U.S. Government to Purchase Japanese Seafood for the Military Despite Fukushima Radiation Concerns

via naturalnews: The government of the United States recently announced that it has agreed to purchase Japanese seafood for its military to help ease the economic fallout from Japan’s decision to release radioactive wastewater from the damaged Fukushima Daiichi Nuclear Power Plant into the Pacific Ocean.   In an interview, U.S. Ambassador to Japan Rahm Emanuel said the …

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Yen Poised to Break-Out vs USD – Higher Japanese Yields & Yen Carry-Trade Capital Repatriation – reduced bubble juic

by j_stars The Japanese yen is poised to break out against other major currencies, as bond yields in Japan are set to surge. This could reduce the financing of US markets by Japanese investors, and put downward pressure on the dollar. Fed Repo Facility Sinks Below $1 Trillion as Bills Stand Out (Bloomberg) — The …

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Japanese Banks in Turmoil: SoftBank Records $6.2 Billion Quarterly Loss Amid WeWork Woes and Tech Investment Challenges

Japan’s SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour Tokyo-based SoftBank loss totaled 931 billion yen ($6.2 billion) in the last quarter, a reversal from the 3 trillion yen profit it posted in the same period a year earlier. …. That has been highlighted by the troubles at WeWork, which …

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Japanese Yen’s Disastrous Fall: Worth Less Than a Single Sheet of Toilet Paper

The Japanese yen has been toast. It’s been a few years since they surpassed the toilet paper threshold. 1 sheet of toilet paper was worth more than 1 yen, meaning you could save money by wiping your a$$ with money. https://duckduckgo.com/?q=yen+to+usd&t=brave&ia=currency The yen's weakness is not only evident to MYR, but all currencies in general, …

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The struggles in China’s real-estate industry and weak Chinese domestic demand pose a risk to the Japanese and global economies, Japan’s new economy minister says.

Yoshitaka Shindo, who assumed the cabinet post earlier this month, said that because China accounts for nearly a fifth of Japan’s exports, the Chinese economic troubles could cause Japan’s economy to move a notch downward. Potentially, “the impact is really big” given China’s central role in the global economy, Shindo said in a group interview …

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Japanese bond yields are running.

by j_stars The era of free money and repeated financial bubbles driven by loose central banks is over. Japanese 10 Year Bond Yield And Japan’s free money has been fueling US asset bubbles for decades through the carry trade. Imagine holding a negative rate long bond and rates shoot to 5+% suddenly. BOJ Loosens Grip: …

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140 million Japanese need to ditch their failing yen for precious metals as the BoJ outdoes even the Fed when it comes to Keynesian monetary fraud

https://twitter.com/NorthmanTrader/status/1699771572180090967 China dumping its US Treasuries while converting Yellen Bux into gold doesn’t bode well for the dollar’s long run as the world’s reserve currency Estimated Chinese Official Gold Reserves Cross 5,000 Tonnes via Gainesville Coins: My estimate for China’s official gold reserves reached 5,029 tonnes by the end of June 2023. In the first …

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Japan is pumping contaminated Fukushima nuclear waste water into the Pacific; China suspends all Japanese seafood imports

This is the moment when Japan started releasing treated nuclear water from its Fukushima plant into the Pacific Ocean today: pic.twitter.com/h4NMt1uaDi — unusual_whales (@unusual_whales) August 24, 2023 New plans to dump waste from the Fukushima Daiichi nuclear plant into the ocean could create mutant animals, an expert has hinted. Tokyo Electric Power Company Holdings (Tepco) …

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Japanese Scientists Develop Novel, Completely Solid, Rechargeable Air Battery

Japanese Scientists Develop Novel, Completely Solid, Rechargeable Air Battery https://t.co/v3kW5E8TK3 — Metro COLA (@MetroCOLA) August 7, 2023 In this first-of-its-kind battery, a benzoquinone-based negative electrode is used alongside a solid Nafion polymer electrolyte. Metals traditionally serve as the active materials for the negative electrodes in batteries. However, there’s been a shift towards using redox-active organic …

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Japanese Investors Shift Away from U.S. Bonds Amid Rising FX Hedging Costs and Anticipated Higher Yields

by Chris Black Japanese investors have already begun adjusting investment portfolios away from U.S. bonds in light of rising FX hedging costs (https://archive.is/BGtTQ) and in anticipation of higher JGB yields (https://archive.is/8MWKR). Official sector data (https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html) show a notable decline in Japanese holdings of Treasuries, a slight decline in Agency MBS, and a modest increase in …

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Turning Japanese? I Really Don’t Think So

Here are 10 ideas San Francisco can import from Tokyo to save downtown. San Francisco is at a pivotal moment. With foot traffic down 31% from pre-pandemic levels, and over 54,000 residents permanently gone, the need for a compelling new vision to revitalize our urban infrastructure is paramount — especially downtown. I recently had the privilege of …

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Hong Kong plans widespread BAN of Japanese sea products if Fukushima dumps nuclear water into the ocean

via naturalnews: Japan’s plan to discharge nuclear wastewater from the Fukushima nuclear power plant over the next three decades has prompted officials in Hong Kong to propose a very widespread import ban on Japanese aquatic products. Hong Kong Special Administrative Region Chief Executive John Lee recently said the city will ban seafood products from at …

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Oregon: ‘Youth’ Knocks Down Elderly Japanese Diplomat In Downtown Portland Required Ambulance For Head Injuries

https://twitter.com/weciv01/status/1681145685603938304?ref_src=twsrc%5Etfw PORTLAND, Oregon — The top Japanese diplomat in Oregon was the target of an unprovoked attack last month in downtown Portland, according to court records. Yoshioka Yuzo, the Consul General for Portland’s Consular Office of Japan, was walking near Southwest Park Avenue and Oak Street when he was pushed to the ground by a …

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