Shop till you drop - please

Article Abstract:

Japanese government in late Nov 1998 called on consumers to spend their money to get the country out of the recession. However, many consumers refused despite great savings available in every shop. Prime Minister Keizo Obuchi has introduced his new $189 bil economic-stimulus plan that allocates $69 bil for computerized highways and social infrastructure, $49 bil in new loans for enterprises, a one time $50 bil tax cut set to take effect in 1999, and $6 bil in vouchers for the elderly and households with children.

Author: Wehrfritz, George
Economic aspects, Japan, Economic policy, Recessions

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


The coming rail boom

Article Abstract:

The extension of the Trans-Siberian Railway, agreed at a summit held between Vladimir Putin and North Korean president Kim Jong Il, is discussed. The potential economic gains from increased transit of goods by rail are explored.

Author: Wehrfritz, George
Railroads, Political activity, Russia, Putin, Vladimir, Transportation policy, Transportation, North Korea, Kim Jong-Il, Eurasia

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Fiji takes a backwards step

Article Abstract:

An interview with Figi's former prime minister Mahendra Chaudhry is presented. Now in hiding, he reveals plans to restore a democratically-elected government.

Author: Wehrfritz, George
Interview, Fiji, Chaudhry, Mahendra

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Political aspects
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.