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Strategies & Market Trends : Asia Forum

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To: MikeM54321 who wrote (4346)	6/11/1998 1:31:00 AM
From: Step1	of 9980

Four top headline news in Japan this morning. 1- Not enough world cup tickets for Japanese fans (Japan-Argentina match) 2- Nomo with the NY Mets 3-Aum Shinrikyo and sentencing of the chief "technology minister" 4- Over 10 billion dolares (not pesos) (1.42 "cho" yen for those japanese speakers on the thread= 1.42 trillion yen) in unrecoverable loans made to a government corporation for oil exploration ventures. The government will end up picking up the tab. The guest on the news also mentioned that the government is starting to look into the "zaito budget", loans to government or near governmental entities and assess the real national debt and alluded to an article in Business Week where the national debt of Japan was reported as 250% of GNP. 5- lowest birth rate ever nationwide, now at 1.39 down from 1.43. Tokyo has the lowest in the country at 1.25 per woman over and out sg

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