#Radioactive Materials Leak at Japan Proton Accelerator Research Complex (J-PARC) in Ibaraki, Researchers Accidentally Inhaled Radioactive Gold

Japan Atomic Energy Agency (JAEA), who operates J-PARC, didn't bother to notify the Nuclear Regulatory Agency (secretariat of the Nuclear Regulatory Authority, mostly made of people from NISA) for 2 days, because they did not think there was any leak of radioactive materials.

According to Asahi, the researchers suffer internal radiation of exposure of 1.7 millisievert, and the contamination of the facility is 40 becquerels per square centimeter.

Apparently, the Ibaraki prefectural government was not too happy about the incident and the fact that JAEA didn't bother to notify the authority and the prefectural government, and held an angry press conference at 2AM on May 25.

The official story of the accident, from Asahi Shinbun (5/25/2013, 1:37AM):

原子力機構で放射性物質漏れ　研究者ら４人が内部被曝

Radioactive materials leak at JAEA facility, 4 researchers suffer internal radiation exposure

日本原子力研究開発機構は２５日、茨城県東海村のＪ―ＰＡＲＣの原子核素粒子実験施設で、放射性物質が施設の外に漏れたと明らかにした。中にいた研究者ら少なくとも４人が内部被曝（ひばく）した。漏洩（ろうえい）は止まっており、拡大の恐れはないという。被曝した４人のうち、最大の被曝量は１・７ミリシーベルトという。原子力機構は外部に漏洩した放射性物質の量を調べている。

Japan Atomic Energy Agency disclosed on May 25 that there was a leak of radioactive materials outside the nuclear and particle research facility at J-PARC in Tokai-mura in Ibaraki Prefecture. At least 4 researchers inside the facility suffered internal radiation exposure. The leak has stopped, and there is no danger of the leak spreading further. The maximum radiation exposure was 1.7 millisievert, according to JAEA. JAEA is currently investigating how much radioactive materials have leaked outside the facility.

原子力機構や原子力規制委員会によると、放射能漏れがあったのは２３日午前１１時５５分ごろ。陽子ビームを金にあて素粒子を発生させる実験をしていた。装置が誤作動を起こして陽子ビームは通常の４００倍の出力になり、金が蒸発。放射性物質が漏れて研究者が吸い込んだ。現場には当時、研究者ら約３０人がいたという。

According to JAEA and the Nuclear Regulatory Authority, the leak took place at 11:55AM on May 23. They were conducting an experiment of generating elementary particles by hitting gold with proton beam. The equipment malfunctioned, and the output of the proton beam increased to 400 times the normal strength, and gold was vaporized. Radioactive materials [radioactive gold vapor] leaked [from the equipment], and were inhaled by the researchers. There were about 30 researchers when the accident happened.

施設の汚染は最大で１平方センチあたり約４０ベクレル。現在、施設内を立ち入り禁止にしている。原子力機構は発生当時、外部への放射能漏れはないと考え、国に報告しなかった。Ｊ―ＰＡＲＣは大型の加速器を備えた素粒子などを調べる実験施設。

Contamination of the facility is about 40 becquerels per square centimeter maximum. Currently the facility is off-limit. At the time of the accident, JAEA didn't think there was a leak of radioactive materials, and did not report to the government. J-PARC is a facility to study elementary particles with large accelerators.

Equipment malfunctioned. That's the official story.

Let us now turn to "baseless rumors" among knowledgeable researchers (like this one, from Professor Hayano of Tokyo University) for what may really have happened. According to the unverified rumors, it was not the equipment that malfunctioned. Researchers made a mistake, and instead of hitting the target (gold) with low, continuous proton beam over a long period of time they accidentally hit it with high-intensity proton pulses.

According to NHK quoting the Ibaraki prefectural government, the monitoring post outside the facility showed a slight increase in radiation level between 3PM and 6PM on May 23. The radiation level is normally between 70 to 130 nanogray/hour, but it rose by 10 nanogray/hour on May 23.

Never trust the Japanese with a gigantic facility like a proton accelerator. Or a nuclear reactor. They are not only incapable of operating them properly, but when an accident happens they don't tell you.

(How do you get rid of radioactive gold in the body? Does anyone know?)

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Japan's PM Abe May Be Planning a Surprise Visit to North Korea Soon

I have a feeling that the US wouldn't like it one bit. The US didn't like a secret visit by Abe's advisor Isao Iijima to Pyongyang, which apparently was news to the US.

After having been treated shabbily by President Obama on his trip to the US in April (or so Abe thinks) and his administration labeled "ultra-nationalists" who could harm the US interests in East Asia in the US Congressional report, Abe must have figured he has nothing further to lose in the eyes of his beloved US.

Abe blew it on his visit to the US, ditto on his visit to Russia, where Prime Minister Vladimir Putin got (or feigned) angry over the question by the Japanese press corp about the Kurile Islands and he refused to give Abe an assurance for selling natural gas to Japan.

Abe needs a friend, and Kim Jong-Un could be the one, I suppose.

Nikkei Shinbun (5/23/2013; part):

首相に北朝鮮訪問観測　元駐日韓国大使発言で

Speculation that Prime Minister Abe may visit North Korea, following the remarks of former South Korean ambassador to Japan

政府や与野党内で安倍晋三首相が北朝鮮を電撃訪問するのではないか、との観測が出ている。きっかけは23日付の韓国紙、朝鮮日報のインタビューで、権哲賢（クォン・チョルヒョン）元駐日韓国大使が「安倍首相が早ければ今月末から６月初めの間に訪朝する可能性が高い」と語ったことだ。

There is a speculation inside the administration and the political parties that Prime Minister Shinzo Abe may pay a surprise visit to North Korea. The speculation started with the interview of Kwon Chul-hyun, former South Korean ambassador to Japan, which appeared on the Chosun Ilbo, a South Korean newspaper, on May 23. Ambassador Kwon said, "It is highly likely that Prime Minister Abe will visit North Korea, between the end of May and beginning of June at the earliest."

訪朝した飯島勲内閣官房参与は同日、記者団に「（日朝政府間の）交渉再開など色々評論されているが、私からみると事実上、事務的協議は全部終わった。あとは首相と菅義偉官房長官の判断だ」と指摘。菅長官は権元大使の発言に関して「事柄の性質上発言すべきでない。極めて大事なことだ」と述べるにとどめた。

Isao Iijima, Special Advisor to the Cabinet who just returned from North Korea said to the press on May 23, "There are various comments about resumption of negotiations (between the Japanese government and the North Korean government), but as far as I know, in fact, working level negotiations have been complete. It now all depends on the decision by Prime Minister and Chief Cabinet Secretary Yoshihide Suga." Mr. Suga didn't elaborate on the remark by former Ambassador Kwon, and only said, "I shouldn't comment, due to the nature of the issue. It is extremely important."

So, does that mean it is a done deal? Does Abe want to be like Kakuei Tanaka, who made a surprise visit to Communist China in 1972 and established a formal diplomatic relationship between China and Japan? Or does he just want to emulate Junichiro Koizumi, who visited North Korea to win the release of 5 abductees?　

If Abe and his advisors think today's North Korea under the North Korean version of Boy-wonder dictator, shunned by every nation except China, is equivalent to Communist China in the 1970s, and the normalization of relationship will be hailed as a great diplomatic coup and success, they are literally insane.

As Zero Hedge's Tyler says about Abe and Kuroda:

We give up: raging schizophrenia and a sado-maso fetish is now a core prerequisite for anyone who wishes to follow the daily lies these central planning sociopaths spew with impunity.

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Idio(syncra)tic Japan: Nikkei Cannot Even Manage a "Dead Cat Bounce", Down 468 Right Now

(UPDATE) Nikkei ended the day up 128, afternoon swing of over 600 points. Both BOJ's Kuroda and Finance Minister Aso call the moves of yesterday and today as "just normal, daily fluctuations". Daily fluctuations of 1,000, 1,500 points is apparently the "New Normal" for so-called "Abenomics".

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It was down 176 when I started to write the post...

Today's high was 15,007, and the low was 13,981(for now). The intraday swing of 1026 points is about two-thirds of that for yesterday. I was watching the Fibonacci 38.2% bounce from the yesterday's close (around 14,920), and sure enough the index overshot a little in the opening, stayed around that level for the morning but couldn't break that level.

For those of you who wonder "What's the big deal if Nikkei goes back to what it was in early May?", a normal, functioning stock index that reflects fundamentals does not go back to that level in one trading day.

The reason for the afternoon swoon, as I gather from Nikkei Shinbun, is BOJ Governor Kuroda's speech. He apparently only talked about generalities like "It is desirable that the long rate will move in a steady manner". He didn't even mention yesterday's stock market collapse. So, the market participants decided Kuroda had nothing new to offer either to stabilize the long bond rate or the stock market, and started selling index futures.

Earlier in the morning, when the market was up 500 points, Chief Cabinet Secretary of the Abe administration declared it was a sure sign that the Japanese economy was steadily improving. There was even a bizarre comment by a Japanese investment manager that the very fact that Nikkei dropped so much in one day shows they were not in a bubble.

Now, with 25 minutes to go, Nikkei is minus 55. It was jumping 100 points up or down every few seconds for a while. It's broken.

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AP: #Fukushima I Nuke Plant "Struggles to Keep Staff", and "Happy" Has Cumulative Radiation Exposure of Over 300 Millisieverts

The worker who tweeted from the plant for two years, "Happy", has a cumulative radiation exposure of more than 300 millisieverts from 20 years of working in the nuclear industry, according to the AP article that extensively quotes him.

The article says the reason for the veterans like "Happy" quitting the Fukushima I Nuke Plant job is their cumulative radiation exposure approaching levels risky to health.

TEPCO, being TEPCO, denies there is any problem of finding workers, even though the plant workers get $100 a day while workers doing the decontamination work in far less contaminated areas outside the plant are paid $160 a day.

From AP (5/23/2013; emphasis is mine):

Stricken Japan nuke plant struggles to keep staff

YURI KAGEYAMA

TOKYO (AP) — Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.

Tokyo Electric Power Co., the utility that runs the Fukushima Dai-ichi plant that melted down in March 2011 after being hit by a tsunami, is finding that it can barely meet the headcount of workers required to keep the three broken reactors cool while fighting power outages and leaks of tons of radiated water, said current and former nuclear plant workers and others familiar with the situation at Fukushima.

Construction jobs are already plentiful in the area due to rebuilding of tsunami ravaged towns and cities. Other public works spending planned by the government, under the "Abenomics" stimulus programs of Prime Minister Shinzo Abe, is likely to make well-paying construction jobs more abundant. And less risky, better paid decontamination projects in the region irradiated by the Fukushima meltdown are another draw.

Some Fukushima veterans are quitting as their cumulative radiation exposure approaches levels risky to health, said two long-time Fukushima nuclear workers who spoke to The Associated Press. They requested anonymity because their speaking to the media is a breach of their employers' policy and they say being publicly identified will get them fired.

TEPCO spokesman Ryo Shimizu denied any shortage of workers, and said the decommissioning is progressing fine.

"We have been able to acquire workers, and there is no shortage. We plan to add workers as needed," he said.

The discrepancy may stem from the system of contracting prevalent in Japan's nuclear industry. Plant operators farm out the running of their facilities to contractors, who in turn find the workers, and also rely on lower-level contractors to do some of their work, resulting in as many as five layers of contractors. Utilities such as TEPCO know the final headcount — 3,000 people now at Fukushima Dai-ichi — but not the difficulties in meeting it.

TEPCO does not release a pay scale at Fukushima Dai-ichi or give numbers of workers forced to leave because of radiation exposure. It does not keep close tabs on contracting arrangements for its workers. A December 2012 survey of workers that the company released found 48 percent were from companies not signed as contractors with the utility and the workers were falsely registered under companies that weren't employing them. It is not clear if any laws were broken, but the government and TEPCO issued warnings to contractors to correct the situation.

Hiroyuki Watanabe, a city assemblyman for Iwaki in Fukushima, who talks often to Fukushima Dai-ichi workers, believes the labor shortage is only likely to worsen.

"They are scrounging around, barely able to clear the numbers," he said. "Why would anyone want to work at a nuclear plant, of all places, when other work is available?"

According to Watanabe, a nuclear worker generally earns about 10,000 yen ($100) a day. In contrast, decontamination work outside the plant, generally involving less exposure to radiation, is paid for by the environment ministry, and with bonuses for working a job officially categorized as dangerous, totals about 16,000 yen ($160) a day, he said.

Experts, including even the most optimistic government officials, say decommissioning Fukushima Dai-ichi will take nearly a half-century. TEPCO acknowledges that the exact path to decommissioning remains unclear because an assessment of the state of the melted reactor cores has not yet been carried out.

Since being brought under control following the disaster, the plant has suffered one setback after another. A dead rat caused a power blackout, including temporarily shutting down reactor-cooling systems, and leaks required tons of water to be piped into hundreds of tanks and underground storage areas. The process of permanently shutting down the plant hasn't gotten started yet and the work up to now has been one makeshift measure after another to keep the reactors from deteriorating.

Thousands of spent nuclear fuel rods that are outside the reactors also have to be removed and safely stored. Taking them out is complex because the explosions at the plant have destroyed parts of the structure used to move the rods under normal conditions. The process of taking out the rods, one by one, hasn't even begun yet. The spent rods have been used as fuel for the reactors but remain highly radioactive.

One Fukushima Dai-ichi worker, who has gained a big following on Twitter because of his updates about the state of the plant since the meltdowns, said veteran workers are quitting or forced to cut back on working in highly radiated areas of the plant as their cumulative exposure rises.

"I feel a sense of responsibility to stick with this job," he told AP. "But so many people have quit. Their families wanted them to quit. Or they were worried about their children. Or their parents told him to go find another job."

Known as "Happy-san" to his 71,500 Twitter followers, he has worked in the nuclear industry for 20 years, about half of that at Fukushima. He has worked at bigger contractors before, but is now at a mid-level contractor with about 20 employees, and has an executive level position.

"If things continue the way they are going, I fear decommissioning in 40 years is impossible. If nuclear plants are built abroad, then Japanese engineers and workers will go abroad. If plants in Japan are restarted, engineers and workers will go to those plants," he said in a tweet. Most of Japan's nuclear plants were shut for inspections after the Fukushima disaster.

His cumulative radiation exposure is at more than 300 millisieverts. Medical experts say a rise in cancer and other illnesses is statistically detected at exposure of more than 100 millisieverts, but health damage varies by individuals. He was exposed to 60 millisieverts of radiation the first year after the disaster and gets a health checkup every six months.

Nuclear workers generally are limited to 100 millisieverts exposure over five years, and 50 millisieverts a year, except for the first year after the disaster when the threshold was raised to an emergency 100 millisieverts.

The workers handle the day-to-day work of lugging around hoses, checking valves and temperatures, fixing leaks, moving away debris and working on the construction for the equipment to remove the spent fuel rods.

Other jobs are already so plentiful that securing enough workers for even the more lucrative work decontaminating the towns around the plant is impossible, according to Fukushima Labor Bureau data.

During the first quarter of this year, only 321 jobs got filled from 2,124 openings in decontamination, which involves scraping soil, gathering foliage and scrubbing walls to bring down radiation levels.

"There are lots of jobs because of the reconstruction here," said bureau official Kosei Kanno.

A former Fukushima Dai-ichi worker, who switched to a decontamination job in December, said he became fed up with the pay, treatment and radiation risks at the plant. He has 10 years of experience as a nuclear worker, and grew up in Fukushima.

He warned it would be harder to find experienced people like him, raising the risk of accidents caused by human error.

He accused TEPCO of being more preoccupied with cost cuts than with worker safety or fair treatment. The utility went bankrupt after the disaster and was nationalized by a government bailout. Even if TEPCO somehow obtains workers in quantity in coming months, their quality would deteriorate, he said.

"We're headed toward a real crisis," said Ryuichi Kino, a free-lance writer and photographer who has authored books about the nuclear disaster and has reported on TEPCO intensively since March 2011.

Under the worst scenario, experienced workers capable of supervising the work will be gone as they reach their radiation-exposure limits, said Kino.

He believes an independent company separate from TEPCO needs to be set up to deal with the decommissioning, to make sure safety is not being compromised and taxpayer money is spent wisely.

Watanabe, the assemblyman, said the bigger nuclear contractors may go out of business because they are being under-bid by lower-tier companies with less experienced, cheaper workers. That is likely to worsen the worker shortages at the skilled level, he said.

Happy-san has the same fear. Some of the recent workers, rounded up by the lesser contractors, appear uneducated and can't read well, he said.

Although life at the plant has calmed compared to right after the disaster, Happy-san still remembers the huge blast that went off when one of the reactors exploded, and rubble was showering from the sky for what felt like an eternity.

"We had opened the Pandora's box. After all the evil comes out, then hope might be sitting there, at the bottom of the box, and someday we can be happy, even though that may not come during my lifetime," he said.

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Nikkei, JGB Double-Whammy: "Please Do Not Worry..."

Another masterpiece from williambanzai7 at Zero Hedge. Click to enlarge, for full glory.

Haruhiko Kuroda, governor of Bank of Japan, had just repeated his mantra at a press conference on May 22, one day before the Nikkei collapsed over 1,000 points, that (according to Nikkei Shinbun 5/22/2013 article):

• Long rate is rising because the rates in Europe and the US are rising [Let's blame others, that's the Japanese way]; and

• BOJ's purchase of JGB compresses the risk premium, and the effect will get stronger as BOJ buys more [Let's flat-out lie, until people actually believe it]

• He doesn't expect the long rate to jump, under the rate-lowering pressure from quantitative and qualitative easing [And let's lie some more..]

BOJ's purchase of JGB since early April has been nothing but disaster, with risk premium widening. The 10-year bond yield dropped to 0.315% on April 5, 2013, the day after Kuroda announced a new and improved quantitative easing of 7 trillion yen per month. The 10-year yield was 1% on May 23, 2013, 200% jump from the low on April 5.

Some "compression", Mr. Kuroda. Maybe it's another BOJ Newspeak, where "inflation" is "price stability". "Expansion" therefore must be "compression".

Yesterday's Nikkei fall started right after Kuroda's BOJ injected 2.8 trillion yen into the bond market to stabilize the (again) extremely volatile market as the bond futures trading was halted.

So what's the official excuse for that fall?　As far as the semi-official story in Nikkei Shinbun (5/24/2013) goes, the consensus views are:

• The correction has nothing to do with the (economic) fundamentals [which they call "fandamentaruzu" in katakana transliteration to disguise what it actually means];

• It is just profit-taking, in a stock market that has risen 80% since November 2012 [So they do think the market that rose 80% in 6 months reflects economic fundamentals of Japan. Sure.];

• [And sure enough,] Japanese economy is on a solid footing;

• The Nikkei level after the fall on May 23 is just about right, even a little bit cheaper; and

• BTFD (Buy The Failed Dip), with "animal spirit".

As you see, all is well. Keep repeating the lies and soon everyone will believe them and make the lies come true. That's what the Japanese government has been effectively doing, since March 11, 2011 in particular.

The magnitude of the Nikkei fall is unmistakable, though. From Bloomberg.com's homepage, chart that plots Nikkei, FTSE, Dow:

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Suicide Bombers Attack Niger's Military Base and AREVA's Uranium Mine, 23 Dead

From Bloomberg/Newsweek (5/23/2013):

Niger Terrorist Attacks Leave 23 Dead as Areva Staff Hurt (2)

At least 23 people were reported dead in attacks on a Niger military base and a Areva SA (AREVA) uranium mine as one of the Islamist groups that prompted French strikes on neighboring Mali claimed responsibility.

Radio France International cited government officials it didn’t identify for the death toll. Interior Minister Abdou Labo told reporters in Niamey, the capital, that at least 19 people are confirmed dead, including 18 soldiers. Four of the attackers were killed, he said, and a fifth was holding hostages at the Agadez base.

Areva, the French maker of nuclear fuel and reactors, said one of its workers died and 14 were injured at the site near Arlit, 240 kilometers (149 miles) north of Agadez.

Forces in Niger have stepped up “security on all of our sites” following the assault at about 5:30 a.m. local time at the Somair uranium mine near Arlit in the north, Areva said in a statement. The injured people were transferred to the Somair hospital, Areva said.

Areva, which produced more than 4,500 metric tons of uranium in Niger last year out of total production of 9,760 tons, increased security measures at its sites in the West African nation after seven workers employed by the company and a unit of Vinci SA (DG) were kidnapped in 2010, and again as French military forces intervened to oust rebels in Mali earlier this year.

Responsibility for the attacks was claimed by the Movement for Unity and Jihad in West Africa, known by their French acronym Mujao, according to RFI. The group is among Islamist insurgents, including al-Qaeda in the Islamic Maghreb, who took over most of northern Mali until the French campaign to push them out.
Sahara Desert

Areva owns 63.6 percent of Somair, the company that operates the mine, and the government of Niger owns the rest. The site produced 3,000 tons of uranium last year, the company said in December.

The French company also owns 34 percent of Cominak, another uranium mine in Niger, and is in talks to sell part of its majority stake in Imouraren SA, a third production site being developed in the country, to China National Nuclear Corp.

Niger, which started oil production in the south in 2011, has previously battled insurgencies led by ethnic Touaregs in the remote north along the edge of the Sahara, where tourists once visited ancient carvings and mosques on desert journeys.

While Touaregs were early drivers of the rebellion in neighboring Mali that started in late 2011, they were later largely overpowered by the al-Qaeda-linked groups, cedeing much of their territory until the French campaign.

A group of terrorists killed at least 38 hostages in an attack on a gas complex in Algeria, which neighbors Mali and Niger, earlier this year.

AREVA's press release doesn't say much beyond what's in the article (one person died, 14 injured):

Attack against the Somair Mine in Niger – Death of one of the wounded

May 23, 2013

3:37 pm (Paris time)

AREVA has just learned with great sadness of the death of one of the victims injured during the attack of the Somaïr site. The group shares its most sincere condolences with the family and loved ones.

The current status is 14 injured people. They have been taken into care by emergency services and have been transferred to the hospital in Somaïr.

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Japan's Nikkei Free-Falling, -1143

(UPDATE) It is ugly in Europe, with Germany's DAX down 223 points (2.62%). US stock futures are ugly, too. Dow futures down 159. Ben's Fed has some work to do before the cash market opens.

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The stock market in Japan is supposedly disliking the contracting Chinese economy and the US Fed comment about "tapering" down the QE4EVA, but I think it's about another botched day in the JGB (Japanese Government Bond) futures market which was halted (yet again) when the price dropped and yield spiked. 10-year JGB's yield hit 1%, almost triple the yield right before the Bank of Japan intervention in early April.

Nikkei is now minus 940...still 5 minutes to trade.

I wonder if Governor Inose now has second thoughts about advancing the Japan Standard Time. He wouldn't want to start the financial day for the entire world with disaster after disaster in Japanese financial markets, would he?

It is now minus 976, one minute to trade...

...and just ended the day with minus 1,143. That's an intraday swing of 1,459 from the high of 15,942, or over 9% swing.

Now their stock market is catching up with the bond market in terms of extreme volatility.

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Idiosyncratic Japan: Governor of Tokyo Wants to Set Japan Standard Time 2 Hours Earlier, Making Tokyo the First Financial Market to Open in the World

(I almost put the title as "Idiotic Japan" instead of "Idiosyncratic Japan"...)

He's at it again. Governor of Tokyo Naoki Inose seems to have fully recovered from his faux pas over Turkey. He now wants to have the Japan Standard Time advance by 2 hours so that the Japanese financial markets will become the first major market in the world to open.

What's the point, you may ask?

According to Asahi Shinbun who reported the news, it is to enhance the status of Tokyo as financial center in the eyes of the world. Daylight saving time (Summer time)-like effect will be economically beneficial, they say, without telling us who touted these benefits (I assume it is Governor Inose).

By advancing the clock by two hours, Tokyo can open one hour earlier than Australia.

Are they kidding, you may ask?

No, dead serious. The Abe administration will consider Inose's demand as part of the economic growth strategy to be compiled in June, in preparation for the July Upper House election.

I could already hear roaring laughs from real financial centers in Asia (Hong Kong, Singapore, Shanghai).

From Asahi Shinbun (5/22/2013):

日本の標準時「２時間早く」　都知事が提案、政府検討へ

Governor of Tokyo suggests Japan Standard Time to be "two hours earlier", and the national government will consider the suggestion

東京都の猪瀬直樹知事は、２２日の政府の産業競争力会議で、日本の「標準時」を２時間早めることを提案する。東京の金融市場が始まる時間を世界で最も早くすることで、金融機関の拠点を日本に置く動きを促す狙いだ。政府は６月にまとめる成長戦略に盛り込むことを含めて検討に入る。

Governor of Tokyo Naoki Inose is going to propose at a meeting of the industrial competitiveness conference to be held on May 22 by the national government that Japan Standard Time be advanced by two hours. The aim is to encourage financial institutions to be based on Japan by making the financial markets in Tokyo first to open in the world.

日本の標準時は１８８６（明治１９）年に定めて以来、変更していない。しかし、海外ではシンガポールが１９８２年に標準時を早めるなど、政府の判断により標準時を変えた例はある。

Japan Standard Time was set in 1886 and hasn't been changed since. However, there are examples overseas in which the standard times were altered by the government decisions. For example, Singapore advanced the local standard time in 1982.

東京の標準時が２時間早まれば、外国為替市場などが１日のうちで世界で最初に開くことになり、世界の金融市場で東京の存在感が高まるという。

If Japan Standard Time is advanced by two hours, financial markets such as foreign exchange markets will be the first to open in the world, and that is said to enhance the presence of Tokyo among the world financial markets.

また、いまは日本時間の夕方に欧州の金融市場が始まるが、標準時を２時間早めれば、東京、ロンドン、ニューヨークの三大市場で、市場が開いている時間を補完し合える。

Right now, the European financial markets open in the evening in Japan. But if Japan Standard Time is advanced by two hours, the market hours of the three biggest financial markets of Tokyo, London and New York can complement each other.

サマータイムと似た効果も得られ、エネルギー消費の節約にもつながるという。

Effects similar to daylight saving time (summer time) will be obtained, resulting in savings in energy consumption.

The presence of Tokyo in the world financial markets has been already enhanced, albeit in a bad way, with yields of Japanese Government Bonds (JGBs) going all over the place and crashing other financial asset classes, thanks to Bank of Japan's clumsy, amateurish interventions (none of which by the way is reported much in Japanese press).

Daylight saving time is usually one hour advance. But no, Japan will do two, and screw up everyone's internal clock badly. Why it's all for the economic growth!

Japan as Number One was the title of a best-selling book by Ezra Vogel published in 1979, before the start of the asset bubble in Japan in 1980s.

One more time, with arrogance and hubris.

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(OT) Are You Right-Brained or Left-Brained? (Or Is She Spinning Clockwise or Counter-Clockwise?)

Apparently, she's spinning clockwise all the time for some, counter-clockwise for other. Some see both but cannot control the direction, and others can switch at will.

(I can switch if I focus, and it feels bizarre.)

The article that appeared in Australia's Herald Sun on October 9, 2007 says most of us see only counter-clockwise (i.e. left-brained), but when I re-tweeted this article there were many who said they could only see clockwise turn no matter how hard they try.

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US Congressional Research Service on Japan-US Relationship: Abe Administration "Could Upset Regional Relations in Ways that Hurt U.S. Interests"

Ouch.

Chief Cabinet Secretary of the Abe administration is trying to spin it by saying, "The report must have been based on misunderstanding." But as I'm skimming through the report written by three Asia specialists and one specialist on international trade and finance at the Congressional Research Service of the US government, it is well written, and the grasp of Japanese politics and economic issues looks solid.

From CRS Report for Congress Prepared for Members and Committees of Congress "Japan-U.S. Relations: Issues for Congress" (5/1/2013; emphasis is mine):

(From "Summary")

Japan is a significant partner for the United States in a number of foreign policy areas, particularly in terms of security priorities, from hedging against Chinese military modernization to countering threats from North Korea. The post-World War II U.S.-Japan alliance has long been an anchor of the U.S. security role in East Asia. The alliance facilitates the forward deployment of about 49,000 U.S. troops and other U.S. military assets based in Japan in the Asia-Pacific.

Japan has struggled to find political stability in the past seven years. Since 2007, six men have been prime minister, including the current premier Shinzo Abe, who also held the post in 2006-2007. His Liberal Democratic Party (LDP) returned to power in a landslide election in December 2012. Japan’s leaders face daunting tasks: an increasingly assertive China, a weak economy, and rebuilding from the devastating March 2011 earthquake, tsunami, and nuclear disaster. In recent years, opposition control of one chamber of parliament has paralyzed policymaking in Tokyo and
made U.S.-Japan relations difficult to manage despite overall shared national interests. Abe is unlikely to pursue controversial initiatives before the next national elections, for the Upper House of parliament (called the Diet) in July 2013. Perhaps most significantly, the United States could become directly involved in a military conflict between Japan and China over the Senkaku/Diaoyu islets in the East China Sea.

Comments and actions on controversial historical issues by Prime Minister Abe and his cabinet have raised concern that Tokyo could upset regional relations in ways that hurt U.S. interests. Abe is known as a strong nationalist. Abe’s approach to issues like the so-called “comfort women” sex slaves from the World War II era, history textbooks, visits to the Yasukuni Shrine that honors Japan’s war dead, and statements on a territorial dispute with South Korea will be closely monitored by Japan’s neighbors as well as the United States.

(From "Japan’s Foreign Policy and U.S.-Japan Relations", page 10)

It remains uncertain how Prime Minister Abe will fare as a steward of the relationship. On the one hand, he is known as a strong supporter of the U.S. alliance and promotes a number of security positions that align with the United States. He is an advocate of building relations with fellow democracies, particularly advancing security ties with Australia and India. On the other hand, Abe faces questions about his ability to steer foreign policy away from divisive regional issues that could hurt U.S. interests. (See section below for discussion.) In addition, domestic political divisions mean that major U.S. priorities such as Japan agreeing to the terms for the Trans-Pacific Partnership (see “Economic Issues” section for more) and allowing for more advanced defense cooperation (see “Alliance Issues” section for more) will be difficult to pursue. Abe’s approval ratings after his initial fourth months in office remained high, but action on many agenda items may be determined by the July 2013 Upper House election results.

(About "comfort women" - sex slaves, page 11)

Abe’s statements on the so-called “comfort women”—sex slaves used by the Japanese imperial military during its conquest and colonization of several Asian countries in the 1930s and 1940s—have been criticized by other regional powers and the U.S. House of Representatives in a 2007 resolution. Abe has suggested that his government might consider revising a 1993 official Japanese apology for its treatment of these women, a move that would be sure to degrade Tokyo’s relations with South Korea and other countries.

(About U.S. World-War II-Era Prisoners of War (POWs), page 14)

For decades, U.S. soldiers who were held captive by Imperial Japan during World War II have sought official apologies from the Japanese government for their treatment. A number of Members of Congress have supported these campaigns. The brutal conditions of Japanese POW camps have been widely documented.(24) In May 2009, Japanese Ambassador to the United States Ichiro Fujisaki attended the last convention of the American Defenders of Bataan and Corregidor to deliver a cabinet-approved apology for their suffering and abuse. In 2010, with the support and encouragement of the Obama Administration, the Japanese government financed a Japanese/American POW Friendship Program for former American POWs and their immediate family members to visit Japan, receive an apology from the sitting Foreign Minister and other Japanese Cabinet members, and travel to the sites of their POW camps. Annual trips were held in 2010, 2011, and 2012.(25) It is unclear whether the Abe government will continue the program. It is also unclear if Abe and other LDP politicians’ suggestions that past Japanese apologies should be reworded or retracted include the apologies to the U.S. POWs. In the 112th Congress, three resolutions—S.Res. 333, H.Res. 324, and H.Res. 333—were introduced thanking the government of Japan for its apology and for arranging the visitation program.26 The resolutions also encouraged the Japanese to do more for the U.S. POWs, including by continuing and expanding the visitation programs as well as its World War II education efforts. They also called for Japanese companies to apologize for their or their predecessor firms’ use of un- or inadequately compensated forced prison laborers during the war.

I don't think many Japanese are even aware of former American POWs... The Abe administration certainly wants to "reword" what took place in the World War II, starting with the definition of "aggression".

(About "Japanese politics", page 32)

The December 2012 Elections: A Landslide Without a Mandate for the LDP

Since 2007, Japanese politics has been plagued by in stability. Six men have been prime minister, including the current occupant of the post, Shinzo Abe (born in 1954), who was also prime minister for a 12-month period from 2006-2007. The LDP’s dominant victory in the December 2012 Lower House elections swept the party back into power. However, in the view of most observers—and even many in the LDP—the results were more attributable to voters’ desire to eject the Democratic Party of Japan (DPJ) from power rather than enthusiasm for the LDP or its policy proposals.(51) Indeed, by some measures, the LDP garnered less support than in the last Lower House election, in 2009. Nonetheless, it was able to secure a commanding number of seats because of one of the lowest turnouts (59%) in the post-World War II era and the splitting of the anti-LDP vote among the DPJ and a number of new or relatively new parties.

The Abe administration, and Prime Minister Abe himself, has been craving the love and attention from the US administration. After visiting President Obama, Abe was heard complaining to his aides, "I traveled great distance to see him (President Obama), and but didn't even smile at me."

Instead, in this report, I sense a puzzlement, almost a slight dismay - of all nations, why does Japan under this prime minister have to be the US military ally and economic partner?

As usual, some of the response I get on Japanese Twitter is rabidly anti-US, casting Japan as "victim"; it's all because of China, Korea, or the US that Japan and the Japanese suffer, and they are there to wrestle money from Japan.

Like worrying that Thais will re-export expensive tomatoes and asparagus from Fukushima back to Japan and the Japanese will suffer.

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Cherry Tomatoes and Asparagus, From #Fukushima to Thailand

I don't quite understand the psychology of some of the farmers in Fukushima in the past two years. From what's been reported and what I've known in blogs and tweets, they are angry that fickle consumers outside their prefecture are still fanning the "baseless rumors" that their produce is contaminated with radioactive materials from the biggest nuclear accident in Japan in history, and they are determined more than ever to keep producing anything they like and demand that consumers buy them, because they have to make living. I'm sure there are conscientious farmers who would rather not farm, but they are not vocal.

"Eat and support" is now clearly being expanded to foreign countries, with Thailand to start.

For some time, the Fukushima prefectural government and Fukushima JA seem to have been targeting Thailand, which receives 70% of foreign economic aids from Japan, according to Japanese Ministry of Economy, Trade and Industry. First, it was Fukushima peaches. Then apples, pears, then persimmons. Now, Fukushima will sell fresh cherry tomatoes and asparagus to wealthy Thais.

That, on top of the hot money escaping from Japan, thanks to PM Abe and BOJ's Kuroda, and pouring into developing nations including Thailand. Thais are traditionally very friendly to Japanese, but I wonder how long that will last.

From Fukushima Minyu (5/17/2013; part):

県産野菜をタイで販売へ　ミニトマトとアスパラ初輸出

Vegetables grown in Fukushima to be sold in Thailand, first export of cherry tomatoes and asparagus

　県や市町村、県内企業でつくる県貿易促進協議会は１６日、県産のミニトマトとアスパラガスをタイへ初輸出、２４～２６日にバンコク市の大手デパートで試験販売すると発表した。県産野菜のタイ輸出は初めて。２３日は現地で商談会を開き、県内の酒造会社４社の銘酒も提供する。同協議会は県産モモとリンゴの売れ行きが好調だった実績を好感、タイへの輸出拡大に向け販売促進活動を本格化させる足掛かりにしたい考えだ。

Fukushima Trade Promotion Council made of the prefectural and municipal governments and corporations in Fukushima announced on May 16 that cherry tomatoes and asparagus grown in Fukushima will be exported to Thailand for the first time, and test sales will be on May 24 to 26 at large department stores in Bangkok. It will be the first export of Fukushima's vegetables to Thailand. On May 23, a business meeting with potential buyers will be set up in Bangkok, where 4 brands of well-renowned sake in Fukushima will be offered. The Council felt good that peaches and apples from Fukushima sold well [in Thailand last year], and wants to make this occasion a foothold to expand export to Thailand.

　輸出するのは、いわきトマトランド（いわき市）が生産するミニトマト４０キロ、ＪＡ会津いいでが出荷する喜多方市産のアスパラガス３０キロ。試験販売のため量を絞り、タイの大手デパート系列５店舗で店頭に並ぶ。輸出にはタイ政府指定の検査機関で安全性を確認する必要があるため、出荷時にアスパラガスとミニトマトの放射性物質検査を実施。それぞれ検査証明書を添え、羽田空港から空輸する。

Vegetables to be exported this time are 40 kilograms of cherry tomatoes produced by Tomatoland Iwaki (in Iwaki City), and 30 kilograms of asparagus produced in Kitakata City and shipped by JA Aizu Iide. Since it will be a test sales, the quantities will be small, and they will be sold at 5 stores of a large department store chain in Thailand. In order to export, it is necessary to confirm the safety of the produce at a testing laboratory designated by the Thai government. So, at the time of shipment, the vegetables will be tested for radioactive materials. The test results will be attached to the vegetables which will be transported by air from Haneda Airport.

Tomatoland Iwaki's homepage proudly says "Delicious and Safe Produce to Your Table".

The company says it tests its tomatoes for radioactive materials using the germanium semiconductor detector at an outside lab. Radioactive cesium not detected, says the latest result for cherry tomato on May 15, 2013. Looking closely, I notice that the detection limit is 10 Bq/kg. That's awfully high for the germanium semiconductor detector, meaning they don't test long. But in post-Fukushima Japan, if it is less than 10 Bq/kg, what are you complaining about? There's nothing to fear.

Iwaki City is located 30 kilometers south of Fukushima I Nuclear Power Plant.

While the Aizu region (mountain third of Fukushima) are relatively free of radioactive materials from the accident, areas around Kitakata City is unfortunately not so clean, as you can see in Professor Hayakawa's map.

Fukushima Prefecture's own testing of asparagus from Kitakata City has been N/D, with the detection limit of about 8 to 20 Bq/kg for radioactive cesium.

So, people in Bangkok will have an opportunity to taste pricey cherry tomatoes and asparagus from Fukushima which may or may not have radioactive cesium, in addition to peaches, apples and persimmons which were found with radioactive cesium, albeit below the government safety standard of 100 Bq/kg.

There are people who retweet this story in Japan with their comment like "Now the risk of having these vegetables and fruits processed in Thailand and shipped back to Japan as "Made-in-Thailand" food will be even greater!" It does not make any economical sense for Thais to do so, but for some Japanese, it has to be always the Japanese who are the victims of this nuclear accident.

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Belgium's Two Nuclear Reactors with Cracks Are Good to Restart, Minister Says Government Does Not Have Power To Interfere with "Independent" Regulator and Operator

These days, things nuclear look almost serene compared to the (soap) scums in the political world (here and here in Japan, here and here and here in the US, for some examples).

But that's probably because political scums are used to mask problems that cannot be fixed.

Belgium, having to rely on nuclear power for more than 50% of electricity, has declared two reactors safe to operate whose Reactor Pressure Vessels were found with thousands of small cracks in August 2012 (see my post for one of them).

Why? Because there is no way to fix the cracks now (besides, the company that made the vessels went out of business), and Belgium needs electricity.

From Reuters (5/17/2013):

UPDATE 1-Belgian regulator clears GDF to restart nuclear reactors

* A third of Belgium's nuclear capacity closed since last yr

* Reactors should restart in 2-3 weeks (Recasts with regulator confirmation)

By Philip Blenkinsop

BRUSSELS, May 17 (Reuters) - Belgium's nuclear safety regulator has given approval for GDF Suez to restart two nuclear reactors closed last year over safety concerns, it said in a report on Friday.

"The Federal Agency for Nuclear Control considers that the Doel 3 and Tihange 2 reactor units can be restarted safely," the report said.

It added that all of the safety concerns had been resolved satisfactorily.

Belgium halted the 1,006-megawatt (MW) Doel 3 reactor in August last year after indications of cracks were discovered on the core tank during ultrasound checks.

A month later, it found similar flaws on the 1,008-MW Tihange 2 after it tested the tank during a routine stoppage, leaving Belgium without a third of its nuclear power generation capacity.

It will take two to three weeks to restart the reactors, a spokeswoman for GDF Suez's Belgian division Electrabel said following the decision.

According to Asahi Shinbun who reported the news in Japan, Doel 3 reactor has over 8,000 small cracks, and Tihange 2 has over 2,000. They conducted the tolerance test to ensure safety, according to Asahi.

Greenpeace is vowed to sue the Belgium government, according to Euronews (5/17/2013):

Greenpeace are threatening to sue the Belgian government. The leading environmental activist network is threatening legal action after Belgium’s nuclear safety regulator gave the green light to GDF Suez to go ahead and restart two nuclear reactors.

However, during a news conference, the Belgian Interior Minister, Joelle Milquet claimed that the government does not have the power to block the move.

“The independent regulator provides technical advice to an operator on the restarting of its operations. We do not have the ability to interfere in the decision, because it is an independent operator,” he said.

Last year two nuclear reactors were closed after safety concerns were flagged up in their their tanks, during an ultrasound check.

Greenpeace says it is the government’s responsibility to guarantee the safety of the Belgian people.

“We will summon the government for the lack of decent emergency plan and at the same time they increase the risks of a nuclear accident,” says Greenpeace Belgium energy campaigner Eloi Glorieux.

So while a legal battle may be brewing reactors, Doel 3 and Tihange 2 could be back up and running within 3 weeks, now that Belgium’s nuclear watchdog claims all issues have been resolved.

What does the minister mean, the government does not have the power to block the move? Ensuring the safety of things like nuclear reactors is one of the few remaining good things that a government should do.

In contrast, Switzerland's Mühleberg Nuclear Power Plant has a huge crack in the core shroud inside the Reactor Pressure Vessel, and the license to operate is set to be withdrawn by the court order in June this year.

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#Idiosyncratic Japan: Business Is Good at Tokyo's "Soaplands", and They Call the Boom "Awa (Soap Bubble) nomics"

Ahhhhh this can't be happening......

As Boy-wonder speaks of Japanese sex industry as solution to Marines in Okinawa and doubles down on his "opinion" that comfort women were necessary and they were no sex slaves and everyone did it, The Economist magazine puts wrinkled Abe as a superman of some sort flying over Tokyo accompanied by two Japanese fighter jets, and puts out an article titled "Japan and Abenomics: Once more with feeling" with the opening paragraph talking about price hike at "soapland" outfits in Tokyo that offer sexual massage.

Welcome to "Awanomics". ("Awa" is bubble, as in soap bubble used in the soapland massage.)

From The Economist (5/18/2013):

Japan and Abenomics: Once more with feeling

The Shinzo Abe shaking up Japan’s economy seems a different man from the one whose previous premiership was marked by nationalistic posturing. He isn’t

IN “SOAPLAND”—Sopurando, a Tokyo red-light district—the price of a basic half-hour “massage” has recently gone up for the first time since 1990. Demand for the top-end, “highly technical” massage service, costing ¥60,000 ($600) a go, has also been soaring, according to Akira Ikoma, editor of My Journey, which covers the sex industry. He says it is all thanks to the surging stockmarket.

In Sopurando they are cheekily calling this reinvigoration “awanomics”, from awa, meaning bubble or lather. Elsewhere in Japan they call it Abenomics in honour of Shinzo Abe, elected prime minister in December 2012. Japan, Mr Abe declared as he took office, was back, and he lost not a moment in proving it. Having quickly assembled his cabinet, in January he announced a ¥10.3 trillion fiscal stimulus.

(Full article at the link)

The article even has a Japanese Self Defense Force ship with the rising-sun flag of the imperial navy (which is still used as the naval ensign of the SDF). It had been used before the Meiji government adopted it as military flag, but it is widely regarded in Asia in particular as the symbol of Japanese aggression (which Boy-wonder's sidekick and Governor of Osaka Prefecture wants it precisely defined).

The somewhat light-hearted, Keynesian article still ends somewhat ominously:

The emperor’s new constitution

Some amendments to the 1947 constitution, such as one acknowledging Japan’s clear right to a standing army, navy and air force, are now broadly popular. But it is becoming clear that Mr Abe and the traditionalists, pining for an imperial era from which most of the country has moved on, aim to go further than that. They want, among other things: the emperor to be restored as head of state; collective duties emphasised over individual rights; and veneration for the family unit. As a precursor to such changes, the LDP plans to make it easier to amend a constitution which so far has never been altered. The current process requires a two-thirds majority in each house, plus a national referendum.

At best, all this could prove a distraction at a time when some structural-reform initiatives already appear to be running into the sands. At worst, it could endanger all reform by eroding the government’s popularity, at the same time increasing tensions with Japan’s neighbours. Far from having banished the ghosts of his past, as some of his advisers claim, the prime minister is in danger of summoning them up again.

The section title is a pun on Hans Christian Andersen's "The Emperor's New Clothes", I believe. Not good at all...

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"Comfort Women" Controversy: Mayor Hashimoto to Hold a Press Conference at the Foreign Correspondents' Club of Japan

(UPDATE) It is on. The Foreign Correspondents' Club of Japan announcement:

P/L Toru Hashimoto Mayor of Osaka and Co-leader of The Japan Restoration Party

Summary :
PROFESSIONAL LUNCHEON Toru Hashimoto Mayor of Osaka and Co-leader of The Japan Restoration Party

Description :

PROFESSIONAL LUNCHEON

Toru Hashimoto

Mayor of Osaka and Co-leader of The Japan Restoration Party

12:00-14:00 Monday, May 27, 2013

(The speech and Q & A will be in Japanese with English interpretation)

* Initial reservations are limited to two tickets and may be subject to further change.

Since 2008, when he became Osaka governor, Toru Hashimoto has been described, variously, as the long-awaited savior of Japanese politics, as a smart, practical, reformer representing a new generation, a populist fighting the hated Tokyo bureaucrats, a fascist dictator, and as "Japan's answer to the American Tea Party movement."

In November 2011, Hashimoto and his local party, Osaka Ishin no Kai, took control of the Osaka mayor's office, the governor's office and the Osaka prefectural government assembly. Hashimoto then went national, tying up with former Tokyo Governor Shintaro Ishihara for last year's Lower House election. Their Japan Restoration Party won 54 seats, making it the third largest party in that chamber.

In recent months, however, the party and Hashimoto have been largely eclipsed by Prime Minister Abe’s economic program dubbed “Abenomics.” All of that changed last week, however, when Hashimoto began speaking out on “comfort women,” war-time prostitution and related issues, bringing a virtual wave of international criticism.

In response, Hashimoto made a declaration: He would come to the FCCJ to explain his views to a global audience. His appearance will almost certainly be one of the top news events of the year.

The outspoken Hashimoto loves a good debate, and is one of the few Japanese political leaders whose press conferences are open to all. He is reportedly something of an expert on French wines and old whiskies, and he's an avid user of social media, with a Twitter account that has over 1 million followers worldwide.

Please reserve in advance, 3211-3161 or on the website (still & TV cameras inclusive). The charge for members/non-members is 1,700/2,600 yen, non-members eligible to attend may pay in cash (menu: hamburger steak mushroom sauce). Reservations canceled less than one hour in advance for working press members, and 24 hours for all others, will be charged in full. Reservations and cancellations are not complete without confirmation. For meal service, please enter the room by 12:25.

Professional Activities Committee

I don't know whether the comments like "almost certainly be one of the top news events of the year" are sarcastic or not.

=======================================


Mark your calendar. It will be on May 27, 2013.

Boy-wonder doubles and triples down on his remarks that "comfort women" were necessary, that everybody did it, and that his remarks were misunderstood by foreigners because he can't speak English because of Liberal Democratic Party.

(Huh?)

According to the world of Toru Hashimoto, mayor of Osaka City and co-president of Japan Restoration Party, these women were "pros", and not "sex slaves". Tell that to the Japanese, Korean, Chinese, Dutch, Philippino, and other women in Japan-occupied Asia from that time.

Kyodo News has a tepid coverage of Hashimoto's plan, and reduces everything to "difference of opinion".

From Kyodo News (5/19/2013):

橋下氏、特派員協会に説明の考え　慰安婦問題、性奴隷を否定

Mr. Hashimoto will explain the issue of comfort women at the Foreign Correspondents' Club, denies they were sex slaves

日本維新の会共同代表の橋下徹大阪市長は１９日の民放番組で、旧日本軍の従軍慰安婦について「暴行、脅迫、拉致を、国を挙げてやり、嫌がる女性に無理やり（慰安婦を）やらせた『性奴隷』と言われている。それは違う」と述べ、２７日に東京で外国特派員協会に対し、こうした見解を説明する考えを示した。

Toru Hashimoto, mayor of Osaka City and co-president of Japan Restoration Party, appeared in a TV program on May 19, and talked about the comfort women of the Japanese imperial army. He said, "It is said that the whole nation raped, threatened and abducted these women and forced them against their will to become (comfort women) and thus "sex slaves". But that's not true." He said he will explain his opinion at the Foreign Correspondents' Club of Japan in Tokyo on May 27.

既に来日し、２４日に橋下氏と面会する韓国人の元従軍慰安婦は「経験した本人がいるのに、どうして証拠がないと言えるのか」と橋下氏の一連の発言を批判しており、見解の相違が際立った格好だ。

A Korean former comfort woman, who is already in Japan to meet with Mr. Hashimoto on May 24, criticizes Mr. Hashimoto's remarks, saying "I experienced exactly that. How can he say there is no evidence?" It seems to highlight the difference of opinion.

There are an amazing number of Japanese who staunchly support Boy-wonder. They all cling on to the semantics, and seem to think these women were willing prostitutes selling themselves for money. Here's one example of the tweets I get:

Hashimoto is doing the politics of words. He's challenging the existing framework of the US being always right.

What does that have to do with forced slavery under the Japanese imperial army?

Boy-wonder's latest excuse is that he didn't know enough about "US adult entertainment (sex) industry" when he talked to the Marine base commander in Okinawa and suggested to him that Marines make good use of Japanese sex industry.

This is a "Young Global Leader" elected by the world elite who meet at Davos every year.

What a wonderful world.

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Reuters: There Is No Plan B for Japan, as Abe Bets the Whole Country on His Economic Programs Dubbed "Abenomics"

Japan’s Prime Minister Shinzo Abe in the cockpit of T-4 training jet at the Japan Air Self-Defense Force base in Higashimatsushima, Miyagi prefecture, May 12, 2013. REUTERS/Kyodo


Tank commander was clearly not enough. What's next? A battleship captain?

Good luck, Japan. You'll need it. Even that won't help you much with the leader like this.

From Reuters Opinion page, by Anatole Kaletsky (5/17/2013; emphasis is mine):

The 3.5 percent gross domestic product growth announced by Tokyo Wednesday suggests that Japan may be the fastest-growing economy in the G7. Since the Tokyo stock market hit bottom exactly six months ago, the Nikkei share index has soared almost 80 percent. Meanwhile, the yen has experienced its biggest six-month move against the dollar. All these events appear linked to the election of Shinzo Abe and the regime he has installed at the Bank of Japan.

Even after 20 years of stagnation, Japan remains the world’s third-largest economy, with a 2012 GDP of $6 trillion, equal to France, Italy and Spain combined. Financiers, business leaders and economists everywhere are starting to ask the obvious question: Is Japan finally taking the truly radical action required to fix its economy and end its “lost decades”?

This, however, is the wrong question. It confounds two very different issues – which need to be carefully distinguished to understand what’s happening in Japan.

The first question is whether Japan is truly committed to actions far more radical than anything attempted in the past 20 years. The second question is whether these actions, if pursued with determination and persistence, will fix Japan’s economy.

The first question was answered with a clear “yes” in March, when Abe appointed Haruhiko Kuroda as the governor of the Bank of Japan. Kuroda is an independent thinker, light-years from the consensus-seeking bureaucrats who have dominated Japanese policymaking for 20 years.

Kuroda demonstrated this immediately, in his first meeting of the BoJ council. He announced a monetary stimulus of staggering proportions – roughly three times larger, relative to the size of the Japanese economy, than the Federal Reserve’s quantitative easing in the United States.

But that still leaves the second question: Will Japan’s unprecedented macroeconomic expansion succeed in delivering the hoped-for economic growth? The answer is “maybe.”

Most bottom-up analysts, economists and investment analysts, who study companies and industrial sectors in detail, put the probability of success at well below 50 percent. Japan, after all, has profound structural problems: a shrinking population, misallocation of investment, enormous public debt, protectionist lobbies in service industries and agriculture, inflexible labor practices, unimaginative management – the list could go on. None of these can be fixed by monetary policy.

Why, then have stock market investors turned so bullish? Because top-down investors, who seek to profit from macroeconomic trends, have ignored the skepticism of bottom-up investors. To see why they have done this – and why they may be right – let us return to my two questions.

Bottom-up analysts, who think mostly about structural issues, quite reasonably argue that macroeconomic policies, however bold, will not help Sony invent the next iPhone. They will not turn frugal pensioners into spendthrifts or stop Japanese companies from hoarding profits instead of distributing excess cash to shareholders through higher dividends or to workers through higher wages.

Macro-investors, on the other hand, see unprecedented fiscal and monetary expansion as a good enough reason to buy Japanese equities and sell the yen. But if bullish macro-investors keep acting on Japan with enough conviction, they could change Japanese economic reality and win their intellectual contest with skeptical bottom-up analysts.

(In other words, exactly the same forces that have been driving the US stock market up so much that even the financial cheerleaders at CNBC are voicing concerns that the market does not reflect the main street at all. But then who cares about the main street, other than people on the main street? Now, onward with the article's conclusion part...)

Finally, the macroeconomic stimulus of the past few months is only the beginning, not the end, of the Abe program. Abenomics has been described as a quiver with three arrows – fiscal stimulus, monetary expansion and structural reform. The third arrow will be fired only if Abe wins the Upper House election in July.

After that election, Abe is almost certain to make structural reforms in areas such as international competition, female labor participation, employment deregulation, lower energy prices and corporate taxation. These reforms will likely meet with opposition from powerful political lobbies. But some, at least, are almost certain to go ahead.

The reason is that Japan will have no choice. The fiscal and monetary expansion started in the first few months of Abenomics has been so extreme that there is no turning back. Unless Japan can achieve much faster economic growth, Abe’s radical experiment with macroeconomic stimulus will create a debt and monetary overhang so huge that it will bankrupt the financial system and possibly trigger hyper-inflation.

In short, Abe has bet his country on the success of his economic program. He will now be forced to do whatever it takes to achieve strong growth, both through macroeconomic stimulus and structural reform.

The financial arithmetic of Abenomics means that tolerable stagnation is no longer an option for Japan.

The Abe administration seems to think the economy will grow if female labor participation goes up. They look at the statistics in other countries, and see the statistical significance (I don't think so, but they do) as the causality. How are they going to lower energy prices with the falling yen? Who knows? Nobody cares, particularly not those "macro" investors - i.e. Goldman Sachs and J.P.Morgan Chase. "Macro" means nothing but government policies these days, and no one is more proficient in "macro" investment than these two.

There is no "Plan-B", as Abe bet the whole country on the success of his pet project that he says he polished over those years after he resigned from the premiership till his party's win in 2012 December election.

For the likes of Abe, if his pet project ends in an unmitigated disaster that finally sinks the country (and a good chunk of the world economy with it - after all, Japan is still the third largest economy), that will be probably OK as long as his name will be associated with the disaster, making history.

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(OT) Ancient Airs and Dances, Suite No.3 by Ottorino Respighi

Boston Symphony Orchestra conducted by Seiji Ozawa, excellent interpretation - lyrical but not overly dramatic, clean.

(I am playing this on Friday night (second violin, principal), and have been busy doing the rehearsals. Sorry I haven't been able to post much because of that.)

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US State Department's Response to Osaka City Mayor Hashimoto: "Outrageous and Offensive", with Transcript Footnote Showing Disgust to Asahi Reporter's Question

A reporter from Asahi Shinbun went to the daily briefing at the State Department on May 16, 2013 and asked questions to the spokesperson Jen Psaki.

What do you think of Mayor Hashimoto's comments?

What do you think, were those women "comfort women" or "sex slaves"?

(Oh boy.)

From the US Department of State Daily Briefings transcript for May 16, 2013:

QUESTION: Hi, my name is Takashi from Japanese newspaper Asahi. Osaka City Mayor Hashimoto recently made a comment on the so-called “comfort women” issue, arguing that even though it is unacceptable from the moral perspective value, but the comfort women were necessary during the war period. And he also argued that it is not fair that only Japan is criticized by the United States and other countries, because there are other country military that were provided sexual service by prostitute. And do U.S. has any position on his comment or criticism against the United States?

MS. PSAKI: We have seen, of course, those comments. Mayor Hashimoto’s comments were outrageous and offensive. As the United States has stated previously, what happened in that era to these women who were trafficked for sexual purposes is deplorable and clearly a grave human rights violation of enormous proportions. We extend, again, our sincere and deep sympathy to the victims, and we hope that Japan will continue to work with its neighbors to address this and other issues arising from the past and cultivate relationships that allow them to move forward.

QUESTION: Do you describe this issue sex slave or comfort women?

MS. PSAKI: Again, I don’t know that I’m going to define it. You kind of laid out the specific details there, and we have described this issue in the past as comfort women[ii].

What is the footnote ii? Well I am afraid even the Asahi reporter managed to piss off the State Department (emphasis below is mine):

[ii] Rather than focusing on the label placed on these victims, we prefer to address the fact that this was a grave human rights violation of enormous proportions. The United States is also committed to working with our partners and allies around the world to denounce modern-day slavery and trafficking in persons no matter where it occurs.

これらの被害者につけられたラベル［慰安婦（Comfort women)か性の奴隷（Sex slaves）か］にこだわるよりも、私たちは、これが、重大で恐ろしく大規模な人権の蹂躙であったという事実に向き合う[事実を扱う］方を好む。アメリカ合衆国はまた、世界のパートナーや同盟諸国と共に、世界のどこであろうと現在存在する奴隷制度、人身取引を強く非難する。

I couldn't believe it until I read several articles by the Japanese media and tweets by some Japanese, but some people in Japan do seem to think if those women were called "comfort women", somehow they were part of the legitimate business. And they are shocked that foreign media portrays these women as "sex slaves". Thus the Asahi reporter asked that question.

If you start to believe in your own shit (often called "tatemae" in Japanese, literally "a facade"), you are toast. But many Japanese do not even know that　any more. Lost art of tatemae and honne.

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US NRC Chairman Allison M. Macfarlane: Life after #Fukushima - “The New Normal”

I guess Ms. Macfarlane probably doesn't know that the word "New Normal" was coined by PIMCO's co-president Mohamed A. El-Erian, as she doesn't give any credit to PIMCO when she quotes the word...

El-Erian's "New Normal" is the phrase he coined in 2009 to describe the post-Lehman world of slow economic growth, high unemployment and high government debt.

In Macfarlane's "New Normal", she says that "public interest in nuclear power, whether positive or negative, remains heightened."

So what exactly is her definition of "New Normal" in nuclear industry regulation, other than to say "In the months and years ahead, we should continue to consider “the new normal,” and assess the nature of the influence Fukushima will have on our daily work"?

Continue to consider?

Well I haven't had time and patience to read the 5-page statement yet, but you can read her entire prepared statement at the Nuclear Energy Institute (NEI) Nuclear Energy Assembly on May 14, 2013, here.

Feel free to leave the summary in the comment section.

In early April this year, NRC effectively ditched the idea of filtered vent (a la Sir Humphrey, "further study is needed").

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Groundwater Pump and Release from #Fukushima I Nuke Plant: Fukushima Fishermen Want Safety Assurance from Government, and Goverment Is Set to Give That Assurance

Another reason for TEPCO's shares jumping 18% in the morning session at Tokyo Stock Exchange is this:

TEPCO may get to release groundwater into the ocean soon.

From Jiji Tsushin (5/14/2013):

茂木敏充経済産業相は１４日の閣議後記者会見で、東京電力による福島第１原発の地下水放出が地元の懸念から先送りになったことについて、「関係者の了解を得ることが前提であり、国としても説明を尽くしていきたい」と述べた。地下水の放出については、汚染水抑制の観点から「極めて重要だ」と指摘した。

Minister of Economy, Trade and Industry Toshimitsu Motegi commented in the press conference after the cabinet meeting on May 14 on the release of groundwater from Fukushima I Nuclear Power Plant [to the ocean] which has been postponed because of the concern from the locals, and said, "Obtaining the approval from those involved would be the prerequisite, and the national government will do its best to explain [to the locals]." As to the release of groundwater, he said "it is extremely important" from the standpoint of reducing the amount of contaminated water.

Why is Motegi saying this? Because that's what the Fukushima fishermen have said they need the government's assurance that the water is safe.

In other words, they will agree to the scheme as long as the national government tells them it is safe.

Trust in the government continues to run supreme in Fukushima after two years of pathetic performance by both the national government and the prefectural government when it comes to dealing with the accident and resultant contamination.

Also from Jiji Tsushin, from yesterday (5/13/2013):

福島県漁業協同組合連合会（県漁連）は１３日、同県いわき市で県漁協組合長会議を開き、東京電力が福島第１原発の汚染水増加対策として敷地内で地下水をくみ上げ、海に放出する計画について協議した。地下水は原子炉建屋で放射性物質に汚染される前の水で、東電は理解を求めたが結論は出ず、６月以降に改めて協議することになった。

The Federations of Fishery Cooperatives in Fukushima Prefecture held a meeting of the cooperatives presidents in Iwaki City in Fukushima on May 13 to discuss TEPCO's plan to draw groundwater in the plant compound and release it into the ocean as part of countermeasures against the increase of contaminated water at Fukushima I Nuclear Power Plant. The groundwater is the water before it enters the reactor buildings and gets contaminated with radioactive materials. TEPCO asked for understanding, but no agreement was reached. They will meet again in June.

　県漁連の野崎哲会長は終了後、記者団に「地下水と汚染水を混同している漁業者もいる」と述べ、さらなる説明を東電に求めた。また、国に対して「（国が）了承したということを明確にしてもらわないといけない」と語った。

Tetsu Nozaki, president of the Federations of Fishery Cooperatives in Fukushima Prefecture, said to the press after the meeting, "There are fishermen who are confusing the groundwater with the contaminated water", and asked for further explanation from TEPCO. He also said, "We need to know clearly that (the national government) has approved [the plan]."

　会議には県内の漁協幹部のほか、水産庁や県の担当者が出席。東電の新妻常正常務が改めて計画を説明した。東電は安全性に問題はないとしているが、漁業者から風評被害を懸念する声が上がっている。

The meeting was attended by the senior members of the Fishery Cooperatives in Fukushima and the officials from the Fisheries Agency and Fukushima prefectural government. TEPCO's executive director Tsunemasa Niizuma explained the plan. There is no problem with safety, according to TEPCO, but fishermen are worried about damages from baseless rumors.

There you go. For the mayor of Iwaki City, his out is that he objects to the release of groundwater "at this point" (see my previous post on the topic). For the Fukushima fishermen, as long as the national government vouches for the safety of the water released, they will be OK with the plan. Just blame the fickle and ignorant consumers, as they've been doing for the past two years.

TEPCO seems to be trying to keep the water level in the reactor building basements at about O.P. (Onahama Peil) +3000 (or three meters above the standard sea level used for the plant), so that it is groundwater that's flowing into the basement instead of highly contaminated water flowing out of the basement.

Judging by the high, and increasing bioconcentration of radioactive materials in the fish inside the plant harbor, contaminated water from somewhere may be already leaking into the ocean anyway. That news died quickly.

Now with this cleaner water dump, TEPCO may be able to hasten the dilution of radioactive materials in the harbor.

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TEPCO's Stock Jumps 18% Thanks to PM Abe's Word That They Shouldn't Be the Only Ones Responsible for the Accident Cleanup

The reason for the jump is given in the Yomiuri article in the morning of May 14, 2013 (part):

安倍首相は１３日の参院予算委員会で、福島第一原子力発電所の事故を起こした東京電力に対して、「（賠償や廃炉などの問題）すべてを東電に押しつけるのは間違っている。国がしっかりと前面に出て、取るべき責任を果たす」と述べた。

In the Upper House Budget Committee on May 13, Prime Minister Abe said about TEPCO who caused the Fukushima I Nuclear Power Plant accident, "It's wrong to foist (all the problems like compensations and decommissioning) on TEPCO. The national government will step forward to fulfill its responsibility."

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