SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : World Outlook

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: $Mogul who wrote (759)3/20/2001 6:26:54 PM
From: Don Green  Read Replies (1) of 48825
 
The only solution for Japan is to bring back MacArthur.... Japan needs a "Shogun" to run the country.

Bush Urges Japan To Solve Bad Debt Problem..

WASHINGTON (Nikkei)--At the Japan-U.S. summit Monday, U.S. President George W. Bush urged Tokyo to promptly resolve the bad debt problem shackling Japanese banks, while pledging to cooperate to avert any negative fallout from slumping stock markets in both countries. Bush said some Americans believe that Japan is not making sufficient effort to address the bad loan issue. Japanese Prime Minister Yoshiro Mori promised to take immediate steps. He also said his government aims to decide, over the next six months, on how to deal with the long-term debt held by the central and local governments worth 660 trillion yen. Bush expressed concern about the prospects for economic recovery in Japan, prompting Mori to pledge to revive the economy through deregulation, structural reform and the promotion of information technology. Mori also said Washington, too, should work harder in order to stimulate the U.S. economy, noting that the economic slowdown in the U.S. is affecting Japan and the rest of Asia. The U.S. president pointed to worries among Americans that Japan is trying to trade its way out of its economic problems, indicating his disapproval of any measures to increase exports to the U.S. (The Nihon Keizai Shimbun Wednesday morning edition)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext