The long wait for lower US interest rates
Attention farmers and other business borrowers: Interest rates are going to stay higher longer than expected just a few months ago.
Urban C Lehner in asian news
The US needs more China hands
In 1929 the US Navy sent a group of intelligence officers to Japan for three years to study the language. In retrospect, it was a far-sighted move.
Fed independence key, despite Trump advisors’ view
Before we discuss the plans Trump advisors are hatching to jettison the Federal Reserve’s independence, let’s concede that every president covets the Fed’s power to set interest rates.
US is no longer the arsenal of democracy
For the first several decades after World War II, the United States championed free trade. Exporting sectors like agriculture benefited from it. Many economists still support it.
The dots connecting TikTok, US Steel and Chinese land buys
The House of Representatives passes a bill requiring China’s ByteDance to sell TikTok to an American owner or be banned. President Joe Biden denounces Nippon Steel’s acquisition of US Steel, saying it must remain American-owned. Legislation to ban Chinese ownership of farmland is introduced in Washington and state capitals.
Can startups cure Japan’s economic stagnation?
China, Mexico and Canada account for such a large share of US agricultural exports that it’s easy to forget about Japan, the country from which I’m writing this post. That’s a shame, because Japan is important to American commercial farmers.
US Steel sale reaction evokes ’80s Japan bashers
If glittering history is the measure, few American companies can rival United States Steel. Legendary names like Andrew Carnegie and JP Morgan were involved in its creation 120-plus years ago. It was once the world’s most valuable company. It was once the world’s largest steelmaker.