. Earth Science News .
POLITICAL ECONOMY
Japan minister suggests additional stimulus plan

Japan's economy minister Kaoru Yosano.
by Staff Writers
 Tokyo (AFP) Feb 8, 2009
 Japan's economy minister Kaoru Yosano said Sunday the government may consider offering an extra economic stimulus package if the economy deteriorates further.

"I think that would be a wise move," Yosano told the private broadcaster TV Asahi, when asked whether the government was ready to offer additional stimulus packages if Japan's economic growth for the fourth quarter to December turns out to be bad.

Figures for Japan's gross domestic product (GDP) for the October-December quarter are set to be announced on February 16.

Prime Minister Taro Aso in December announced a stimulus package worth 23 trillion yen (253 billion dollars), in addition to a 26.9 trillion yen package unveiled in October.

The latest stimulus package, included in the budget plan for the fiscal year starting April, is currently being debated by parliament.

Aso has pledged that Japan will be the first developed country to move out of recession, but Yosano said late last month it was impossible to say when Asia's biggest economy would bottom out.

Yosano's remarks came after official figures showed industrial production plunged a record 9.6 percent in December from the previous month as firms idled factory lines in response to slumping exports.

A report on Sunday said Aso will order his ministries to draft a "Green New Deal" this week to counter the twin threats of climate change and the economic downturn.

Aso will order a stimulus package focusing on slashing greenhouse gases at a meeting of his global warming advisory panel Wednesday, the business daily Nikkei said, citing unnamed government sources.

It was not clear whether the "Green New Deal" was included in the already announced stimulus package.

The report came as US President Barack Obama vowed to lead the world on climate change as he set about shredding his predecessor's global warming policies with new measures to encourage the development of fuel-efficient cars.

UN Secretary General Ban Ki-moon also called for a "Green New Deal" at a UN climate conference in Poland in December.

Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
 The Economy


Memory Foam Mattress Review
SPACE MEDIA NETWORK PROMOTIONS
 Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


POLITICAL ECONOMY
Laid-off China migrants seek Plan B
 Zhugao, China (AFP) Feb 8, 2009
 When migrant worker Zhong Yan lost her job in southern China amid the implosion of the country's manufacturing sector, she wasted no time coming up with a Plan B.






DISASTER MANAGEMENT
  • Mobile phones fight disease, uncover news in developing lands
  • Poland ending Chad, Lebanon, Golan missions: defence minister
  • Snow may be billion-pound loss for British economy: experts
  • Myanmar migrants say cast adrift by Thais: Indonesia navy

    • CLIMATE SCIENCE
  • NASA Carbon Mission To Improve Future Climate Change Predictions
  • Chinese envoy urges US help on climate change
  • Emergency as drought hits key farm regions in China: state media
  • Climate change must be tackled to avert economic disaster: UN chief

    • EARTH OBSERVATION
  • NASA Satellites Capture Sea Surface Heights Around The World
  • NOAA-N Launch Rescheduled
  • NOAA-N Prime Launch To Light Up Early Morning Sky
  • New Research Aircraft HALO Lands At Home Airport

    • ENERGY TECH
  • Analysis: The scoop on buying green power
  • Analysis: Green business going strong
  • US green groups hail reversal of Bush-era land lease
  • Analysis: Azerbaijan crucial to gas export

    • EPIDEMICS
  • Blue Light Destroys Antibiotic-Resistant Staph Infection
  • Bill Gates playfully frees swarm of mosquitoes
  • Bird flu poultry outbreaks in China possible: UN
  • Deadly H5N1 avian flu found in Hong Kong birds

    • FLORA AND FAUNA
  • Fishy Clue Helps Establish How Proteins Evolve
  • Dinosaur Fossils Fit Perfectly Into The Evolutionary Tree Of Life
  • Study In Fish Finds No Such Thing As A Born Leader
  • Revision Of Plant Evolution May Stem From Discovery Of Lignin In Seaweed

    • FROTH AND BUBBLE
  • Pollution preferable to unemployment for Romanian town
  • Vietnam to go ahead with bauxite mines despite opposition
  • China blames pollution as birth defects rise: state media
  • Over 4,000 industrial plants without proper permits: EU

    • ABOUT US
  • Tom Cruise Smile Comes With A Sunburn Price
  • Survival shaped face of human ancestors
  • How Vision Sends Its Message To The Brain
  • Learning Science Facts Doesn't Boost Science Reasoning

    • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement