Japan

Japanese Prime Minister Abe has warned that any reporter or doctor who publicly discloses the truth about Fukushima will face ten years in jail.  Amid the worsening crisis at Unit 2 in the Fukushima Daichi reactor complex, where “unimaginable” levels of radiation are being pumped into the ocean which scientists warn pose a cancer risk to million of Japanese citizens, the government has ordered a complete media blackout on all reports about the dangers this poses to public health.

While we doubt anyone will laugh, we find it amusing that none other than arguably the "last holdout" of ZIRP and then NIRP, BOJ governor Haruhiko Kuroda, finally joined the chorus of people warning that low interest rates will "sow the seeds of the next financial crisis." Echoing concerns voiced by Deutsche Bank and virtually every other bank over the past year, Kuroda said that "a new challenge has emerged in the form of low profitability at financial institutions," adding that rapid growth in shadow banking and new financial technology were bringing big changes to the gl

Millions of Japanese citizens could be at risk of dying from cancer as a result of the increasing amount of radiation pouring out of Fukushima.  According to a shocking report originally published by Fairewinds Energy Eduction (FEE), “Cancer on the Rise in Post-Fukushima Japan,” one million citizens in Japan were thought to be at risk of developing thyroid cancers as a result of the meltdown. That report based its conclusions on the the fact that scientists had understood the radiation levels at the reactor to be around 73 sieverts per hour.

Trump's weekend golf getaway with Japanese Prime Minister Shinzo Abe to Mar-A-Lago (a.k.a.

By Chris at www.CapitalistExploits.at

After Pedro and his tortilla munching amigos south of the US border, Trump's favourite punching bag appears to be China:

I questioned the wisdom of this in last week's World Out of Whack.

Contrary to Trump's claims, China is trying to fight a market which is pressuring the yuan down. We know that China isn't actively pressuring their currency down but rather trying to hold back the outflows.