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Ottawa Herald in Ottawa, Kansas

07 Jan 1985

Page 2

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Ottawa Herald January 7, 1985 Page 2 old newspaper archives

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Newspaper

Ottawa Herald

Location

Ottawa, Kansas, United States of America

Date

Jan 07, 1985

Page

2

Japan Faces Mounting Debt Threat to Its Economy

Japan's budget deficit and rising debt exceed those of major industrialized nations, with debt reaching 47.7 percent of GNP and consuming 41 billion of a 214 billion dollar 1985 budget. Finance officials warn solvency risks while political pressure grows for more spending and defense on higher budgets.

MENTIONED IN THIS ARTICLE

Tokyo Japan United States France West Germany Ministry of Finance Britain Toshihiko Asami Finance Ministry Research Bureau Mt. Fuji Reagan Yasuhiro Nakasoye Acack Nakasone Liberal Democratic Party Defense Agency Asami
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American farms Feed The Hungry

An Agriculture Department study shows one acre in five on American farms feeds poor nations. Half of U S crops may be shipped abroad by century's end, with Mexico Korea and Taiwan among top buyers. Debt levels in developing countries rise as markets persist amid debt concerns and shifting aid.

MENTIONED IN THIS ARTICLE

Washington U.S Agriculture Department Department Clark Edwards Ohe Agriculture Department Mexico Korea Taiwan United States Mathew D. Shane David Stallings
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