Japan's Government Could Run Out Of Cash By October

TOKYO (Reuters) - Japan's government could run out of money by the end of October, halting all state spending including salaries, pensions and unemployment benefits, because of a standoff in parliament that has blocked a bill to finance the deficit.

  • $1.5 Trillion Says: Eat What You Kill
    With 160 trillion yen ($1.5 trillion) to invest, Japan's Government Pension Investment Fund has an ... complain undermines performance when an investor withdraws cash after a short run of bad results, the pension fund is signing what it calls "multi ...
    06/12/2018 - 6:00 pm | View Link
  • Japan’s ethnic Koreans loyal to Pyongyang look to summit to bring peace, boost status
    Job opportunities for pro-Pyongyang Koreans were long limited to firms run by members of their community ... Others supported the North with steady cash remittances and by carrying goods on a ferry that made occasional trips between the two nations ...
    06/6/2018 - 2:45 pm | View Link
  • Oliver Blanchard And The IMF Spout Nonsense About Japan's Debt
    Governments run deficits and in consequence face ... we want you, the government to be in debt to us - that is we want a bigger stock of paper assets in the form of cash or government debt." Clearly, that's what might be called a "debt seller's market."
    05/17/2016 - 8:58 am | View Link
  • Japan's Troubling Economics And AFLAC
    With the money supply growing by nearly 9% a year inflation could get out of control if the Bank of Japan does not ease off on its massive injection of cash ... In the short run, the Bank of Japan's $660+ annual buying binge of Japanese government bonds ...
    05/21/2015 - 9:03 pm | View Link
  • WHOA: Japan Has Its Own Fiscal Cliff, And People Are Actually Talking About A Risk Of Imminent Technical Default
    If they don't, Japan faces its own fiscal cliff. And Thompson says that if Japan can't pass legislation approving additional bond sales by the end of November, when the government is expected to run out of cash, then the Ministry of Finance "may be forced ...
    10/25/2012 - 2:17 pm | View Link
  • More
  • Economy of Japan
    The economy of Japan is a highly developed and market-oriented economy. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP).
    06/17/2018 - 8:37 am | View Website
  • International News | Latest World News, Videos & Photos ...
    Get the latest international news and world events from Asia, Europe, the Middle East, and more. See world news photos and videos at ABCNews.com
    06/17/2018 - 5:46 am | View Website
  • Technology News
    Find the latest business news pertaining to Technology covering companies, advancements, multimedia, electronics, mobile technologies, and science available on the official CNBC Technology site.
    06/16/2018 - 9:24 pm | View Website
  • The Asahi Shimbun
    The Asahi Shimbun is widely regarded for its journalism as the most respected daily newspaper in Japan. The English version offers selected articles from the vernacular Asahi Shimbun, as well as extensive coverage of cool Japan,focusing on manga, travel and other timely news
    06/16/2018 - 7:59 pm | View Website
  • Pachinko: Japan's Unlucky Loser
    Japan’s preparations for integrated resorts are hitting pachinko harder than the actual casinos ever will. By Muhammad Cohen. Japan won’t open its first integrated resort for years, if ever, but the IRs already have their first loser, the country’s unique and ubiquitous pachinko business.
    06/16/2018 - 6:51 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News