As the above video illustrates, Nakagawa Shoichi, finance minister, financial services minister, and Aso ally appeared at the G7 meeting in Rome, where he stumbled and slurred his way through his remarks to the press and fell asleep during the plenary session.Hatoyama Yukio, DPJ secretary-general, has already called for Mr. Nakagawa to be fired for …
Tag: G7
Much ado about nothing in Essen
So the meeting of G7 finance minister and central bank presidents has concluded, and, despite grumbles from the Democratic US Congress and the EU's ECOFIN about the weakness of the Japanese yen, the final statement in Essen included nothing that directly referred to Japanese monetary policy.Instead, the only country named directly in the paragraph on …
Japan walking into a trap at Essen?
The G7 is due to meet in Essen, Germany this weekend, and there are dark rumblings that Japan may be called to account for failing to allow its currency to rise as the dollar falls, which has forced the euro to appreciate to a greater extent than the yen, which has remained the weakest of …
Tobias S. Harris 