Word: taro
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...Yosano took over the finance and banking positions from former Finance Minister Shoichi Nakagawa, who resigned in mid-February after appearing to be drunk at a G-7 press conference. Prime Minister Taro Aso tapped Yosano as the ultimate insider; as minister of economy, a post he has held since September, Yosano knew his way around the draft budget for 2009. Still, the breadth of his responsibilities now is daunting. (Read "Sony's Woes: Japan's Iconic Brands Under Fire...
...night Japan's Prime Minister Taro Aso left for this week's G-20 summit in London, he said at a news conference that he "intended to exert leadership" to bring about concrete, coordinated international efforts to fight the global economic crisis. Now that the summit is being heralded as a success - consensus was reached on plans to clean up banking systems and world leaders pledged more than $1 trillion to support impoverished countries - there's evidence that Japan's embattled Prime Minister may have had an impact...
...ozawa's support in the polls when compared with Japan's Prime Minister Taro Aso - the third lackluster holder of that office since Junichiro Koizumi resigned in 2006 - the dim view taken of his alleged role in the Nishimatsu scandal illuminates the paradox of Ozawa's place in Japanese politics. He is at one and the same time the single most radical critic of the Japanese postwar political establishment (it was his decision to bolt the LDP in 1993 that led to its only period out of office) and a supreme exemplar...
...Treasury Secretary Timothy Geithner warned this week that the U.S. recession is deepening and Japan's Prime Minister Taro Aso said there is "no bottom in sight" for his sinking country, many investors turned to China for a measure of hope. There have been glimmers of stability recently in the world's third-largest economy, and Asian stock markets briefly climbed midweek amid reports that Beijing would announce additional stimulus measures on top of the $586 billion it has already said it will spend to revive its slowing economy...
...second largest, is contracting at the fastest rate among all developed nations. GDP growth in the last quarter shrank at an alarming annualized rate of 12.7%, Japan's worst showing since the 1974 oil shock. But instead of taking vigorous steps to counteract a worsening recession, Prime Minister Taro Aso is lurching from one embarrassing gaffe to the next, and seems in imminent danger of losing control of his Liberal Democratic Party (LDP) - and control of the government...