Word: markets
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...become closer than ever. Japan backed America's antiterror campaign, for example, by marshaling refueling missions in the Indian Ocean to support U.S. forces in Afghanistan. Japan was looking more American at home as well. Under Junichiro Koizumi, Prime Minister from 2001 to 2006, the government adopted several free-market reforms to try to restore growth to the perpetually sluggish economy...
...Hatoyama has thrown those policies in reverse. Critical of what he has called U.S.-led "market fundamentalism," Hatoyama has rejected Koizumi's now unpopular market reforms and is steering the economy toward something akin to a European-style welfare state with a wider government-funded social safety net. Though Hatoyama has continued to stress the crucial nature of the U.S.-Japan alliance and his friendly relationship with President Barack Obama - "We have come to call each other Barack and Yukio," he said during Obama's November visit to Tokyo - he has also backed away from policies that Washington views...
...provide a clear direction on policy or control a three-party ruling coalition that is a grab bag of politicians with contradictory ideologies, from relative conservatives to outright socialists. Open disagreements have broken out between Cabinet members, especially over the controversial privatization of Japan's postal system - a free-market initiative begun, not incidentally, during Koizumi's term as Prime Minister. "Whenever you try to get down to reforms you're bound to face difficulties," Hatoyama says, but he insists he has the support of the DPJ and is working cooperatively with his coalition partners. (See the new activism...
What: Experience the hustle and bustle of a traditional night market in Taiwan without leaving the comfort of Harvard Yard. Come for the fun games and spectacular shows, but stay for the delicious food: scallion pancakes, potstickers, and bubble tea (!!!!) among other options...
Montana, who has been planning to open the store for the past three years, said he hopes Tesoro will fill a niche in the jewelry market in Harvard Square by offering products “with a twist...