Japan Society concerns the Japan earthquake effect after the Committee of experts on Wednesday (23rd), Japan economy will improve next year, but Japan's sovereign debt scale will be expanded. Two weeks ago Japan a destructive earthquake and the tsunami and to unleash a nuclear crisis.
Japan trading company Marubeni United States subsidiary Marubeni America Corp. Vice President and General Manager Takashi Imamura said the expected Japan gross domestic product (GDP) growth this year of 1%, 2.5% growth next year.
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Hui reputation cut Portugal sovereignty credit rating from A+ cut to A- Spain Bank rating was cut euro short-term can "quite live" Euro encounter Portugal this road Ridge Yen sets income transactions or prevailed Philippines Central Bank interest rates 25 a basis points relief Portugal scale is expected 60 billion-70 billion euro [RMB premium][market Center]Imamura said , Japan after the Government expects the major natural disaster reconstruction will cost more than US $ 300 billion. He said that Japan will have to choose between bonds and raise taxes. He also said that in Japan, the fastest way is to use public financing, rather than disaster relief projects in privatization.
Temple University campus in Tokyo Japan Research's energy economist Paul Scalise on Tuesday in an interview (Dow Jones) said in an interview, is expected to Japan when the Government issued bonds for post-disaster reconstruction financing, Japan residents ' savings into their family. He said that large-scale reconstruction needs will change Japan balance between domestic savings and investment.
Scalise said, as supporting Japan economic one joint monetary initiatives, Japan's Central Bank (BOJ) or will continue to be imposed on Yen intervention, but his guess interventions may not work.
