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U.S. markets recover from steep losses
TOKYO, Aug. 22 (UPI) -- The Japanese economic stimulus package will be funded with a supplementary budget instead through deficit-covering bonds, it was announced Friday.
Japanese Economic Minister Kaoru Yosano said the supplementary budget will be prepared for the current fiscal year ending next March, Kyodo news service reported.
Finance Minister Bunmei Ibuki ruled out issuing bonds to finance the package, which is designed to offset rising gasoline and food prices due to inflation.
"We saw an agreement in opinions to proceed with work to create" a supplementary budget, Yosano said, but gave no details on the size of the budget, the report said.
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LINCOLN, Neb., May 24 (UPI) --
A law giving the governor of Nebraska the authority to approve oil pipelines passing through the state is illegal, three landowners say in a lawsuit.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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It is a whole new ball of wax in Europe these days.
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