Posts Tagged ‘Japanese Finance Minister’

Disgraced Former Japanese Finance Minister Found Dead

Disgraced Former Japanese Finance Minister Found Dead

drunk finance minister, Shoichi NakagawaCourtesy of Joe Weisenthal at Clusterstock

Remember Shoichi Nakagawa? He was the Japanese finance minister who resigned in disgrace early this year after a rambling, presumably drunk, press conference.

Today, he was found dead. Neither suicide nor foul play is suspected.

TOKYO (AP) — A former Japanese finance minister who stepped down after appearing to be drunk at an overseas news conference was found dead in his home Sunday, police said, ruling out foul play.

Shoichi Nakagawa was lying face down in bed when his wife found him in their Tokyo home, a spokesman for the Tokyo Metropolitan Police Department said on condition of anonymity due to police policy.

Investigators have ruled out foul play because the room was undisturbed, and they were downplaying the likelihood of suicide. Determining a cause of death will likely "take some time," the spokesman said, adding that an autopsy will be conducted as part of an investigation.

The 56-year-old Nakagawa caused an uproar when he appeared to be intoxicated at a news conference during a meeting of Group of Seven financial leaders in Rome in February. International news programs repeatedly played footage of him slurring his speech and looking sleepy.

More odd behavior followed when he visited a museum at the Vatican after the news conference. He touched exhibits and set off an alarm after entering an off-limits area.

The trip was widely seen as a major embarrassment for the Japanese government.

Nakagawa stepped down as finance minister shortly afterward, denying he had been drunk and blaming cold medicine. But the opposition demanded his resignation.

Nakagawa had been a longtime lawmaker from the northernmost island of Hokkaido with the Liberal Democratic Party, which had ruled Japan almost continuously for the last half-century. He lost his seat in parliament in Aug. 30 nationwide elections in which the Liberal Democrats lost to the Democrats, who now rule Japan in a coalition.

Stunned colleagues said Sunday that Nakagawa appeared to be in good health recently but speculated that he may have been physically and mentally drained after losing his seat.

Former Prime Minister Taro Aso praised Nakagawa for helping the country tackle its worst recession since World War II.

"I’m in such a state of shock right…
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Smart cities: The promises and failures of utopian technological planning

 

Smart cities: The promises and failures of utopian technological planning

For utopian cities to succeed, they should offer technological solutions to urban challenges. Shutterstock

Courtesy of Sylvie Albert, University of Winnipeg

Technology and innovation transform the ways that we interact with governments, purchase products and manage our health and lives. This turmoil affects cities, where the accelerating digitalization of our economy has opened the door for more technologies. It has also created the space to design utopian projects that profile the ways technology can be used to improve the quality of urban life.

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Courtesy of ZeroHedge. View original post here.

Authored by Michael Every via Rabobank,

The ripple effects of the sharp rise in oil prices continued on Tuesday.

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Courtesy of Benzinga.

Companies Reporting Before The Bell
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When silver, gold, and the precious metals industry were red-hot bullish in the 2000’s, investors could do no wrong.

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More Examples Of "Typical Tesla "wise-guy scamminess"

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rawpixel / Pixabay

Friends and Fellow Investors:

For March 2019 the fund was up approximately 5.5% net of all fees and expenses. By way of comparison, the S&P 500 was up approximately 1.9% while the Russell 2000 was down approximately 2.1%. Year-to-date 2019 the fund is up approximately 12.8% while the S&P 500 is up approximately 13.6% and the ...



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Marijuana is a lot more than just THC - a pharmacologist looks at the untapped healing compounds

Reminder: We are available to chat with Members, comments are found below each post.

 

Marijuana is a lot more than just THC - a pharmacologist looks at the untapped healing compounds

Assorted cannabis bud strains. Roxana Gonzalez/Shutterstock.com

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For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

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Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

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