U.S., Japan to cooperate on semiconductors as part of new economic dialogue

U.S., Japan to cooperate on semiconductors as part of new economic dialogue

WASHINGTON, July 29 (Reuters) – The United States and Japan launched a new high-level economic dialogue on Friday aimed at pushing back against China and countering the disruption caused by Russia’s invasion of Ukraine. The two long-time allies agreed to establish a new joint research center for next-generation semiconductors during the so-called economic “two-plus-two” ministerial

Even With No Tourists or Fans, Japan Is Already Seeing Economic Benefits From the .4 Billion Tokyo Olympics

Even With No Tourists or Fans, Japan Is Already Seeing Economic Benefits From the $15.4 Billion Tokyo Olympics

JAPAN-TOKYO-OLY-OPENING CEREMONY Fireworks explode over Olympic Stadium during the opening ceremony of Tokyo 2020 Olympic Games in Tokyo, Japan, July 23, 2021. Credit – Liu Dawei–Xinhua/Getty Images With a volley of fireworks at National Stadium, the Tokyo Summer Olympics ended with a bang. In economic terms, though, it felt more like a whimper. The Olympics