{"id":3359,"date":"2014-07-09T14:09:24","date_gmt":"2014-07-09T05:09:24","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=3359"},"modified":"2014-11-04T14:10:10","modified_gmt":"2014-11-04T05:10:10","slug":"79-issue","status":"publish","type":"post","link":"http:\/\/www.irken.jp\/gn\/?p=3359","title":{"rendered":"7\/9 Issue"},"content":{"rendered":"

\u201cPolitically nuts\u201d is how the<\/span> <\/i>Wall Street Journal<\/i><\/a> describes a proposal in Germany to ban certain forms of fracking until 2021 \u201cjust when the Ukraine crisis makes clear the need to diversify Europe\u2019s gas supplies couldn\u2019t be greater.\u201d The country has a reported 2.3 trillion cubic meters of domestic shale gas.<\/span><\/p>\n

Speaking of other sleeping resources, Kathy Matsui, who coined the term womenomics, is quoted in <\/span>Institutional Investor<\/i><\/a>, saying \u201cJapan\u2019s GDP could rise by nearly 13 percent if the employment rate of women rose to match that of men,\u201d but considerable barriers to women persist. In light especially of the country\u2019s shrinking population, new governmental policies are aimed at pushing forward necessary but difficult change.<\/span><\/p>\n

That\u2019s not the only unavoidable change awaiting Japan. The <\/span>Financial Times<\/i><\/a> <\/i>writes \u201cJapan has too many banks.\u201d While banks have been reluctant to merge, competition for fewer customers means dwindling margins, while more aggressive banking could have broader benefits: \u201cShake up the banks, and you shake up Japan, Inc.\u201d<\/span><\/p>\n

The U.S. jobs report, meanwhile, brought good news for that country\u2019s economy: 288,000 jobs added in June and the unemployment rate hit 6.1%, the lowest since September 2008. \u201cBehind the good news, however,\u201d the <\/span>New York Times<\/i><\/a> writes, \u201cthere is still enormous slack in the economy,\u201d as wages lag, human capital is \u201cwasted\u201d and part-timers are on the rise.<\/span><\/p>\n

The United States faces additional challenges overseas. <\/span>USA Today<\/i><\/a> asserts that the country needs an approach to ISIS that is \u201cmuch less limited and much more strategic.\u201d The threat in the region is growing wider than just Syria or Iraq, and \u201caddressing it requires support from our traditional Arab friends.\u201d<\/span><\/p>\n

Writing separately,<\/span> <\/i>USA Today<\/i><\/a> reports that ISIS has re-established the caliphate, last abolished in 1924, hoping to \u201cprovide a visible symbol of unity for the world\u2019s Muslims.\u201d But, lacking an agreed upon succession process, \u201cthere are bound to be rivals\u2026. ISIS has vastly raised the stakes and conceivably made itself a target for some fanatical and well-armed enemies.\u201d<\/span><\/p>\n

And in a different corner of the Muslim world, another, secular leader will soon take the stage. <\/span>The Economist<\/i><\/a> describes Prabowo Subianto and Joko Widodo, who are facing off in Indonesia\u2019s July 9 presidential election. \u201cDeutsche Bank reports that if Mr Prabowo wins, 56% of investors surveyed would sell their Indonesian assets and just 13% would buy, while a Jokowi win would cause 74% to buy and just 6% to sell.\u201d<\/span><\/p>\n

****<\/span><\/p>\n

To see the overseas media\u2019s takes on these and other developments, you can browse the Global News highlights in app or at http:\/\/www.irken.jp\/gn\/<\/a>. Links to the original sources are provided above, but please note these are frequently updated. Links that were valid at publication may later be broken.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cPolitically nuts\u201d is how the Wall Street Journal describes a proposal in Germany to ban certain forms of fracking until 2021 \u201cjust when the Ukraine crisis makes clear the need to diversify Europe\u2019s gas supplies couldn\u2019t be greater.\u201d The country has a reported 2.3 trillion cubic meters of domestic shale gas. Speaking of other sleeping […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3387],"tags":[],"class_list":["post-3359","post","type-post","status-publish","format-standard","hentry","category-irc-weekly"],"_links":{"self":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3359"}],"version-history":[{"count":2,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3359\/revisions"}],"predecessor-version":[{"id":3361,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/3359\/revisions\/3361"}],"wp:attachment":[{"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3359"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}