By Mayumi
Otsuma - Japan’s national
debt exceeded 1,000 trillion yen for the first time, underscoring the case for
Prime Minister Shinzo Abe to proceed with a sales-tax
increase to shore up government finances.
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Japan’s Production Slumps to 2011 Quake-Aftermath Low: Economy
By Keiko Ujikane
Japan’s industrial output tumbled more than forecast to the lowest level since the aftermath of the record 2011 earthquake, bolstering the case for Prime...
Three Reasons Japan’s Economic Pain Is Getting Worse
Japan’s economic problems are serious and getting worse. Foremost among them is the crushing burden of government debt.
Japan’s ratio of government debt to gross domestic product, currently...
The amount of Treasuries held by foreigners has surged, with holdings (HOLDTOT) rising to a record $4.66 trillion in September from $4.44 trillion at the end of 2010 and $3.69 trillion in December 2009, the latest government data show.
Mais...
Regime Nearly BankruptBy Matthew Robertson
Epoch Times StaffChina’s economy has a reputation for being strong and prosperous, but according to a well-known Chinese television personality the country’s Gross Domestic Product is going...
Bernanke’s Fed, constrained by a key interest rate near zero and bound by a Congressional mandate to reduce unemployment, yesterday said it would buy $600 billion in Treasury securities through next June in a bid to further reduce long-term borrowing...