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Oil prices, slump will hit spending: Nukaga

Higher oil prices amid signs of a global economy slowdown could affect profits and consumer spending in Japan and other parts of the world, Finance Minister Fukushiro Nukaga warned Wednesday. "Expectations of inflation could make it even more difficult... ...full story at Japan Times

from Japan Times on Wed, Jun 04 2008

see also:

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09 Feb 08 visit Nukaga, Paulson discuss global economy  »  Japan Today Finance Minister Fukushiro Nukaga and U.S. Treasury Secretary Henry Paulson agreed to cooperate closely to help stabilize the world financial market during their bilateral meeting held Saturday in Tokyo amid increasing uncertainties over the global...
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