Spansion Inc. said it is in a reorganization proceeding under Japanese corporate law that will protect its Japan subsidiary from its creditors while it continues restructuring efforts. The NOR flash vendor also said it has begun ...

Exporting the Unemployed, Debt: Japan and USA, China Cancels US Credit Card. Japans newest export is unemployed people. Japan is paying its unemployed Y300,000 per unemployed person and Y200,000 per dependent (roughly $3K and $2k) to ...

The seriously ill Japanese economy takes every possible step to prop up the equally ailing US economy, pouring Japanese savings into the black hole of American illiquidity in order to subsidize the US global empire, fund its debt, ...

Global miner Rio Tinto dumped plans for a $19.5 billion tieup with Chinas Chinalco and agreed to set up an iron ore joint venture with rival BHP Billiton and sell new shares to slash its debt. Japans Canon Inc, the worlds largest ...

Japan Please excuse my rudeness, but if someone could explain to me what is going on here, I would be in your debt. Oh, Japan. He was nearly just killed, and hes still the most polite person youll ever meet. ...

The likelihood of the US monetizing its debt is discussed with respect to the Chinese holdings of US debt and the continually rising unemployment rate. ... Unlike Japans slump of the 90s and 00s, this depression is worldwide. Americans arent buying like they used to. So, foreigners arent selling. Everyone gets poorer as expected income and profits disappearand turn into losses. Meanwhile, in America, todays jobs report shows that unemployment is still on the rise. ...