Tag: geopolitics

Japan And Trump’s America To Speed Up Investment Plans Under $550 Billion Package

Japan And Trump’s America To Speed Up Investment Plans Under $550 Billion Package

carlocarrasco

Remember Japan’s commitment of investing $550 billion into core industries in the United States? The two great nations had a high-level meeting in Washington and they agreed to speed up the selection of the first round of investment projects under the multi-billion Dollar package before they are sent to US President Donald J. Trump for approval, according to a news report by Kyodo News.

To put things in perspective, posted below is an excerpt from the news report of Kyodo News. Some parts in boldface…

Japan and the United States agreed Thursday to speed up selection of the first round of investment projects under a $550 billion package that Tokyo committed to last year following months of tariff negotiations, with a summit of their leaders about a month away.

Hours after his meeting with U.S. Commerce Secretary Howard Lutnick in Washington, Japanese industry minister Ryosei Akazawa told reporters a “significant gap” remained and more coordination was required to serve the mutual interests of the two countries.

“In conducting negotiations, we are naturally keeping in mind the goal of making Prime Minister (Sanae) Takaichi’s visit to the United States a fruitful one,” he said.

Akazawa’s meeting with Lutnick was believed to be part of last-ditch efforts to sort out the first batch of Japanese investment projects to be carried out in the United States, before they are sent to President Donald Trump for final approval.

Although Akazawa, who serves as economy, trade and industry minister, said there was some progress, neither side could unveil any specifics. While refusing to elaborate, he suggested differences remained over interest rates and business risk assessments.

“In a nutshell, as far as we are concerned, high-risk, high-return (investments), given that they also involve taxpayers’ money, are not something we are interested in,” he said.

The meeting with Lutnick took place a week after Trump said he would welcome Takaichi to the White House on March 19.

Under a trade deal struck in July last year, Japan has committed to investing $550 billion in the United States by the end of Trump’s second term in January 2029, in exchange for his administration reducing tariffs on Japanese cars and other goods.

The massive figure represents a combination of investments, loans and loan guarantees from Japanese government-backed financial institutions.

Japan and the United States have agreed that the forthcoming investments will focus on strategic sectors, such as critical minerals, semiconductors, artificial intelligence and energy, to support their national security interests and economic objectives.

For the initial tranche of investments, the construction of gas-fired power generation facilities for data centers, the production of synthetic diamonds used in the semiconductor industry and the development of a port are among the leading candidates, according to Japanese officials.

The memorandum of understanding between Japan and the United States, signed by Akazawa and Lutnick in September last year, stipulates that Trump will ultimately select projects recommended by an “investment committee” chaired by the commerce secretary and composed solely of U.S. officials.

Earlier in the process, the so-called consultation committee — comprising officials from both countries — is tasked with identifying potential investment projects.

The United States will forward investment projects that gain Trump’s endorsement to Japan for review, with Tokyo given 45 days to respond and transfer the necessary funds to Washington.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the two nations will reach an agreement over the first round of investment projects under the $550 billion package? Do you think the remaining challenges will be resolved in due time? Are you looking forward to Prime Minister Takaichi’s Washington visit and meeting with President Trump this March?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Tremendous Election Victory To Allow Takaichi Policy Power

Tremendous Election Victory To Allow Takaichi Policy Power

carlocarrasco

Now that the Liberal Democratic Party (LDP) won a great majority of the seats of Japan’s House of Representatives, Prime Minister Takaichi Sanae and her administration are now in a better position to implement policies to help the constituents and strengthen the nation, according to a news article by NHK World.

For insight, the LDP won 316 of the House of Representatives 465 seats. With the addition of the 36 seats won by the coalition partner Japan Innovation Party (JIP) – also referred to as Nippon Ishin no Kai – the grand total is 352 seats. This means the Prime Minister’s ruling coalition surpassed the two-thirds threshold required to overring the upper chamber (House of Councilors) and propose constitutional amendments. Very clearly, the voters of Japan have spoken and they want stability and the right direction for their country.

To put things in perspective, posted below is an excerpt from the news article of NHK World. Some parts in boldface…

Japan’s ruling Liberal Democratic Party overwhelmed the opposition for a historic victory in Sunday’s Lower House election.

Voters gave the LDP a massive majority of 316 seats, empowering Prime Minister Takaichi Sanae – who pledged to accelerate her policy agenda. This marked the first time in the postwar period that a single party secured more than two-thirds of the seats on its own.

But the largest opposition party, the Centrist Reform Alliance, lost a significant number of seats. Both of its co-presidents announced their resignations on Monday.

Takaichi vows to accelerate her policy agenda – The prime minister spoke with NHK about her plans after the landslide win.

She pledged to accelerate the implementation of what she calls “responsible and active fiscal policy,” while calling on opposition members to cooperate in areas where consensus can be reached.

A consumption tax cut was one of the major issues during the election campaign. The LDP had pledged not to apply the consumption tax to food items for a limited period of two years. Takaichi said she is eager to accelerate Diet discussions on the issue.

Asked about the cabinet, she said her current lineup is a good team.

“Just over three months have passed, but everyone is working hard and achieving results, so I am not thinking of changing it,” she added.

But she indicated that she would think about a cabinet position for the LDP’s coalition partner, the Japan Innovation Party, if the issue is raised.

Crushing defeat – The Centrist Reform Alliance, the largest opposition party, fell to a crushing defeat as it lost more than 100 seats. It held 172 prior to the election and was formed from two separate parties just before the poll.

For additional insight regarding the popularity of Prime Minister Takaichi and other related developments, watch the videos below.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Prime Minister Takaichi and her administration will come up with new and significant policies covering the economy, social norms and defense of the nation over the next twelve months? Do you sense a strong revival of Japan’s economy happening within the next few years? Do you think Communist China is now afraid of Prime Minister Takaichi being a more powerful Japanese leader? Do you think that the planned cooperation between Israel and Japan will proceed smoothly over the next six months?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

LDP Certain To Win Huge Majority In Japan’s House Of Representatives, Takaichi Set To Remain As Prime Minister

LDP Certain To Win Huge Majority In Japan’s House Of Representatives, Takaichi Set To Remain As Prime Minister

carlocarrasco

Japanese Prime Minister Takaichi Sanae will continue to lead her nation as her political party the Liberal Democratic Party (LDP) is set to win a huge majority of the seats of the House of Representatives following the election that happened yesterday, according to a news report by Kyodo News. Already US President Donald J. Trump and Italian Prime Minister Giorgia Meloni congratulated Takaichi (click here and here).

For insight, Takaichi dissolved the House of Representatives a few weeks ago and this led to a short but intense election campaign. The voters of Japan have spoken favoring Takaichi and her party. That being said, February 8 is a sad day for the Commies, the woke, the pro-China candidates, and the Islamists as the opposition fared badly.

To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…

Japan’s Liberal Democratic Party led by Prime Minister Sanae Takaichi is set to win a big majority in the House of Representatives in Sunday’s election, early returns and Kyodo News projections show, an outcome largely driven by her personal popularity that clears the way for her to stay on.

The LDP, which has formed a coalition with the Japan Innovation Party, has secured at least 243 seats, well over the majority line of 233, in the 465-member lower house, up from 198 before the contest.

Amid prolonged inflation and a growingly severe international environment, Takaichi has promised to pursue a “responsible yet aggressive” fiscal policy and boost the nation’s defense capabilities.

The ruling camp is projected to secure at least 261 seats in the powerful chamber, clearing the threshold for chairing all standing committees and outnumbering the opposition in those panels, thus helping it to push through its legislative agenda.

The main opposition party, the Centrist Reform Alliance, formed in January by uniting lower house members of the Constitutional Democratic Party of Japan and the Komeito party, is set to lose a significant number of seats, according to early returns and projections.

Following media reports of the LDP’s victory, Takaichi hinted at no major change to the lineup of the Cabinet, launched less than four months ago, during a TV program.

But she said she hopes that the JIP, which decided not to take ministerial posts when forming the coalition in apparent reflection of a cautious stance toward the LDP, will fulfill “its responsibility together in the Cabinet.”

It remains unclear, however, whether the JIP, known as Nippon Ishin, can retain its pre-election strength of 34 seats in the lower house.

“It was an election in which we felt pressure from the LDP,” JIP leader Hirofumi Yoshimura told a press conference in his party’s home prefecture of Osaka in western Japan, adding that it had tried to convince voters that it had an important role to play in the coalition in the campaign.

The focus is now on whether the LDP-JIP camp can win a two-thirds majority, or 310 seats, in the lower house, which would allow it to initiate a proposal for amending the Constitution, the LDP’s long-held goal, to put to a national referendum.

Takaichi expressed her hope that “concrete plans” to amend the supreme law will be debated at parliament.

The Sanseito party, a populist group known for its “Japanese First” slogan, is expected to make big strides, while Team Mirai, which advocates adoption of digital technologies to enhance political participation, is set to secure its first seat in the chamber, according to the polls.

Takaichi, who has maintained high popularity since becoming Japan’s first female prime minister last October, had pledged to “immediately resign” as Japan’s leader if the coalition failed to secure a majority in the powerful lower chamber.

Nearly 1,300 candidates vied for the 465 seats, with 289 elected from single-seat constituencies and 176 through proportional representation, where seats are allocated for parties based on votes received in 11 regional blocks across Japan.

Early voting received a boost as a record 27.02 million people cast their ballots in the days prior to Sunday, up around 6 million from the previous election in 2024.

Voter turnout stood at 56.24 percent, likely up around 2 percent points from the previous race, according to an estimate by Kyodo News as of 9 p.m.

Japan held a general election in February for the first time in 36 years, a move by Takaichi that has drawn criticism because heavy snowfall in many parts of the country made campaigning difficult. Tokyo and its nearby areas also had snow on Sunday.

As ordinary households have been struggling to cope with the rising cost of living, major political parties have pledged to reduce tax burdens on the campaign trail.

Under Takaichi, a security hawk, the ruling parties also sought support for their aim to beef up the country’s defenses in the face of an increasingly severe security environment.

While her Cabinet enjoys high support ratings, the ruling bloc had only a razor-thin majority with the support of some independents in the lower house before it was dissolved late last month.

Even if the ruling bloc manages to meet its target of securing a majority in the lower house, it remains in a minority in the House of Councilors, or the upper house, meaning that opposition party support is critical in passing bills.

For additional insight, watch the Nippon TV news video below.

Let me end this piece by asking you readers: What is your reaction to this development? With her own party having secured a lot more seats in the House of Representatives of Japan, do you think Prime Minister Takaichi and her team will be in a better position to achieve their agenda? Are you surprised to see the Satanic Left, the woke and the Communists of Japan lose more seats in the election that just happened? Now that the elections are over, do you think the illegal immigrants/aliens as well as the foreign criminals in Japan would be compelled to leave the country?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Japan Makes Moves To Handle Overtourism By 2030

Japan Makes Moves To Handle Overtourism By 2030

carlocarrasco

With an all-time high of 42.7 million foreign tourists counted in 2025, Japan is clearly having a tremendous tourism boom that is also unprecedented. While the country took in over $60 billion from the said foreign tourists, immense tourism is causing a wide series of challenges for the Japanese residents and the authority, and this early the Japan Tourism Agency (JTA) announced that the nation will make serious moves to tackle overtourism by the year 2030, according to a news article by Kyodo News.

To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…

The Japan Tourism Agency said Friday it plans to more than double the number of regions taking steps to address overtourism from the current 47 by 2030, in an effort to increase understanding among the public of the importance of inbound tourism to the nation’s economy.

A goal to boost the number of such regions to 100 will be included for the first time in the government’s next basic tourism promotion plan. A draft of the plan, which covers five years from fiscal 2026, was presented to a panel of experts and is scheduled to be approved by the Cabinet in March.

According to the draft, the government will maintain its existing targets to increase inbound visitor numbers to 60 million and their annual spending to 15 trillion yen ($97 billion) by 2030.

In 2025, foreign visitors to Japan reached an estimated record of 42.7 million, with their spending also at a new all-time high of 9.5 trillion yen, according to the government.

With a sharp decline in Chinese tourists due to deteriorating bilateral relations, the draft also stressed the importance of preparing for changes in the international situation, saying that efforts will be made to attract visitors from a wide range of countries and regions.

The agency has been implementing model projects to support regions taking steps to address overtourism issues, such as traffic congestion and nuisance behavior.

To date, 47 regions, including Kyoto in western Japan and Taketomi in Okinawa Prefecture, have been advancing initiatives based on resident feedback, including easing congestion on local roads and limiting visitor numbers.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think that the ongoing tourism in Japan will last for at least the next three years? Would you be surprised to see foreign tourist arrivals in Japan reach 45 million by the end of this year? Are you dismayed to see foreign tourists misbehave or violate local rules during their stay in Japan? Do you think China’s hostility against Japan will bring down this year’s count of foreign tourists?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Prime Minister Takaichi Gets Trump’s Endorsement, White House Visit Set For March 19

Prime Minister Takaichi Gets Trump’s Endorsement, White House Visit Set For March 19

carlocarrasco

As millions of voters all over Japan are ready to cast their votes in tomorrow’s general election, Prime Minister Takaichi Sanae received the full endorsement of US Presdent Donald Trump and it has also been revealed that her trip to the White House has been set for March 19, according to a news report by Kyodo News.

For insight, the February 8 general election is the result of Prime Minister Takaichi’s move to dissolve the House of Representatives a few weeks ago. Recently, a Kyodo poll revealed that the ruling Liberal Democratic Party (LDP) led by the Prime Minister was on track to secure a majority in the House of Representatives.

To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…

U.S. President Donald Trump on Thursday gave his full endorsement to Japanese Prime Minister Sanae Takaichi ahead of the country’s general election and said he would welcome her to the White House on March 19.

While Trump is often an outlier, it is very rare for the leader of any country to back a specific political figure ahead of a national election in a foreign country. Calling Sunday’s election “very important” for Japan’s future, he praised Takaichi for already proving to be a “strong, powerful and wise” leader.

In a social media post, Trump also said he and his team were impressed with her when they met in Japan about three months ago.

“Prime Minister Takaichi is someone who deserves powerful recognition for the job she and her Coalition are doing and, therefore, as President of the United States of America, it is my Honor to give a Complete and Total Endorsement of her, and what her highly respected Coalition is representing,” Trump wrote.

The date of Trump’s upcoming in-person talks with Takaichi was announced for the first time.

In late December, Takaichi said she was exploring a visit to the United States for another meeting with Trump, and the two leaders confirmed during their early January phone call that they would meet in the spring.

Takaichi’s maiden trip to the United States since becoming prime minister in October will coincide with Washington’s iconic annual cherry blossom festival, which this year will begin on March 20, a day after the planned White House meeting.

The festival commemorates the 1912 gift of cherry trees from Tokyo to the U.S. capital and the longtime friendship between the two countries.

When Takaichi, Japan’s first female prime minister, hosted Trump in Tokyo in late October, they expressed their intention to celebrate together in 2026 the 250th anniversary of U.S. independence. At the time, she confirmed Japan’s promise to donate 250 cherry trees to the United States.

Just as they did last time, Takaichi and Trump are likely to reaffirm the strength of the Japan-U.S. security alliance and economic relationship. In a symbolic gesture, they could also plant a couple of the cherry trees together.

Trump has extolled Takaichi since her early days in office as a protegee of former Japanese Prime Minister Shinzo Abe, with whom the president had a close personal relationship during his first term.

In addition to wishing her “good luck” in the House of Representatives election, Trump’s message on Thursday highlighted the progress that the United States and Japan have made in defense cooperation and on the economic front, thanks to a “very substantial” trade deal.

The deal reached last summer following Trump’s tariff threat includes a Japanese commitment to invest $550 billion in U.S. strategic sectors, such as semiconductors and critical minerals.

Trump is expected to celebrate some forthcoming projects under the package with Takaichi, who has pledged to pursue a “new golden era” for the two countries.

Takaichi’s trip to Washington will precede Trump’s planned April visit to China, which for months has been taking a hard-line stance over her remarks about a potential Taiwan Strait crisis.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Prime Minister Takaichi and her allies will emerge victorious and secure a large majority in the Japanese House of Representatives? What do you think about President Trump’s endorsement for Takaichi? Do you think major developments will happen when Prime Minister Takaichi visits the White House and meet with Trump on March 19?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Trump Administration To Deport Violent Illegal Alien Protected By Minnesota Democrats

Trump Administration To Deport Violent Illegal Alien Protected By Minnesota Democrats

carlocarrasco

Let’s be very clear here. Americans overwhelmingly support the deportation of illegal aliens/immigrants who committed acts of crime. In the state of Minnesota, there are mobs of radicalized Leftists, social justice warriors (SJWs), extreme Democrats and other brainwashed activists who are doing everything they could to protect the illegal ones and that means rebelling against United States Immigration and Customs Enforcement (ICE) by using violence.

Of course, the Trump administration is simply not giving up as the White House confirmed that it is laser-focused on removing criminal illegal aliens from Minnesota. Very recently, ICE apprehended the wanted Guatemalan national Esdras Aaron-Rodriguez-Hernandez who was charged in 2024 with domestic assault. The suspect is up for deportation and he previously was heavily protected by the radicalized Democrats of Minnesota. Democrats have this ongoing tradition of rewarding and prioritizing criminals and even terrorists at the expense of their fellow Americans.  

To put things in perspective, posted below is an excerpt from the White House press statement. Some parts in boldface…

The Trump Administration is aggressively removing dangerous criminal illegal aliens from Minnesota’s communities — predators that Radical Left Democrats insist on providing safe harbor.

A stark example: Last week, ICE apprehended Esdras Aaron Rodriguez-Hernandez, a Guatemalan national and accused domestic abuser, in a case that exposes the dangerous stupidity of Minnesota’s “sanctuary” policies — and the self-inflicted necessity of Operation Metro Surge.

In 2024, Rodriguez-Hernandez was arrested and charged with domestic assault (intentionally inflicting or attempting to inflict bodily harm on a family member) and released without bail. A warrant was issued after he didn’t show up for court, and he evaded justice for nearly a year.

In November, he was arrested on the warrant and booked into the Hennepin County Jail, only to be released the next day on a $100 bail. After a radical prosecutor downgraded the charge, he was granted a stay of adjudication and set free once again.

At every step, local officials in the “sanctuary” jurisdiction failed to notify ICE of his custody — forcing federal agents to expend significant resources tracking him down and putting Minnesotans at unnecessary risk.

Rodriguez-Hernandez now awaits deportation, joining a long list of criminal illegal alien thugs the Trump Administration has removed from Minnesota’s streets — often with zero help from leaders who prioritize criminals over citizens.

Let me end this piece by asking you readers: What is your reaction to this development? Are you surprised that Satanic Leftists of Minnesota went to the extremes to protect the suspect from ICE? Do you think that the radical Leftists have the means to violate national laws regarding immigration and crime? Do you consider Minnesota a very corrupted state under the control of radical Leftists? If anyone in your family has been heavily influenced by Democrats and their mainstream news media partners-in-crime, is he or she soft-hearted towards illegal aliens/immigrants?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Trump Welcomes Vietnam’s Decision To Join Board of Peace

Trump Welcomes Vietnam’s Decision To Join Board of Peace

carlocarrasco

Following the ratification of the charter of the Board of Peace in Davos, Vietnam officially decided to join it which US President Donald Trump welcomed, according to a news report by VnExpress. Trump previously invited Vietnam’s leader to join the council.

Vietnam’s entry into the Board of Peace (note: referred to as the Peace Council in the VnExpress report) is not exactly surprising as it already has friendly ties with Israel. Ties between Vietnam and America are also healthy.

To put things in perspective, posted below is an excerpt from the report of VnExpress. Some parts in boldface…

U.S. President Donald Trump has sent a message congratulating Vietnam’s Party General Secretary To Lam on his re-election for a 14th term and welcoming Vietnam’s decision to join the Peace Council initiative.

President Trump said General Secretary Lam’s continued leadership role comes at an important time, as Vietnam and the U.S. are pressing ahead with the positive outcomes achieved in bilateral relations in recent years.

The President also expressed his hope that the two sides would soon make positive progress in negotiations on a reciprocal, fair and balanced trade agreement, thereby further promoting shared prosperity.

He welcomed Vietnam’s decision to join the Peace Council initiative, and thanked and highly valued Vietnam’s role as well as Vietnam-U.S. cooperation in promoting peace and safeguarding freedom, sovereignty and independence of countries in the Indo-Pacific and the world at large.

President Trump said he is confident that Vietnam-U.S. relations would continue to deepen across all fields, from economy and trade to security, defense and people-to-people exchanges, and expressed his hope to welcome General Secretary Lam to the U.S. at an appropriate time.

General Secretary Lam accepted the invitation from U.S. President Donald Trump last month to join the Gaza Peace Council and affirmed Vietnam’s readiness to participate as a founding member state of the council.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Vietnam will become a major contributor on the rehabilitation of the Gaza Strip? What is your opinion about the state of Vietnam-America ties as well as Vietnam-Israel ties?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Trump Picks Kevin Warsh As The Next Federal Reserve Chairman

Trump Picks Kevin Warsh As The Next Federal Reserve Chairman

carlocarrasco

At long last, US President Donald Trump picked Kevin Warsh as the next chairman of the Federal Reserve replacing Jerome Powell, and already a lot of public officials and high-ranking members of the private sector support the choice, according to the Kyodo News report plus the White House press statement respectively.

To put things in perspective, posted below is an excerpt from the report of Kyodo News. Some parts in boldface…

U.S. President Donald Trump said Friday he will nominate Kevin Warsh to be the next chair of the Federal Reserve, with the choice of a Wall Street veteran who was a governor of the central bank over a decade ago seen as intended to avoid roiling financial markets.

Trump’s pick to replace Jerome Powell as the Fed chair caps a process that formally began last summer. While screening candidates in private, he has subjected Powell to relentless public criticism for not cutting interest rates more aggressively and challenged the independence of the world’s most influential central bank.

Trump announced the nomination in a post on social media, saying, “I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best.“

“On top of everything else, he is ‘central casting,’ and he will never let you down,” Trump added. The lengthy post, though it included information on Warsh’s professional experience, did not clearly explain the reason for his selection.

Powell’s term as Fed chief ends in May. The role requires Senate confirmation, which may not be smooth sailing for Warsh due to bipartisan concern over the Fed’s independence under Trump, most recently evidenced by the Department of Justice launching a criminal probe into Powell over a renovation of the central bank’s headquarters.

Trump told reporters later Friday in the Oval Office that he was not worried about the confirmation process, calling Warsh the “most qualified” person to take the helm of the Fed, based on his background and experience.

He also said he did not urge Warsh to cut interest rates, but admitted discussing the topic with him.

“I don’t want to ask him that question. I think it’s inappropriate, probably,” Trump said. “I want to keep it nice and pure. But he certainly wants to cut rates. I’ve been watching him for a long time.”

Warsh was previously appointed to the Fed in 2006 at the age of 35, making him the youngest person ever to serve on its board at that time. He was a board member until 2011.

During the 2008 financial crisis, he served as the Fed’s main liaison with Wall Street and earned a good reputation for stabilizing the situation.

Before that, he was a special assistant to President George W. Bush for economic policy and executive secretary of the White House National Economic Council.

After graduating from Harvard Law School in 1995, Warsh joined Morgan Stanley’s mergers and acquisitions division, where he worked for seven years and became vice president and executive director.

U.S. Treasury Secretary Scott Bessent said last week that the screening of candidates for the next Fed chief had narrowed to four finalists.

The four were said to be Warsh, Kevin Hassett, Trump’s top economic adviser, Christopher Waller, a Fed governor, and Rick Rieder, BlackRock’s chief bond investment manager.

Calling Warsh and Hassett “the two Kevins,” Trump had repeatedly said they were “great” in the weeks leading up to his official announcement.

Warsh was a finalist in the 2017 Fed chair race during Trump’s first term and was reportedly a candidate for Treasury secretary in his second presidency.

During his time on the Fed’s board, Warsh was considered a monetary hawk, meaning he was typically supportive of higher interest rates to curb inflation, even in the middle of the financial crisis.

Compared with Hassett, a close ally of Trump’s who has openly advocated lower borrowing costs for businesses and consumers, Warsh is seen by financial markets as someone who could protect the Fed’s independence from the White House.

However, Warsh, 55, an outspoken critic of the central bank, has increasingly aligned with Trump’s views in recent months. The forthcoming Senate process is likely to test his ability to withstand pressure from the president while also reassuring nervous investors.

In a November opinion piece in The Wall Street Journal, Warsh disapproved of the Fed’s current monetary policy and praised the Trump administration for advancing what he called “pro-growth” economic programs, focusing on deregulation and tax reforms.

Meanwhile, the White House press statement revealed a long list of public officials and financial market figures who responded positively to Warsh’s nomination to lead the Federal Reserve. Posted below are selected excerpts from the statement. Some parts in boldface.

The nomination has drawn widespread praise from lawmakers, business leaders, financial experts, and industry voices across the spectrum:

Senate Committee on Banking, Housing, and Urban Affairs Chairman Tim Scott: “The Federal Reserve’s decisions touch every American household, from mortgage rates to retirement savings, and President Trump has been clear that bringing accountability and credibility to the Federal Reserve is a priority, and his nomination of Kevin Warsh reflects that focus. As a former Federal Reserve Governor, Kevin has deep knowledge of markets and monetary policy that will be essential in this role. Federal Reserve independence remains paramount, and I am confident Kevin will work to instill confidence and credibility in the Fed’s monetary policy. As Chairman of the Senate Banking Committee, I look forward to leading a thoughtful, timely confirmation process that carefully examines his vision for focusing the Federal Reserve on its core mission.”

Sen. Jim Banks: “Kevin Warsh is a brilliant pick by President Trump for Fed Chair. Clear from what he wrote in 2021 he understands scale of China’s ambitions. As member of Banking Committee I look forward to working with him to maintain American financial supremacy.”

Sen. Marsha Blackburn: “Kevin Warsh is exceptionally qualified to lead the Federal Reserve as Chairman. I look forward to supporting this nomination in the Senate, and I am confident Kevin will help foster economic growth and create more opportunity for hardworking Americans.”

Canadian Prime Minister Mark Carney: “Kevin Warsh is a fantastic choice to lead the world’s most important central bank at this crucial time.”

Mortgage Bankers Association President and CEO Bob Broeksmit: “MBA congratulates Kevin Warsh on his nomination to serve as Chairman of the Federal Reserve. His prior service on the Federal Reserve Board, where he developed a reputation as a prudent, thoughtful voice on monetary policy, paired with his private sector experience, will be invaluable as he leads the Federal Reserve in what has become an increasingly challenging and complicated mission.”

U.S. Chamber of Commerce President and CEO Suzanne P. Clark: “Kevin is well known to the business community. We appreciate his years of focus on how we grow the American economy and maintain stable prices for America’s families, and look forward to his confirmation process.”

JPMorgan Chase CEO Jamie Dimon: “Kevin Warsh is a highly respected and experienced leader — across government, business and education — who I have seen act with integrity and a dedication to making our country better.”

Job Creators Network CEO Alfredo Ortiz: “Kevin Warsh is the perfect choice to lead the Federal Reserve. He has repeatedly demonstrated understanding of the true driver of inflation: excessive government money printing, not economic growth. Under his leadership, the Fed can finally reach its target inflation rate, something Chairman Powell has continually failed to do, while also expanding access to credit for small businesses. By protecting the value of the dollar, supporting economic growth, and boosting capital access, a Warsh chairmanship can backstop a booming small business economy. The Senate should quickly confirm him.”

Let me end this piece by asking you readers: What is your reaction to this development? Considering the wide-reaching positive reactions to Trump’s pick for the next Chairman of the Federal Reserve, do you feel confident that Warsh is the right choice? Do you hope to see Warsh make positive changes once he takes over as the head of the Federal Reserve? Have you been frustrated with the way Jerome Powell led the Federal Reserve and executed financial policies over the past several years?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Japanese Embassy In Manila Confirms Unprecedented Surge Of Filipinos Who Applied For Visas

Japanese Embassy In Manila Confirms Unprecedented Surge Of Filipinos Who Applied For Visas

carlocarrasco

For Filipinos who want to visit Japan, a visa is often required which is something I can relate with. In recent times, there has been this lack of available slots for visa appointments and the Japanese embassy in Manila confirmed that there is an unprecedented surge of Filipino visa applicants, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

Japan’s embassy in Manila is aware of the lack of available slots for visa appointments at its application centers and issued its response on the matter.

In a statement sent to the Manila Bulletin, the embassy cited the surge of Filipinos expressing interest in going to Japan.

Except during the surge of Covid-19 pandemic, the embassy said, Filipino visa applicants reached ​”unprecedented levels.​”

​”The number of short-stay visas issued surged more than sixfold (6.15 times) over the decade from 2013 (73,143) to 2023 (450,087), and increased further to 490,907 in 2024,​” it said.

​According to the embassy, this prompted them to make significant changes in their visa processing system.

​”In response to the increasing demand, the visa processing system underwent a fundamental overhaul starting April 2025 to maintain proper screening quality and streamline the process, transitioning to a Visa Application Center system,” it said.

​”Furthermore, the introduction of the e-VISA began last December for visas issued to tourists in package tours organized by designated travel agencies,” it added.

The embassy acknowledged that people-to-people exchanges form the foundation of Philippines-Japan relations, and the embassy “welcomes our Filipino friends’ growing interest in visiting Japan, with the number of Filipino visitors reaching a record high of 880,000 in 2025.​”

Let me end this piece by asking you readers: What is your reaction to this development? Have you already applied for a visa to visit Japan over the past twelve months? How many people do you personally know want to visit Japan? If you intend to visit Japan soon, have you started finding out what the requirements are for application?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Japan Warns Philippines About Right-Of-Way Hurdles Related To Infrastructure Projects

Japan Warns Philippines About Right-Of-Way Hurdles Related To Infrastructure Projects

carlocarrasco

For many years already, the Philippines has infrastructure projects in development with the support of the Japan International Cooperation Agency (JICA) which executes the official development assistance (ODA). The right-of-way challenges, however, are putting the projects at risk and Japan has alerted the government of the Philippines about it, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

The Japanese government’s lead development agency said that right-of-way (ROW) hurdles, rather than the tightening Philippine fiscal envelope, pose the primary risk to the completion of multibillion-peso infrastructure flagship projects.

Takashi Baba, the Japan International Cooperation Agency (JICA) chief representative in the Philippines, said that while budget reductions are sovereign prerogative, the legal obligations of bilateral agreements necessitate that Manila provides sufficient funding for land acquisition

“At this moment, we do not see any kind of delay because of the delay of the budget, but the delay of the ROW, [and] the process,” JICA Philippines chief representative Takashi Baba told Manila Bulletin last Thursday, Jan. 22.

He noted, however, that delays in ROW acquisition have already had an impact on project implementation.

“We already observed the kind of delay of the progress of the project itself. That’s why we are carefully monitoring the progress,” Baba added.

The assurance comes as the Marcos administration navigates a tighter fiscal landscape. The national government reduced unprogrammed appropriations in the 2026 budget to ₱150.9 billion, the lowest level of standby funding since 2019.

The contraction in the budget’s “standby” category directly affects the accounting of projects like the Metro Manila Subway and the North-South Commuter Railway, which rely heavily on Official Development Assistance (ODA) under JICA.

Baba added that the budget cut in the Philippines should be respected, noting that it reflects a sovereign decision.

“It should be respected,” he said, adding that the move represents “the GOP [government of the Philippines] or the government or the Philippine people’s decision in general.”

However, Baba emphasized that under the legal requirements of bilateral agreements, “the necessary budget should be allocated by the Philippine government,” particularly for ROW financing.

“When we look at the current GAA [General Appropriations Act], we notice that it’s not sufficient to cover everything like necessary budget, [the] necessary amount should be prepared by the Philippine government,” he added, noting that they are closely monitoring the situation.

Baba also highlighted that executive agencies may face difficulties in securing sufficient funding by the middle of the year, raising concerns that funding shortfalls could lead to delays in project implementation.

He said JICA is closely coordinating with the Philippine government to secure additional funding in line with agreements between the two countries.

“We are closely monitoring and also we are keeping good relationship and discussion with the Philippine government to secure another budget to cover the necessary one, which in accordance with agreed between the two countries,” Baba said.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think the right-of-way issues will delay the completion of the multi-billion Peso infrastructure projects that are supported by the Japanese? What should the national government of the Philippines do to resolve right-of-way issues?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

+++++

Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at  @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco