Login

Register | Forgot Your Password? | Close
Register | Forgot Your Password? | Close

(AP) - YEN TO SPEND: Japan's Cabinet endorsed a record 92.6 trillion yen ($1.02 trillion) budget for the coming fiscal year that would increase defense spending for the first time in 11 years and boost public works.

RISING SON: Prime Minister Shinzo Abe has pledged to do whatever it takes to get the economy out of recession and restore sustainable growth, through both strong stimulus spending and monetary easing.

CHINA WATCH: The 4.75 trillion yen in proposed defense spending is partly aimed at beefing up Japan's coastal and marine surveillance around islands also claimed by China and Taiwan.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus
close

Share: