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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: Eashoa' M'sheekha who wrote (188)	4/1/2000 11:19:00 AM
From: Eashoa' M'sheekha	Read Replies (1) \| Respond to of 960

Japanese executives say national economy is recovering TOKYO (March 25, 2000 9:38 a.m. EST nandotimes.com) - Most executives at top Japanese companies say the economy is recovering from its longest slump in decades, according to a Kyodo News agency survey released Saturday. Some 68 percent of executives queried said the economy is improving, compared with 56 percent in the previous survey in October 1999 and just 26 percent in a survey held in March last year, Kyodo said. Also, just 31 percent of executives surveyed said the world's second-largest economy is at a standstill, down from 43 percent in October, Kyodo said. But only 4 percent of the respondents said the nation's recovery from two years of recession is "self-sustainable," meaning that it is based on increases in corporate and consumer spending rather than on government outlays for bridges, roads and other public works projects. A government report released on March 17 said the economy is showing signs of a self-sustainable recovery. Japan has been struggling for years to emerge from its worst economic downturn since World War II. The economy finally started growing again, then shrank in the July-September and October-December quarters of last year, pushing it back into technical recession. Kyodo said it surveyed top executives at 150 companies, receiving replies from 137.