[theold]

Billionaire Warren Buffett sees brighter days ahead for the Land of the Rising Sun and has hedged a bet that economic normalisation will work in his favour – but is he right?

In 1853, US Navy Commodore Matthew C. Perry’s fleet of black-hulled paddle-wheelers docked in Tokyo Bay, tasked with establishing diplomatic relations and trade agreements with Japan.

Locals referred to the fleet as kurofune raikō – the arrival of the black ships.


https://www.afr.com/markets/equity-marke...519-p5d9t3

[theold]

On his second uninvited visit, the ships dropped anchors on February 13, 1854, near the villages of Yokohama and Koshiba (both locations are in the modern city of Yokohama). 

Negotiations between the two sides began in Yokohama on March 8, and the Japan-US Treaty of Peace and Amity was signed on March 31.

https://www.nippon.com/en/japan-topics/g02197/