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Japan's Abe arrives in the United States

Thursday, February 21, 2013 - 01:08

Feb. 21 - Japan's Prime Minister Shinzo Abe arrives in the United States seeking to show off alliance between the two countries. Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) STORY: Japanese Prime Minister Shinzo Abe landed at Joint Base Andrews on Thursday seeking to put a strong U.S.-Japan alliance on full display in the face of potential threats from a nuclear North Korea and an assertive China when he meets U.S. President Barack Obama on Friday. Abe, who has kept his ratings high since taking office in December, also needs Obama's signoff on his economic revival recipe of big spending and hyper-easy monetary policy. Expectations for "Abenomics" - especially drastic monetary easing - have sliced about 10 percent off the yen's value against the dollar since Abe took office, raising concern abroad that Japan is weakening its currency to export its way out of recession. Abe also hopes to secure at least a wink and a nod from Obama that would allow him to argue that Japan can negotiate special treatment for politically sensitive sectors such as rice if it joins talks on a U.S.-led free trade pact.

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Japan's Abe arrives in the United States

Thursday, February 21, 2013 - 01:08

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