Japan approves record stimulus plan amid tax concerns
Japan unveils its largest stimulus package yet totaling about 196 billion dollars in new spending and tax cuts aimed at halting a third straight contraction. Obuchi defends tax needs to cover a rising deficit while shopping vouchers and public works aid attempt to lift consumer confidence and aid small firms as markets react cautiously.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Keizo Obuchi
Obuchi
Malaysia
The
Asia
Pacific Economic Cooperation Forum
Nihon Keizai
Yomiuri
End of tortilla subsidies shocks Mexico city residents
Mexico ends most corn tortilla subsidies and lifts price controls January 1 as the government cuts spending amid a global financial crunch. Consumers complain of higher costs while officials promise direct aid to the poor. Tortilla producers praise a move to a freer market, arguing subsidies were inefficient.
MENTIONED IN THIS ARTICLE
Mexico City
Martin Werner
Mexico
Mary Huerta
Marina Hernandez
Javier Velez
Grupo Maseca
Gore offers new aid as Asia economies face crisis
Vice President Al Gore announced a $10 billion Asia relief package at the APEC summit, with half funded by the U S and partners. He praised Malaysia’s reform movement prompting a sharp rebuke from Malaysia’s Rafidah Aziz. The package aims to ease the regional credit crunch and restart growth, with $1 billion in new loans to Thailand, Indonesia, and South Korea.
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Kuala Lumpur
Malaysia
al Gore
Gore
Clinton
United States
Japan
World Bank
Asian Development Bank
Asia
Mahathir Mohamad
People Power
Doi Moi
Mahathir
Rafidah Aziz
Anwar Ibrahim
Anwar
Canada
Australia
Philippines
Azizah Ismail
Madeleine Albright
Azizah
Rafidah
Albright
White House
South Korea
Guam
Keizo Obuchi
Obuchi
U.S
Thailand
Indonesia
Early Most Active Stocks in New York Market Board
NYSE listed stocks show high activity with notable names like Exxon, Merck, PepsiCo, and Coca Cola among top movers. The list highlights volumes, prices, and percentage changes, reflecting opening trades and intraday volatility across sectors.
MENTIONED IN THIS ARTICLE
New York
NYSE
T. AldSgni
Aziz Ae
ATCAS
Averichs
Amocos
AscfCap
SankAm
Travel Crew opens in Wakeman at 17 W Main St
Wakeman area residents can plan trips locally as The Travel Crew opens about a month ago in downtown Wake man. Kathy and Katie Kormish run the agency linked with Eagle Travel Services to book cruises and tours. Phone numbers are (440) 839-1361 and (877) 839-2954. Hours are noon to 7 p.m. Tue-Sat. The sisters seek mailing list contacts for a travel newsletter.
MENTIONED IN THIS ARTICLE
the Travel Crew
Wakeman
Kathy Kormish
Katie Kormish
Village Video
Main St
Kormishes
Kathy
Eagle Travel Services
Eagle
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