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Sunday, February 21, 2016

Japan News This Week 21 February 2016

今週の日本

Japan News.
Rising Yen Adds to Abe’s Challenges as Japan’s Economy Contracts
New York Times

Anti-whaling activists fail to find Japan fleet
BBC

The fall of Singapore
Guardian

Toshiko Akiyoshi's Jazz Orchestra Brought The Club To Concert Halls
NPR

It’s the season of love: Won’t someone please grab hold of my chin?
Japan Times

Local Responses to Prime Minister Abe’s Attack on Article Nine and the Constitution
Japan Focus

Last Week's Japan News on the JapanVisitor blog

Statistics

Mitsui Sumitomo bank this week lowered its rate of interest for ordinary savings accounts to 0.001%.

At 7% interest, a savings account with no activity - no deposits or withdrawals - will double in value in roughly 10 years. At current rates at Japanese banks, it will take between 200-800 years.

An account with one million yen ($8,747) balance will earn 10 yen (8 cents) after one year.

Source: NHK Radio News

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