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Business Daily: Japan: 'Abenomics' Endorsed by Voters

22/07/2013

Japan: 'Abenomics' Endorsed by Voters

BBC World Service - Business Daily, Japan: 'Abenomics' Endorsed by Voters

What will Prime Minister Shinzo Abe's party election win mean for the Japanese economy?

In Japan elections in the upper house have given control to the Prime Minister, Shinzo Abe's ruling coalition. It's been six years since any prime minister controlled both houses of parliament. What does this mean for Mr Abe's plans to reform the Japanese economy? He's spoken about changing labour laws and deregulating the energy sector. What next for Abenomics?

In filing for bankruptcy protection last week, the American city of Detroit treaded where others before it had - one of them being Harrisburg in Pennsylvania. Can selling a gun belonging to the Wild West lawman, Wyatt Earp, raise enough money for the struggling municipality?

And, regular commentator, Lucy Kellaway, isn't convinced that Californians know how to party.

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