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Bank Of Japan Could Be 'leaderless Within A Week'

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http://business.timesonline.co.uk/tol/busi...icle3536519.ece

The central bank of the world’s second largest economy could be “leaderless within a week” after an assault on the Japanese government by the opposition party.

The opposition Democratic Party of Japan (DPJ) today successfully blocked the government’s nomination of Toshiro Muto as the next Governor of the Bank of Japan. Analysts claim the gambit could force a general election.

With nobody selected to replace Toshihiko Fukui as governor when his term ends next Wednesday, the BoJ faces its worst crisis since gaining independence a decade ago. The turmoil also coincides with a Japanese stock market in tatters and the economy balanced on the edge of recession.

By losing the Upper House parliamentary vote, Prime Minister Yasuo Fukuda must either select an alternative candidate for Governor or become the leader who allowed the BoJ to have its first ever vacancy at the top.

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http://business.timesonline.co.uk/tol/busi...icle3536519.ece

The central bank of the world’s second largest economy could be “leaderless within a week” after an assault on the Japanese government by the opposition party.

The opposition Democratic Party of Japan (DPJ) today successfully blocked the government’s nomination of Toshiro Muto as the next Governor of the Bank of Japan. Analysts claim the gambit could force a general election.

With nobody selected to replace Toshihiko Fukui as governor when his term ends next Wednesday, the BoJ faces its worst crisis since gaining independence a decade ago. The turmoil also coincides with a Japanese stock market in tatters and the economy balanced on the edge of recession.

By losing the Upper House parliamentary vote, Prime Minister Yasuo Fukuda must either select an alternative candidate for Governor or become the leader who allowed the BoJ to have its first ever vacancy at the top.

Have they thought of getting some polish lads in on the agency instead?

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  • 298 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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