Word: tokyo
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Dates: during 1970-1979
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With morning coffee in Washington (where it was 8:17 a.m.) and French champagne in Tokyo (where it was 9:17 p.m.), the U.S. and Japan last week formally signed a treaty restoring Okinawa to Japanese control. The simultaneous ceremonies, the first of their kind ever to be linked by a satellite television circuit, came 26 years after the U.S. capture of the island in one of the last and bloodiest battles of World War II. They marked the return of the last Japanese territory won by U.S. forces during...
Tange designed the Tokyo City Hall, the Stadium for the 1964 Olympic Games in Tokyo, and the Peace Memorial Park in Hiroshima...
...solemnly insisted had never been uttered. The alleged non-remark was a request that Japan increase the value of the yen, and it supposedly was not made by U.S. Assistant Secretary of State Philip Trezise at an informal meeting of U.S. and Japanese government officials at Lake Kawaguchi near Tokyo...
Grating Noise. To officials in Tokyo, those threats seemed too draconian to be believed. A special U.S. tariff lasting until the yen was revalued enough to please Washington would amount to an unprecedented and almost unimaginable action; the U.S. would be attempting to blackjack a friendly nation into fixing a value for its money that Washington in effect would decide. Finance Minister Fukuda dismissed that talk as a zatsuon (grating noise). A Tokyo banker added that the idea of cutting U.S. shipments of raw materials to Japan was "reminiscent of the eve of Pearl Harbor, when the Roosevelt Administration placed...
Outside the government, however, more and more Japanese are coming to recognize that the nation cannot forever maintain a patently undervalued currency and continue to enjoy relatively free access to foreign markets, particularly to the U.S. Tokyo economists reluctantly concede that a 5% yen revaluation is likely by this fall, or perhaps sooner, and some businessmen are beginning to act as if it were inevitable. Japanese shipbuilders, for example, are demanding that foreigners signing contracts for oil tankers agree to pay in yen, rather than in foreign currencies that may be worth fewer yen by the time the ships...