cost. Russia has since become a byword for nuclear holocaust forever linked to the words never again. Now, this week marks the seventy fifth anniversary of the bombings of Hiroshima and Nagasaki joining me to reflect on the legacy of those events. Tashi. Tauch. She is assistant professor at Georgetown University's School of Foreign Service and the author of political fallout, nuclear weapons testing, and the making of Global Environmental Crosses. Welcome. Tasha. Thanks for having me and Michael Gordon Professor of history at Princeton University and Co. it is a of a new book called the age of Russia. Welcome. Welcome. It's very good to be here. Now, Michael the fear of the nuclear age is the period after World War Two when the US dropped the bomb. The fee was that the nuclear weapons would become a common part of conventional warfare but in the seventy five years since he Russia and Nagasaki, there's not been a single bomb dropped in a conflict. Question is this because deterrence works or have we just been lucky I would say we've mostly been lucky It's quite rare that there are conflicts between nuclear-armed nations. The major example is the nineteen sixty, nine border conflict between the People's Republic of China and the Soviet Union. So there haven't been many occasions for things to escalate, and there's a strong incentive in those cases to de-escalate. There have however been very close near accidents whether missile just that needing on its own or people launching almost launching in fear of an attack and there. Have Been Plenty of conventional wars that could have escalated that way. So by and large, we've been lucky but we've been abetted by the fact that there has been an ambient taboo that has grown over the years against nuclear first use although that is rarely the policy of any nuclear power. Okay. Now from an Australian perspective, Tic- Japan was seen as an aggressor in the war, the war crimes but also as a victim because of the destruction wrought by the nuclear bombs have is the wool remit in Japan now aggressor and victim. Tarshi. Many pass through consider themselves as victims thinking that Japanese were misled by the government inter- Disastrous Wall Conquest. In this view here stands at the as the ultimate symbol of Japanese victim. But today is victim narrative faces two competing accounts. One is to recognize Japan's acts of wartime aggression, including tweeting massacres, forced labor, and sexual violence. If we see hero Shimmer from this perspective, it takes on a whole different meaning not. Not as a national tragedy, but rather as international event. killed not only the Japanese residents but also many colonial subjects and allied. POW's who are present in the city at the time of the Tom Bombing. The other interpretation that has also gained for Japan is to see the wartime conduct Japan as an act of self defense. This This lesion is narrative recaps here. As the ultimate proof of Western aggression. So fitting the predation of Japan's Joel Roles as. Aggressor and victim during the war will gain the upper hand in the future will depend on how sweet society around the world comes together and develops a shared understanding of the complex legacies or Corna reason on the war in the Asia Pacific region and back to the United States markle. There's a popular conception that Washington had to drop the bomb that it was the only way. To win the war, of course, the war in Europe come to an end in May of forty five. This is early August two, forty five is that true I mean what? What President Truman's options? So. This is a great question and it's one with a lot of confusion around it. Functionally. The only way the only government that had any power to end the war was the Japanese government which was in a position to surrender and the question was when would that happen would have happened later or earlier by summer nineteen, forty, five, it was already clear that the war was militarily lost. President Truman and the US government in general had basically fixed options of what they could do to try and encourage the Japanese government to take that move. There's only two that people usually talk about dropping the atomic bomb or invading the home islands of Japan. Both of those were on the table also having the Soviet Union inducing them to enter the wars of belligerent which happened on August eighth increasing the intensity of firebombing tightening the blockade of foodstuffs into the home islands. and modifying the terms of unconditional surrender to allow Japan to keep the emperor. The interesting thing is all six of those happen Truman pursued all sex and the war ended. It's unclear which ones were determinative. But the point is there wasn't like we had one option or nothing else. The US had plenty of options and exercised actually all of them. On the one level target for the bombs was obviously Japan on another level. Real target was the Soviet Union. How did the Kremlin of you? He Russia Mirror Negga? Second Markle. So. Really, the question here is a small set of people within the Kremlin stolen and his closest advisers and you that there was an atomic bomb project going on in the United States for years they've found that out from spies from Britain from spies in the United States, and they had their own uranium enrichment and bomb development program that was going on at I would say a medium scale What happens after the destruction of Hiroshima is I in absented himself for a few days he went into a depression and didn't. React to any of his advisors and then immediately massively escalated the Soviet development of their own atomic bomb. So they were both caught by surprise and not caught by surprise. It's true that the Americans didn't always think about the Soviet Union as a factor in any decision related to how the war was going to end but they also very strongly, we understood that the key issue was trying to get this the Japanese government to surrender faster because the faster they surrendered the less impact. The Soviet entry in the war would have to how the end game would play out in Asia, my guest, Michael Gordon, and Tashi Hitachi, and we're reflecting on the seventy fifth anniversary of Hiroshima. Tashi. One, hundred fifty thousand atomic bomb survivors still living in Japan. In fact, as a guest of Japan's Ministry of Foreign. Affairs this would have been in September twenty, sixteen I met one of one of the survivors now they're all in education and public law has plied an important part in shaping Japan's post-war Pacifism. Now, as generation dies out, is the role of pessimism in Japanese politics is that diminishing especially in the face of Rausing China Toshi? I don't think the passing of the atomic bomb survivors will diminish the strengths of pacifism in any short-term. The correctly memory of human magazine Japan has been fairly robust and the taken deep roots in popular culture. I can think of a good example that is Japanese animated wartime drama film released just four years ago in two thousand, sixteen cold in this corner of the world. This picture accounts of the wartime life in here she was a smash hit in the box office. Be, atomic bomb survivors will also active in passing down lessons from the world's first nuclear war to the next generation. The city's over here streaming nagy training. Many Japanese Ron Tears as storytellers who share the testimonies are waging victims and a second generation survivors are spearheading efforts for peace unjustice. Well, that brings me to today and really in the last that he is the end of the call was thirty years ago the US. And the Soviets on Strategic Arms Reduction Treaty non stop this was President Bush senior and Gorbachev in Russia in the inside at Union. Then just as it was collapsing now, both agree to significantly reduce their nuclear stockpiles and of course, the updated treaty between Moscow and Washington that expose I. Think it's February Knicks Jeez. So that's just a few days after the next president is warning Michael Do you think it will be resigned. I think that's entirely dependent on the results of the election. Joe. Biden has indicated that he would refine the treaty The trump administration has had many opportunities to re-sign the treaty, but they have not taken advantage of those opportunities yet. Russia's indicated that they're very interested in extending
John Rothmann
Atomic bomb dropped on Japan's Hiroshima 75 years ago still reverberates
"Quite realize it was that dangerous. The dwindling witnesses to the world's first atomic bombing marks had 71st anniversary on Thursday. Hiroshima's mayor and others noted that Japanese government refusal to sign a nuclear weapons ban treaty. US dropped its first atomic bomb on Hiroshima on August 6th of