Eight years after Fukushima, nuclear power is making a comeback

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Katharine Rooney, Senior Writer, Formative Content Eight years after the Fukushima disaster, Japan’s nuclear power industry is rebounding. Its government has given initial approval for the Onagawa reactor to restart. The country plans to generate 20% of its […]

Onagawa’s spirit of togetherness: lessons from the 2011 tsunami

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Naoko Tochibayashi, Public Engagement Lead, World Economic Forum, Japan November 5 is World Tsunami Awareness Day. According to the United Nations: “In the past 100 years, 58 tsunamis have claimed more than 260,000 lives, or an average of 4,600 […]

Japan’s agro-food sector would benefit greatly from policies to boost innovation, entrepreneurship and sustainable resource use

This article is brought to you in association with OECD. Japan’s agriculture sector has traditionally been characterised by small-scale rice production, but has recently begun to respond to new market opportunities for higher value food products across a rapidly growing East Asia. Today, rice represents less than 20% of the value of agriculture production, and larger, […]

How Japan can take the lead with an ageing workforce

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Makiko Eda, Chief Representative Officer, World Economic Forum Japan, Member of the Executive Committee Japan, like many countries around the world, faces the transformative effects of Globalization 4.0, as Fourth Industrial Revolution technologies put pressure on existing economic and […]

6 charts that show how Japan’s economy stacks up as it enters a new era

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Formative Content Japan has entered a new era: following the abdication of his father, Emperor Akihito, Emperor Naruhito has ascended to the throne. He may have no political power under the Japanese constitution, but […]

This Japanese town has banned urban sprawl

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content Waves of up to 50 feet virtually wiped the Japanese port town of Onagawa off the map in 2011. At a magnitude of 9.0, Japan’s largest-ever quake and resulting tsunami killed 16,000 people and destroyed 122,000 […]

Japan’s population is shrinking by a quarter of a million people every year

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content How do you stop your country’s population shrinking? While some obvious suggestions may spring to mind, coming up with policy responses is not often simple. Nowhere is this felt more acutely than in […]

Draghi: ECB to flood Eurozone and the world with more zero cost money; risk of drowning in cash

Last Thursday, the European Central Bank decided to start again feeding the bankers with more zero cost trillions. This was a surprise to many, because everybody thought the €2.6 trillion the ECB has already handed to banks free of charge were enough. Seemingly, Mario Draghi thinks it is not and hurried to invite the bankers […]

Three reasons to be optimistic for the future of Asia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. This article is part of the World Economic Forum on ASEAN. The challenges that South-East Asia faces are emblematic of the major global issues that world leaders have agreed to act on. Despite consistent economic growth over last […]

The Japanese idea of ‘chowa’ – and how Asia can thrive in the future

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Ken Kawai, Chief Regional Officer, Asia Pacific, Mitsubishi Heavy Industries (MHI) There is nothing gentle about revolution. It heralds profound and rapid change. That’s exactly what’s coming in the Fourth Industrial Revolution, the impact of which will be […]

EU and Japan ratify first FTA ever to include Paris Climate Agreement provision

Shinzō Abe, on the right, and Jean-Claude Juncker at EU-Japan Summit in Tokyo last week. (Copyright: European Union, 2018 / Photo: Etienne Ansotte)

In the week that US President Donald Trump called the European Union a “foe”, and reaffirmed his will to hit China with more duties on imports, Brussels signed a wide-ranging free trade deal with Japan. At the 25th EU-Japan summit in Tokyo last week, the leaders of the two areas indeed finally sealed two landmark […]

Cultural diversity can drive economies. Here are lessons from India and South Asia

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Dietrich Reetz, Senior Research Fellow and Senior Lecturer in Political Science, South Asia, Leibniz-Zentrum Moderner Orient In times when globalization seems to challenge local certainties, people often rediscover their emotional, cultural and religious identities, and project them onto […]

EU cuts fast-track free trade deals with Japan and Singapore and leads the trade scene

Containers at the port of Tokyo. (Copyright: European Union, 2016. Source: EC - Audiovisual Service. Photo: Haruyoshi Yamaguchi)

Last week, the European Commission presented the outcome of the negotiations for the Economic Partnership Agreement with Japan, formally putting forward the proposed trade deal with the Asian country for fast-track approval. Once signed, the EU-Japan agreement would represent the most important trade agreement ever negotiated by the EU, and Brussels is now officially pushing […]

Who is to pay the dearest price in a global slowdown?

What happens in China is more important for the European economy than a meagre fall of unemployment in the Eurozone. Last Tuesday, China said its February exports dived by a record 25.4%, fuelling new fears for a bigger slowdown in the world economy. At the same time, a Press release by Eurostat, the EU statistical […]

G20 World Exclusive Interview: “The world, especially emerging economies and developing countries, require a more sustainable and quality development”, the Spokesperson of Japan underscores live from Antalya Turkey

On 16 November 2015, the second day of the G20 Leaders Summit in Antalya Turkey, the European Sting conducted a world exclusive interview with HE Mr Yasuhisa Kawamura, Spokesperson and Director-General for Press and Public Diplomacy of Japan. The comprehensive interview was taken by Panos Katsampanis, Co-Founder of the European Sting, and took place inside a suite […]

The European Sting writes down the history LIVE from G20 Leaders’ Summit in Turkey

Just a few days now remain until the world’s highest level Summit where the 20 most powerful leaders will convene. This year the exclusive G20 Leaders’ Summit will be taking place in Antalya Turkey on 15-16 November 2015. The Sting, faithful to the tradition it has created to cover the world’s most important Summits, like the […]

A Sting Exclusive: “On the road to Japan-EU Economic Partnership Agreement”, by Ambassador Katakami of the Japanese Mission to the European Union

The twelfth round of negotiations on the Japan-EU Economic Partnership Agreement (EPA) /Free Trade Agreement (FTA) (EPA/FTA:hereafter referred to as EPA) was held in Tokyo from the 14th to the 18th of September, 2015. Just as with every negotiation we have been through up to this point, officials from Japan and the EU have worked closely […]

A few, or rather two, trade and economic alliances may rule our brave new world

Jean-Claude Juncker, the EU Commission President together with the Japanese Prime Minister Shinzo Abe gave a Press conference following the 23rd EU-Japan Summit which took place in Tokyo on 29 May. The focal point of the meeting was supposed to be the free trade agreement (FTA) between the two sides. However the EU dignitary spoke […]

The banks first to benefit from the new euro trillion ECB plans to print

Last week, all the major media reported a deep division in the Governing Council of the European Central Bank, over a Mario Draghi policy proposal to pump more freshly printed money into the struggling Eurozone economy. Nevertheless, the European Sting very early in the morning of Thursday 6 November, before the meeting of the Council, […]

Why the West supports the yen’s devaluation and Japanese over-indebtedness

While the ministers of Finance of seven major industrialised countries making up the G7 council agreed pompously last weekend that monetary devaluations should not be used as a home economy revitalisation tool, Japan doing exactly that got a pat on the back and was  given the green light to continue on the same path. The […]

EU threatens Japan to suspend FTA negotiations if…

The two Presidents of the EU, José Manuel Barroso of the Commission and Herman Van Rompuy of the Council couldn’t fly yesterday to Tokyo for the EU-Japan Summit, due to the ongoing developments around the Cyprus issue. This was not enough however to impede the beginning of negotiations for the conclusion of a Free Trade […]

Everybody against Japan over yen’s devaluation

Yesterday, Jörg Asmussen, Member of the ECB’s Executive Board speaking in an interview to a Greek newspaper said, that the issue of the Japanese yen devaluation should be referred to the G7 and the G20 councils. He added that if each-one goes for himself with national currency competitive devaluations, the outcome will be catastrophic for […]

Japan to invest in euro values

Japanese minister of Finance Taro Aso early on Tuesday 8 January said his country will invest some of its huge foreign reserves in European Stability Mechanism debt paper. Japan is second only to China in foreign-exchange reserves with $1,274,160 million. Chinese foreign reserves are anything around $3.2 trillion. Almost instantly after the Taro statement the […]

EU to negotiate an FTA with Japan

On 29 November 2012 the European Council decided to give the Commission ‘the green light’, to start trade negotiations with Japan, aiming at the conclusion of a Free Trade Agreement between the two sides. As Sting has already noticed the EU has embarked over the past few years on a huge operation, to conclude FTAs with […]