Japan's national debt sets record
NHK -- Feb 10
Japan's national debt has reached a new high, despite government efforts to restore fiscal health.

The Finance Ministry says at the end of last year, government debt topped 1,100 trillion yen -- about 10 trillion dollars -- for the first time.

The figure translates to about 79,000 dollars for each resident of Japan.

The bulk of the debt comes from government bonds, issued to cover ballooning social insurance costs due to the graying population. Loans and short-term securities also make up part of the debt.

More bonds are set to be issued in the fiscal year beginning April. The government's budget bill calls for about 296 billion dollars in bond issuance, aimed at covering a revenue shortfall.

News source: NHK
Apr 05
Far fewer people were on the streets of shopping areas in Tokyo and other cities in Japan on Saturday, after authorities issued stay-at-home requests in the wake of the rapid spread of the new coronavirus. (Japan Today)
Apr 05
When reports of a mysterious pneumonialike illness first cropped up in China at the end of last year, Yutaka Tokue, head of the infectious disease and prevention division at Japan's Gunma University, knew the disease would eventually arrive in his home country. (Nikkei)
Apr 05
There has been much talk in Japan recently about the imminent danger posed by an “overshoot,” a word used with no Japanese translation, little context and an apparent disregard for the English language, baffling English and Japanese speakers alike. (Japan Times)
Apr 05
Winter is over, and in any normal year that would be cause for celebration. But in this COVID-19 spring, nothing is normal: Tokyo’s streets are empty, especially in the evening — and so are restaurants across the city. (Japan Times)
Apr 05
A cluster of 7 infections of the novel coronavirus has been traced to persons who were present at a hostess club in Gifu City last month, the city government has revealed, reports the Asahi Shimbun (Apr. 3). (tokyoreporter.com)
Apr 05
Tokyo residents will be asked to refrain from leaving home but essential services will continue operating should Japan declare a state of emergency due to the novel coronavirus, Gov. Yuriko Koike said. (Japan Times)
Apr 05
With Prime Minister Shinzo Abe’s government stuck on the brink of declaring a state of emergency that might lead to a lockdown, Japan’s restaurant, bar and chain stores are taking matters into their own hands by voluntarily shuttering hundreds of stores to help curb the spread of the coronavirus. (Japan Times)
Apr 05
The Japanese government will support a drive to boost production of the flu drug Avigan as a treatment for the novel coronavirus, with the aim of increasing stockpiles to triple the current amount, Nikkei has learned. (Nikkei)
Apr 05
Double-income families raising children in Tokyo are under growing pressure to cope now that Japan's school closure request is expected to be extended due to the worsening coronavirus outbreak. (Nikkei)
Apr 05
As governments introduce social distancing rules of varying strictness to combat the COVID-19 pandemic, the question of how long these measures should remain in place will likely spark vigorous debate. (Japan Times)