Word: ozawa
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...Japan, there's a clear recognition of the economic link between feeling safe and feeling confident. In a March 7 interview with TIME in Tokyo, Ichiro Ozawa, the leader of the opposition Democratic Party of Japan and the front runner to be Japan's next Prime Minister (if he can avoid the fallout from a scandal over political fundraising), said "giving a sense of security to the population" was key to economic recovery. Ozawa argues that only if families feel that their basic needs have been taken care of - needs like health care and provision for retirement - will they...
...doubtful that Yosano will be able to turn things around. Yosano claims he taught Ichiro Ozawa, the leader of the DPJ, the chess-like game of go. But the last time that Yosano and Ozawa played a match, Ozawa won. With the LDP reeling, it appears Ozawa now holds the political advantage as well - and this will affect whether the government is able to take more decisive action to combat the economic downturn. While Aso's Cabinet in December approved $811.9 billion in stimulus spending, little of that money has been put into action. Other measures are seen as piecemeal...
...visit Obama's White House offers a ray of hope that the world's two largest economies are cooperating to solve the economic crisis. But the honor was hardly an unvarnished vote of confidence. During her Japan stopover, Clinton took an unusual side trip by also meeting with Ozawa, the DPJ chief. Is Washington expecting a sea change in Japanese politics? During a period of unprecedented economic turmoil, it's wise to hedge your bets...
...already named Minister of the Economy Kaoru Yosano, 70, as Nakagawa's replacement. Yosano, who claims he taught DPJ leader Ichiro Ozawa to play the chess-like game of Go, will now wear three hats in Aso's government, running the ministries of economy and finance and the Financial Services Agency, which oversees banking. A fiscal conservative, Yosano was runner-up to Aso in the LDP elections last September. If things get much worse for the Prime Minister, there is even talk that Yosano could become the new head of the party and lead it into upcoming general elections...
Just two weeks after Music Director Laureate and legendary conductor Seiji Ozawa returned to the Boston Symphony Orchestra for a spectacular all-French program, it was Maestro James Levine who took the podium Saturday night for an ambitious program featuring works that span the spectrum of musical genres. From the classical symphony of Beethoven’s 7th to the Neo-classical ballet of Stravinsky’s “Rite of Spring” to the new horn concerto of famed American composer Elliott Carter, concertgoers young and old indulged in another musical treat of the highest quality...