Promises, promises

Klee, Kenneth; Kattoulas, Velisarios
June 1998
Newsweek (Atlantic Edition);06/29/98 (Atlantic Edition), Vol. 131 Issue 26, p40
Discusses the financial crisis in Japan. Reaction of Prime Minster Ryutaro Hashimoto to an economic-rescue package; Impact of the crisis on the New York stock market; Observations of United States Treasury Secretary Robert Rubin about solutions for the yen's weakness; Reaction of Japanese banks to proposed stopgap measures.


Related Articles

  • The lost decade. Powell, Bill; Kattoulas, Velisarios; Takayama, Hideko // Newsweek (Atlantic Edition);07/27/98 (Atlantic Edition), Vol. 132 Issue 4, p14 

    Discusses the Japanese economic downturn of the 1990s, referred to as the Lost Decade. Journalist James Fallows' 1989 assessment of Japan as a juggernaut that needed to be contained; The perilous condition of the Japanese economy in 1998; Evidence of the effects of the Lost Decade; 1998...

  • INSIDER'S VIEW JAPAN. Goodman, John // Campaign;10/10/2008, Issue 39, p17 

    The article presents a viewpoint on Japan's economic condition. Accordingly, the news that the country's prime minister is stepping down, plunging the country into another round of political turmoil and raising possibility of an early general election, it seems to not affect its economy. From an...

  • Thou Shalt Buy Stocks. Wehrfritz, George; Takayama, Hideko; Itoi, Kay // Newsweek (Atlantic Edition);03/26/2001 (Atlantic Edition), Vol. 137 Issue 13, p78 

    Reports on the decline of Japan's economy and expectations that there will be a recession in the country. Issue of the bad debt load of Japanese banks and the government's Rebirth Plan for the economy; Role of the government in bank reform; Fall in the Nikkei stock exchange in anticipation of...

  • The Real and Present Danger. Klee, Kenneth // Newsweek (Atlantic Edition);2/25/2002 (Atlantic Edition), Vol. 139 Issue 8, p25 

    Comments on efforts of Japan's Prime Minister Junichiro Koizumi to save Japan from financial disaster. Background on the economy; Impending visit of U.S. President George W. Bush; How Koizumi is creating the appearance of action; Outlook for Japan; Implications for the U.S. and the world if...

  • No Bank Is Too Big to Fail.  // Newsweek (Atlantic Edition);10/14/2002 (Atlantic Edition), Vol. 140 Issue 16, p46 

    Presents an interview with Heizo Takenaka, Japan's so-called economic czar, who was appointed amid warnings of imminent financial crisis. Thoughts on the cost of adjustment; Outlook for Japan's four megabanks; Awareness of the average Japanese over the country's financial situation;...

  • More woe from Asia. Powell, Bill; Kattoulas, Velisarios; Itoi, Kay // Newsweek (Atlantic Edition);08/17/98 (Atlantic Edition), Vol. 132 Issue 7, p38 

    Focuses on the economic status of Japan and the Asian financial crises. Effect of the crises on inflation in the United States economy; Japanese Prime Minister Keizo Obuchi announcing tax cuts and government spending; Tokyo's banking system needing an overhaul; Concern about regional currency...

  • Why Japan Isn't Rising. Gross, Daniel // Newsweek (Atlantic Edition);7/27/2009 (Atlantic Edition), Vol. 154 Issue 4, p18 

    The article examines why Japan’s reputation as an industrial power has diminished and how one of the greatest economic powers has been unable to recover from various Japanese economic crises, such as it 1980s real-estate and stock market crashes. Topics include the effect of an aging...

  • Growth down. Balch, Roger // Asian Business Review;May95, p9 

    Reports on the decline in economic growth in Japan for the last three months of 1994.

  • Fast Action Will Prevent Disaster. Takenaka, Heizo // Newsweek (Atlantic Edition);9/29/2008 (Atlantic Edition), Vol. 152 Issue 14, p36 

    The author presents his views about the response of the U.S. government to the 2008 financial crisis. Secretary of the U.S. Treasury Henry Paulson is defended for his choice to support American International Group and not Lehman Brothers Holdings Inc. The situation in the U.S. is compared to an...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics