Feature

An aggressive agenda

The week's news at a glance.

Tokyo

Prime Minister Junichiro Koizumi moved quickly this week to push a tough, reformist agenda after easily winning re-election as leader of Japan’s ruling Liberal Democratic Party. Koizumi surprised many political observers by appointing a Cabinet dominated by economic reformers, including his controversial banking czar, Heizo Takenaka. Takenaka has helped push a policy of forcing Japan’s troubled banks to write off their nonperforming loans. Many among Japan’s insular financial and political elite have opposed such bitter medicine. In another key appointment, the prime minister named Sadakazu Tanigaki, a 58-year-old lawyer, to replace his ailing finance minister. Tanigaki is expected to try to tame the nation’s staggering debt by cutting spending and raising revenues.

Recommended

Thailand is turning plastic waste into personal protective equipment
A monk in Thailand wearing PPE made from plastic bottles.
getting creative

Thailand is turning plastic waste into personal protective equipment

Taliban foreign minister asks to address the United Nations
Taliban Foreign Minister Amir Khan Muttaqi.
seeking legitimacy

Taliban foreign minister asks to address the United Nations

Xi Jinping may have just signaled the end of international coal financing
Xi Jinping.
climate change

Xi Jinping may have just signaled the end of international coal financing

French still unhappy with Biden, but Boris Johnson stays positive
Boris Johnson.
'breath of fresh air'

French still unhappy with Biden, but Boris Johnson stays positive

Most Popular

Did Theranos Lose Afghanistan?
Elizabeth Holmes and James Mattis.
Samuel Goldman

Did Theranos Lose Afghanistan?

Don't try to predict Manchin's reconciliation vote, says former adviser
Joe Manchin.
an enigma

Don't try to predict Manchin's reconciliation vote, says former adviser

J&J: Booster provides 100 percent protection against severe COVID-19
Johnson & Johnson
boost

J&J: Booster provides 100 percent protection against severe COVID-19