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FINANCE MINISTER MIYAZAWA PONDERS DURING PARLIAMENTARY DEBATE IN TOKYO, 1998-08-27 (photo)

IMAGE number
REU8098621
Image title
FINANCE MINISTER MIYAZAWA PONDERS DURING PARLIAMENTARY DEBATE IN TOKYO, 1998-08-27 (photo)
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Photographer
Haruyoshi Yamaguchi
Medium
photograph
Date
1998 AD
Shooting Date
1998-08-27
Image description

Japan's Finance Minister Kiichi Miyazawa ponders as he attends debate at the Financial Stabilisation Special Committee of parliament in Tokyo August 27. Miyazawa he said he thought Long-Term Credit Bank of Japan Ltd may have more problem loans that needed to be liquidated. As Tokyo stocks plunged to their lowest closing level in six years and Russia's economic woes rocked global equity markets, traders were quick to point out Japan's own home-grown problems contributing to the equity savaging, including a parliamentary stand-off over how to deal with the country's bad loans problem. ES/KK

Photo credit
REUTERS/Haruyoshi Yamaguchi / Bridgeman Images
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