Japan govt members consider printing new money

While most of the world’s economies come to terms with the massive crash of the international finance system, Japan instead finds itself in a familiar situation. The world’s second-largest economy had just pulled itself out of fifteen years of stagnant growth when the global financial crisis hit, and its central bank had tried almost everything … Continue reading “Japan govt members consider printing new money”

Japan proposes language tests for foreigners

Citing further anti-terrorism intiatives, Japan is set to consider requiring long-term foreign residents and workers to have local language ability. Foreign Minister Masahiko Komura made the statement Tuesday, with a senior Foreign Ministry official confirming to Radio Australia that the department should pursue the terms of the new requirement quickly. The comments have not been … Continue reading “Japan proposes language tests for foreigners”

Japanese turn to robots in skills shortage

While population growth continues to explode in most of the poorer nations on Earth, many of the most affluent nations are facing declining birth rates and a scarcity of young workers to look after the new majority — the elderly. As Michael Caronna in Tokyo explains to Adam Connors, the Japanese are coming up with … Continue reading “Japanese turn to robots in skills shortage”