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Honda to Launch Electric Vehicles in Europe in 2019 (News)

Tokyo, Sept. 12 (Jiji Press)—Honda Motor Co. on Tuesday announced plans to sell electric vehicles in Europe from 2019, with Britain and France aiming to ban sales of fossil-fuel vehicles by 2040. The Japanese automaker will make motor-driven versions--electric, hybrid or plug-in hybrid vehicles--available whenever it releases a new vehicle model in Europe from now on, while scaling back sales o…

Debate Persists Over WWI BlameSven Saaler

A hundred years have elapsed since the outbreak of World War I. The conflict became a “world war” when Japan declared war on Germany on August 23, 1914, joining Austria-Hungary, Serbia, Russia, Germany, France, and Britain in the fighting. Until the hostilities expanded to the Middle East with the entry of the Ottoman Empire in November 1914, only Japan’s participation gave the war its global di…

Behind the New Abe Diplomacy: An Interview with Cabinet Advisor Yachi Shōtarō (Part Two)

In the second half of our interview with Special Cabinet Advisor Yachi Shōtarō, the veteran diplomat speaks out about key foreign-policy challenges facing the Abe cabinet, including controversial plans for the relocation of US Marine Corps Air Station Futenma, resolution of the Northern Territories dispute with Russia, and the negotiation of multiple free trade agreements.

Risk-Taking Investors Welcome AbenomicsItoh Motoshige

Abe Shinzō has taken over as prime minister for the second time. The market and the political world have welcomed his arrival and especially his message that, for the time being, vanquishing deflation will be his top priority. As a result, the overvalued yen has undergone some correction, and stock prices have made large gains. While his administration is still working out the details of its polic…

Partnering with Europe to Expand Diplomatic OptionsSakai Kazunari

The first Diplomatic Bluebook, published in 1957, established three central pillars for Japan’s diplomacy: foreign policy collaboration with nations of the free world, diplomacy centered on the United Nations, and adherence to a position as an Asian nation. Since then, the various government cabinets have built their foreign policy platforms on these principles. Collaboration with nations of the f…

Signs of Hope in 2012?Itoh Motoshige

The world economy faces numerous risks and uncertainties in 2012, including the fiscal and financial crises in Europe, changes of government, and elections in major countries. Pessimists are having a field day with these problems, but Itoh Motoshige, a professor at the University of Tokyo, argues that we should keep an eye on positive economic prospects, too, both in Japan and overseas.

The Fiscal Crisis in Advanced Democracies and Issues for JapanKatō Izuru

The advanced democracies of Japan, Europe, and America are all facing fiscal crises due to swelling deficits. Among them, Japan seems to have the most dysfunctional political system. Economist Katō Izuru offers his recommendations for fiscal rehabilitation.

A New Year for Nippon.com

Nippon.com went live in October 2011 to bring information on “the real Japan” to a global audience. Shiraishi Takashi and Harano Jōji discuss the prospects for Japan, Asia, and the global economy as the website enters its first full year of operation in 2012.

The Uncertain Future of Japan’s Machine Tools IndustryHikosaka Masao

Sometimes referred to as “mother machines,” machine tools are vital to the manufacture of components for everything from cars to domestic appliances. In 2010, Japan was overtaken by China as the world’s number-one producer of these machines by value—a position it had held for 27 years. With Taiwan and South Korea also catching up fast, what does the future hold for the Japanese machine tools industry?

The “Shale Gas Revolution” and JapanMorikawa Tetsuo

The rise in production of gas from sedimentary shale in the United States has dramatically changed that country’s natural gas market and affected the European market as well. The impact has extended to Asia too, including Japan, where the March earthquake and subsequent nuclear plant disaster have led to increased demand for LNG.

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