The Pacific : JAPAN
- Share via
Call for Cut in Interest Rates Rejected: Some members of the Japanese parliament from the ruling party called for another cut in interest rates last week, and prominent party member Shin Kanemaru publicly endorsed a half-point cut, but Bank of Japan Gov. Yasushi Mieno rejected the idea. Mieno insisted that there is no sharp economic downturn in sight and no need to stimulate the economy. The LDP, whose candidate was battered by a Democratic Socialist in a Nara by-election, is showing growing nervousness about the economy. It faces an election for the upper house of parliament and possibly a general election this summer. The Bank of Japan has dropped its discount rate three times since last July.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
More From the Los Angeles Times
Podcasts
John Orr was a renowned fire investigator who was also a prolific arsonist, and whose thinly veiled novel helped to convict him. In this episode we hear from the fire captain who first suspected him—and from Orr himself.
Madison McGhee is joined by legendary Dateline host Josh Mankiewicz and esteemed L.A. Times Reporter Richard Winton as the three of them dive into all-things Menendez Brothers, the good, the bad, and the still unknown.
NPR climate editor Sadie Babits talks about why the media has long overlooked the climate crisis, and how that’s starting to change.
