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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Dayuhan who wrote (2772)	3/24/1999 3:46:00 AM
From: sergio	Respond to of 2951

Just an FYI to all, a little known change in Japanese Gov't policy shift due to a provocating(?) incident by N Korea: "The incident is also expected to help Obuchi win support for changes in the rules governing Japan's military, a key issue for conservatives in the ruling party. Parliament has begun a heated debate over allowing the military to provide logistical support for U.S. forces, assist in the search for and rescue of U.S. military personnel, and inspect ships on the high seas to ensure the enforcement of U.N. economic sanctions. A victory on the always contentious issue would also help Obuchi ahead of a summit with President Bill Clinton in Washington in May. This week's incident saw a cabinet approve for the first time the use of a 1954 self-defence law allowing the military to take over patrolling Japan's waters and the pursuit of vessels." biz.yahoo.com A counterbalance to China's expansion plan? sergio...