Word: yukio
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...Ichiro's grandson Yukio is taking a shot. In a major turning point for modern Japan, Yukio Hatoyama's Democratic Party of Japan (DPJ) won a landslide victory in parliamentary elections last year, tossing out the staunchly pro-U.S. Liberal Democrats, who had reigned almost interrupted since 1955. Hatoyama, 63, with an engineering Ph.D. from Stanford University, followed his granddaddy into the Prime Minister's post and immediately set about changing Japan's economy, government - and relationship with the U.S. "It was always in response to what the U.S. had to say that Japan followed," Hatoyama told TIME...
...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 as vitally important to its global security priorities. In January, Hatoyama ended the refueling missions in the Indian Ocean, just as Obama was ramping up operations in Afghanistan. Most irritating...
...Japan also stands as a warning to those who think tough decisions can be delayed indefinitely. Japan's public finally seems ready for something new. Voters last year tossed out the Liberal Democrats, who had governed almost uninterrupted since 1955. The new sheriff in town is Prime Minister Yukio Hatoyama of the Democratic Party of Japan. He's at least talking new ideas: reforming the government, improving the social safety net, cozying up to Asia. But his options are constrained by the mess built up over two decades of inaction. He's confronting an unsustainable fiscal position and an economy...
Spending the bulk of her time in Japan, Faust met with Japanese Prime Minister Yukio Hatoyama to discuss the declining number of Japanese students studying at American universities—something Hatoyama, who studied at Stanford, said he wished to address, according to Harvard history professor Andrew D. Gordon ’74, who participated in the meeting...
...also inevitable. Pressure is building on political leaders to prove they're serious about getting their countries' finances in order. In late January, S&P warned that it could downgrade Japan's sovereign rating if the new administration of Prime Minister Yukio Hatoyama doesn't rein in the deficit. In his January State of the Union address, President Barack Obama pledged to freeze discretionary fiscal spending for three years starting in 2011. "Like any cash-strapped family, we will work within a budget to invest in what we need and sacrifice what we don't," Obama said. (See pictures...