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Putin's "Sakhalin 2" subject to Russian companies signing presidential decree

2022-07-01 19:58:00
Russia's President Putin has signed a presidential decree ordering the change of business entity to a Russian company for the oil and gas development project "Sakhalin 2" being promoted in the Far East of Russia with the investment of a major Japanese trading company. It seems that there is also an aim to shake the Japanese side, which is tightening sanctions against Russia, which continues to invade Ukraine.

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[Economic column]

2022-07-01 19:46:00
The depreciation of the yen does not stop. In the foreign exchange market this week, the yen's exchange rate temporarily dropped to the 137 yen level for the first time in about 24 years from the view that the United States will continue to tighten monetary policy aggressively. In the last six months, the yen has depreciated by 21 yen and the dollar has strengthened, and the rate of decline in the six months has been the largest since 1998, when the Bank of Japan has a record. Concerns are growing among businesses and households over the depreciation of the yen, which pushes up import prices. How far will this depreciation of the yen go? (Hidetoshi Inomata, Reporter, Ministry of Economic Affairs)

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Political News

7 foreign companies that do not comply with the registration obligation Notify the district court of the obligation violation Ministry of Justice

2022-07-01 18:55:00
The Ministry of Justice has notified the Tokyo District Court that it is a breach of duty for seven IT businesses that have not indicated their intention to apply for registration as stipulated by the Companies Act over "foreign companies" that do business in Japan. This is the first time that the Ministry of Justice has notified the court that a fine should be imposed on a "foreign company" that is not registered.

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Social News


Kyoto   Mt.Fuji


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