Mini-Forex trading from $100. What is Dealing Desk 2000
Current forex market
news and forecasts
Win 100$ in contest for free Forex traders forum Demo accounts for free About High Street Networking

28 August 2001 08:25  Japan's Shiokawa says firms' restructuring plans must heed societal conditions


Tokyo, Aug. 28 (BridgeNews) - Speaking after unemployment was announced at a historical high of 5.0%, Finance Minister Masajuro Shiokawa said Japanese firms should take "the societal environment" into account when planning restructuring. Prime Minister Junichiro Koizumi has repeatedly said his administration will pursue a program to encourage drastic private sector structural reforms that will necessarily incur bankruptcies and unemployment in the short-term. However, Shiokawa seems to be backtracking on this policy objective in his comments.
.....

"Business & Finance"

© 1998-2005, High Street Networking. All rights reserved