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Public Spot  | Created : September 1, 2008 | Updated : 1 week ago | Visited : 383 | Channel: News, Politics, Society, International…  | Join  | Abusive content

Global trade is slowing, as Japan's poor export figures show | Global trade is slowing

THE latest figures on Japanese exports, released this week, make for grim reading. Exports, an important driver of the Japanese economy, were 7.7% lower in October than they were a year earlier. That drop, the biggest in nearly seven years, is just the latest piece of bad news for the Japanese economy, which officially fell into recession this week.
LouisK
Feed : economist.com  | Updated : 1 week ago
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Japanese Prime Minister Steps Down

Japanese Prime Minister Steps Down

Prime Minister Yasuo Fukuda's surprise resignation announcement Monday, less than a year into office, is the latest problem to rock Japan as the world's second largest economy flirts with recession.
Feed : online.wsj.com  | Updated : 1 month ago
LouisK : "The Prime Minister of Japan is the head of government. The position is appointed by the Emperor of Japan after being designated by the Diet from among its members and must enjoy the confidence of the House of Representatives to remain in office. The Prime Minister is the head of the Cabinet (the literal translation of his Japanese title is "Prime Minister of the Cabinet") and appoints and dismisses the Ministers of State, a majority of whom must be Diet members."
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