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China-Japan Currency Deal Points Way to a New World Monetary Order

China-Japan Currency Deal Points Way to a New World Monetary Order

The agreement announced between China and Japan to strengthen financial ties and promote yuan-yen trade is a small, but notable, step toward a new global economy. Its immediate practical significance is limited, yet the deal signals that a deeper transformation is under way — and one that the world should welcome. The…

Vindicated Seismologist Says Japan Still Underestimates Threat to Reactors

Vindicated Seismologist Says Japan Still Underestimates Threat to Reactors

Dismissed as a “nobody” by Japan’s nuclear industry, seismologist Katsuhiko Ishibashi spent two decades watching his predictions of disaster come true: First in the 1995 Kobe earthquake and then at Fukushima. He says the government still doesn’t get it.…