❌

Reading view

There are new articles available, click to refresh the page.

Putin Reignited a Dispute With Japan. This Town Is Stuck in the Middle.

The fishing town of Nemuro depends on Russia for trade. But it’s also leading a fight to win back islands seized by Moscow in World War II.

Β© Kosuke Okahara for The New York Times

The signs at Nemuro port read in Japanese, Russian and English: β€œWelcome to Nemuro!” They also notify readers, β€œReturn of the four islands will strengthen friendship between two nations. The Northern Territories are traditionally Japanese territory.”

Japan Raises Interest Rates to 31-Year High Under U.S. Pressure

The Bank of Japan’s widely expected move followed an unusual campaign by Treasury Secretary Scott Bessent for higher rates.

Β© Kazuhiro Nogi/Agence France-Presse β€” Getty Images

The Bank of Japan governor, Kazuo Ueda, indicated that underlying inflation was approaching the central bank’s 2 percent target after months of steady signals.
❌