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I know: I was the banking minister at the time.
Shozaburo Jimi, a lawmaker from Mr. Kamei's People's New Party, was named the new banking minister.
The stark words from the prime minister, Naoto Kan, followed by just hours the resignation of his banking minister and ally in the governing Democratic Party, Shizuka Kamei — an advocate of big spending.
Mr. Kan's prospects may be buoyed further by the departure of Mr. Kamei, the banking minister and vocal head of a tiny coalition partner that has often undermined the Democrats by straying from the government line.
But Shizuka Kamei, the outspoken Bank of Japan critic and the banking minister, was on the offensive, saying he was deeply unhappy with the outcome of the bank's action Tuesday.
"Tomorrow's Economics", published recently by Heizo Takenaka the economics and banking minister in Junichiro Koizumi's cabinet also tries to envisage a bright future for Japan; but his optimism hangs on Japan's making a string of tough choices that authors in the bubble years did not predict.Japan's economy has not been the only source of worry and confusion, however.
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"It is simply monitored by us just like any other economy in the real world is by a central bank, finance minister or national economic institute".
JERUSALEM — Jacob Frenkel, an inflation hawk who was Bank of Israel governor in the 1990s, will return to the helm of the central bank, Prime Minister Benjamin Netanyahu and Finance Minister Yair Lapid said on Sunday.
MADRID — After clinching a $125 billion bailout for Spain's banks, Prime Minister Mariano Rajoy flew to Poland on Sunday for the Spanish team's soccer match, declaring "this matter is now resolved".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com