At the Sea People restaurant in Shima, a hamlet on Japan’s eastern coast, sea-diver Machiyo Yamashita wants a piece of a tourism industry dominated by the cities that sapped her town’s vitality by luring away its youth.
As Japan girds for a wallop to spending from a looming sales-tax increase, discussion in the nation’s parliament turns to history -- not to 1997, when the last bump in the levy helped trigger a recession, but to 1937.
The following is a reformatted version of President Barack Obama’s State of the Union address to the U.S. Congress, as prepared for delivery yesterday. The remarks were released in an e-mailed statement by the White House.
President Park Geun Hye, who became South Korea’s first woman leader by promising a more “creative economy,” begins her second year vowing to pursue the unprecedented prosperity she said will result from unification with North Korea amid flagging interest from many citizens more than six decades after the peninsula’s war.
South Korean President Park Geun Hye said her nation will seek to join the Trans-Pacific Partnership trade talks and wants progress toward a commercial deal with China this year, as an appreciating won threatens exports.