https://www.bloomberg.com/authors/AD_8D7MTKf8/chen-zhao RSS for Node Wed, 13 May 2026 02:52:08 GMT https://www.bloomberg.com/view/articles/2016-08-11/abenomics-won-t-work-and-that-s-ok https://www.bloomberg.com/view/articles/2016-08-11/abenomics-won-t-work-and-that-s-ok Thu, 11 Aug 2016 21:00:20 GMT Japan's Prime Minister Shinzo Abe walks past the Japanese flag at the end of a press conference he held at a hotel in Jerusalem on January 20, 2015, demanding that the Islamic State group immediately free two Japanese hostages unharmed after the jihadists posted a video threat to kill them. The Islamic State group threatened to kill the two Japanese hostages unless Tokyo pays a $200 million ransom within 72 hours to compensate for non-military aid that Abe pledged to support the campaign against IS during an ongoing Middle East. AFP PHOTO / THOMAS COEX (Photo credit should read THOMAS COEX/AFP/Getty Images)