Want to know why Japan’s earthquake recovery efforts are moving in slow motion? Ask the whales. Tokyoites have grown accustomed to shocking news items since the earth shook and the oceans rose: the nuclear meltdown has proven far worse than the government admitted; radioactive cesium made its way into baby food; more leaks were found in the damaged Fukushima reactor; warnings by seismologists still go unheeded. Yet the tale of the whales and the $30 million is what proved most disturbing ― and s

The government is rolling up its sleeves to stimulate start-up activities among young people as youth unemployment worsens.The November job data released by Statistics Korea on Wednesday put the unemployment rate among those aged 15-29 at 6.8 percent, more than double the general unemployment rate of 2.9 percent.While the overall jobless rate improved this year on the back of employment growth in the service sector, the rate among young people worsened.Korea’s youth unemployment figure may not l

Rep. Park Geun-hye has cleared the biggest hurdle to her comeback in more than five years as the leader of the embattled ruling Grand National Party.On Wednesday, she met a group of reformist GNP lawmakers who had vociferously called for dissolving the party to create a new one. They threatened to leave the party should Park reject their demands. Two hot-tempered lawmakers did declare their departure from the party on Monday.Park was in principle against disbanding the GNP. She regarded it as no

It has become even more difficult to implement visible steps that would lessen Okinawa Prefecture’s burdens as the host of many U.S. military bases. The government must recognize that this situation is extremely serious.The armed services committees of the U.S. Senate and the House of Representatives have agreed on revisions to a bill for the National Defense Authorization Act for fiscal 2012, which includes a freeze on the entire $156 million budget for shifting U.S. marines stationed in Okinaw

CHONGQING ― A quiet revolution is happening in China’s hinterland.Breakneck growth spurred by government-led economic reforms has lifted hundreds of millions of people out of poverty and transformed a poor agrarian society into a global industrial powerhouse in one generation. Yet, the second-largest economy in the world is now at a crossroads. Its spectacular success has brought about byproducts such as a large wealth gap and widespread corruption that threaten the sustainability of its develop

Next year is likely to be another tough year for Korean economic policymakers as economic and political uncertainties are likely to mount at home and abroad. Globally, the eurozone sovereign debt crisis is expected to persist, adding fuel to turbulence in global financial markets and aggravating the vulnerability of the Korean economy.The year 2012 is also an election year not only in Korea but in many countries, including the United States, Russia, France and Spain. A leadership change is also

To scientists and environmental groups, the outcome of the recently ended U.N. climate talks in Durban is a big disappointment. Ostensibly, the two-week-long conference, which was attended by more than 190 countries, delivered results. It produced a package of agreements, including, among other things, the extension of the Kyoto Protocol for another five years.The delegates also agreed to launch negotiations next year to hammer out a new legally binding treaty by 2015. The envisioned pact is aim

When it comes to shining a light on the cozy relationships between Wall Street and Washington, and how the rich and powerful get access to things the rest of us don’t, there can never be too many juicy examples. Last month, thanks to Bloomberg Markets magazine, we were treated to the excellent story about how former Treasury Secretary Henry Paulson met with a bunch of bankers and hedge fund managers in New York during the summer of 2008 and shared with them some of his early thinking on the futu

The public is in a foul mood over increasing college costs and student debt burdens. Talk of a “higher education bubble” is common on the contrarian right, while the Occupy Wall Street crowd is calling for a strike in which ex-students refuse to pay off their loans. This week, President Barack Obama held a summit with a dozen higher-education leaders “to discuss rising college costs and strategies to reduce these costs while improving quality.” The administration plans to introduce some policy p

Dramatic climate change in the Arctic is rapidly diminishing the polar ice cover, exposing serious environmental, economic and security issues across the top of the world.Ecological upheaval is producing a long coveted Northwest Passage for shipping, with all its opportunities and complications.U.S. Rep. Rick Larsen, D-Wash., is working to focus congressional attention on giving the U.S. Coast Guard the ability to protect America’s interests. As the ranking member of the House Transportation sub

The legacy of the late North Korean leader Kim Il-sung’s decision in the early 1990s to pursue a strategic partnership with the United States has run its course. In its place, the focus of Pyongyang’s policies has decisively shifted to Beijing. However wary the North Koreans may be of their neighbor, the fact is that from Pyongyang’s viewpoint, the Chinese have delivered and the United States did not.Any shards remaining from the North’s previous, decades-long effort to normalize ties with the U