Japan finance minister apologizes for Nazi constitution comment
Half the worlds commercial leased aircraft is managed from Ireland, according to the IDA. Nine of the 10 biggest leasing companies have operations in Dublin, with more than 3,000 aircraft valued at 83 billion euros ($110 billion) are leased from Ireland, according to the countrys transport ministry. Ireland could capture 5 percent of the global shipping market, ISSC said, without giving further details. Buy Land ISSC may buy land in the Irish capitals north docklands and then develop the project in stages, starting with a 27,500 square-meter (296,000 square-foot) eight-story office building, the company said.
India’s Finance Minister Vows Not To Overspend
“It is very unfortunate and regrettable that my comment regarding the Nazi regime was misinterpreted,” Aso told reporters. “I would like to retract the remark about the Nazi regime.” Aso made the comments about Nazi Germany during a speech Monday in Tokyo organized by an ultra-conservative group. Critics of the ruling Liberal Democrats are uneasy over the party’s proposals for revising the U.S.-inspired postwar constitution, in part to allow a higher profile for Japan’s military. Japan and Nazi Germany were allies in World War II, when Japan occupied much of Asia and Germany much of Europe, where the racial supremacist Nazis oversaw the killings of an estimated 6 million Jews before the war ended in 1945 with their defeat. Japan’s military aggression, which included colonizing the Korean Peninsula before the war, is the reason its current constitution limits the role of the military.
India has $279 billion in foreign reserves as of July 19, according to the Reserve Bank of India. Emerging market countries often use reserves to fend off speculative attacks against its currency, and to provide a cushion against external debt service. The FinMin said that Indias target for this years fiscal deficit was still 4.8%. It is a red line and it will not be breached, he said on a day that economic data out of the country showed the government had run up a fiscal deficit of nearly half the budgeted amount in the first quarter. The fiscal deficit for April-June quarter was 48.4% of the budgeted amount compared with 37.1% in the same period last year, the ET reported Thursday.