China and Japan move to trade each other's currencies directly, without using the U.S. dollar to set the exchange rate. The change is a new step toward a world where the dollar is not last word in global currencies.
The Prime Minister of Japan, Yoshihiko Noda, is in Washington today for meetings with President Obama. There are tensions over the U.S. military in Japan, but moves toward closer cooperation on energy and trade.
It has been a year since the earthquake, tsunami, and nuclear disaster in Japan. And the economy there is finally starting to look better, but many families are still struggling to regain their former lives.