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Tag: Japan

Tokyo Bitcoin Exchange Files for Bankruptcy

Tokyo Bitcoin Exchange Files for Bankruptcy

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for. The exchange’s CEO Mark Karpeles appeared before Japanese TV news

Iwo Jima: 'The Ghastly Price of Freedom'

Iwo Jima: 'The Ghastly Price of Freedom'

This Wednesday, February 19, marked the 69th anniversary of the Battle of Iwo Jima. One of the bloodiest battles in the Pacific War and all of World War II, the month-long slug-fest between American and Japanese forces in many ways

The Implications of Low Inflation

The Implications of Low Inflation

As had been predicted, the UK Consumer Price Index (CPI) declined once again — this time to 1.9 percent, down from 2.03 percent. The likelihood of CPI falling short of the two percent forecasts was something I alluded to in my

Volcanic Eruption in Indonesia Closes 3 Airports

Volcanic Eruption in Indonesia Closes 3 Airports

SURABAYA, Indonesia (AP) — Volcanic ash from a major eruption in Indonesia shrouded a large swath of the country’s most densely populated island on Friday and closed three nearby international airports. Local media reported two people were killed when parts

Shaun White Leaves Olympics Empty Handed

Shaun White Leaves Olympics Empty Handed

The Flying Tomato crashed hard. Shaun White entered the Sochi games primed to be the first American to win gold at three straight Winter Olympics. He’ll leave Russia without any new hardware. Switzerland’s Iouri Podladtchikov landed a 1440 jump on

Putin Brings Dog to Meet with Japanese Prime Minister

Putin Brings Dog to Meet with Japanese Prime Minister

Russian President Vladmir Putin brought one of his dogs when he visited with Japanese Prime Minister Shinzo Abe this weekend amid the outrage over the company that Sochi officials hire to kill stray dogs before the Winter Olympics.  Putin’s dog

Only 113K Jobs–How Decadence Breeds Decay

Only 113K Jobs–How Decadence Breeds Decay

The economy created only 113,000 jobs in January, up from 75,000 in December. Colder than normal weather was a factor, but that does not explain two consecutive months of poor performance. These sad results are consistent with a broadly underperforming economy.

US jobs report for Jan. might be hard to interpret

US jobs report for Jan. might be hard to interpret

WASHINGTON (AP) — One of the most highly anticipated U.S. jobs reports in months might also prove to be among the most puzzling. Friday’s report on hiring during January follows signs of economic weakness in the United States and overseas

US Looks at Sanctions on Iceland for Whaling

US Looks at Sanctions on Iceland for Whaling

The United States said Thursday that Iceland was violating an international agreement through its whaling, opening the possibility of economic sanctions over the controversial hunt. The Department of the Interior, in a decision it is required to take under US