{ "story_id": "b355d26015e6b6cf78886c67e40327b7", "desk": "drm3", "revision": 1, "published_at": "2026-09-01T22:49:35.000Z", "content_hash": "d06098ecda648e8134dec6c1c37e63a8715c18acd0f26c8141fd9836f285b5ce", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "US Treasury Secretary Bessent Predicts Japan to Raise Rates to Strengthen Yen", "dek": "US Treasury Secretary Scott Bessent predicts the Bank of Japan will raise interest rates in September to strengthen the yen.", "prose": "Scott Bessent told CNBC that he expects the Bank of Japan to raise interest rates in September to combat the decline of the yen. [^1]\n\nScott Bessent, US Treasury Secretary, stated on Monday that he believes the Japanese government and the Bank of Japan will take measures to strengthen the yen. [^2]\n\nKevin Warsh, President of the Federal Reserve, declared at the G-20 meeting in Asheville, North Carolina, that the world is currently experiencing an investment boom that is reversing the previous excess of savings. [^3]\n\nUS Treasury Secretary Scott Bessent met with Bank of Japan Governor Kazuo Ueda on Sunday in Asheville, North Carolina, during the G-20 Finance Ministers and Central Bank Governors meeting. [^4]\n\nThe G-20 group agreed that countries with excessive trade surpluses must eliminate market-distorting policies and practices that aggravate imbalances. [^5]\n\nKevin Warsh replaced Jerome Powell as President of the Board of Governors of the Federal Reserve System in May 2026. [^6]\n\nKevin Warsh stated that the concept of secular stagnation is no longer applicable to the current global economic situation. [^7]\n\nAlicia Girón González, coordinator of the PUEAAO, highlighted the importance of China's expansion in Africa, citing strategic mineral reserves and infrastructure projects like trains, ports, and roads that transform local economies. [^8]\n\nAmbassador Aníbal Gómez Toledo, Director General for Africa, Central Asia, and the Middle East at the Ministry of Foreign Affairs (SRE), stated that Mexico needs more specialists to understand African realities and faces common challenges with African countries regarding food security, climate change, and poverty. [^9]\n\nMiguel Armando López Leyva, coordinator of Humanities at the Institute of Economic Research (IIEc), stated that the eighth edition of the Africa Studies program confirmed the urgency of extending knowledge about Africa's historical, cultural, and geostrategic contributions from Mexico and Latin America. [^10]\n\nProjections indicate that by 2030, young Africans will represent 42 percent of the global youth population. [^11]\n\nKevin Warsh commented that the US Federal Reserve will have work to do if policymakers lack confidence that inflation is reducing to 2 percent. 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