Reuters: BOJ Warns On Public Debt As Japan Seeks New PM
A Japanese central
banker warned on Thursday that market turmoil from Europe's debt woes
could hurt growth and urged the government to fix its tattered finances,
as the ruling party raced to pick Japan's fifth premier in three years.
Japan's ruling Democratic Party will vote on Friday to pick a new leader after unpopular Yukio Hatoyama abruptly quit this week after just eight months in office to improve the party's chances in a July upper house election that the ruling bloc needs to win to avoid policy deadlock.
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Japan's ruling Democratic Party will vote on Friday to pick a new leader after unpopular Yukio Hatoyama abruptly quit this week after just eight months in office to improve the party's chances in a July upper house election that the ruling bloc needs to win to avoid policy deadlock.
Read the entire article here.
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