NYTIMES (Eshe Nelson) - Here’s Why the US Is Helping Prop Up the Japanese Yen
The U.S. Treasury joined efforts in Tokyo to stem the yen’s slide against the dollar, highlighting the broader risks posed by turmoil in Japanese markets.
The U.S. Treasury joined efforts in Tokyo to stem the yen’s slide against the dollar, highlighting the broader risks posed by turmoil in Japanese markets.
Scientists estimates a 70-80% chance of a magnitude-8 to -9 earthquake within the next 30 years around the tectonic plate boundary off Japan’s Pacific coast.
The U.S. has returned a former U.S. Navy housing area in Yokohama to the Japanese government.
Marines on Okinawa have begun fielding three new missile systems that provide the backbone of a critical island defense network.
The aircraft carrier USS George Washington and its escorts joined Japanese warships in the Philippine Sea.
State of the Union: The country sources around 90 percent of its oil through the Strait of Hormuz. The post Amid Iran War-Inflated Prices, Japan Raises Interest Rates to 31-Year High appeared first on The American Conservative .
The Bank of Japan announced Tuesday it would raise rates to a 31-year high—from 0.75 percent to one percent—in anticipation of continued inflation caused by the Iran War. In 2024, the Bank of Japan pivoted from decades of near or below zero interest rates amidst supply shocks. It last raised rates in December of 2025 but had held them steady since. However, the energy supply shock caused by the Iran War has created significant price pressures in the country. Deputy Governor Shinichi Uchida welcomed the framework peace deal announced this week between the U.S. and Iran, but economic analysts expect lingering pressures from the war to persist throughout the year. Japan sources about 90 percent of its crude oil imports through the…Open
'Billions of dollars'
The 374th Airlift Wing integrated with the U.S. Army and Japan Ground Self-Defense Force to execute a joint forcible entry operation during exercise North Wind 26, a joint arctic field training designed to strengthen winter operational capabilities.