The World Bank announced its passage on Sunday of what it calls a “historic” package of reforms at the end of key meetings of global finance leaders. The package includes a massive increase in capital for the institution, its first in 20 years, and an increase in voting rights of China and other developing and [...]
Posts Tagged ‘Japan Finance’
World Bank Increases Voting Rights for China
April 27th, 2010 by HardMoney Writer
Tags: China, financial, global economic, Japan Finance, US Economy
more...Japan Warns Debt, Fund Flows May Hurt Global Growth
April 24th, 2010 by HardMoney Writer
WASHINGTON (Reuters) - Countries must not be complacent about the state of the global economy, despite brighter signs of recovery, Japanese Finance Minister Naoto Kan on Saturday warned his counterparts at the International Monetary Fund.
Huge public debt in developed countries and surging capital inflows to emerging economies could disrupt growth, Kan said.
The remarks came after [...]
Tags: economic recovery, economy, emerging economies, financial, Financial Markets, global recovery, IMF, Japan Finance, japan's economic, money
Japan finance minister needles BOJ on inflation targeting
February 22nd, 2010 by HardMoney Writer
Japan’s Finance Minister Naoto Kan reiterated his desire to target inflation, setting up a clash with the Bank of Japan over how best to pull the country out of deflation.
Kan, speaking in an interview with the Yomiuri newspaper published on Monday, said that a 1 percent rise in prices was desirable and that the central [...]
Tags: bank of japan, central bank, Japan Finance, japan's economic, onflation
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