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>> JAPANESE YEN Latest News

MAY 03, 2013 - Business Insider

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EL-ERIAN: The Success Of Japan's Unprecedented Economic Experiment Lies Abroad

NEWPORT BEACH – After years of tweaks, Japan has now initiated a major shift in its policy paradigm, with reactions ranging from great optimism that the country may finally be lifted out of a quarter-century of economic stagnation, to concerns that the authorities’ dramatic change of course may in fact end up making things worse. But, while debate naturally focuses on Japan’s economic, financial, and political maneuvers, the tipping point could well lie abroad. Prime Minister Shinzo Abe’s new government has embraced a revolutionary (rather than evolutionary) ... Read More

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