End of Cheap Money: Can the World Handle Higher Interest Rates?

End of Cheap Money: Can the World Handle Higher Interest Rates?

SPIEGEL ONLINE - June 13, 2013

For the last five years, the world's leading central banks have been combatting the crisis with extremely low interest rates and vast bond purchases. Now the American Fed is breaking ranks, as it cautiously suggests a change in its policy -- sending the markets into turmoil. By Martin Hesse, Anne Seith and Wieland Wagner more... Comment ]

Risky 'Abenomics': Can Japan Jumpstart Its Economy?

Risky 'Abenomics': Can Japan Jumpstart Its Economy?

SPIEGEL ONLINE - April 18, 2013

Japanese Prime Minister Shinzo Abe's economic plan has rallied the Nikkei index and offered hope to those weighed down by the country's economic problems. But critics fear it could lead to national bankruptcy. By Wieland Wagner more... Comment ]

Atavistic Abe: Japan's PM Courts Old Dangers

Atavistic Abe: Japan's PM Courts Old Dangers

SPIEGEL ONLINE - January 17, 2013

Japan's once and current prime minister, Shinzo Abe, is determined to restore his country to its former greatness. Apart from focusing on its ailing economy, the nationalist leader is talking tough with its much stronger neighbors. By Wieland Wagner more... Comment ]

The Greece of Asia: Japan's Growing Sovereign Debt Time Bomb

The Greece of Asia: Japan's Growing Sovereign Debt Time Bomb

SPIEGEL ONLINE - January 03, 2013

The eyes of the financial world are on Greece and other heavily indebted euro-zone countries. But Japan is in even worse shape. The country's debt load is immense and growing, to the point that a quarter of its budget goes to servicing it. The government in Tokyo has done little to change things. By Anne Seith more... Comment ]

Senkaku Islands Dispute: Former Owner Criticizes Japanese Government

Senkaku Islands Dispute: Former Owner Criticizes Japanese Government

SPIEGEL ONLINE - September 24, 2012

The Senkaku Islands are at the center of a conflict between Japan and China, which both lay claim to the tiny outcrops. The islands used to belong to a rich Japanese family, who recently sold them to the government. One of the members of the family told SPIEGEL that Tokyo should have done more to defend Japan's sovereignty. By Wieland Wagner in Tokyo more... Comment ]

Power in the Pacific: Stronger Chinese Navy Worries Neighbors and US

Power in the Pacific: Stronger Chinese Navy Worries Neighbors and US

SPIEGEL ONLINE - September 14, 2012

China and the US seem to be on a collision course in the Pacific. Beijing is significantly bolstering its navy, and Washington is shifting its military focus to the Asia-Pacific Region. Many fear it could alter the balance of power in a region rich in oil and crucial for global trade. By Bernhard Zand more...

Energy Conundrum: Japan Retreats from a Nuclear-Free Future

Energy Conundrum: Japan Retreats from a Nuclear-Free Future

SPIEGEL ONLINE - July 24, 2012

In the wake of the Fukushima nuclear catastrophe, Japan turned its attention to renewable energies. Such technologies, however, will take years to develop. In the mean time, the country is importing increased amounts of fossil fuels -- and flirting with a return to nuclear energy. By Wieland Wagner more... Comment ]

Easing Fears: A Lonely Missionary in the Radiation Zone

Easing Fears: A Lonely Missionary in the Radiation Zone

SPIEGEL ONLINE - March 09, 2012

After the Fukushima disaster, residents fled from the village of Katsurao, located just outside the 20-kilometer exclusion zone. Now living in temporary emergency housing, many exist in an overwhelming state of doubt. But one man hopes to help them return to more normal lives by freeing them of their radiation anxieties. By Heike Sonnberger in Tamura, Japan more...

Fukushima's Legacy: What Future Does Nuclear Power Have in Japan?

Fukushima's Legacy: What Future Does Nuclear Power Have in Japan?

SPIEGEL ONLINE - March 01, 2012

Almost a year after the Fukushima disaster, 52 of Japan's 54 nuclear power plants have been shut down. The reactor explosion destroyed the population's trust in nuclear energy. But the atomic lobby -- and the country's industrial needs -- could block a possible phase-out. By Wieland Wagner more...

The Fukushima Psychiatrist: 'It's Amazing How Traumatized They Are'

The Fukushima Psychiatrist: 'It's Amazing How Traumatized They Are'

SPIEGEL ONLINE - February 28, 2012

Since the Fukushima catastrophe almost one year ago, Jun Shigemura has been providing psychological care to workers from the stricken nuclear facility. In an interview with SPIEGEL ONLINE, he tells of the immense challenges facing TEPCO employees -- and why most of them have elected not to quit their jobs. more...